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TRX/BTCFor Trx it formed a perfect inverse head and shoulders.... Impending breakout of the larger GIANT BULL FLAG. Macd shows sell because we are completing inverse head and shoulders reversal pattern. Overall picture Is a fuck you pattern turning into a cup and handle. LONG this is my call of the year. I believe we goto 30 cents down to 7 or 8 cents than will form another cup and breakout impulse wave 2 overall..... than we break to new all time highs. .70 cent projection in 7 months. If you are just holding 1000 percent gain.... if trading and repositioning correctly HUGE profit potential. 2 MAJOR MOVES from here if you didn't sell off at 25 to 32 and rebuy at 3 to 5 already you will have a similar shot. China controls a huge portion of cryptocurrency. TRX and NEO are the only two Government accepted..... WHY? Check the development team on TRX. Very connected in communist China. I feel TRX could take over as number 1 currency for growth in 2018. Asians dominate this market. What does China do with everything? Shuts down all outsiders and creates there own. Now with that said it is also very well known China doesn't like Facebook google play etc..... TRX solves the issues. TOO MUCH BIG MONEY.... TOO MANY USERS THAT THEY ALREADY POSSESS BASED OFF THERE PAST OR CURRENT COMPANIES. We go long on TRX ETH BITCOIN EOS XLM stockcharts.com This is what i think will happen.... Notice the Fuck you pattern start forming cup and handle not surpassing 1st wave which would be the best for traders.... Down again low for rebuy..... Ride wave to 70
Long
by savenido
TRX has two possibilities incoming, did it just find support?!Tron has possibly found support on a new trend (Yellow line)!! I can see TRX taking a while to consolidate in this area until it either has enough strength to break through two strong resistance lines (Blue). Since the RSI on the 1 hour chart shows it is slightly overbought, TRX will probably continue in a downtrend to retesting the yellow support. If TRX cannot find enough support here it may have a second chance finding support .00000386. If both of these fail TRX will most likely have a dip back down about 11% to .00000346
by YugginVestor
Tron is in neutral territory. You need to know this informationLet me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin. In short, TRX is in neutral teritory. It has some points going for it and some clear indicators that it is in a downtrend. I will go through all of them in short, but I want to clarify first that US as traders need to be reactive to every situation. Be at a look out and do not buy TRX now. Points for TRX: 1)Probably more news coming out tommorow from Justin Sun and Tron Twitter 2)31st Jan listing on 1 possibly 2 new exchanges 3)Low RSI levels on the 1 hour chart 4)Forming a triangle pattern Points against TRX: 1)The 50 EMA (in orange) has been like a ceiling that TRX cant break through. 2)Low volume due to BTC currection 3)Broke it's mayor trend line We will inevitably get a continuation to the upside or the downside. I really do not have a solid opinion whether or not TRX will move up or down. A breakdown will drag the price down to around 430 satoshi.(minor support) If that support fails, than 380 satoshi (mayor support) Good luck and happy trading! Follow me on tradingview if you found this helpfull Donations in BTC: 1xUU83C4eaHy9dTKuFcn86HFkXa8Topb7 Donation in LTC: LcSEL5a9ZSX2z2TH6ZzmzGnmSyF7riLeuC Donations in ETH: 0x39bf470d25a9a9d5171d674b8740653b8db3cb9f Thank you for the support! :)
by cryptoeduards
6
UPDATED TRXETH Delivering Smiles@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too short of a focus here. This recent uptrend actually started further back on 1.16.18 and now we can see this retracement falling towards both the 618 fib ret and another support/resistance level reconfirmed multiple times since 1.13.18. Without having a weathered pulse on TRXETH with how young the project is, and being newer to the crypto TA space, I'm still working on a TA algorithm for TRXETH. Any insight would be appreciated!
