Wellcome to TRX!In my opinion, the signal of the
beginning of a new wave of growth.
This week, TRX will be at the top of
the Cryptocrine Growth Scoreboard.
TRXETH
LONG TERM BUY TRX - 1H CHARTHey Traders,
Looking for a long term bullish move in Tron (TRX).
-
Hey Traders,
Buscando un movimiento alcista largo en Tron (TRX).
Carlos
TRX/BTC - Free Falling till 0.00000413 and then to 0.00000223I noted important points on the graph, but let me explain a bit. TRX broke all good and strong supports and felt into the Free Falling area . The market itself will push it into the dip unless some whale investors buy huge amounts. So it's all up to chance now. However, you can follow news about TRX. Anyway, I'm not optimistic about that.
There can be hope if only it passes above 0.00000709 point which is the First Resistance (weak) . In my opinion, It'll fall till 0.00000413 which is Very Weak First Support . And then if it falls below this level, it'll drown to the level of 0.00000223 which is the First Strong Support level . However, this means 100% decrease when we compare it with the current level.
After this point it will have 2 options in the LONG term:
1) To pump to the moon again;
2) To lose all its power sinking towards the dip level of 0.00000025 which is the next Lasr Strong Support level in current situation.
Just an IdeaElliott wave 1-5 in red roughly following all the rules, followed by ABC correction ending at previous 4, with a hopeful 1-5 meeting previous trend lines?
My first post, so you probably shouldn't use this as advice.
Happy to hear where I am wrong (other than not being able to see into the future)
TRX to bleed more?Hello Friends,
Here is my view on TRX,
Currently, it seems like support is holding the price. But volume is very low at support means people are not showing much interest. I dnot see a decent bounce from support which can give hope and gain momentum.
So, it would fall more.
I would watch the chart again with my alert setup when it breaks the triangle. I would be happy to buy on the breakout, but now with strict stoploss.
a close up view:
(TRX/ETH) The Start Of An Uptrend?Tron has been in a down trend since January 5th, after creating all time highs. We seem to have found solid support levels and more buyers are entering the market. Just recently we have broken a down-trend trend line. There is an up-trend channel forming. I'm currently bullish anywhere from 0.000095 to 0.000075. I personally feel there are 2 entry points for anyone looking to enter the market.
Entry 1:
- Retest of the Trend Line
Entry 2: (If Support and Channel Fail)
- If the support and channel fail, I will look to enter again at the 0.000075 level.
Targets:
- I believe targets for this trade depend on what your plans are.For instance, do you want to hold, or buy and sell the channel?
What Do You Think?
- What do you think? Are you bullish/bearish on TRON? Why?
Please remember this is simply an idea, so treat it as such. I'm not saying anyone should invest their money based upon my ideas, do your own research first. This is simply to see what others opinions are and provide food for thought.
Happy Trading!
TRX in the way to target it is time to buy my gentleman
take a look in this harmonic pattern
good luck to all
TRON (TRX/ETH) potential bullish breakoutTRX hit a strong line of support today at 0.000075 ETH and seems to have bounced off, possibly presenting a change in the market sentiment. As TRX nears the convergent point of the triangular pattern shown in pink it looks poised to break out; the MACD indicator is showing bullish divergence, a fairly clear bullish head and shoulders pattern has formed on the 30 minute chart and ADX lines just crossed upwards. I would be very surprised if TRX breaks downwards and I think a mass sell-off would ensue as people would start to abandon ship - a stop loss at around 0.00007 ETH is vital for anyone initiating a long position. I think a trailing stop loss instead of any upward target points would be the best strategy here.
Also worth noting that TRX's partnership with Baofeng (NASDAQ listed) was recently announced and this is likely to add to buying pressure. However, proceed with caution.
New Idea - Cypher Pattern on 1HR Chart TRXETHMy previous idea using the elliott wave didn't work out right. After reviewing other people's ideas on TRX/ETH and TRX/BTC, it appears that the wave that I called #1 was actually #5. Based on other's ideas, it looks like we just finished correction wave ABC. Lots of negative comments throughout along with widespread rumors.
Most of these altcoins are speculative and we are all still early investors. We may not be BTC early but we are definitely still in the early stages. If you're investing, you're either in it for the quick profits or you're investing in the idea/team.
