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TRX TRON Possible Rise - 3rd Wave Formation For a ZOOMED OUT view - see related ideas. If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement. An ABCDE correction might still form, making it go back 480 sats. If that happens, we have more waiting to do, unfortunately. We have two short term resistances to pass right now before going up. Resistances (short term): 530 and 560 sats. Support: 480 and 430 sats. StochRSI on 1DAY candles is looking like it's about to go upwards. MACD on 6h candles crossed. Waiting on 12h and 1day to cross. Targets based on Fib Retracement: Target 1: 680 sats Target 2: 900 (possibly 1000, cause numbers and what-not) Target 3: 1200 sats
Long
by reynar
Tron to 10000 Satoshis 5x all time high history repeating itselfOn a macro scale we are starting wave 3 of 5. With the original 5 wave move to take us to 2000 sats wave 3 4 and 5 were almost simultaneous. Another option is Wave 3 is like Xrp's....... Still a 700 percent move from the 2 bottom but I want to see my plan come into fruition. Ask yourself does History repeat itself. What is another possibility Tron doesnt hit its 1 to 1 extention on wave 3 which its never done. Tron doesnt hit .382 on wave 4 which its never done after a deep retrace for wave 2. Tron doesnt hit 3.168 of wave 1 which its never done.
Long
by savenido
28
Why is Tron taking longer? WXYXZ correction subwave 2 of 3Ive been all over Tron from inception. Watched literally every move. Trx has an Ugly characteristic that keeps rearing its head. If you dont know how to play WXYXZ corrections or are new these can burn you or test your patience. XRP Ripple tends to do the same thing and we all know who was number 1 last year. PATIENCE is tested here in Tron however I believe the rewards long term could be staggering. Subwave 3 of the 5 wave move up is going to be in turquoises and the White line represents the 5 wave move up. Keep in mind this is Subwave 3 of the bigger 3rd wave. Could go all the way up to 4.236. which would take us to 2000 sats. Come down for the Handle of the cup wave 4 explode up for wave 5 to breach all time highs. This is my dream scenario and is a low probability. However Huge move impending.
Long
by savenido
2
TRON TRX Possible Scenario - Bull Flag Formation TRX jumped out of nowhere earlier today. (I've been told in the comments it got pumped because of a listing) Spectacular and all that. But a jump this big, this fast always has a consequence : running out of steam very fast. MACD 2H looks as surprised as we are, right now. :/ So, I'd say TRON is looking for some Snickers right now, to be ready to make the next Elliot Wave. Last time the 3rd Motive Wave happened was when 2H MACD crossed upwards. I expect a phase cycle of MACD 2H candles to be completed on the downard phase, before we can see another pump. With that in mind, I believe TRX will form a Bull-Flag Triangle or a Bull Pennant until that happens and the exit from that would be our queue for the next wave. I also believe this will take some time to happen - no rush. I also reckon a good buying area for the next Motive Wave to be between 530 and 580 satoshi. Dream Scenario would be a retracement to 500 sats, but I don't think that is likely, since MA(100) forms a strong support at 530 sats. With that in mind: lower than 500 sats and staying there = trouble.
Long
by reynar
10
TRXBTC : expecting bull run I have been asked to do a TRON Technical Analysis. IMO its the right time to accumulate some TRX might go down as low as 400 SATS. The lines green and yellow lines are TREND LINE support and resistance plus i combined FIBONACCI levels for the people who prefer fib levels for Support and Resistance. 1. RSI is at 38 and moving up. 2. Ichimoku Cloud is bullish 3. Volume picking up 4. Big news coming soon 5. expecting 10-15% in coming few days 6. TK crossover bullish Please hit "LIKE" to support! Thanks Basics of ICHIMOKU Trading system : There are five calculations used to generate the Ichimoku Cloud: Tenkan-sen = (9-day high + 9-day low) / 2 Kijun-sen = (26-day high + 26-day low) / 2 Senkou Span A = (Tenkan-sen + Kijun-sen) / 2 Senkou Span B = (52-day high + 52-day low) / 2 Chikou Span = Close plotted 26-days in the past. Read more: Ichimoku Cloud www.investopedia.com
by VinnyTheTrader1
4
TRON Trading Opportunity, Increase your position before launchSignals: TRX/BTC showing signs of strength, high volume on top 5 exchanges. RSI nearing 70 Stoch RSI tapering off What you should do Risky: Sell under the 0.786 retrace, or at 452 satoshis, and buy back in at support of around 390 satoshis Safe: Sell at resistance of 403, at 0.5 retrace, buy back in at support of 390 satoshis. Alernative: Ride the wave and sell during or after test-net pump at 514 sat target. Reasoning: This gamble can likely increase your TRX position by around 10% while you wait for the test-net pump Please criticize me so I can improve my technical analysis. Thank you
Long
by HD1184K
3
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
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