Trxbreakout
Tron to 10000 Satoshis 5x all time high history repeating itselfOn a macro scale we are starting wave 3 of 5. With the original 5 wave move to take us to 2000 sats wave 3 4 and 5 were almost simultaneous.
Another option is Wave 3 is like Xrp's....... Still a 700 percent move from the 2 bottom but I want to see my plan come into fruition.
Ask yourself does History repeat itself.
What is another possibility Tron doesnt hit its 1 to 1 extention on wave 3 which its never done. Tron doesnt hit .382 on wave 4 which its never done after a deep retrace for wave 2. Tron doesnt hit 3.168 of wave 1 which its never done.
Quick glance Tron Ethereum pair. Very clear Tron is simply going to blow the fuck up. Wave 3 on a larger scale was ripple end of 2017. Now ripple starting wave 5 on a shorter wave 3 than 1 meaning theortically wave 5 shouldnt be longer. However it is b a very small amount and Ill be interested to see If Ripple hits a 5th wave extention or fits into being the smallest impulse wave. Tron we just dont know yet and its exciting.
Why is Tron taking longer? WXYXZ correction subwave 2 of 3Ive been all over Tron from inception. Watched literally every move. Trx has an Ugly characteristic that keeps rearing its head. If you dont know how to play WXYXZ corrections or are new these can burn you or test your patience. XRP Ripple tends to do the same thing and we all know who was number 1 last year. PATIENCE is tested here in Tron however I believe the rewards long term could be staggering.
Subwave 3 of the 5 wave move up is going to be in turquoises and the White line represents the 5 wave move up.
Keep in mind this is Subwave 3 of the bigger 3rd wave. Could go all the way up to 4.236. which would take us to 2000 sats. Come down for the Handle of the cup wave 4 explode up for wave 5 to breach all time highs. This is my dream scenario and is a low probability. However Huge move impending.
#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.
Alternate count where this is ABC correctionIf this is ABC correction and not a 1-2 move it doesnt really matter to me because algorithmically we are not going to breach prior low formed from A wave. The 618 to .5 level held for days because many Like myself thought it was an impulse wave rather than a B wave. If it goes lower than buy more to average down. Next move up 100 percent bare minimum
Trx MovementThe cup can be clearly seen and we have ran into a sideways roll for some time now. Keep an eye on this one. I could see a further sideways roll however keep an eye on a change in the DEMA contrast. this could easily push back up if the whales allow it. I could see a near term return to 600's. also keep an eye on the news about TRONs mainnet release. we could verywell see jumps like with Verge and its recent news cycle.
Will Tron TRX Hit The 0.5 On The Fib Line?If I draw a Fib Retracement chart from the swing long to the swing high from our last major bull run, we see that the 0.5 Fib level is coming up.
I believe we will test this line in the near future, if we break this line then you will see Tron go on a bull run.
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.
Complex correction Is this a 1-2 move or a 1-2-3-4 move? With timeline we moved extremely quick and to see anytype of movement non parabolic you need to look at the 10 minute which I dont like to do. In these scenarios I play the trend lines. If we break Ill post both possible scenarios either wave 3 move or wave 5. If memory serves me correct 713 would be a 5th wave target. So i suppose 713 target stop loss at 730. If its wave 3 we are going to 1000 sats
TRX/ETH Room to Run.Looking at TRX growth over the last few days we see that there was a substantial increase in overall volumes being traded on the chart. Looks a bit sketchy and artificial. Looking for TRX to continue to show movement to the upside on 14 day moving average. Seems to want to continue its uptrend as of current.
This may not be the best time to enter a trade long. I'd hold off to see if its going to find support in it second trend line before making a move up for a top squeeze. We'll have to wait an see.
TRXBTC Bittrex 4H up to 02APR18 Trading Analysis (TA)TRXBTC Bittrex 4H up to 02APR18
4H Chart, also works in 1H, at this time the TRON (TRX) once tested RESISTANCE ZONES 4 & 2, is keeping the UP TRENDING LINE (In green) and the RESISTANCE ZONE 1 became into SUPPORT ZONE 3, plus the SUPPORT ZONE 4 became into RESISTANCE ZONE 2, if this pattern keeps positive, taking in account the ascending RSI and the aboout to cross MACD, the SUPPORT ZONE 3 should be the beginning of a new ascending movement to test and break RESISTANCE ZONE 2, if the wind does not blow enough our ship could go back to SUPPORT ZONE 2 for refueling. At this time the Market Cap in hovering over 260 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el TRON (TRX) una vez probado RESISTANCE ZONES 4 & 2, esta manteniendo la LÍNEA DE TENDENCIA ASCENDENTE (En verde) y la RESISTANCE ZONE 1 se convirtió en SUPPORT ZONE 3, ademas la SUPPORT ZONE 4 se convirtió en RESISTANCE ZONE 2, si este patrón se mantiene positivo, teniendo en cuenta el RSI ascendente y el MACD con intenciones de cruzarse, la SUPPORT ZONE 3 debería ser el comienzo de un nuevo movimiento ascendente para probar y romper RESISTANCE ZONE 2, si el viento no sopla lo suficiente, nuestro barco podría necesitar regresar a la SUPPORT ZONE 2 para reabastecimiento. En este momento, Market Cap se mantiene por encima de los 260 Billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
TRON - 618 FIB level hit Hi guys
So we have hit the 618 FIB level for TRON... we need a breakout now over the blue line otherwise we will see further correction down to the 786 level
However with the price of Bitcoin set to hit 6k... I think fruther correction is coming for TRON
As always.. do your own research!
Tron next moves as expected after previous awesome TATron is increasing as we saw it broke it's bearish trend line and here's we gonna get a soon.
1 confirmation when the pink line will pass through blue.
2nd another confirmation will be when the orange line will cross the light blue line.
3rd another confirmation can be when it will enter in ichimoku's cloud and will cross it then we can see a clear breakout of TRON .
Almost everything is confirmed and still bullish . RSI , MACD , CCI confirming everything no need to say anything over that.
Targets:
1st Target : 750sats
2nd Target : 1123sats
3rd Target : 1500sats
No Stop Losses
I will keep you updates on TRON .
Even major impact will be on 31st March on test net release we will be seeing it to go on 2000 satoshi's
Remember i am not your financial advisor so be careful with your own stuff only put that money which you can afford to lose. and there are no stop loss cause buy and HODL
Maybe we can see an Elliot wave on same levels or on bigger levels nearby. And if you also wants to see Tron to go to 2000 satoshi's then hit like or agree and hold till the moon. Like = Preys for Tron now.
And wait till 31st march of TestNet Launch.
TRON is following exactly as we expected and told in previous TA. Follow for more awesome TA's
TRX Ascending to the MoonGreat Trade forming in TRON - textbook ascending triangle. We could see a bounce off the rising support which could give a great buy zone or trade the break.
I expect we'll see some significant growth as long as Tron and Justin Sun are flexin their TestNet Launch. I haven't looked to deeply into the fundamentals behind it so I can't say if it's hype or value, but its hard to ignore all the hate over Twitter. If anyone has some knowledge about it, I would love to hear:)