If the coin goes up which I expect it to, we have a bearish cypher pattern forming on the 1HR chart. Expect lots of resistance at the 0.00027 with wicks at the 0.00032 mark followed by a .382-.618 retracement.
Let me know your thoughts.
TRX needs time, I see heading to 500-600 sats. First I'm not an advisor, I could be wrong, based on what it looks, I see TRX heading slowly to 500-600 sats to the next couple of days. I don't recommend to sell your coins, just hold, it's risky. TRX has grown a lot in a very short period of time and will continue heading down, I could be wrong but I see the chart more realistic any comments down below thanks.
TRX After hype and some Tips.TRX After Hybe and some Tips
As all saw TRX was a very profitable coin for some people at last days, but what about now?
bag holders of TRX, they gained a profit, and some people stuck with it with a loss right now.
Here your first Tip.
When you saw coin run like a rocket and you want to catch some, be sure you follow capital management also how is come late and have some greedy always stuck with the coin, if you don`t know what capital management means stop trading right now and start learn first this not gambling game this is a trading.
What i should do right now I`m at a loss?
first, calm and check your free capital and be ready to buy it from dips again, be sure you don`t need to sell in a lose, the good thing at Crypto no Margin call and this for who is don`t use leverage.
again
when you join late, follow capital management.
No sell in a panic, no buy with panic.
No loss until you decide it.
Calm and be ready for getting it from dips Again.
Analysis
As we can see at chart TRX get down from 0.5 Fib candle with a big wick, sign for down.
we expect trx will do some green moves again from the current price to 0.00001350/0.00001590 this is Resistance area,The current support at 0.00000646.
The main support 0.00000346 at we will wait for it as entry level/"rebuy level" for who is buying from the top.
Target for this cycle at 0.00004127 at 1 fib level.
just one condition to get this target, TRX need close above 0.00002230 Daily/Weekly.
Capital management is recommended.
we ask Allah reconcile and repay.
Potential Buy Opportunity TRONOn the TRXETH 4HR Chart, it looks like we have the first impulse wave followed by a 61.8% retracement on our 2nd wave. Good buying opportunity now at $0.14-$0.16. The better strategy is to wait for a breakout past the $0.25 mark or 0.00025 ETH. Looking for volume at this point to push the price to our 3rd wave where I believe we'll at least hit the 1.618 level at 0.00047. I put the 3rd leg up to the 0.00050 mark since this may be a psychological number. By all means, it does not have to stop there since the 3rd wave is usually the largest but 0.0005 is a conservative target level.
As mentioned, look for buy entry now at the .618 retracement which is 0.0000083-0.000010 BTC and 0.00014-0.00016 ETH or wait for volume increase and a breakout at 0.00025 ETH.
TRX: HUGE 40+ PERCENT GAINS WITH A 7.25 RISK REWARDDisclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that TRX is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump" , it is just a friendly investor sharing his insights.
As you may know, I charted TRX a few days ago and we saw incredible surges in price. At one point I was up around 150% my money! With all highs there are lows and I soon saw TRX slowly come crashing down. After watching the charts, and holding, I now see a potential for TRX to explode again.
Let's get started!
Firstly, I wish you could see the 1 minute chart that I have created. Tradingview won't allow me to publish the 1 minute chart, but if you could, I would try to change it so you can understand my predictions.
To start off, I put an orange line to indicate the support line . For the past day I have been seeing TRX fall back on this number giving me the prediction that it is a good time to buy more stock .
The resistance line that TRX must break through to see a surge is around 0.00013704 (Purple line)
Like always, I put a blue rectangle to indicate where you should buy . This range is between the support and resistance lines. This would be around 0.00013703 and 0.00013248
I will be putting milestones in the chart, but you do not have to follow them.
1st milestone : 0.00014112
I would not advise to sell anything at this milestone. If you are skeptical about trading and want to ensure you come out of this trade then take a small percentage out.
2nd milestone : 0.00014795
I believe, even if you want to hold for longer, you should sell a small portion here (10 percent) Ensure you have some profit from this trade.
3rd milestone : 0.00015436
This is a huge milestone. If TRX hits this milestone we can easily see it surge to the fourth.
4th milestone : 0.00018843
In the next few days I believe that TRX as the capability to easily surge to this milestone. That would ensure a 40% return with a 7.25 risk reward.
