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Trxbtcanalysis

TRX's Five Wave Elliott Formation Goes To 320 SatoshisI believe TRX began a trend reversal on September 9, 2019, the date on which the weekly RSI reached the lowest value ever recorded. The price has possibly began the third of a five wave Elliott formation, which is expected to take the price all the way to the previous breakdown level at 320 satoshis. The possible creation of an ascending triangle (dashed lines), which is a bullish pattern solidifies my belief for a breakout. The daily chart also shows a bullish cross between the 50- and 200-day MAs (golden cross) and the price finding support above the latter MA. As long as the price is staying above this MA and the ascending support line, its directional bias is bullish. (If you like my idea and want me to continue publishing, pressing the like button would be extremely helpful)
Long
by BitcoinMaximus1
TRX/USD Bull trap on important Resistance levelHello traders, Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level, witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading. We belive the price has a chance to test the next important Support level. We Only buy this asset above the resistance after a bullish acumulation, or at the important Support level. Please support this publication with your like. You are welcome to follow us on the Tradingview. Best regard Sandro and Gustavo.
Short
by MarketMinds
1
One Simple Reason To NOT BUY Tron Yet...Sometimes trading/investing is difficult, other times it's as simple as one thing on a chart. With Tron right now, it's clearly still in it's downtrend so if you're looking for a safe buy time, keep an eye on this! This is also nearly identical to my Ripple chart currently as well. Remember, "The trend is your friend!" Make sure to follow me for more Crypto and Forex charts! Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together! After all, we're all here to learn and make money right?
by Jabest
8
TRX (Tron) King Of Pumps...!!TRXBTC Weekly Chart Introduction TRON is dedicated to building the infrastructure for a truly decentralized Internet. The TRON Protocol, one of the largest blockchain-based operating systems in the world which offers scalability, high-availability, and high-throughput computing (HTC) support that serves as the foundation for all decentralized applications in the TRON ecosystem. It also provides better compatibility for Ethereum smart contracts through an innovative, pluggable smart contract platform. Trx Has Always Bounced Back From Trendline ... And This Time I'm Expecting Same.. Buying Above Trendline (400 Sats) Is Good.. Sell Targets 740-760 Sats Next Wave Will be Bigger So Longterm Hodl Will Be Better.. Hit Like On Idea For Motivation.. Thanks
Long
by Faibik