Trxbtcbinance
TRX/BTC Movement OpinionsThe fall of Bitcoin price approximately killed the TRX trendline. According to the earlier expectation about a rise of TRX , the TRX coins that were initially taken from 750-800 were reciprocally sold at the price 1000. I still think TRX value is going to reach a support line at the value range of 800-820 and the price of BTC will rise due to those circumstances. I want to emphasize that the ones that make decisions in this market are the "whales". Become aggressive and do not panic and do not hodl. In the conditions BTC is found for the moment, hodl is a suicide. In the cases of uncertainty, hodl is similar to gamble and usually creates uncomfortable situations.
LONG TRX "The Small Giant"Okay I am here to give some analysis about The Small Giant
what? yeah The Small Giant is TRX -0.54% the one that have highest volume in binance
After BTC 0.16% Broke to the 81xx we know trx -0.54% have some corrections
but see after the corrections it's make a pattern see it below
1.
Do you know whats the pattern name?
Yeah right bullish bat after some corrections below 0.382 fib fan line we are get this pattern also look the abcd pattern is inside at the bullish bat
and Yesterday Trx -0.54% try to complete the target of Bullish bat but The Small Giant is fail because of btc 0.16%
see it below
2.
We fail to cross the 0.618 fib retracement and close candle above the ema 200 (orange) so we have small corection again
3. And Stoch was undersold need some prove ?
see it here
4. Also RSI too the green one say it was oversold
see it here
So what you have waiting for?
just buy under 0.618 fibo retracement
Im sorry my trx before is private so i make this
Target mid term 1000-1200-1300-1500
Comment and follow my channel is what i hope from you all
Thanks for your visit
Syaerulid
#TRX soon ready to go now, lets see if we can hit 1300 :) Hello again my friends. First, I would like to thank you for a warm welcome to community :) 28 follows onthe first week is far beyond what I expected, but remember that I'm still new to the field and have only been in trading for 4 months. So you always have to take my charts with a pinch of salt, but I try to keep myself as simple as possible and I do not like to trade at great risk, and I mean with that not 1 - 30 min chart. I'm more or less a swing trader.
TRX is actually the chart I've worked the most with as since I was entrying the market in mid December. Something that was a tough journey, first a giant upturn then an even bigger downturn. I decided along the way to learn and understand what I had to do to make money in a market that went downhill. That's why I've spent 4 months studying charts and reading me up on patterns and various indicators to try to practice this.
What I want to achieve with my charts is that people are not going to fomo into things, I like to trade at minimal risk, I think there are too many in here who are traing at big risk but it's up to each other and judging how teir style is.
But back to the chart and congratulations to you who sold on top and have followed the last chart of #TRX I came along with.
This is what I see on the 1 day chart now:
1: Macd, finished with its rounding, and it now shows me that people are getting ready to bay more trx soon, we all know what's up and we now feel that this is a good buy point. We are about equal by buyers and sellers after a long period of time with more sellers than buyers.
2. RSI: My heart root, <3 So, as you see, rsi now shows clear signs of rounding and starting to flatten out. This is as expected when we should reverse the trend again around 56 \ 60 on the rsi bar which indicates that we still bullish. I therefore expect that we will get a few more days of volume again soon.
3: We seem to find support at 38:20 fib, in my channel fiber, it's as expected after we have finished a smaller pullback after after wave 2 to judge, I now expect that wave 4 \ 5 will start from this level.>
Trade safe, stay safe. :)
TRON Respecting EMA20 Quite nicely TRXBTCWith lots news of TRON news about their Airdopping EC20 protocol and going head-on against Ethereum by launching their own blockchain and potential DApps, well what are WE waiting for?
So far, there as been strong support from the EMA20.
Adding fib for targets we see near targets at levels at 1011K (Entry), potential exits at 1317K (61.8% Fibonacci level) 1623K (50% Fibonacci level) Satoshis
or HODL.
Important TRON dates are just round the corner so it may be more exciting from here on
ethereumworldnews.com
t @bizlus
TRXBTC - 1 little 2, little 3, little CupNHandlesWho's in for some TRX coffee ?
After completion of the first CupNHandle (blue) it is highly likely to form 1 or even 2 additional CupNHandles.
For the 2nd CupNHandle(green) to form the handle, the price needs to dip around 65 area before heading back north.
For the 3rd CupNHandle(red) to form the handle, the price needs to dip around 75 area before heading back north.
With the much anticipated announcement in May, all of these I believe would end up around 1180 area(or even higher) which aligns perfectly with 50% FIBO from the ATH.
I wish I entered earlier but I still think there is a decent profit to be made here so I've already place my buy orders.
Let's see how this plays out.
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.
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.