Ready for another coin ready to move?
Today we will be talking about TRX or Tron!
This one is pretty self explanatory.. Massive Inverse Head and Shoulder coming at the end of a long retrace? Could it be any easier?
We got rejected at resistance however, now is a great time to accumulate before the coming breakout.
Lot's of people call this coin a...
TRON could make a pretty big move after it makes a breakout above the inverted head and shoulders neckline.
Actually, if we start to draw this neckline from the bodies then it has made a slight breakout above the neckline but it is not so convincing.
Let's see what we get from this idea, definitely, another BTC short squeeze to the $5,600-800 will help to...
Look like standart cicle, waiting for 50% fibonacci after 61.8%. Good opportunity to short
After BTT tokensale on January 28, we can see dump of TRX, from those who did not have time to go on the sale and have already received the airdrop tokens. Be careful and put stop losses.
Hi everyone, let's get into TRON.
First of all, there is a lot of noise surrounding TRON. We had the tesla giveaway bullshit scam rumors and more. Just look at the charts they've got all the stories you need to make money!
So what is the chart telling us? We are currently testing 0.61 overhead resistance of a big triangle. After confirming support on the golden...
Howdy people :)
TRX has been a leading the charges this year with break-outs. As i see it here as the rest of the market is in a sideways consolidation with a good chance of making a break up, TRX is about to setup a H&S.
I have a quick spread of 3 buy levels here as I am taking this as my month gamble swing, so I have 2 levels in for the H&S, and 1 level down...
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a possibility...
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,...
I was planning on waiting a few days before I updated this chart but Tron Bears have officially sunk their teeth in. I have not adjusted the 50 and 200 MA that I have listed from the previous chart as this is a continuation update from the idea I posted on 2/28.
As you can see we have officially broken down below the 200 MA, the descending triangle...
Here is the next update to my Tron entry point idea published on the 2/24. I have added the fib retracement levels, and updated the descending triangle. As I had anticipated we are trading sideways and holding inside of the descending triangle. I am currently using the 50 MA (upper yellow line) and the 200 MA (lower yellow line) as a "trend"...
As you can see we broke through from the top of the descending triangle powering through several levels of resistance. After the cup and handle we did break higher with the rallies of the top coins towards the higher resistance levels above 0.26-0.27 however, like it has been doing the last 2 months, it immediately retraces down. I have been...
Updated from my earlier idea (2/19) with a possible cup and handle formation, I also changed the 10 day MA to the 50 day MA. See attached previous idea for full details.
These are key levels, the cup and handle also lines up with the MA's and resistance levels that I have listed in the previous analysis. This also is confirming my viewpoint and I will be staying...
Good morning or afternoon depending where in the world you reside.
Week in Crypto (Top 3 Events):
#1 - Baakt continues to make headlines and progress in launching their proprietary digital asset market place that will offer a institutional grade custody program combined with a fully regulated digital asset exchange and physically delivered futures on Bitcoin ....
Tron broke past what looks like 1 of three key support resistance levels at the .618 level then tested the next resistance and quickly got rejected
we are now heading back to the .618 level to consolidate and setup for some range trading between the .618 and the .786 before the next breakout
fill your bags if you're a trader/hodler start filling your bags
The updated wave count for Tron (TRXUSD) from January 21st still stands. Although the timing I proposed was a bit ambitious, the wave count is holding up beautifully.
Here is what you are looking at:
1. Red vertical lines: Time cycle beginning at the low of .01216364 on December 7th, 2018 and ending on December 24th. On this 4 hour chart, that is 103 'bars'...
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...