Alright so here we is my quick 1 Hour TRX chart Analysis. As we can see it looks like a very rough cup and handle has formed and the handle is pretty much completed. This signals a bullish uptrend so it is very possible that we will see TRX move up overnight. Currently, the support is sitting around .00000910 BTC, which has already been tested in the past...
The crypto on ranking 10, with a high volume. will it breakout?
#tradingshitcoins Thoughts on chart. Be careful, this will crumble any time now.. but not before a couple more runs. Take advantage of them. Good luck and happy trading.
Disclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that TRX is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is...
Don't miss out on this pullback. Stack up on TRX!!! TRX will hit $3+ by the end of 2018
A - Bollinger bands have contracted, there's a sudden rise in trade volume and RSI is low. B - Bollinger bands are becoming more and more contracted, soon they're going to open up again like in point A and we will pump. C - Notice increase in volume again, we building this current accending wedge we are in. D - Still very low in RSI , another fairly good buy...
Tron is ripe and ready for a short term breakout. Stochastics bullish breakout as well as a HUGE bullish flag breakout. What do you think?
Not doing as well as i expected it to be, doesn't seem to have been affected as much as other coins regarding asian news, which could be a good sign
Target may be a little over the top, but i would say 1500+ is a safe bet for the next days (tommorow ?), huge bullish run incoming, may not break the ATH tho IMO (Yet)
Double bottom forming by the looks of it. If we hit the 0 Fib % we will bounce back very hard.
TRX has pulled back from highs to form the classic dragon head pattern, so common to cryptocurrencies. Although it's been ranging for some time, a breakout is inevitable at some point for numerous reasons. First, volatility has consolidated immensely, as evidenced by the contraction in the band width of the upper and lower bounds of the Kovach Reversals...
We may see a triangle before going past 1300 again and reaching for the next LONG target (1400-1500)
Looking at the crypto market, I've found the most common response to a massive spike like TRON had earlier is a 50:50 Fibonacci Wedge sequence. If TRX goes through this sequence, here's what it would look like.
After it leaves the triangle I think it will break out to test ATH. I think this is going to pair up perfectly with the rumor of the "news" Justin has been hyping on twitter. This could be a powerful move. hold the line! This is just my opinion - please make and trade off of your own TA. I am not responsible for you losing money. (But if you make some... maybe...