This is what we waiting for TRON, a big potential move, maybe its drive by "BTC to 8k" rumors
Follwing trx over the last two days it has hugged the support line dipping below and shooting above all the time coming back to rest on the support. This to me says that trx is under a heavy load from both the bears and the bulls. it will be interesting to see where it ends up as the market has been slowly leveling out over the last week. It looks to me that any...
Hello, Bitcoin is expected to touch the support at about 8k$ which if happens would cause TRON to drop to the support area indicated above by the white line. This trade is only active when BTC breaks below the 10k support. Here is my most recent BTC analysis if you would like to get an idea: ~DCFreak
TRON TRXBTC trading by zones. Soon price descend to the support line and active zone. After this, we can expect really good moving to take profit. Will be ready to buy! But if price breakout down the active zone, this is might be moving by the blue channel in downtrend. Perspective project with the clear business plan coinmarketcal.com
What i lay out above is where i believe trx is going in the short term.
I think TRX is getting to the point where its either going to drop or pop up to the dotted line and test the resistance here. if it doesn't bounce off the dotted line, we might experience a double dip back to our previous low. This is just my two cents, please let me know what you think in the comments. if you havnt seen my previous post, go check it out, it...
Tron had a massive 5 wave up and ABC correction back down and appears to have broken its downtrend. Nice volume came in as seen with arrow as downtrend was broken. I entered at the break of downtrend and had a mental stop around 645 sats but it seemed the crack of that level at arrow was just to shake people out. If it would have cracked much lower on heavy...
TRX seems to have finished a market cycle and did a full A-B-C retracement It seems we have already started a new Elliot Wave set and we are on the way down to 2nd wave. It may retest old resistance levels.
cloud thinning and long term trend support. I am not suggesting a retracment to an all time high, but rather im expecting to see an Elliot triangle wave to form which is not detailed here. I will be doing further analysis tomorrow which will include this trend.
Following my previous chart which showed Tron's potential, I am now taking a closer look of how the chart should make it's way up in a conservative manner. However I must point out that there is nothing conservative about TRX. When it pumps it pumps hard and when it dumps it dumps harder. The chart depicts an upward trend following the long-awaited bullish...
TRX currently has a huge retracement. It seems that currently is in Elliot 4th wave and may prepare to a 5th wave. 1d, 4h and lower timeframes Stoch RSI look like wanting to reset It may also touch the trendline or go a little bit lower. Even if not so and there is a bull trap, we can take advantage of it. Looking to sell at older support and resistance levels.
TRON Fundamental : -New Chinese startup driven by enthusiast Justin Sun ( Forbes asia under 30 ) -Partnership with Baofeng group. Baofeng, aka Chinese @netflix, boasts more than 200 million users as a video portal giant and has achieved 8 billion CNY listing in Shenzhen stock exchange -TRON Union Core Member Peiwo APP Won China’s National High-tech Enterprise,...