AlfredoCollado
Short

To know where TRON is going you need to look at indicators

BINANCE:TRXBTC   TRON / Bitcoin
It is blantly obvious that TRON             is highly bearish . It is also no secret that this coin is being manipulated by bots. Whatever the reasons may be for price suppression, could be considered highly bullish in the future. It is also highly probable that whales are trying to flush out as many weak hands out of the market as possible, for accumulation...

Triangles and and pennants will not predict anything for TRON             . For TRON             , you must look at indicators. Buy volume is LOW, MACD is bearish , and heavy resistence on ichimoku cloud .

Buy target: 430 sats             ----> This is where we saw strong support, and a good demand zone

I have no doubt it will rise many times more as all cryptos will eventually, but anyone telling you to buy TRON             at 700,600, and even 500 satoshis is simply trying to believe in their triangle/breakout patterns which will most likely not happen. You need to see where strong support is, and what indicators are telling you. And for now, TRX             is highly bearish , and you will lose money buying at these levels. Bots will continue to slowly bleed out the price.
Nice analysis. About 15% of my portfolio is TRX and I got in at around 700 and I missed the second spike (which I was supposed to hit but I was on the road) obvious mistake on my part. Now I am trying to stop my weak hands from trembling. I already accepted my loss and I am just holding it for up to one year and monitor progress (ore decline) sporadically. Although I know you can't foretell the future, do you still think TRX has a chance to fully recover at some point or do you think it is a lost cause? (You hinted that it might go up again I think?) Thanks.
Reply
@epitome,

When the market recovers and becomes overall bullish, TRX should go to 900 sats. Just hodl.
Reply
Tron isnt the only one control by bots.. Seems like ALL STOCKS ON BINANCE IS CONTROLED.. I AM HATING BINANCE
+1 Reply
One of the many takeaways from the World Crypro Economic Forum recently in Miami...

Tron is a scam.
Reply
bcaztx PRO J_DeFranza
@J_DeFranza, Glad I didn't go, apparently they are clueless.
+2 Reply
maybe you're trying to shake the weak hands
+1 Reply
@kenken662,

I would like to get a nice low entry, yes ;)
Reply
TA doesn't matter when BTC drops. Look at all the ALTS bleed except f NEO, ICX, WTC and some others. TRON will have a bounce by Jan 31 then March it will go up again.
Reply
@bcaztx,

I disagree, TRX has been bleeding out for many weeks. Whatever the reason may be, be it BTC or bearish market, the trend is a fall back to support, and until there is a clear confirmation of a reversal, it will remain bearish. Any specific date of breakout or uptrend is speculation.

Also, can you explain this?

<blockquote class="imgur-embed-pub" lang="en" data-id="a/DJpzM"><a href="//imgur.com/DJpzM"></a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script>
Reply
AlfredoCollado PRO AlfredoCollado
@AlfredoCollado,

https://imgur.com/a/DJpzM

It's an image of TRX 2 weeks ago when every coin fell, but TRX was the only one to pump. This was when it bounced from the 382 support.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out