Thanks for looking at my charts. If you have any questions or pointers regarding TRX or trading in general let me know. Happy trading!
TRX/ETH Fibonacci Retracement AnalysisBased on my Fibonacci & Technical analysis, recent downward in price is a reflection of recent surge in price.
From Jan 2-5, TRX went from $0.006 to $0.28 during an explosive upward rise.
This has been followed by the predicted downward price correction before the next big run. My prediction is that the price will find its new support line located at $0.15 (near 0.618 Fibonacci line) on Jan 7th.
New support has been formed at $0.15 (0.00015 TRX/ETH) to be ready for the next rebound up!
This is setting nicely up for the next new growth peak, predicted at 1.618 Fibonacci scale of $0.36 (0.00036960).
Before Reaching $0.36, next resistance line may reform at $0.28 (0.000282, the last peak from Jan 5) before breaking through to $0.36 (at 1.618 Fibonacci line).
For me, Tron has solid investment and talent to back it up. Now it is top 10 currency. I am very bullish with long term investment. Plan is to follow the ride using Fibonacci to predict the market.
Pick up more tron at 0.00015 then,
25% sell at 0.00028 (TRX/ETH) or $0.28. Then buy back in at 0.000197 (TRX/ETH) or $0.19.
25% sell at 0.00036 (TRX/ETH) or $0.36. Then buy back in at 0.00023 (TRX/ETH), or $0.23.
Keep 50% of holdings at all time for long term investment, or at least until it hits $10.
I welcome constructive comments. Thank you for reading and happy trading! =)
TRXETH Worth buying?Following the fibonacci and correction wave with cumulative events coming in the next few days (announcements with corporations from NASDAQ(Apparently) however following their team its hard to dispute the possibilities.
Tron TRX/ETH - Breaking to the upside soon!End of Corrective wave, confirmed by possible break of descending triangle. Beginning of first wave in the new Elliott Wave Cycle
TRON Target 4025 satosis, Reward 300% coming ABCD move Leg 3 EWYou are Mad to Sell TRON
Perfect team and tech development beyond it.
Big marketshare in DAPPS also
Great fundamental outlook
Technical Analysis on chart says this is a STRONG BUY also
Risk/Reward is skewed up to 300% profit upcoming
Measured from the first leg up AB to the new leg CD
It is also getting ready for Leg 3 of EW Elliot Waves..
Which is normally together with leg 5 the Longest move UP
TRON BE WITH YOU
No time chasing TRON yetI got to admit I was tempted to participate in the bullish trend of TRON, but waiting a bit showed us that "to the moon" might be too soon.
Indeed, according both Fibonacci (FAN + ARC) and Elliott Wave theories, the price should keep arround the price for a while.
- If we follow the 5-3 pattern of Elliott we are currently on the correction from the Green impulse. That being said, we should expect the price the slowly rebound and fall again before another 5 points impulse. That set a target back to the a price around 0.00021 (GreenC point).
- If we follow Fibonacci Arc set at the all time high we noticed that point BlackA led us to the actual Green5, we could think of the next rebound BlackC would lead the price to a target at GreenB before exiting the 0.5 Fibonacci Arc.
Both theories stick in the center fan of the Gann Fan , which support their liability.
In conclusion, we don't see any signal of a rebound yet. I will keep monitoring the price if it enters the 2/1 side of the Gann Fan or the 0.610 Fib. Arc
Analysis done by The Foil
05.01.2018 22:03
(Publication delayed from 2 hours due to technical reason)
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TRXBTC Next 24 Hours are critical to get back into grow trendIf thronix will hold the 1300 next 24 hours, there is still a chance to grow back to ATH
$trx #tronix seems not able to survive even small Bitcoin correction of 15% resulting to 50% crush from 2000 to 1000 in last 24 hours.
This is indicator of purely speculative coin for which corrections below psychological levels in this case 1500, 1000, 500 satoshi could result to total crush because there are no enough basis community ready to invest into $TRX at any dip.
I don't see any unique technology behind this coin.
All what i was able to find it is premined cin like Ripple Made in China and based on Ether
Almost no any innovative implementation
No use case in real economy
TRXETH long Many thanks to Al for this one
Excellent trade.
We may reenter if it returns to the uptrend line (not the pitchfork) and becomes support. This could take 8 to 24 hours.
I will update in about 6 hours