by kseeley1083
TRX Delivering SmilesLet's review TRX for 1.18.18... The US East Coast woke up to the completion of a 5 step elliott wave at 7:15 this morning. Within 4 hours, the Elliot ABC retracement had run its course and set us up nicely with a cypher pattern that meets all necessary criteria... ie the A leg hitting the 618 fib ret and the B leg hitting the 127 fib ext... TRX is now on it's way upward to the .0001ETH mark but it will take a few pitstops at the blue dotted resistances that coincide with previous structure, as well as fib ret and fib ext numbers. These pitstops will be at the .000087ETH, .00009ETH and finally .000094 prior to reaching it's goal of .0001, which is the end of this cypher, landing on the 786 fib ext line. We should see this into the evening hours and by the time our friends in Asia are waking up and recognizing a beautifully played out uptrend to build off of. *This is in no way financial/investment advice. This is intended for educational purposes only.*
Short
by kseeley1083
2
Tron TRX Forecast - The most FUD'd CryptoCurrencyTron is the most FUD's altcoin to date. However TRX has the potential to actually rocket to the moon and out of orbit! History shows us the most controversial companies are usually the companies which revolutionise the industry. Tron has the capability to do this. What Tron is trying to achieve is incredible and it comes to no surprise the amount of hate around this coin. Chart shows support around 450 - 500 area. Considering BTC is down, TRX is building foundation around this area. Basically TRX shall start again from where it pumped to 2,000. Tron has yet to release a product and we are sure that Justin Sun is beefing the developer's team. Investor's are hoping for a partnership with Alibaba imminently. Investors also want lambo's overnight :) It seems obvious that Jack Ma is showing interest(does not mean financially) in Justin's start-up. I find it hard to believe that a start-up company is stealing senior developers from the biggest retail company in the world. Jack Ma MIGHT be "transferring" these developers. Eventually if TRX's product is successful, Alibaba's partnership won't seem far off. Think about it! This is not an investment advice, always do your own research.
Long
by itradearn
2
A summary perspective for TRXDisclaimer: I am not giving financial advise, nor telling you how to spend your money/Crypto Currency. Any market that revolves trading assets or any securities can be very Risky. I only speak my mind on what I think it will do, even then that doesn't gurantee results. Ethereum made some news highs this week making it receive majority of the attention in the crypto sector. TRX is built for high-standers with a huge bet in their technology and what it is intended to be used for. Below you will see numerous talking points for the overall description for the objectives of Tron(TRX):. 1. Exodus Data Liberation A mechanism of upload, storage, and distribution which is based on peer-to-peer and distributed contents. In the Exodus phase, on the basis of the distributed storage technology, TRON will provide users with a completely free and reliable platform for data publication, storage and dissemination. 2. Odyssey Content Empowerment Economic incentives, empowerment, content ecology and block chain technology will create a fully competitive economic mechanism with fair returns for content creation, distribution and dissemination. Therefore, individuals can be encouraged and contents can be empowered, thus constantly expanding the boundary of the system. 3. Great Voyage Personal ICO Based on the advantage of block chain, TRON solves three major issues: income measurement, dividend payment and management of supporters, and achieves significant transformation from the "fan economy" to the "fan finance". 4. Apollo Free Movement of Value—De-centralized Token Trading Exclusively for Individuals To reach the goal that each content producer in the TRON system can issue their own tokens, the system must have a complete solution for de-centralized tradings. Through the establishment of the de-centralized trading platform, the value, property rights and risks of the system can be freely traded and exchanged, thus increasing the economic vitality of the whole system in geometric multiples. 5. Star Trek Traffic Monetizing—Gaming of De-centralization and Market Forecast The size of the global gaming market in 2014 exceeded $450 billion. Traffic brought by the TRON content platform makes it possible to build an online gaming platform for de-centralization. Developers can freely build online gaming platforms through TRON, providing fully autonomous gamings and predicting market functions. 6. Eternity Traffic Conversion—De-centralized Game In 2016, the global video game market amounted to $ 9.66 billion, of which the scale of the phone game market was $ 4.61 billion, accounting for 42%. TRON provides the possibility for establishing an on-line game platform. Developers can freely set up game platforms through TRON, achieve crowd-funding for game development, and make it possible for common investors to invest in games. Their has been alot of information based on Justin Suns (Founder) tweets hyping up TRX. A few examples are: Opening office in San-Fransisco (twitter.com) Making major partnerships ( Obike, Peiwo, game.com, Bao-Fang ) Getting former Alibaba employee into the development team ( More info : themerkle.com) Analysis: It seems as though Tron is filled with a good team. Technology in the asian sector has grown more and more over the years (www2.deloitte.com). Due to this point in time Justin Sun attmepting to connect multiple Nations from Asia, and California to create and promote more growth into ALL of this growth hes promoting for SEPERATE projectects into Tron. By Justin Sun making an agreement with Game.com and peiwo. It can potentially grow the project side for Star Trek Project considering that the Star Trek project is used to promote Online Gaming within the the Tron Content
Long
by christos.p.nikitopoulos