TRX LATEST update!!Hi Guys!
I'd like to share my idea, trade your own risk!
If we are able to regain the 820 satoshi it will go straight to TargetPrice1: 890-912 and it will consolidate again to 850-880 before going TargetPrice2: 1k+ satoshi!
OR
It is possible to revisit 750 sats or below!! before hitting the target Price! and it will take more time!
TP1: 890-912
TP2: 850-880
Stop-Loss: 700
Thanks!
Trxbinance
TRXBTC analysis!Hi All
If the Yellow SMA move on top of the green line its a good sign that we are going up and if the candles move on top of the green line then its a break out but we have a resistance zone(BLUE LINE) and if we are able to break that blue line resistance (Let's say its 890-900 sats) then it will go to the moon!!
And for the other scenario if we are going to fall to red line, buy as many TRON as you can, Main Net is coming :)
Goodluck traders!
Thanks,
CArlos
TRX TRON Additional 1H chart - Major 3rd Wave PossibilityCheck previous chart for a more "zoomed out" view:
If the last week has been an ABC correction, TRX 7.09% might go for a 3rd Wave Movement.
We have two short term resistances to pass right now before going up.
Watch those FIB levels! (left side of the chart).
Resistances (short term): 612 and 650/660- satsoshi .
Support: 560 and 530 (hopefully it will not touch 530 again. If it does, then this rise can be much lower than I expect it).
Trend support could be 570-590 if it keeps going higher and higher.
StochRSI on 1DAY candles is looking like it's about to go upwards.
MACD on 6h candles crossed. Waiting on 12h and 1day to cross.
Remember to move Stop/Loss upwards with each new push!!!
Targets based on Fib Retracement:
Target 1: 680 satoshi
Target 2: 800-860
Target 3: ~1000 satoshi.
Greedy target:
Target 4: 1300 (highly NOT recommended WITHOUT tight STOP/LOSS).
TRX TRON Major 3rd Wave Possibility. 18 apr updateIf the last week has been an ABC correction, TRX might go for a 3rd Wave Movement.
We have two short term resistances to pass right now before going up.
Watch those FIB levels! (left side of the chart).
Resistances (short term): 612 and 650- satsoshi .
Support: 560 and 530 (hopefully it will not touch 530 again. If it does, then this rise can be much lower than I expect it).
StochRSI on 1DAY candles is looking like it's about to go upwards.
MACD on 6h candles crossed. Waiting on 12h and 1day to cross.
Remember to move Stop/Loss upwards with each new push!!!
Targets based on Fib Retracement:
Target 1: 680 satoshi
Target 2: 800 (possibly 820)
Target 3: ~1000 satoshi.
Greedy target:
Target 4: 1300 (highly NOT recommended WITHOUT tight STOP/LOSS).
#TRX #TRON Approaching Ichimoku Breakout PositionDecided to buy into Tron again today as I just felt it was a good time to buy. Now charting it. Totally a gut feeling and emotional trade, completely against what I've learned, but oh well. :-)
Anyway, chart shows we've had a major ichimoku resistance cloud looming over us for months since the ATH around $0.28. I just bought in at $0.037.
This cloud is thinning at the bottom and has actually changed to green for a moment. We may have the opportunity to push through the bottom of the resistance cloud, get above it and be ready to be pushed up by the new support cloud formation in the coming days/weeks.
Alternately, we may be pushed down below the bottom of the resistance cloud (to about $0.030 USD), but may have the opportunity to push back up through shortly after that.
If we can get above the Ichimoku cloud, then it's likely and I'm hopeful that rallies will begin again and this may mark the end of our current long and painful consolidation period. Bitcoin and others may follow or lead, but TRX just traded more volume than ETH and has taken the #2 spot on volume, so this is what triggered my buy.
TRON TRX Possible Scenario - Bull Flag Formation TRX jumped out of nowhere earlier today. (I've been told in the comments it got pumped because of a listing)
Spectacular and all that.
But a jump this big, this fast always has a consequence : running out of steam very fast.
MACD 2H looks as surprised as we are, right now. :/
So, I'd say TRON is looking for some Snickers right now, to be ready to make the next Elliot Wave.
Last time the 3rd Motive Wave happened was when 2H MACD crossed upwards.
I expect a phase cycle of MACD 2H candles to be completed on the downard phase, before we can see another pump.
With that in mind, I believe TRX will form a Bull-Flag Triangle or a Bull Pennant until that happens and the exit from that would be our queue for the next wave.
I also believe this will take some time to happen - no rush.
I also reckon a good buying area for the next Motive Wave to be between 530 and 580 satoshi.
Dream Scenario would be a retracement to 500 sats, but I don't think that is likely, since MA(100) forms a strong support at 530 sats.
With that in mind: lower than 500 sats and staying there = trouble.
TRX/BTC---> BINANCE 100% ROI POTENTIAL TRX / TRON POTENTIAL 100 % ROI
Daily Chart. Short-Term Trade Idea. Long Play on TRX/BTC (BINANCE)
TRX has been bleeding since it went to Mars last time and it's ready to bounce as seen in last 3 days with volume confirmation. Potential short-term long play for quick 100 % ROI. Tron is known to move fast and furious especially with its Test Net Launch Countdown in T-7 days.
Entry:
Wait for a pull back on the daily chart based on a FIB ratio (23.6%, 38.2%, 50%, 61.8%) or if unlikely----> enter on intra-day (5min or 15 min chart) Fib Ratio
Exit:
First Target: 0.00010
Second Target: 0.00012
Hit the Like Button if you Dig. Good Luck!
**This is not financial advice. This trade is for educational purposes only. Always trade responsibly & don't lose more than you can afford.***
Trx move incomingsorry for the time away. I was not happy with the market stated of flux so I held my inputs to see what was to come. If you are looking for some gains with TRX you are shortly approaching an adjustment in the near future. I have placed a longer term flag in green and a shorter term marker as well. As you can see there is a match between the two. the circle signifies a window when we should see movement again. the EMA comparison shows a down trend should occur next. This should be your window to get in. coin has a lot of noise given the upcoming beta so swings should be there for profits. GL Traders!!!
Trx direction changeOkay im looking at Tron again today and as we trace it out from my previous calls we can see the trend line does continue downward towards our current levels. The nice thing is there seems to be a min support line around the 404 level. Look closely and you can see there is a consolidation of some sort beginning There also appear to be a tightening of the CCI levels around the 0-12 mark. I think we could see at least a small push on Tron in the coming hour's. My concerns are the barriers at the previous support levels (highlighted in blue) I could see this pushing back up to 420 IF the 404 support line is indeed a new support formation. if she pushes south this could go as low as the 380s again. Given the recent pushes to 450 there are rooms for profits to be made here. Use your stop losses to minimize the risk and good luck