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AvenueWork
May 12, 2021 5:47 PM

TRX Bullish Bias (Monthly) Long

TRON / US DollarBinance

Description

TRX Price $0.133197
TRON ROI 6909.8%
Market Cap $9,544,890,728
Market Cap Dominance 0.38%
Trading Volume $5,067,746,034

Another coin that fell off many people's portfolios after the broken hearts and lack of movement after the 2017 hype. Here are a couple of my proposed scenarios. In order for me to maintain a longer time bias to the upside and to maintain the structure, any retrace would need to maintain the support above the .50 retrace at minimum. Watch for either a sharp rejection after median hit; or if price hovers for weeks, and depending on market sentiment as a whole, bullish bias to increase with targets at upper parallel. More detailed charts will be posted in due time.

Remember : Bullish above median, and typically bearish below. Schiff and Modified are practically identical in structure (owing to passage of time). But Original has maintained structure and is not a problem as of yet. However, Original PF would put price moving much more quickly and a median at ~30-70. Highly improbable. Hence, the favoring of the modified/schiff variations. Watch for signs of weakness. See below

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On track.

Trade closed: target reached

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ZEC

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👀

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I will be updating my TRX soon

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At the .382 like ETH, Weekly.

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One of the only shitcoins that didn't take as big as a hit 2022. We'll see.

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TRX vs ETH
Something I've been watching this year. Is ETH's time over? I hope so...

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High TF momentum looks good. Already tested .50 multiple times. 618 at ten cents. God Speed gentlemen

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Tron critical levels adjusted with Algo break

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I don't like this endless sideways on TRX. Here is the macro hagopian line. Under this, I will get bearish. Above it, sideways and up imo. It could also act as a major bounce zone. I'm working on a new TRX post, but with alts I always prefer very high timeframe charts.

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2W Close
Comments
Crypto_max2022
Do you think the price of TRON will reach 1 dollar and more in the next 6 months?
Crypto_max2022
Very very good.
AvenueWork
@ramin00019, Thanks. You never know what can pump
Crypto_max2022
@AvenueWork, Is it time for the pump?
Crypto_max2022
@AvenueWork,🔥🔥👏
AvenueWork
@ramin00019, Not sure yet, this is a long term play. Please see charts below in comment section. Thanks for the question
Crypto_max2022
@AvenueWork, thanks.
AvenueWork
@ramin00019, No problem. Anytime
Crypto2021_max
Nice👌🏼👌🏼👌🏼
AvenueWork
@Crypto2021_max, Thanks for the comment
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