TRXETH
BRAND NEW TRON #trx ANALYSIS ( HIGH PROFIT POTENTIAL)This analysis is in continuation of my previous analysis ( will be linked below) where i said that Tron is about to start its correction. I was expecting a sharp decline but due to news backing the tron price ( about Bit Torrent ico ) it maintained to retest the top , but failed to break above. Thus giving us another opportunity to short tron and make profits. I have mentioned my targets in chart.
This analysis will be updated frequently to update you guys, since tron likes to do funky things. Make sure to follow to get notified for that.
I'll really appreciate if you would leave a like.
Previous tron analysis below.
I called the previous Tron bottom. My current thoughts.I have called the previous Tron bottom three months ago. Check that out in the related ideas section.
As you may know, I have been a permabull on Tron for very long. It is because I own Tron myself, and I am biased, but not without reason.
Tron is a good buy and hold.
1. Tron team has cash to last at least until 2021. There was over a billion USD worth of Tron sold at the previous top by early investors. I believe they will provide more capital if needed.
2. Tron has a strong community.
3. Tron has good marketing.
Because of those reasons, Tron will be a good long in the bull market, and I believe it will perform very well. Furthermore, somebody has been painting an accumulation pattern for Tron, so we know that Justin is willing to use his own money to paint a good chart.
Perhaps Tron has bad technology, but what matters most is marketing.
I am not attempting to call the top here, but just know that I will not be buying at these levels. I bought the bottom. I do not want to risk adding more at the top.
TRXUSD - WE SHALL PROFITBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 75 Percent
All technicall indicators of TRON are pretty good!!! If it breaks that brown zone( and it have the strenght to do it), we will moon it!
Besides, we have great news about it!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
Tron breaking out?Tron has been consolidating in a bullish pennant for a good few days now.
On the weekly, Tron is in a 4th wave and is holding the .236 retrace of the current swing.
The pennant that has been containing price, may have just broken.
A valid trade opportunity occurs when a re-test of the pennant resistance turns to support.
S/L 495
GL
13 percent trade been exact recently on targets 2140 range is where we got and I will pull my profits and reevaluate
look for volatility measure a 5 wave breakdown..... look for divergence..... buy A..... Sell A at 38.2..... buy back at 50- 61.8 of "A" wave.... Measure a wave target 1 for 1 rinse and repeat...… rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat
notice how I don't care if its a 1 wave or A wave.... also a B wave or 2 wave if you treat this the same way than your win percentage can become incredible
SCALPING IS THE BEST PERIOD..... ADVANCED TRAININGlook for volatility measure a 5 wave breakdown..... look for divergence..... buy A..... Sell A or 1 at 38.2..... buy back at 50- 61.8 of "A" or 1 wave.... Measure "A" or 1 wave target 1 for 1 rinse and repeat...… rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat
notice how I sad "A" or 1 and "B" or 2 if you understand this you will understand scalping. you must understand rsi Elliot waves Fibonacci and how it relates tools on tradingview and how to use them to formulate