Updated model as wave 4 cannot overlap wave 1 according to Elliott Wave theory.
Today TRXBTC fell almost to my desired target - 479 low Chartists know that support levels attract price like magnets. During the night TRXBTC might test level 500 again and if it breaks, more dip is coming. If not, reversal is almost certainly confirmed. Support levels are at 1000, 800, 570, 500, and 430.
First target .00010000 BTC (like 1800% from current prices) Now that I had everyone hate in the comments on my prediction for it going down lets see if we get some hate comments about it going up! This pattern reminds me of early Litecoin charts but this fractal is more profitable with 1800% gains coming
Just recently sold my position to take my profits. Wish I had taken them when TRX hit $0.30. I may be making a mistake by selling at this point but it looks to me that all altcoins are going down and BTC may be having a bull run soon. I will keep my eye on TRX along with XRP for a position to buy. At this time however, I feel we have not yet reached bottom.
As you can see (using heikin ashi candles to try to average the volatility ), we should now be at the peak of the climb from the previous low of 480/520. Will next expect steady correction downwards to around 440 level and possibly below in this next cycle. SRIS and CRSI both indicating the position is currently overbought, although MACD not yet convinced...
tron has taken a big hit since last week after a huge sell raly now its time for some consolidation and a move up , Its a Hodl - my mid Feb price prediction will be 20-26 cents , if the japanese government allows it to be traded than it could go back to 30-35 cents ,
BINANCE:TRXBTC Time frame -1H See that wick that pierced through the .618 fibonacci retracement that came back up again? That's your ticket to the mooon! StochRSI is on the oversold level for a few days now. We expect an upward movement after that move though there is not yet enough volume from the bulls. Immediate resistance is 840/sh level or the .382...
#TRON took a tumble this morning followed by a rapid rise higher. It appears #TRON has broken out of a downward channel, found a bottom, and is now looking to move higher. We had some positive news from South Korean reversing their decision of Crypto which is also helping the market as a whole. I also anticipating some news from #TRON management regarding the...
Hey Traders, Looking for a long term bullish move in Tron (TRX). - Hey Traders, Buscando un movimiento alcista largo en Tron (TRX). Carlos
I just added to My position. Now averaging .08 - Fingers crossed
I 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...
Hi All - Just an update to my last post. We will soon hit the lowest low possible. A trend reversal is definite possibility now. Expecting a low in the range of 280 - 460 before a major trend reversal. We've already rode the 1st complete cycle of Elliot Wave followed by correction . Volume still holds well above 25,000 BTC even after this severe correction,...
What an ugly chart.. I was stopped out of a remaining position at 1240 and around 900 sats, after profit taking. Daily sell volume is decreasing which is good. Observing buyers coming in, so far it is weak. Want to see the 30 day moving average hold (yellow) on the right hand side. If it comes back from the dead, we're looking at strong resistance at...
Just my idead, i think TRX is a solid coin that had a correction after a monster rise and will go up again. i hope to see a change in the rend in the next couple of days.. love to hear your opinion...
> MACD supports downward movement. > RSI shows downward movement. > Moving into consolidation/oversold territory as shown by green box. > Worst case scenario will be moving to 117 price level(highly unlikely but possible),if enough volume is not there.
The chart explains it all with plotted possible targets and stop loss. Good luck!