For a ZOOMED OUT view - see related ideas. If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement. An ABCDE correction might still form, making it go back 480 sats. If that happens, we have more waiting to do, unfortunately. We have two short term resistances to pass right now before going up. Resistances (short term): 530 and 560...
This is a low risk trade if you can hold it. Chart is self explanatory. We anticipate a potential bull run to begin within few weeks. Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
We saw a pretty classic 1-5 Elliot Wave pattern at the breakout point. Followed by a possible ABC correction. The 4 hour MacD doesn't look ready to yet for a big buy pattern, but the one hour chart is getting close to that point. I don't think we'll see the C wave extend much further, but we could see some sideways action for a bit, as lots of people are selling...
in the battle between xvg and trx, xvg took a giant step foreward today.. dont be surprised to see a correction and those sellers to put their money back into trx. Tron is nearing a downtrend wedge and the rsi and macd are both threatening to reverse on the 1 hr chart. Major support at 465 and resistance at 485. More resistance at 505, 600, 625, 700. After the...
You can't go wrong with TRON TRX. If you agree, best thing would be a long term trade. I see great future for TRON. Team along with CEO have demonstrate competence with the project and have followed dates very strictly which give me confidence in greater future for TRON. As I always tell my members, XVG and TRX are a must have haha. I do not care what anyone...
The first cup formed and created a small handle which also could be a small cup too. Either way a handle formed and this is trying to break to the upside. TRX is at a .886 which is always good position to enter for a long hodl. Secondly, TRX cups failed to hit the 1 fib and higher lows are formed. I entered today 15K units for a long hodl.
In mid march, i think the the price will rise. Our bulls run with the strong bulls of BTC. My target is 2600 sats. -Testnet and Mainnet launches in Q1. -Coin burn in Q1 -More partnership announcements are coming
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...
Tron 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...
Following 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...