There is a Trading Signal to Buy in TRXUSDT TRON
Traders can open their Buy Trades NOW
⬆️Buy on 0.066 or Buy on downtrend breakout
⭕️SL 0.05 or SL on uptrend breakdown
🔵TP1 @ 0.093
🔵TP2 @ 0.109
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During the dump of the last couple of days, TRX has formed a Pennant pattern. With BTC reversing strongly as of today, most alts are regaining some of their losses rather quickly.
For the coming couple of days I'm quite bullish . As always, keep a close eye on Bitcoin in case it reverses, since all alts are highly correlated to BTC .
Let's take a look at the global picture of TRXUSDT
It can be seen from the graph that from September 2020 to February 2021 TRX was actively purchased in the range of $0.025-0.035.
And then, after such a consolidation, a logical shot up. The market managed to raise the value of TRXUSD by 500% - whether it is a lot or a little for TRX investors we don't know, we...
Hello investors and traders!
We have similar formation on many alts right now.. Some already finished wave Z, some are finishing X ; Y.. XRP for example finished WXYXZ and landed back below wave X..
Tron is just starting it's run and now we are going towards $0.18 shortly.
Based on fractals and knowledge on how these cycle works we are looking at $15-20...
Over the course of a couple of days, TRX has formed a nice inverse head & shoulders pattern, the bullish variation on the classical head & shoulders pattern.
The market is currently heavily influenced by the movement of Bitcoin. With BTC's outlook being much more positive than a couple of days ago, we might see this pattern coming to fruition.
Wait for the...
After doing a detailed Neowave/Elliott Wave analysis with Neowave Founder Glenn Neely, we came up with several potential counts for TRX. The above count is what I personally think is the most likely possibility because it follows all required rules as closely as possible compared to the other counts. Of 5 possible counts, 4 are bullish, and 1 is bearish but near...
Like a lot of of cryptos, XRP has been forming a triangle over the last 2 weeks. As of late, the triangle has been broken on the upside, potentially marking a new bullish move upwards.
I'd need to see some more confirmation around the 0.078 level resistance before seeing a valid entry.
If Zoom At The Chart Clearly We Can See a Horizontal Channel (180 As a Support, 280 As a Resistance) ,We Expect The Price Will Breakout From This Channel Soon ,Here Is a Good Buy Opportunity.
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Looking at the TRX 1D chart, very interesting textbook harmonic seems to have shown up for the correction, implying there's a LOT more growth left for our dear Tron.
Are the bulls still in control? Will crypto disappear from existence? Who knows
Analysis for this one is on the chart, because I felt like mixing it up.
Golden Time for Tron, I think
At 10th of June will be the first Airdrop of APENFT (that is creation of Tron) and the most will get one, who own TRX.
Airdrops will continue every months by the end of 2022 or so.
Plus Justin Sun is a hell of a marketing guy.
The first Target point will be around 0.39 USD (by August I think).
0.39 USD :
- is ATH from May 2018...
If we are beginning the next major crypto rally, we can expect that the coming wave-G will be similar in size to the previous wave-E the entire market experienced in 2017. However, TRON only began trading in November of 2017, so based on extrapolations from other cryptocurrencies Wave-E on TRX will only be 50-62% of Wave-G in price. In other words, Wave-G on TRX...