This is what i see after all the hype on OCN 2.06% and the new partnerships + TRON 6.43% GAME is getting popular without the English ver yet. BINANCE:TRXBTC
Revised to not be flooded with hate and reports from shills. The last one was removed as it was unsourced and was negative, apparently you're only allowed to be unsourced and positive here. It was disappointing to see that. Fundamentals ONLY. DYOR. This is for my records only.
This is what i see after all the hype on OCN and the new partnerships + TRON GAME is getting popular without the English ver yet.
Disclaimer: This is my first TA, EVER. I'm not an expert, would love your feedback. This initial analysis is a long term elliott impulse wave based on past trends. inside the bullish wedge, I think there is a potential breakout point in the near future. Cheers and happy trading!
This looks like a head and shoulders pattern to me. The timing also seems to coincide with the planned rollout of different features and news related to TRX so it makes sense. This is my first public post don't take this as financial advice.
Another possibility here is we could bounce off of the 61.8% to complete the C wave. Target 1 will be 23.6 Extension if that plays out
We might soon expect trx prices to rise slowly. Its been a long downtrend and now the trend might have switched. If Tron breaks the 0.61 Fib retracement line, we might expect it to drop all as low as 0.00005 ETH price, which would be an alternative buying price. What are your thoughts, which lines are going to be respected?
Been watching for the last few days and it doesn't seem to confirm a trend/ reversal. It's been quiet confusing lately and buyers and sellers can't seem to come to an agreement just yet. But could it be that this is the day the market decides to take a hike? Bulls have taken enough of a break, lets see if they take control now. Sitting on my hands for now....
as you can see price touched a support line and it will go up to the first resistance line.
Tron breakout from Falling Wedge Pattern with big Trade Volume. I Expect Retracing to Normal Trend Line, forming 1-2 wave structure. I'm holding trx since 1400,750 and 400 levels. I will add more at Safe entry 600-580. For my portfolio TRX holdings will be 30%. Targets: 0.00001221 0.00001417 0.00001697 (if pullback remain strong) Global Tron target...
TRXETH Current chart pattern and potential buy dip or breakout continuation.
See Jan 13 post and Jan 15 update. TLDR: tried to make a swing from TRX to XRP when XRP hit 1.55 but TRX did not hold up well enough to justify making the trade. Will continue to look for an entry point in XRP that makes sense against the value of both TRX and ETH unless TRX shows life. If it runs I'll play the run until swapping back for ETH. We seem to be...
3 Minutes to close this 4H candle. I'm hoping for a close above the 50% fib and begin wave 3. If all goes well our next target will be 20c , retrace for 4 then 26c for wave 5
@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too...
Let's review TRX for 1.18.18... The US East Coast woke up to the completion of a 5 step elliott wave at 7:15 this morning. Within 4 hours, the Elliot ABC retracement had run its course and set us up nicely with a cypher pattern that meets all necessary criteria... ie the A leg hitting the 618 fib ret and the B leg hitting the 127 fib ext... TRX is now on it's way...
Floor was 0.00000363, established back in Nov/Dec 2017. Highest peak was at 0.00031 until its recent price correction down to 0.000052, this is consistent with previous support lines from Dec 16-28 before the spike. TRX likely appears to be rebounding up to 0.00007805. Next target will be at 0.000161 then 0.000198. 0.000251 will be last resistance before the...
Tron is the most FUD's altcoin to date. However TRX has the potential to actually rocket to the moon and out of orbit! History shows us the most controversial companies are usually the companies which revolutionise the industry. Tron has the capability to do this. What Tron is trying to achieve is incredible and it comes to no surprise the amount of hate around...
Disclaimer: I am not giving financial advise, nor telling you how to spend your money/Crypto Currency. Any market that revolves trading assets or any securities can be very Risky. I only speak my mind on what I think it will do, even then that doesn't gurantee results. Ethereum made some news highs this week making it receive majority of the attention in the...