As almost all the altcoins TRON' hasn't made any significant movements lately. The last push upwards brought us above the 50 and 100 EMA's and 200 EMA is slightly above the current price. TRX' has a great potential to go upwards if it breaks above the trendline which is pulled from June 19. This trendline has several touches and plays a pretty significant role...
Hi everyone! Lets suspect thats the history repeats it self, that we always ascertain in crypto market, in that case we can expect growth of TRX to 1-2.5$. We'll see. G.Luck
TRXUSD has remained flat since the last update, on three straight flat 1D candles that are trading sideways within a strong Triangle pattern (RSI = 50.876, Williams = -54.910, CCi = 21.2477, Highs/Lows = 0.0000). Despite this neutral short term momentum, 1W remains a Channel Down (MACD = -0.006, Highs/Lows = -0.0018, B/BP = -0.0140) close to its Lower High limit....
TRONUSD EOY Let's start with main question, WHY WOULD IT GO UP? 1. Virtual Machine 2. Speculation 3. Institutional Investors 4. BitTorrent Integration 5. Media Hype 6. Bullish MASSIVE accumulation pattern 7. NEW Partnerships 8. NEW Use-case (about which we have not thought of or know of yet) 9. Ripple Labs indirect connection Minimum TRON EOY...
Am anticipating a possible bullish break out from the triangle to 0.0320 and a retracement to 0.020 level which is the 79% fibonacci retracement level. From there we might see price move up to 0.0520 and a further move to 0.0950
TRON rose after completing the 1D H&S pattern but was emphatically rejected at 0.02600 making a Lower High on the 1W Channel Down (RSI = 44.311, MACD = -0.005, Highs/Lows = -0.0042, B/BP = -0.0130). This indicates that the selling pressure is strong and after every dip, buyers rush to take their profit earlier each time. At the same time they feel comfortable...
Hi! TRX retrace zone is on the chart Buy in 0.0199 - 0.0209 $ G.Luck
TRXUSD has just completed a Head and Shoulders pattern on 1D (RSI = 41.814, MACD = 0, Highs/Lows = 0), and last week's consolidation should be over as the right shoulder extension has reached the Lower High Resistance (bold blue line). Even if that doesn't hold, TRON will remain bearish within the 1W Channel Down (RSI = 43.506, STOCH = 17.723, Williams = -91.877),...
this could be the end of the the C corrective wave with a nice double bottom. we could MAYBE pump up and get rejected at the trend line come back down and try a triple bottom. but this is playing out nicely. TRX has soooo much potential and has been labeled the ETH killer. remember this coin was created SEPTEMBER 2017! this coin has only had its first impulsive...
Tron has been doing relatively well compared to its competitor, Ethereum, but due to the correlation cryptocurrency markets have, Tron will likely also break the support zone and hit an all time low since the altcoin rally. Currently we have been getting bullish divergences so expect a rally once we touch below 300 satoshis. Short the top of the rally and expect...
The 1D Channel Up broke to the downside before hitting the 0.030 Resistance and an aggressive downtrend emerged (oversold STOCH, STOCHRSI, Williams) for TRXUSD on what is the new bearish leg of the 1W Channel Down (RSI = 43.029, CCI = -128.9316). The Lower Low on this Channel is the 0.009634 target extension but before that we maintain a more moderate TP = 0.01410...
First of all, this is not the signal! We need to get some confirmations if we want to see a bounce from the current area! At the moment, TRON' is on the strong area which was a support before we started some 'rally' upwards at the end of the August and currently it completing a Chypher pattern on this price level which matching exactly with our support! Also, we...
Tron has formed a ascending triangle and bullish divergence is in place. Expecting a breakout soon.
TRON is busy with an ABC correction, usually these corrections reverse between the 0.618 and the 0.786 fib level. That makes a great buy zone (purple rectangle)
The 1D Channel Up (RSI = 51.327) on TRON is trading sideways now as it approaches the 0.029 - 0.030 Lower High levels on the 1W Channel Down. This is technically the highest R/R spot to go short since 1W Highs/Lows = 0.0055 call for a bearish reversal. We remain bearish, TP = 0.01410 (0.009634 in extension).
Hey Everyone, quick update here for TRX (TRON) this could be one of two patterns forming and it all depends on the retrace. Right now it is very possible TRX is forming a BULL FLAG to head higher and finish the 5th wave. If we retrace deeper than the yellow dashed line then we are in the 5th wave and still finishing the 5 waves down. And we only know if the...
TRXUSD broke through the first 1D Resistance at 0.023083 and is moving on to the final 0.0311151 test (neutral RSI = 53.294). If broken then the trend reverses on the medium term to bullish. For now 1W is still selling but approaching increasing neutral levels as well (RSI already at 45.864, with MACD = -0.005, Highs/Lows = -0.0076, B/BP = -0.0188 not far behind)....