TRX looks good again. Broken above the previous target buy zone before the correction and the over hyped announcement from last week.
Measuring the previous large rally, we should see another +320% from the bottom of this starting point.
TRX seems to be forming a cup and handle. Despite all the love and hate it has been getting lately, along with some creative marketing, if support at 780 isn't broken, there might be some energy left for another bull run.
We see a simple pennant forming here indicating a break in either direction. The spread on Binance looks good. Big sell wall around the 850 area. It looks like a lot of this recent movement is due to the large amount of bot volume on the index. Sometime soon we will see a break back towards the 1/1 angle on the Gann fan. I will update as the play pans out, but at...
Quick analysis and rant on TRXBTC, people were asking me on twitter just how could I sell my $TRX at the top while everyone was cheering and believing in TRX still going to the moon, based on some tweets from the Justin guy and other "Crypto Gurus".
Well, one thing I learned the hard way myself is that the price of a coin is not driven by tweets, or by you and...
Price is reaching support zone(693-749), in my opinion this is a good opportunity to go long, target to previous high(2047)
However if this support zone fails, looking toward the next support at 436
Recently purchased into Tron with a sizeable part of my portfolio. Tech looks good and team is strong, including the recent new addition of Zhang Anwen and another senior developer from Alibaba (See Tron's twitter feed). These are the support areas and targets I am working with, I know a lot pf people think if TRX does break out it will reach higher than Target 2...
I am really very uncertain about the future going of TRX , as it is going quite weak recently, plus negative news about this token. However, there are two notable facts: 1) the price did not crash upon the negative news, and the news itself is questionable, claiming that its code/whitepaper is plagiarism; 2) negative news has been following TRX and its founder Sun...
TRON has been beaten down very harshly these past few days since the partnership announcement wasn't with Alibaba.
I still see TRON blow up when we see some more Tweets from Justin Sun.
Keep a Watch out for TRON
Start refreashing you BlockFolio like a f**king maniac, TRX is going to pop out of its triangle at any moment and head to the sky.
It's pay day!
Good luck to you.
CrypToon
From The Sky To The Moon
I don't like TRX as a coin, but for trading it's great. Right now it's forming a large symmetrical triangle with a trend resistance line stretching several days back.
If we breakout we have the possibility of getting solid gains in return.
Try to buy as close as possible to the lower support, set a stop loss of 5-10% and see where it takes you. The higher the...
Verge has broken from our main triangle a couple days and seems to be consolidating in an even smaller triangle now. Watch for price falls below .5 level.!
As the Bollinger Bands converge to withing the Keltner channel, there will be a violent breakout. There are no sellers left. Once Bollingers are completely inside Keltner channel, we will begin an explosive upward move.
