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Troncoin

Tron breakout will take place in a very short time.As you can see from the chart TRX is reaching the end of the pennant and this clearly means that we'll see a breakout, if volume increase. Theoretically speaking it should break the yellow support line at 395 but there is also the opportunity to form an uptrend. If this scenario happen, if there will be a breakout of the resistance line, we'd expect a huge growth in price. If price goes down that yellow support line there will be another support at 333 sats. If it breaks too, another one is at 220. Before entering every trade wait for the breakout.
by fedeman23
Why TRON (TRX/BTC) is about to breakoutTron will soon attempt to breakout of this channel. I think there are two ways this could go in the next couple of weeks. First Tron will test the next major resistance at aound .00001000 . This is where I have placed my first sell order. I will then wait to see if Tron rejects from that test or bounces from it making it a new support. Never trade alone! If your looking for a good place to chat and trade feel free to join my trading chat. discord.gg
Long
by I_I_I_I_I_I_I_I_I_I_I_I_I_I_I
1
Tron TRX Forecast - An Closer Look Helps Paint The FutureFollowing my previous chart which showed Tron's potential, I am now taking a closer look of how the chart should make it's way up in a conservative manner. However I must point out that there is nothing conservative about TRX. When it pumps it pumps hard and when it dumps it dumps harder. The chart depicts an upward trend following the long-awaited bullish reversal. In order to retrace the prices in a more accurate manner I've decided to omit the swing low (382) and take the next swing low (478) which actually confirms the reversal of trend. I've taken into consideration the chart's bearish trend angle and averaged it to around 30 degrees which in-turn used it to trace the bullish trend pattern. Since bullish reversal is most likely confirmed I've decided to go for the Elliot's Wave to support my idea. I've labelled the support and resistance levels through multiple Fibonacci retracements and extensions. The process is much more complex but I've decided not to clutter the chart and keep it simple. Chart does not take into consideration BTC's price. Hope this helps create a clearer picture of TRON's future price. This is not an investment advice, always do your own research.
Long
by itradearn
10