TRON TRX is currently been squeezed between two arcs. It will go the direction of the arc it breaks. if it breaks the upper arc we go long as the Bulls win and set our first target at 50% if it breaks the lower arc bears win ===> no buy until it hits the indicated support level.
Tron currently in the buy zone, bullish divergence in the indicators, 200 ema acting as support. I'd look into a lower time frame to enter, my bids are around the 0.00000493 sats. Trade at your own risk. Don't forget to hit the like button or follow me on trading View for more chart analysis.
Primary count.
On a macro scale we are starting wave 3 of 5. With the original 5 wave move to take us to 2000 sats wave 3 4 and 5 were almost simultaneous. Another option is Wave 3 is like Xrp's....... Still a 700 percent move from the 2 bottom but I want to see my plan come into fruition. Ask yourself does History repeat itself. What is another possibility Tron doesnt hit...
Tron is simply going to blow the fuck up. Wave 3 on a larger scale was ripple end of 2017. Now ripple starting wave 5 on a shorter wave 3 than 1 meaning theortically wave 5 shouldnt be longer. However it is b a very small amount and Ill be interested to see If Ripple hits a 5th wave extention or fits into being the smallest impulse wave. Tron we just dont know yet...
Ive been all over Tron from inception. Watched literally every move. Trx has an Ugly characteristic that keeps rearing its head. If you dont know how to play WXYXZ corrections or are new these can burn you or test your patience. XRP Ripple tends to do the same thing and we all know who was number 1 last year. PATIENCE is tested here in Tron however I believe the...
We are presented with a beautiful inverse head and shoulders pattern to signal a bullish trend reversal. This is a very strong indicator that rarely fails when correctly identified. (Check out my analysis of DGB/BTC for reference.) Patience is key as we wait for the mainnet launch on May 31!
ALL I HAVE TO SAY IS LETS F$$$$$$ GOOOOOOO
1st more likely count to me is posted more probable wave 3
This is big. Wave 3 tenative target. Dont be surprised if you use your stop loss for an extended wave 3. 1st target wave 3 listed
TRX jumped out of nowhere earlier today. (I've been told in the comments it got pumped because of a listing) Spectacular and all that. But a jump this big, this fast always has a consequence : running out of steam very fast. MACD 2H looks as surprised as we are, right now. :/ So, I'd say TRON is looking for some Snickers right now, to be ready to make the next...
Will post secondary option shortly with us starting wave 5 To be safe I will be out at 715 for potential 5 complete. Stop loss at 522 for the more likely move up. A parabolic move now will need expanding to show extensions
Profit Target: 0.00000455 0.00000466 0.00000475 Stop loss: 0.00000430 Have a nice day Berk
I have been asked to do a TRON Technical Analysis. IMO its the right time to accumulate some TRX might go down as low as 400 SATS. The lines green and yellow lines are TREND LINE support and resistance plus i combined FIBONACCI levels for the people who prefer fib levels for Support and Resistance. 1. RSI is at 38 and moving up. 2. Ichimoku Cloud is bullish 3....
Signals: TRX/BTC showing signs of strength, high volume on top 5 exchanges. RSI nearing 70 Stoch RSI tapering off What you should do Risky: Sell under the 0.786 retrace, or at 452 satoshis, and buy back in at support of around 390 satoshis Safe: Sell at resistance of 403, at 0.5 retrace, buy back in at support of 390 satoshis. Alernative: Ride the wave and sell...
As u can see, the price is falling but RSI is showing some divergence, and slightly up. Also RSI is oversold, and MACD blue line is above yellow that is showing us that can go up. The price can go down to previous resistance and support at 452, and then bounce up.
We are approaching a time where TRX has to decide what it would do. BTC may decide it for us 'thou if it continues to fall. So keep an eye on it too. 6 Possible counts with 5 scenarios , starting from best-case to worst-case: ( Also MACD seems to want to cross, and RSI is staying in >50 area. All the counts are based on different Fib levels, depending on the...
If it follows an ABC correction, we might see it breakout now. If it follows an ABCDE correction, we will see it breakout a bit lower. I think the lowest point it will reach wi;ll be around 500 +/- 20 satoshi (area in yellow circle). Boll Bands seems to be closing up. MACD *might* have reached its downwards peak. (no confirmation yet). And buyers seem to be...