At first, TRX brought us a lot of profit in previous signal. TRX is forming a reverse H&S formation. And this shows the possibility of rapid price increase in the coming time
Buyzone : Buy as close to 340-345 as possible
Recommend Sellzone : 400-460
Stoploss if price is lower than 335 and consider buying back around 305-310
I'm on a highway to hell
With so much positive action going on in the space right now, it's hard to stay in any TRX position with the chart looking this ugly. Volume is anemic and the Jan push up was spurred by BTT hype. There aren't alot of tricks left up Justin Sun's sleeve and social media really destroyed him for screwing up a recent Twitter giveaway. The...
Welcome back to my latest TRX Update, Here We Go:
The 0.02200 Long Target hit with room to spare (I have included previous analysis on 3/1 for comparison). TRX's movement followed my charting channel from the bear flag very well (blue and black dotted lines) and with considerable accuracy, I was able to update and enter slightly lower at 0.2120,...
$TRX had been bullish last few month and now price seems to start retracing.
Since January 2018 $TRX is showing declining volume which also indicates that it's inside of some kind of the formation.
In my opinion we might expect $TRX to retrace to green box area and it would be a great place to buy some.
However if price is going to break both resistance lines...
Here is my plan on how to play both directions TRXUSDT might take:
In case of a breakout to the top of the triangle, I play a buy-in with a safe confirmation roundabout 3 - 4% above the breakout point as conformation.
If on the sell target #1 I see declining momentum, I gonna sell using a constantly updated stop loss.
In case of enough moment, I will be looking...
The TRON bulls have remained strong since the New Year has elapsed. The project has survived the immense FUD that was unfairly postulated by haters and pessimists. During its bear market period since ATHs of 0.25 the TRON foundation has made fantastic progress - always keeping ahead of its agenda. The TRON ecosystem will continue to grow as more users flood in and...