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Trxbtcanalysis

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
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
TRX after the lineyesterday TRX pushed below its support line to new lows. The last few times this has occurred there has been an upturn shortly thereafter. if we look at the convergence of theses upport lines and the downward trend we can see a potential upturn in the works in the coming hours. RSI is above 50 and holding during a small consolidation. Keep your eyes peeled for a market shift here. it could push downward to the new support line but with the movements and the RSI levels I suspect that we should see some sort of an upturn even if it is a return to the previous support levels.
Short
by olddb
Tron breakout will take place in a very short time.As you can see from the chart TRX is reaching the end of the pennant and this clearly means that we'll see a breakout, if volume increase. Theoretically speaking it should break the yellow support line at 395 but there is also the opportunity to form an uptrend. If this scenario happen, if there will be a breakout of the resistance line, we'd expect a huge growth in price. If price goes down that yellow support line there will be another support at 333 sats. If it breaks too, another one is at 220. Before entering every trade wait for the breakout.
by fedeman23
TRX FINAL STAGE IN GOING BEAR TO BULL..... NEW BOTTOM OR DOUBLE?TRX EVERYTHING IS CLEARLY LISTED.... WE BROKE UNDER MAJOR SUPPORT THE 38 FIBONACCI WHICH HAS HELD WELL RELATIVELY.... THE 100 DAY MOVING AVERAGE IS DIRECTLY UNDER THE PRICE ACTION RIGHT NOW AT AROUND 380 COULD BE JUST WHAT WE NEED. HOWEVER BEST TO UNDERSTAND THE OPTIONS. DOTTED GREY LINE IS THE MIDDLE OF THE CHANNEL. WE HAVE HIT BOTTOM TWICE AND TOP TWICE.... WE SHOULD ESSENTIALLY HAVE TO COMPLETE ONE MORE JOURNEY DOWN TO THE BOTTOM CHANNEL. HOWEVER THERE ARE THINGS IN PLAY HERE... BIGGEST NUMBER TO WATCH IS THE 380 LINE IF WE HIT 379 WE DONT HAVE ANY MAJOR SUPPORT IN SIGHT
Short
by savenido
3
TRXBTC's massive descending triangle (4hr tf analysis)Tron (TRX) made a high of 0.00002047 on Jan 5, 2018 and has been in a downtrend since then. A massive descending triangle is drawn on the 4hr tf. Support area for TRX is marked with green lines (between 0.00000261 and 0.00000207) should TRX break to the downside of the descending triangle. A potential breakout above the descending triangle should see TRX possibly return to Target 1 (between 0.0000891 and 0.0000956) or Target 2 ( (between 0.00001247 and 0.00001312). POE= Point of entry which is just above the descending triangle at ~0.0000457 A breakout above 0.0000457 is the trigger for the long position in TRX at which point the stop loss (or POI) is placed just below the bottom of the descending triangle at 0.0000371 POI= Point of invalidation= Price closing below 0.0000371 after the trade has been entered = point of exit from the trade. Using the bottom of Target area 1 or the bottom of Target area 2 should produce a risk/reward ratio of ~5:1 and 9.5:1 respectively.
by Coin_Analyst
8
TRX Consolidation may bring us to ATM $$$TRX is at a level of potential recovery. We can definitely see in the DAY time frame chart the end of the downtrend structure and it may bring us back to profit. We have to be careful !! We could be seeing TRX back to the 275 area cause of its need to square UP at this level and this is probably his best opportunity to do so. The RSI is giving us a great sign of recovery whit a potential short drop to 275. If it doesn't go further down, we could be on our way to hit the ATM on a long term trade. If it goes down, we definitely have a greater opportunity to hit the JACK POT witch could bring us a 300% profit or more ! As for the short term, we could be expecting a fast recovery to its first resistance of 600 (BTW, this would give us an easy and quick 30 to 50% depending on your entry point) Do not enter TRX without having a confirmation of his next move. The RSI is providing us a great idea of where we are going BUT wait for the perfect timing to minimize the risk and MAXIMIZE your PROFIT ! Risk management is the Key to success in Crypto. Follow me on telegram to be updated on this trade. (link is below) Like the chart if you agree and comment to share your opinion !
by CryptoDjet
3
TRON's turn to go up!With BTC, LTC, and ETH's rise in prices, the altcoins have started playing catch up. Ripple (XRP) and Appcoins (APPC) have made good progress in putting in a bottom. Is it Tron's turn? I could see Tron reaching back down to $0.02 earlier but with everything going up and the Chinese new year, I see more potential to the upside. We had some good volume yesterday 24 hours ago on 2/15 6pm EST but came back down pretty quickly. Still in a descending triangle formation getting closer and closer to breaking out. If we go up, I anticipate first targets to be around the 700-750 satoshis. We have confluence using a fib extension from low of 400 sats to previous high of 630 sats. The 1.618 extension lines up within the TP1 box based on S&R levels along with a retracement from ATH to 400 sats .236 level. After hitting this level, I would expect a retest of previous structure of 620-650 sats. This is not required if we have enough volume to take us to TP2 level. TP2 has a nice confluence level as well with the same extension at 2.618 and a retracement from ATH to the .382 level, 900-1000 sats. Let's see how TRON plays out. Comments and feedback appreciated, good luck!
Long
by dcardona1
2
Short-term BULLish TRX/TRON - BTC Hello all! This is my first public analysis of why I am BULLish of TRX these next few days/week. I have been researching/learning/practicing technical analysis for about 3-4 months now, so basically, I don't know shit. Therefore, Any and all critiques and advice are welcome and appreciated! Analysis : Bullish Tri-Star formation : potential sign of a bullish reversal Tri-star formation has the best performance when it is a part of a small downward retracement in a primarily upward price trend. Piercing Line pattern : A Piercing Pattern occurs when a bullish candle on Day 2 closes above the middle of Day 1's bearish candle. Need additional indicators to confirm a bullish trend, such as a break in the downward trendline. Lastly, BULLISH squeeze alert! This is a three-day bullish reversal pattern. It was developed because of the frequent event where prices can break to the upside following this pattern, especially if the pattern is preceded by a strong downside move. lower highs and higher lows consecutively I will update this analysis as I watch TRX these next couple of days. Within the next week: Target 1: ~505 sats Target 2: 600 sats
Short
by Phayde
1
TRX/BTC Wavecount and possible short/long term targest.Here's my take on the whole TRX/BTC train, there's a lot of FOMO/FUD on this one and it's kind of new so these results may vary greatly, but here's a rough idea what might happen in the future. I know a lot of people are waiting for a breakout, but I think it'll either keep stabilizing around $0.6 or drop down to $0.3 which would be healthy. And then skyrocket since this one pumps so hard I can't even tell where it's going to stop. If you think I'm wrong on the chart, let me know I'm still learning and greatly appreciate constructive criticism since we're all here for the same reason and it being massive gains~
Long
by ChovekaZavur
3