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Trxbreakout

TRON decision time - 6 Possible Elliot Wave Counts & 5 ScenariosWe are approaching a time where TRX has to decide what it would do. BTC may decide it for us 'thou if it continues to fall. So keep an eye on it too. 6 Possible counts with 5 scenarios , starting from best-case to worst-case: ( Also MACD seems to want to cross, and RSI is staying in >50 area. All the counts are based on different Fib levels, depending on the Initial start. 1) GREEN + Purple It will start 5th Major EW now and go in 600-700 satoshi area. The Purple correction count is confirmed. Scenario happens: IF it stays above 495-500. (you can really stretch it to 485 if you're *that* hopeful) AND IF it breaks out of MA(25). That means >520 satoshi. Let's say 530 to be safe. 2) Pinkish(?) White. We are approaching another 5th Wave of correction and White-ish count is confirmed. TRX 2.51% might still breakout from this one. 3) Second GREEN. After Pinkish correction, 5th Wave of MAJOR EW starts. 4) RED - EW possibly failed We are still in a correction and it's heading to 420 (haha). Confirmed if it starts GrWave2 and does NOT pass 490 resistance. (maybe even 500, to round it up nicely) 5) Yellow The same as RED, but basically...slower And as a side note... I believe TRX on very long term (months/years) is NOT a 'HODL'. 'CEO' acts like a con artist too much. But we can make a decent profit of it right now.
Long
by reynar
Updated TRX Elliot Wave.If it follows an ABC correction, we might see it breakout now. If it follows an ABCDE correction, we will see it breakout a bit lower. I think the lowest point it will reach wi;ll be around 500 +/- 20 satoshi (area in yellow circle). Boll Bands seems to be closing up. MACD *might* have reached its downwards peak. (no confirmation yet). And buyers seem to be coming in, based on that last volume impulse. Somewhere in the yellow circle, the next wave might start. Worst case: starting at 450 satoshi based on Fib Retracement. Keep an eye on MA, MACD, RSI and Boll. Safe target: 630 satoshi Medium Risk: 650-670 satoshi Greedy target: >690 satoshi If you're gonna go for the greedy target, move S/L up with every new impulse.
Long
by reynar
2
TRX having a nice week, possible large wave 3 for Test Net?TRX did what was expected after the LONG consolidation, and experienced a decent breakout right near the apex of the triangle. Since that time, we've seen a fairly normal looking five point elliot wave pattern forming. If waves 1-3 are correct, we could see a very mild 4th wave, followed by another uptrend for wave 5. I also think there's a possibility that on a larger scale, the current 1-3 waves listed have a chance of actually just being a larger wave 1. This would correlate well with starting wave 3 just as Test Net is launched on the 31st, which could see some price action upward. It's hard to say at this point, and my general feeling is that Test Net won't have much of an impact, but reaching the 897 mark after a larger wave 3 shouldn't be out of the picture. Let's see what happens in the near future!
by Pburke2323
3
LONG Tron next moves 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. 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.
Long
by BitcoinBillionairesNews
3
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!!!
Short
by olddb
TRXBTC Bittrex 4H up to 22MAR18 Trading Analysis (TA)TRXBTC Bittrex 4H up to 22MAR18 4H Chart, also works in 1H, at this time the TRON (TRX) is on its way to test the SUPPORT ZONE 2 to then move up to retest the RESISTANCE ZONE 2, keep in mind that these movements most of the time reflect the BTC movements. The RSI and MACD even though are pointing down at the time of this TA, they can reverse in any time if the Volume grows and then start a new up trend. Good Luck! 4H Chart, también funciona en 1H, en este momento el TRON (TRX) está en camino de probar la ZONA DE APOYO 2 para luego subir para volver a probar la ZONA DE RESISTENCIA 2, tenga en cuenta que estos movimientos la mayoría del tiempo reflejan los movimientos del BTC. El RSI y el MACD, aunque apuntan hacia abajo en el momento de este TA, pueden revertir en cualquier momento si el Volumen crece y comenzar una nueva tendencia ascendente. 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" I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Short
by rodulfox
TRXBTC - big falling wedge.. maybe its a time? TRX is favorite of many of the people and i was asked to do a TA.. not much to say about TRX but as you all know BTC is being dump by whales and are killing alts. briefly looking at chart, it looks like a big falling wedge.. but only trade if you see a large volume + Breakout. Chart is pretty self explanatory and marked with Fibonacci levels for profit taking.. i think, at this point its just a waiting game and then BOOM!! Please hit "LIKE" to support, Thanks!
