Trxbreakout
Tron (TRX) Breakout. Possible long position after flagging.Hey everyone, my last chart predicted sideways movement till the news so this was kind of expected. I believe this can be a great long position in anticipation for the secret project, as long as TRX can find support and form a strong bull flag. There is a medium chance it will be a false breakout. I bought into Tron at 440 so I'm kind of debating whether or not to take profit now.
Therefore,
Buy in:
When bull flag forms. If we drop straight back down it was likely a false breakout and should not be trusted. With the secret project tomorrow there will be an increase in demand or selling pressure, so be careful with a smart stop loss.
Sell targets:
573-600 satoshis.
Stop loss:
464 satoshi level or underneath the bull flag's support area.
I believe in the next few months TRX is going to have a good cycle again. As long as bitcoin can stay within the current range, a good 50% gain is possible.
Tron Ethereum pair explains everythingI believe this shows impulsive since 2/1/2018 nobody could get a good count on tron because they were not and couldn't off of btc pair. Because BTC took such a dip we ate shit on trx btc pair doing more of a WXYXZ correction and looking like a 1-2-3-4-5 move with truncated 5th. That 5th? is a B wave hit exact .78 retrace of A. This all means we are about to start wave 3 after we finish this ABC correction. I estimated these numbers off of a bounce in golden pocket .618 retrace. Its already bounced on .50
Tron (TRX) Big market order boosted TRX up. Unclear signals.TRX broke out of the falling wedge netting me around 5% profit after it hit my stop loss. However, the Bitcoin ETF decision which has now been moved to September caused BTC dominance to rise, basically people moved their BTC out of altcoins. This is one of the reasons I strongly wish for more exchanges with fiat to altcoins so we do not need to analyze both Bitcoin and the altcoin charts before trading.
Right now on paper it looks like we will be continuing down, but as mentioned, a secret project will be announced in 6 days, and as shown on the chart, there was a large buy order for TRX which caused a move up of around 6%, which might keep us above 400 before demand rises due to the news.
Right now I would wait and see if Bitcoin can hold and what the dominance decides to do before moving funds back into Tron.
I did pick up some TRX at 445, but a very small portion, with a stop loss at 400, but I'm fine with the risk.
Thanks for viewing! Leave any thoughts you have in the comments below. I'll make sure to respond to questions.
TRXIn a very quick analysis...
A bat has been made.
But, there's a chance to drop a bit more.... less likely anyway.
Target on GreenBox... or yellow line.
MACD converge and bullish cross
SRSI almost oversold.
All (8) EMA's above the price.
++If we watch my old charts of TRX, we will clearly see that it is right back in the ground++
Educational Only
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-CJ-
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BTC: 1DQinHVrv8SEjJR81swwuKpK4msz3ULYd9
TRX: TMaei46gfPMpmSCxNsYUS4CTPi3Lx7jQoC
TRX - fall in the edge / falling wedgeSo we're getting a lovely falling wedge pattern. It's just a matter of time when the price action pops up and the engines turn on.
Be ready when the price cross above the upper edge and then smiles up! Do not need to say more words about that. It's simple as that.
Good luck!
TRX Update: Bounce up from current price, FIRM +7% COMING UP!HELLO! We're back with a not so educational post suited for you lazy asses who just want buying and selling signals.
We're sure that many of you guys are confused by the super professional and complicated charts in TradingView. Many of you have questions like
"So..Nice chart but at what price do we actually buy or sell at?"
"Elliot's wave, HnS, Green trendline , Red trendline , Black trendline , Support, WHAT ARE THOSE!! I just want to know when to buy and sell.."
Well fret not, cause we are here to save your lazy asses from googling and learning the "pro" terms of TA.
We will be here to give you guys exact Buying and Selling Signals
Congratulations to our group members and the people who followed our call. 55% profits.
Congratulations to everyone who followed our previous charts too, we avoided the -20% drop
Congratulations to everyone who followed our previous short call, +10% profits!:)
During our previous calls, We had
+50%
+10%
-5% (Stop loss)
+10%
We successfully got out with a total of 55% before TRX dropped down to its current lows.
