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Tronixbtc

#TRON #Crypto When Will Bulls Take Over?!Hi guys, Today I have brought you TRXUSD in the 4 hour chart. TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or month however you want to call it. It is sitting at an important level where bulls can take it over. But for this view we still need some time for a confirmation. I have drawn you 2 possible scenarios in the chart above. I am looking at any of them. But important to mention is that in case it breaks for any reason the 0.031080 lows, then this analysis will be invalid and we can still see more downside. But lets wait for now and see what TRON will do in the coming days. Also Tron will reveal some important news in another 10 days. (TVM) Lets see. Hope this helps. Cheers and trade with care Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
BITFINEX:TRXUSDLong
by TradeFxTrends
Tron about to M O O NHello everyone. It's been a while ;) Welcome to the analysis of my favorite holding, Tron. We've been in a slump ever since May 26th - RIGHT before the Main Net release. We are forming a Bullish descending wedge. The structure is becoming very tight and a breakout up or down is imminent. Considering this is a bullish formation, I believe we're headed UP UP UP. The RSI is in oversold territory but recently formed bullish divergence about a week ago. This is an indicator of potential reversal. The MACD also shows bullish divergence. Although it is currently curling down, data suggests this will not last long. Buy-in targets: 525 500 475 Profit targets: 578 726 846 1038 S/L 460 This is not financial advice. Good luck :)
Long
by deactivatedaccount123
40
Tron (TRX) Bullish B-886 Pattern, bullish divergeance formingFrom my last idea, I was the first one to call the Bullish Bat (0.886) and right now it does seem like it was a correct call. As long as we can bounce from either the current level of 540 or the 520 sat level, TRX is looking to be a very strong buy. Make sure to have a stop loss underneath the 524 level however, as a single Bitcoin drop can negate this trade. Buy-in: 524 - 544 satoshis Sell Targets: 750 satoshis 820 satoshis Trendline formed from A & C Stop loss: Under 520 satoshis. Since this pattern will be invalidated if it drops below. Time frame: Likely over a week. Thanks for viewing! Please support my idea if you agree & leave any comments/criticisms in the box below. The link to my last idea can be found below.
Long
by HD1184K
5
TRXBTC 6/1/2018 Analysis CHECK CHECK!I believe TRX is only consolidating to get a new ATH!! it is possible that this gonna happen in the next 2 weeks! so HOLD! baby!! if TRX able to break the Minor resistance and turn it again to minor support that will be a good sign and if we are able to have atleast 2 candle sticks above the orange line that is a break out baby! To avoid losses set your SELL- STOP-LOSS: 755 satoshi , If we broke the support this will lead us to 600-620 satoshi!
Short
by wrecklez
6
Tron TRX Update - She's about to 'splode. Enjoy.Good afternoon ladies and gents. I just wanted to give you an update on what I think will happen with Trx/btc over the next couple of weeks. Wave 3 hit the 1.618 extension mark and Wave 4 retraced to the golden ratio at .618. This is ideal. Preferred extension shows interest and preferred accumulation shows strength and confidence. TRX/BTC has decided that she wants to absolutely explode. And by explode, I mean if you're a bag holder you're going to be nutting home some serious dough. Currently TRX/BTC is trading within an ascending triangle on the 1 hour chart as well as a larger ascending triangle on the 4 hour chart As far as indicators are concerned, The MACD is setting up very nicely on the 4 hour chart which just now crossed back over, and a new uptrend has been established on the RSI. As soon as RSI picks up to the 60-70 level, look out. We can also see an ascending triangle form on the RSI as well which is a great sign. All things considered, and with a little FA thrown in here with the mainnet launch on May 31st, this has the set up to make a lot of people a lot of money. globalcoinreport.com I expect Wave 5 to hit 2.618 Extension levels easily. However, this could easily trend up or down depending on the health of the overall BTC market and the effect the mainnet launch has on the coin. If this is an analysis you appreciate, feel free to upvote and like as many times as you wish! I appreciate your support.
