Trxbtcanalysis
TRXBTC - next move? - price?hey friends, we are observing TRXBTC from last 2 days and it's was rising from few days due to some fundamental news.we analyse the chart but didn't something interesting but got bearish divergence and market may move down from here and as per support and resistance we have drawn line and arrow indicated the movement.
Note : Seem market may in risky side so trade wisely.
TRX/BTC Upward Break PotentialHere for a quick look at the TRX/BTC pair on Binance.
BINANCE:TRXBTC Potential for an upward break, 4H RSI rising wedge along with a nice looking bull pennant.
A break of the pennant is setting my target in the 580 Sat region.
Entry: on breakout
Stop-Loss: below support of pennant
Target: 580 Sats
To put this in a little perspectiveI cloned the 1st 5 wave move and moved it over..... look how far we are in comparison almost doubling and we still have an extended 5th to go. 3rd wave of 1st wave hit exact 1 for 1 and struggling to break 440. The shock is where is this 3rd wave going to end if this is the 1st uncomplete lol..... HOLY SHIT
Tron (TRX) Tron looks like very obvious accumulation.Everything is on the chart. It cannot be more clear. I even suspect there some sort of painting going on where they intentionally make the chart look like this because it is so close to Wyckoff Accumulation Schematic #2.
Do you not get chills when looking at this?
Tron is one of those coins that has a very bad reputation, because of the pump and dump movement that made it similar to Verge. However, if I wanted to bet on an altcoin surviving the bear market other than Bitcoin, I would bet on Tron. You may insult Tron because of its "shit coin" reputation, but what other coin sold coins for 2 billion during the peak like Tron did? They have cash, and they are going to survive, unlike some other obvious targets I could name.
There may be bias here, but this looks like a better buy than some of the other coins out there with very dead looking charts.
Lots of people already left crypto, but now is the time to be buying some to hold for the long term. I expect most of my holdings to go to zero, but a few may run pretty nicely. I think Tron has one of the most bullish charts despite the bull market. I don't know if Tron will be here after 3 years, but I am betting it on having another cycle.
This is just a longer term buy. I don't think you should buy at these levels since you could get in cheaper.
My Mid 2019 Prediction for TRX TRONIve been a long term Investor in Tron really since I did research on the company. Road the 1st major spike to 30 cents...…. Where are we now..... Full complete perfect ABC Correction. I believe we are already impulsive and we will explode with BTC. I will be BUYING as much as I can over next couple months.... All the way up really. Will update once we break. We have hit 395 to 400 range 13 to 15 times failing and breaking off... Over past month or 2 we have hit the line 3 times. We are over it right now and over most timeframes looking good. Im more of a longterm holder now and will scalp once we hit on this.