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
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
1h charts show a second bullish flag after the first bullish pennant rally. See updates for that chart. 4h charts show we're entering into the ichimoku resistance cloud with a great chance to break through to the higher level with the 1h upcoming +24% rally over the next 6 hours. 4h charts also show that we are forming a bullish flag with a combination of the...
I love this coin and I recommend it all the time,, My view for this coin is as shown. Do your own analysis and Start accumulating again, it is a good opportunity. Good Luck
TRX wont be going any lower than this. buy now and don't miss the opportunity. Best of luck:)
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...
Well, in my previous analysis of TRX I said it would hit 455 and then go up. It will but in a long term because of the recent FUD towards its whitepaper and so on. I actually copied-paste the same pattern in the 3th Elliot wave (another Elliot inside of it) into my preview for the 5th wave thats incoming. Targets are in the chart! :)
TRON ( TRX ) · Loop A.I. · 3 hours ago Indicator: Negative market sentiment. Negative social volume rapidly increasing. Buy volume decreasing. Signal: Likelihood of price decrease: 71% Check out the signal: coinloop.io
I think TRX is not done consolidating. It will pickup some speed upwards, but i wouldnt recommend buying for long positions until the .786 or de .88 is reached.
I noted important points on the graph, but let me explain a bit. TRX broke all good and strong supports and felt into the Free Falling area . The market itself will push it into the dip unless some whale investors buy huge amounts. So it's all up to chance now. However, you can follow news about TRX. Anyway, I'm not optimistic about that. There can be hope if...
TRX saw incredible heights in a very short span of time with a nice pull back. Right now, TRX found a floor giving a perfect buy opportunity. Here are some quick facts: Price : $0.095192 Peak Price: $0.2 Market Cap : $6,258,701,938 USD Peak Cap: 13 Billion Rank : 14 (Data from coinmarketcap) Official updates: twitter.com
After a huge climb. Tron suffered from the over extended climb. If you are new to the market and panic due to this. You will come to learn quickly that every huge run will result with a huge fall. This is why you never buy when something is at an all time high. Unless you are in and out within 5-10 mins. What you do is wait for a 60-80% correction on crypto before...
Hello guys I have just made this descending triangle. It can either go up, or drop to lower lows. Write what you guys think in the comment section.
Hello Friends, Here is my view on TRX, Currently, it seems like support is holding the price. But volume is very low at support means people are not showing much interest. I dnot see a decent bounce from support which can give hope and gain momentum. So, it would fall more. I would watch the chart again with my alert setup when it breaks the triangle. I would...
TRX looks good again. Broken above the previous target buy zone before the correction and the over hyped announcement from last week. Measuring the previous large rally, we should see another +320% from the bottom of this starting point.
TRX is forming a falling wedge and could potentially break out. The MACD crossed over and the RSI is showing a strong uptrend support line.
TRON has been beaten down very harshly these past few days since the partnership announcement wasn't with Alibaba. I still see TRON blow up when we see some more Tweets from Justin Sun. Keep a Watch out for TRON