In our part 5 chart, we told everyone to stay out of TRX and TRX indeed dropped down to 600 Satoshis.
We successfully predicted BTC's drop to 6200-6300 which got us +10% Short from 580 Satoshis to 520!
During our previous call:
You can buy into TRX Now at 510-520 Satoshis
Targets are
550 (CHECK)
580
600
Stop loss if BTC breaks below 5900 USD
We successfully secured +10% profits for all of our members in our telegram group including you guys!
New call:
Buy into TRX at current price range of 490-500 Satoshis
We only have one target for this, which is 520 Satoshis
Stop loss at 475 Satoshis
On the technical part, we'll cut short the story and tell you why it'll be rising or falling:
1) BTC is quite stable now, we feel that money from BTC will slowly flow to ALTS soon. Leaving BTC to be stable the way it is now and making ALTS rise!
2) BTC is still acting as the absolute dictator, so when BTC rise , ALTS will follow and they will rise even more then BTC, Vice Versa.
3) If there are anyone interested here to look at charts even though we are here for you lazy asses, look at the point at 498 Satoshis, do you see a pattern there? We are about to bounce up a little before continuing our downtrend. So in this trade, we are attempting to get a sweet stable +5% before getting out of it.
4) TRX will definitely follow our charts if BTC stays stable. We might even see it going up higher if BTC goes higher now.
5) If TRX follows nicely along our chart waves, we will see our targets being hit pretty soon!
6) This is a super short term trade. We will most likely hit our +5-7% by today or tomorrow. Remember to set your stop losses too in case BTC goes crazy.
We will be here for the long run in order to scoop up all the +% for you guys and burn away the -%
For all the information above, you should be able to understand them as long as you learned how to read and speak english. Our posts are as simple as ABC but is probably what all of you came here for, which is to have the exact buying and selling signals.
More coin signals coming soon.
The main thing that we'll be doing is that we'll make you guys filthy rich.
Do like this post and follow us if you want to continue getting direct Buying and Selling signals.
if you have any questions, you c
Tron (TRX) Final chance for breakout before drop to 430 levels.As much as I would love for TRX to act out on the B-886 pattern and have a reversal, we seem to have strong resistance each time we approach the trendline. This, combined with the bearish BTC market, means that the chance of breaking down is going to be pretty high. We are in a downward trend so predicting the bottom can be quite risky.
However, we are getting into the oversold territory on the daily, and on the four hour chart we have a very strong bullish divergence. I tend to trade all strong bull divs, therefore I will be entering this trade.
Buy in price:
507-524
Stop loss:
499
This is a risky trade, but it is very tempting, and the stop is very close to my buy in, therefore I am perfectly fine with entering. Should have a breakup or breakdown in the next 30 hours.
If you want to trade the breakout, wait for TRX to cross the white trendline, then form a bull flag at the very least. We have had 2 false breakouts so far.
Thanks for viewing! Please leave any suggestions/criticisms in the box below.
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.
Tron (TRX) Bulllish Bat (0.886 or 786)I've noticed that TRX may be forming a Bullish B-886 pattern. This probably cannot be relied on, but if it does go through and can hold the 524 levels, it is a good time to buy in.
If it does hold the 600 sat level, it could be an imperfect Bullish G-786 pattern. Either way, TRX is looking very promising in the short-medium term.
Therefore, if it can hold 600, buy in there with a sell target of 844.
If it drops below 600 but holds 524, buy in there and set a sell target of 823.
Therefore, have a stop loss at 600 and 520, respectively.
And according to one of the top tradingview Bitcoin analysts, we will be above 6000 probably for a while, so this trade may be safe to take if you believe bitcoin can hold or exceed its current levels. Tron is also going to announce a "secret project" in around 26 days, so perhaps that may influence the price.
Thanks for viewing and please leave any criticisms in the comments below.
Tron (TRX) At support & "Secret Project Launch" next month.Currently TRX/BTC is hovering at the strong support of around 630 sats. However, as Bitcoin has been suffering this month, and the market has been exceedingly weak, we have reason to believe that unless the market has a short term correction, we will be breaking the support and continuing the downtrend. This will be obvious if we do not get a bounce soon, and the smaller the bounce, the more bearish the coin will get.
