After a very long waiting time to complete the correction in the B wave, the cryptocurrency TRON has finally beat the top, testing the first level of technical resistance at 700. Five growth waves are almost completed, so it's time for a downward correction in which the area between levels 400 -500 will be a good zone for entering long positions.
The first goal...
Tron. I am not in love with this company like most so I personally will not hold, but you can make some easy money in the meantime. Anytime its at .02 usd buy and .04 look to sell. I just can't see it gooing above .10 USD. Too many in circulating supply in my oppininion.
I'm still a noob, but I've been on fire. TRX just had a nice breakout. This is what I am anticipating. If wave 2 drops below the beginning of wave 1, this wave pattern becomes void. If wave 2 starts to rise above start wave 1, I am looking to buy in after wave 2 starts the bounce.
Hi friends! Here is a quick update analysis on Tron! From my previous charts, we've determined the climb and the subsequent drop.
So what is next ? It's look like on the 3H chart is formed cup and handle. The worst scenario of this can be a breakout under support level. If the support hold the sellers - we will be witnesses of a triple bottom. And the price will...
Hi friends! Here is my quick analysis on TRON! By looking the pattern formed till now I don't think would be able to break the resist. Even with all good news about opening the Tron platform, we are still in a bear market in which Bitcoin is the one making the rules. Most likely we would see triple bottom or breakout under 0.023$.
This information is for...
We are Uber bullish on Tron right now.... Possibly done with Abc correction but time frame is fast... Bounced directly off the 236 which is rare on 15 percent on wave 2.... if we are not done we will break yellow line and travel down to the 382 to 65 region.
Tron is increasing as we saw it broke it's bearish trend line and here's we gonna get a soon.
1 confirmation when the pink line will pass through blue.
2nd another confirmation will be when the orange line will cross the light blue line.
3rd another confirmation can be when it will enter in ichimoku's cloud and will cross it then we can see a clear breakout of...
Tron has looked very bullish as of late, but will it continue its pattern? Thats what we are here to figure out. Based on altcoins and MACD lines I believe Tron is dropping down again very soon. It is gradually starting to lose momentum and looks to me that it will drop below the trend line in my opinion sadly. Thus far Tron has held and hopefully can continue!...
Uh uh Tron been in the same area for a while. Doesn't mean we can keep buying at the bottom and sell at the top.
Some people have been quite persistant, they knew you'll get rich just by "hodling".
How do you get rich thought if no new people ever want to buy something?
When the fear truly kicks in it's going to drop faster than a noob that wants to get rich...
TRX bullish divergence playing out as bulls buy dips on break-out.
Flagging here on daily consolidation pattern, already turning bullish as bulls bought dips, as evidence from wick after 2 days of consolidation, we break above previous day's ranges.
Look for a higher high and a higher low for confirmation as this play is still young - but still advantage to...
Hi again,
I ´ve got a little time , so I decided to me more detailed update. So if you now click to playbutton, candles will be more updated.
I did this chart as always, at 4 hour candles. After that , I switched to 60 minutes timeframe. Only for better view : )
So quickly explained:
Most important for me is that EMA 200 & EMA 50 are crossing for uptrend. This...
Tron is increasing as we saw it broke it's bearish trend line and here's we gonna get a soon.
1 confirmation when the pink line will pass through blue.
2nd another confirmation will be when the orange line will cross the light blue line.
3rd another confirmation can be when it will enter in ichimoku's cloud and will cross it then we can see a clear breakout of...
Price need to recover to go long in the area of the green triangle, is possible to see price rally all the way to LONG T2 and retrace.
To the short side can if short T1 does not offer resistance at all price likely to give up all the way to Short T2 where we can see a bounce.
TRX did what was expected after the LONG consolidation, and experienced a decent breakout right near the apex of the triangle. Since that time, we've seen a fairly normal looking five point elliot wave pattern forming. If waves 1-3 are correct, we could see a very mild 4th wave, followed by another uptrend for wave 5.
I also think there's a possibility that on a...
Tron $TRX showing an strong perfromance, at the first stage, MACD is moving to cross the signal, for a BUY signal. The elliot wave still a way to go if we take Fib extension trend of the 1st wave. I'd go long in $TRX.
Disclaimer: This is not a financial advice. DYOR
