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TRXETH

TRX correcting, then back to business after successful Test Net!We saw a pretty classic 1-5 Elliot Wave pattern at the breakout point. Followed by a possible ABC correction. The 4 hour MacD doesn't look ready to yet for a big buy pattern, but the one hour chart is getting close to that point. I don't think we'll see the C wave extend much further, but we could see some sideways action for a bit, as lots of people are selling for profits from the big climb. After the C wave is in, we'll hopefully start another impulse. But let's see what happens in the next day or so. Some important information on Test Net launch if anyone missed it: Test Net launch was a success, and is live. Realistically, this shouldn't impact the price much, as some people expected. Although, it is a great indicator for TRX that they now have an actual product, that was delivered exactly when they said it would be. Building trust from the growing TRX team is huge, and Justin has showed that he takes deadlines very seriously. This has me even more bullish about Tron for the long-term. As the platform expands, and there are actual use cases for it, we should see steady growth.
Long
by Pburke2323
TRX/ETH Room to Run.Looking at TRX growth over the last few days we see that there was a substantial increase in overall volumes being traded on the chart. Looks a bit sketchy and artificial. Looking for TRX to continue to show movement to the upside on 14 day moving average. Seems to want to continue its uptrend as of current. This may not be the best time to enter a trade long. I'd hold off to see if its going to find support in it second trend line before making a move up for a top squeeze. We'll have to wait an see.
T
by HustleEconomics
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 next moves as expected 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. Targets: 1st Target : 750sats 2nd Target : 1123sats 3rd Target : 1500sats No Stop Losses 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. TRON is following exactly as we expected and told in previous TA. Follow for more awesome TA's
Long
by BitcoinBillionairesNews
9
What May Happen With Tron, Safe Long, Fundamentals There's something about TRXETH that makes me very excited about the near future but also skeptical. I'm just going to post various scenarios for the next couple days to weeks before the MainNet Launch. Many people have been looking for a meteoric rise for the weekend but in reality, many traders are looking for a quick flip this coming Saturday. I think that many people are blindly hoping that the price will rise 50-100% this weekend but at the same time are looking to sell their own share. A problem I find with this idea is that if you are thinking that, then many others are probably thinking the same as you and are looking to sell. Another thing that people might not understand is that THIS IS A TEST-NET . It can't be stressed enough that INSTITUTIONAL INVESTORS and the MARKET as a whole has not yet forgotten about December and the fall we all sustained because people called TRXETH Vaporware. Even though I don't believe this, I think it could take until we see May 31 for there to be a MASSIVE rise in price. It would also be in May that I assume the entire market will hopefully start picking up which would be very good for TRXETH as well. Because there may not be a meteoric rise, there could cause a short-term sell-off in TRXETH if market expectations are not reached. Other than that, however, if the market does go up 50% and then subsequently drops 25-30% I would consider that a very good outcome for our long-term view, namely May 31. Secondly, during the month of April and the beginning of May we may run sideways with no clear path, given that the hype will have subsided until people coming really looking at TRXETH for the May 31st SEPARATION (thank god) from ETH and a REAL launch of the crypto-currencies USE . Personally, I can't wait for May 31 because it will be the day I could look at the FUDsters and just give them a big FUCK YOU . But anyways, I think that non-substantial news of failures or bugs but also of successes and practicality issues will be expressed on TRX's BETA code which could lead to some wild ups and downs. Another Worst case scenario would be experts coming out and straight up saying the code is garbage. Another bad thing would be if there is obvious plagiarism in the code with NO CLEAR CITATION . I know how coding works and I know that hackers usually take code from the internet because it's useful to not re-write whats already been written. However, I'm sure that the TRXETH team is very aware of this and their previous mistakes and will do well to cite their work. Side note, I'm not great with charts but for a long time I feel like I'm seeing a big cup and handle forming but I think we may need to see more volume on the upside for that. Anyways, this has been your humble review of a great coin. Comment for a constructive conversation.
Long
by RandomGuyTalkin
1
Tron next moves as expected 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. Targets: 1st Target : 610sats 2nd Target : 750sats 3rd Target : 1123sats No Stop Losses 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. TRON is following exactly as we expected and told in previous TA. Follow for more awesome TA's
Long
by BitcoinBillionairesNews
14
TRX having a nice week, possible large wave 3 for Test Net?TRX did what was expected after the LONG consolidation, and experienced a decent breakout right near the apex of the triangle. Since that time, we've seen a fairly normal looking five point elliot wave pattern forming. If waves 1-3 are correct, we could see a very mild 4th wave, followed by another uptrend for wave 5. I also think there's a possibility that on a larger scale, the current 1-3 waves listed have a chance of actually just being a larger wave 1. This would correlate well with starting wave 3 just as Test Net is launched on the 31st, which could see some price action upward. It's hard to say at this point, and my general feeling is that Test Net won't have much of an impact, but reaching the 897 mark after a larger wave 3 shouldn't be out of the picture. Let's see what happens in the near future!
by Pburke2323
3
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
TRXBTC - big falling wedge.. maybe its a time? TRX is favorite of many of the people and i was asked to do a TA.. not much to say about TRX but as you all know BTC is being dump by whales and are killing alts. briefly looking at chart, it looks like a big falling wedge.. but only trade if you see a large volume + Breakout. Chart is pretty self explanatory and marked with Fibonacci levels for profit taking.. i think, at this point its just a waiting game and then BOOM!! Please hit "LIKE" to support, Thanks!
by VinnyTheTrader1
TRX - The sleeping giant, waiting to be awaken by BTC.We have a clear symetrical triangle, that previously looked like a head and shoulders pattern. As this depletes the sellers back closer the support line, we can see a break out may be imminent. While the degree of breakout is unclear due to BTC being the driving force in the market right now, there is a slight possibility in this being a decently sized 1-5 EW pattern. If we have seen the first two waves, as marked, we could be in for some fireworks for an upcoming wave 3. This is all speculative at this point, but has a possibility of occuring if BTC can stabilize for a bit. The volume has dropped a bit, but is still enough to produce such a pattern, if conditions are favorable. Will post an update tomorrow night, as we see what unfolds.
by Pburke2323
5