Tron (TRX) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside.
Potential that this coin has with it's firm development team we are in the first phase of uptrend. No waves, no fibonacci curves, all that doesn't work for crypto for the most part. We have new patterns developing for cryptocurrency which we have not seen before...
We are all expecting this to retace to some normal level 690 or so....... GOOD LUCK WITH THAT..... I'm still in even though targets were hit until this breaks down into the channel if not expect a huge surge. We broke out of this channel and are currently riding on top of it as support..... PARBOLIC?
This is just a quick observation I thought I might share. The Trading View data for TRX:BTC only goes back as far as early January, so I have based this off a chart I put together in Coinigy. The red line is previous resistance which we will probably retrace from due to the fact that volume is dropping off and we are well and truly oversold after the bull run over...
Here is a daily chart on TRX, its a very simple TA, mostly works for me
Here we can see that we have made some moves after the Beta net announcement and we went up to 800 sats. consider this move as Wave A.
We have finished retracing and now back at about 530 sats. This is our Wave B.
We are breaking out of this level to enjoy our Wave C and i believe this will...
I think 24h from now.
TRX will reach 0.00000929
It should close above this line and if this happened it will reach the second price 0.000001180
all the targets are on the red horizontal lines
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 42.20% PROFIT!!!
The increase in price may also be explained by positive developments including:
14 April: TRON launches Project Genesis: a reward pool totaling $2...
TRX is in up channel since 18 April started @0.00000314 to @0.00000800
We Expect a continuation of rising but Currently should be calm down and it already bounces down from the upper board of the channel,
So the first station will be 0.00000690 which meet 0.236 Fibo ret
Thank you
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Do not read and leave... Like,...
The inverse head and shoulders pattern identified a few weeks ago turned out to be quite the success. We now see TRX nearing 0.00000905 an excellent target to sell. Join me in taking profit.
SELL:
Hey, I am back with another Idea .
This time looking at T ron.
Tron had a lot of controversy in the past, but the creator really believes in the Tron with the whole China being excited for tron, at 31. May is Tron releasing they Main net, which can lead to a pump or a dump.
That was in short about Tron.
Taking look at the chart.
There is a Ascending...
Tron- TRX shaping into what looks like a huge cup on the 4H chart. If that plays out - It could dip till 630 and then look towards breaking out.
Given the fact that tron has several updates coming up in Q2 including their main network launch and thereby migrating from being an ERC20 token and running on the Tron Public Blockchain from June 21st- 2018...