Therefore, if you do hold TRX, set a stop loss for 600 and prepare to buy back in near the 500 satoshi mark. However, if TRX can hold 600, it is not a bad move to enter a small position as we have positive news about TRX being accepted by Pornhub, as well as the acquisition of BitTorrent.
On a side note, we see a bullish divergence on the 1 day chart, so this may be the bottom if Bitcoin can hold above 6000 dollars. And currently according to a certain web article, Justin has revealed he will be revealing a "secret project" on July 30th. I believe this will be on July 29th for people living in North America, and if Verge has shown us anything, I believe that purchasing a small position to see how the news plays out is not a bad idea.
If you do hold TRX, set a stop loss: 600 satoshi level to protect yourself if it breaks support. I reccommend selling everything somewhere below 740, and buying back in if we have a bullish breakout past the 750 mark.
If TRX cannot hold the 600 satoshi level, the next level of suppot would be at the 500-510 satoshi level.
Thanks for viewing! Please leave any questions in the comments below. It helps me learn and improve my charting.
TRON: JUSTIN SON BUYS OUT BITTORRENT??? - PROFIT = 21.67% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 21.67% PROFIT!!!
The increase in price may also be explained by positive developments including:
14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developers.
21 April: TRON airdrops 30M TRX Ethereum holders.
24 April: TRON starts trading on Bittrex.
8 May: TRON Mainnet Odyssey-v.1.0.6 is released.
9 May: TRON announces that they have more than 1.08 million users.
10 May: TRON announces that their 30 Million TRX Token Airdrop is Complete.
12 May: TRON announces that will be launch TronVM v.0.1 on the 25th May. This version will be fully compatible with the Ethereum VM allowing Ethereum developers to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON.
(NEW) May 14: TRX ranked first in code submissions in the last seven days, last 30 days, last 60 days
(NEW) May 18: Tronscan V2 explorer is released that offers a brand new design, the possibility to search on our blockchain & get a snapshot of its development, vote & follow the activity of the Super Representative candidates.
(NEW) May 31: TRON announces launch of Mainnet.
(NEW) June 1: TRON announces USD$10 million bug bounty program.
(NEW) June 2: CTO Lucien Chen: “By adopting an enhanced DPoS consensus mechanism - TPoS - TRON TPS (transactions per second) is several hundred times of that of Ethereum.
(NEW) June 3: IndoDax lists TRON (TRX) and allows trading via $TRX/$Rp pairs. This follows TRON's expansion into Indonesia.
(NEW) June 7: TRON announces Partnership with Shift Markets. Shift has been helping with the launch of over 100 FX brokers and over 50 crypto exchanges in the past decade. With this partnership, TRX will be bridging the gap between traditional fiat currencies and cryptocurrencies. This will also increase its liquidity not only the crypto-markets, but also the traditional Forex markets that deal with global currencies. TRON will now be offered by a total of 9 brokers in 9 different countries.
(NEW) June 11: Binance adds TRX/USDT trading pair and announces support for TRON mainnet swap.
(NEW) June 12: Ledger (makers of the Ledger Nano S cryptocurrency wallet) announce intention to support TRX on their wallets.
(NEW) June 12: Trade Satoshi lists TRON.
(NEW) June 14: TRON notes that 25 cryptocurrency exchanges will be supporting the TRON Migration of June 24.
(NEW) June 14: TronWallet an open source crypto wallet gets released.
(NEW) June 18: Justin Sun acquires BitTorrent for $140 million. It is assumed that TRON, the digital cryptocurrency will be used to power the file-sharing app rewarding users for partaking in various activities similar to how Upfiring aims to utilise the blockchain for P2P file sharing. Neither of the companies have official announced what is planned. It is noted that TRON has potentially access to 170 million users.
The general uptrend in the crypto markets as well as the positive developments outline above - in particular the purchase of Bittorrent and the potential addition of 170 million users to the TRON blockchain.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***