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
From a grand prospective, TRX 1.59% is in 3rd wave (often the longest and never the shortest out of the 3 motive waves which are 1,3 and 5 | 2&4 are corrective waves) When it reached 10 cents people (including myself) were calling it wave 1 of wave 3 grand super cycle. It is clear that the 10 cent mark was B wave and we finally bottomed at around 1.7 cents. We are...
Hi everyone :)
It's been a while since I traded TRON now last time, and I see again now the possibility of a long trade, this time I take a position with 20x leverange.
What I see is that TRON now moves to take a breakout of the falling wegde hopefully, and that's something it must do now as it's soon finished the wegde I therefore believe in a long position...
According to the 'Weekly' chart of Tron (TRX), using the TD-Sequential system, we are on a red '9' of '9', which means a correction or reversal is more than likely about to occur after the closing this current '9' candle.
With the launch of Tron's Mainnet, its my belief that a bull-run is around the corner.
I'm not a financial advisor, but I'm long on Tron.
In a very quick analysis...
A bat has been made.
But, there's a chance to drop a bit more.... less likely anyway.
Target on GreenBox... or yellow line.
MACD converge and bullish cross
SRSI almost oversold.
All (8) EMA's above the price.
++If we watch my old charts of TRX, we will clearly see that it is right back in the ground++
If you like my...
So we're getting a lovely falling wedge pattern. It's just a matter of time when the price action pops up and the engines turn on.
Be ready when the price cross above the upper edge and then smiles up! Do not need to say more words about that. It's simple as that.
Today I have brought you TRXUSD in the 4 hour chart.
TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or...
From my last idea, I was the first one to call the Bullish Bat (0.886) and right now it does seem like it was a correct call. As long as we can bounce from either the current level of 540 or the 520 sat level, TRX is looking to be a very strong buy. Make sure to have a stop loss underneath the 524 level however, as a single Bitcoin drop can negate this...
Hello everyone. It's been a while ;)
Welcome to the analysis of my favorite holding, Tron.
We've been in a slump ever since May 26th - RIGHT before the Main Net release.
We are forming a Bullish descending wedge. The structure is becoming very tight and a breakout up or down is imminent.
Considering this is a bullish formation, I believe we're headed UP UP...
I believe TRX is only consolidating to get a new ATH!! it is possible that this gonna happen in the next 2 weeks! so HOLD! baby!!
if TRX able to break the Minor resistance and turn it again to minor support that will be a good sign and if we are able to have atleast 2 candle sticks above the orange line that is a break out baby!
To avoid losses set your SELL-...