Long
by alexghs07
9
Updated TRX Count and Aggressive plan for MainnetAdjusting the count here and attempting to get better targets. Going to play TRX a little more aggressively but not foolishly. The Targets Target 1 will cover a bearish double top on wave 5 Target 2 will cover a .786 Extension of Waves 1-3 Target 3 will cover a 1:1 Extension of Waves 1-3 Target 4 will cover a 1.618 Extension of Waves 1-3 Word of warning Although I am usually a lot more cautious and only target the .786 extension of waves 1-3 it would be foolish to discount a run up for mainnet release. Will be minimizing risk by taking profits at each target The Count Not a big fan of the primary wave 2 ABC correction as labeled on this chart but does line up perfectly with wave 3 reaching just above a 1.618 extension. Retracement outside the buyzone will require new counts but is unlikely to invalidate the count unless 680 is crossed.
by Murdiuss
#TRX need to chill a bit, not ready for a new run atmHi all. Here's an update of my current chart. I have now changed my pitchfork to our new newer high which makes it easy to see its channel. This is what I see the next few days. -I see clearly that we are over-bought at 1 day Rsi, it shows today that it will go down. We are currently around 78, which is somewhat oversold. I can see for me that RSI is now going down to around 60 on the RSI bar, we have also seen the trend in the last few hours on the 4-day chart, I think this will fall further lower. -Macd on the 1 day chart also shows signs that we will have some slightly smaller volumes on the purchase page. If TRX wants to go higher in the coming day, then we need a huge volume into it. so that we can not break below the up trend on rsi bar we've had in recent days. But i expect it to take a more or less common pullback move for consolidation to go on new heights. There are probably many who disagree with me, but I never like to trade at high risk and I now think that TRX is a big risk to be traded atm. My purchase zones are: Different places between 950 \ 930 \ 880 Again, do not make their choices based on my charts or opinions. Do your own research :) Pace.
Short
by Porshy
7
Tron TRX Tronix Update 4/17 - Power to the Player!Hello again! So just to start, I want to go ahead and put out there that I am extremely bullish on Tron through the end of the year. I try not to let this fact get too far in the way of relevant TA. So, getting right to it we see that Tron had a great impulse wave 1 a couple of days ago. We are currently in consolidation of Wave 2 on the 4 hour chart. As you can see, it played around the golden ratio for a little while and then decided to drop to the .786 retracement level. Because of this, I expect only a moderate impulse Wave 3 to around the 1:1 extension ratio (W3T1). I have also included the 1.618 extension target (W3T2) in case this bounce has more bull power than I am expecting. Because Wave 2 retraced all the way to .782, we can assume Wave 4 will have a shorter consolidation at the .382 or .5 retracement level once Wave 3 has finished. Wave 4 will encroach wave 1 barely, if at all. If this happens, Wave 5 has BIG potential. IF Wave 3 hits 1:1 extension, we assume Wave 5 at 1.618 extension. IF Wave 3 hits 1.618 extension, we can assume 2.618 extension for Wave 5! This would be huge. If wave 4 continues downward, encroachment into the Wave 1 candle will constitute a failed Wave 5 and we can expect retracement to .618 levels of Wave 1-3. The other factor to consider is the turnaround in bitcoin. With more bullish sentiment in the crypto market in general, we can expect to see more volatility and impulse than in the last couple of months. From a fundamental point of view, we have the Main-net release on May 31st. The coin has been churning along at the top of Github edits for quite a while. Justin Sun continues to put out the effort and marketing to make this truly a successful alternative to the internet as we know it. Any helpful tips you can provide for better TA are very much appreciated!
Long
by alexghs07
2
TRX Target 792 for me short termHello again. Trx has now come through most of my goals from my target 600 to 792 where I expect a bullback. Although this happened slightly faster than I expected, I still follow my chart. Here's an update of my chart: Rsi is now oversold in 4 hours chart when we pass 82 on the rsi bar, previously we have seen trx like to take a bullback around this level, but as we now seem to be in a bullish market, I think we can go something higher, possibly up to 90 as we have seen it go earlier in December\January. We have also gone through 38.20 fiblevel from the big pump in mid January. I now expect this to work as support @ 731sat. We have also gone out of the forkpitch chanel so I expect that 0.00 fiblevel works as support same with 38.20 fiblevel Again do not take your choices based on my chart, as I'm still a beginner and even still learning myself :) Happy trading :)
Long
by Porshy