by VinnyTheTrader1
TRX counterOkay yesterday is a bit of a bummer. the market decided to counter the turns we were seeing in quite a few coins. Some are chalking this up to WHALES trying to drive down btc to maximize their profits others "THE BUBBLE HAS HIT ahhhhhhhh"........ Call me an optimist but I don't see that as the case unless we are approaching a large scale financial failure across the US. If you glance at the US indexes they are all down and have been since the first of the year. Why do I mention this.. well money is money regardless if its crypto stocks or bonds people will panic and prices will flux. For you this could be an opportunity to maximize gains. yes we are sitting down at 385 on TRX (at the time of writing), however if you follow the lines and consider the large spike drop an anomaly/panic sell yesterday we can see a stabilization is occurring. If we chart the previous top side we can also see several contact points on the newly charted line Sell order prices have stabilized as well and are not being pressed down. I think we could see a possible up turn in the near future. CCI shows strength as well. I think we could easily see a return above 400. I'd like to see it press to at least 405 but the market is a little shaky If it can then that is a 5% profit. keep your eyes on the resistance line and follow your indicators over the next few hours and lets see what happens.
Short
by olddb
TRX - The sleeping giant, waiting to be awaken by BTC.We have a clear symetrical triangle, that previously looked like a head and shoulders pattern. As this depletes the sellers back closer the support line, we can see a break out may be imminent. While the degree of breakout is unclear due to BTC being the driving force in the market right now, there is a slight possibility in this being a decently sized 1-5 EW pattern. If we have seen the first two waves, as marked, we could be in for some fireworks for an upcoming wave 3. This is all speculative at this point, but has a possibility of occuring if BTC can stabilize for a bit. The volume has dropped a bit, but is still enough to produce such a pattern, if conditions are favorable. Will post an update tomorrow night, as we see what unfolds.
by Pburke2323
5
TRX - Breakout possible, if conditions are favorable.If you check my previous post, the pattern is holding true. This is a slightly downward facing triangle, that currently is squeezing out the last of the sellers before another breakout point. I think this coming breakout point will be more significant, as BTC is stabilizing above 11.5k. Watch the 4 hour charts to see this squeeze a little further until the apex point. The breakout is very likely as it hits the apex, but how the breakout looks will remain to be seen. So far, we've seen a breakout, and then an even smaller right triangle each time, but one of these could give to a new ATH if the volume if 1) the volume is significant enough, and 2) BTC has stabilized. BTC is the driver right now, and if it remains in it's current up-trend, we can expect the alts to continue to suffer until people decide to pull from BTC and invest in the alts. Either way, things still look good for TRX, and we'll just have to wait a bit longer for a meaningful breakout.
by Pburke2323
Screw clickbait.I simply think it s time to buy TRXHey guys,here's another analysis,this time on the popular coin ''Tronix". I'll let the graph talk for itself this time,as i don't really have much time to develop my ideas. Keep in mind that i don't encourage or remotly care about the FOMO going on with this coin at the moment,but i DO believe that the amount of coins that are going to get burned until the end of this month will have a HUGE impact on the price. If there's anything you think i got wrong with my TA,or if you simply want to say your opinion about this,please leave a comment. If it drops under the yellow support,i think the safest thing to do would be to wait and see,as the price might do a complete fibonacci retracement(which i highly doubt btw) Best of luck P.S.: I hope you got a nice profit from yesterday's calls on OMG and ETC.Still waiting to see how NEBL develops though ;)
Long
by The_Sparrow