Decided to buy into Tron again today as I just felt it was a good time to buy. Now charting it. Totally a gut feeling and emotional trade, completely against what I've learned, but oh well. :-) Anyway, chart shows we've had a major ichimoku resistance cloud looming over us for months since the ATH around $0.28. I just bought in at $0.037. This cloud is...
ALL I HAVE TO SAY IS LETS F$$$$$$ GOOOOOOO
1st more likely count to me is posted more probable wave 3
If this is ABC correction and not a 1-2 move it doesnt really matter to me because algorithmically we are not going to breach prior low formed from A wave. The 618 to .5 level held for days because many Like myself thought it was an impulse wave rather than a B wave. If it goes lower than buy more to average down. Next move up 100 percent bare minimum
TRX showed its resilience for maintaining its price within the consolidation channel despite the heavy bearish price action (Moby Dick) of yesterday. The following view still stands.
Wave 3 of 3 could be massively extended and will be watching rsi and macd histo closely for confirmation to get out
This is a low risk trade if you can hold it. Chart is self explanatory. We anticipate a potential bull run to begin within few weeks. Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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 bull pennant, but going the opposite direction? Breaking through lower trend line. Back into USDT for me. Note: I am still a noob
We saw a pretty classic 1-5 Elliot Wave pattern at the breakout point. Followed by a possible ABC correction. The 4 hour MacD doesn't look ready to yet for a big buy pattern, but the one hour chart is getting close to that point. I don't think we'll see the C wave extend much further, but we could see some sideways action for a bit, as lots of people are selling...
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
The sell zone is really up to about 1540 for me but conservatively will be watching the 1618 level closely. We will see where we are going after wave 3 done. Wave 4 should retrace normal due to wave 2 retracing to golden pocket if finished now exactly 618 at 434. and 1618 of wave A. Mid april Until we hit wave 4 which ill be out on pending BTC movement. Everyone...
With timeline we moved extremely quick and to see anytype of movement non parabolic you need to look at the 10 minute which I dont like to do. In these scenarios I play the trend lines. If we break Ill post both possible scenarios either wave 3 move or wave 5. If memory serves me correct 713 would be a 5th wave target. So i suppose 713 target stop loss at 730. If...
TRXUSD consolidation channel = 0.036 to 0.041. TRXBTC consolidation channel = 0.00000565 to 0.00000605. If TRXUSD and TRXBTC can maintain their momentum, they could test 0.042 to 0.046 and 0.00000606 to 0.00000619 respectively. As long as BTCUSD doesn't slide, TRXUSD should at least maintain its current position if not better. G/P/S is the key here: - Greed...
Tron (TRX/USD) made a rally in the early morning of Thursday. Price is approaching the resistance level around 0.06 where we can expect a reaction . If price breaks the resistance it's possible to see a retest before the rally resumes and continues to the next resistance level above 0.20 If the resistance level pushes price down, the next significant support...
Pretty cut and dry we are going to 400 and than we bounce. I am watching closely to see the bounce!!!
Hi to all people ! I like to share my little more certain actual update, at 1 hour timeframe, for more detail vision. Yes, I made it at 4h chart again. But here I can go back & watching more careful. Next days can be much more interesting , especially for Tronix . BTC falling , but short or mid term, we maybe can really see some toward price action regardless....