Trxbreakout
Making perfect sense.... I put these out because Ive watched Tron since inception and called the night before they 10x!!! Have been obsessed with the chart!! I had to figure out this last 3 wave..... Ive cloned the 1 for 1 but never saw enough action to make sense.... when i counted its the exact 1 for 1 length and the 1-2 was super short 2.618 3rd and extended 5th. Other possibility is we move up for 1 more wave but I am not 100 percent sure and will allow the market to tell me..... What do we already know wave 3 bare minimum hit 1 to 1 extention of wave 1..... which means wave 5 will be extended and there is very little retrace room. Wave 4 shouldn't breach gold line on my chart which is end of 5th wave on wave 1. We bounced off the 236 already and seem to have to bounce off the 382.... if that is the case we will explode off the 382 into an extended 5th wave!!!!! GET EXCITED. Also from inception waves 3 4 and 5 are very close together in time. On a larger scale we are in wave 3 already and need to hit 1750 to 2300 to go 1 for 1. We could possibly have 1 more wave up to give us a little room for the 4th wave. I love these tight plays because they are for 1 FASTER. 2 Predictable
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 :)
TRX/USD BULLISH patternTRX seems to be killing it in the last 10 days! After blasting by one the hardest resistance we have seen in TRX the 0.055$ (grey line), TRX has been following a grown pattern between the white lines, but has recently pass upwards this pattern and is heading to a resistance line at 0.068! this might be the test to see if TRX is going to moon or not, if we break this point ( horizontal blue line), TRX is going to moon! Don't think it is ready to reach anywhere near its ATH because it needs more volume, but it's possible we can see a 0.10$ Tron by the end of the month. However, if it fails to pass the 0.068 resistance, it will now find support at 0.055$. I'm extremely bullish on TRX at the moment.
TRX has many resistance to cross. Up to 100% Gains are possible.It has several times tried to cross over the resistance line Fib 0.216 an the other specific zones.
I think in the next couple days there will be a cash flow from USDT to BTC and to the Alts.
If the required volume is achieved, TRX will be crossing over the lines step by step.
Best regards and wish all nice green Candles.
As we say always; Patience is the key.
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/BTC (Binance)------100% ROI Daily TradeTRX/BTC on (Binance)----> 100% R.O.I. Potential
Daily Chart. Short-Term Trade Idea. Long Play on TRX
TRX/Tron has been hybernating since it last went to the Moon and it recently just broke out with volume confirmation. Test Net Launch is t-7days away and the anticipation + marketing by the founder is known to be a huge impact. Here's the play:
Entry:
Wait for a pull back on the daily-chart based on a FIB ratio (23.6%, 38.2%, 50%, 61.8%) or if none---> zoom into an intra-day chart (5m or 15m) and wait for one there. TRX can blast off any second so play close attention. Only enter if you see volume confirmation.
Exit:
First Target: 0.00010 range
Second Target: 0.00012 range
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.***
Tron (TRX) Mainnet Launch Trading PlanSignals:
-Tron managing to hold 480-500 satoshi level, seems to be very strong support level.
-RSI holding above 40, indicating price strength.
-Tron seemingly being kept up by whales, evident by huge buy orders near 500 sat range as well as pumps keeping TRX at support levels.
How to trade:
-Buy in 480-530 sat level (Likely will not drop past 480, which seems to be major support)
Sell points:
- 600 satoshi level
- 677-700 satoshi level
- 774-800 satoshi level
- 835 satoshi level
- 900 satoshi level (unlikely)
When to sell:
Sell after the TRX founder has launched the first official mainnet announcement (likely on May 21st) , with the intent of buying back in after a ~10% correction.
Sell 2-3 days before the official mainnet launch, as there was huge sell pressure 2 days before the testnet launch.
If you want to keep your TRX position, buy back in at least a week after the pump, at the support levels.
*It is important to note that if TRX does break past the red resistance boxes, they will likely become support levels, evident from my test net TA that you may view in my profile.
This TA is very basic as this is an early call. Thank you for reading & please criticize my TA's with ways I can improve so I can bring more value to the community in my future charts.
Xzhi
TRX PossibilityTRX Update:
I think we saw a pretty classic 1-5 Elliot wave pattern, followed by an ABC correction. After that point, we had a HUGE 4 hour buy candle, which looks to have formed a bull flag. This bull flag is looking to have a decision point coming up, whether that be up or down from the apex. If it's up, and volume increases drastically, there could be the possibility that the vertical 4 hour candle could be the start of a new 1-5 EW pattern, which means the apex of the bullflag could represent the 2 wave being put in. If this has a chance of being accurate, that would be mean a large wave 3. The MacD just crossed, so we should be looking at a buy pattern, however volume has been very low with TRX right now. This also is pretty normal during bull flags, as they near the apex, so might be due to just that reason.
We'll see what happens, but exciting times ahead for TRX either way, even if this isn't the time!
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).
Full Elliot count BULL trap Or expanded Regular flat correction Tricky little Asains setting up these monster bull traps Off the 382 retracement line. Do a retrace from my ending 5th wave. 382 tracement into a MONSTER B wave. WHY? bc you can already know C nomatter the length of B. The higher B goes the more Complex the correction. To grasp fully dissect the first 5 wave move up. exact 1 to 1 extended 3rd..... middle 2.168 and 3.168.Bulls saw it dying loaded up on the 382 Fibonacci line. BLASTED IT TO ALL TIME HIGHS. C Landed exactly on the 1.272 retracement of A wave
TRXBTC Bull Trend Will Start According to Tom Demark CountTRXBTC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. Stoch RSI is below middle area and has plenty of room to go upwards.
Here is my trading idea:
Long at: 0.00000525
Take profit1: 0.00000626
Take profit2: 0.00000737
Stop Loss: 0.00000499