After a long period of relatively stable base price of around 240 sats, I see $TRX establishing a new bull trend. My ideas on where price can go from here.
We saw a a strong rise on TRX followed by a abc correction. Right now its follows again the trend which started already in the beginning of December. If it can break out of the rising wedge we will see a huge run. Next Target: 600 - 700 satoshis Stop - Loos: 200 satoshis Risk/Reward ratio: 6,5 Possible gain: 160% Wait for the buy zone.
ascending triangle both on price and RSI, price downward trending line broken, RSI's line about to be?
TRX has pulled back at least 50 percent into flag pennant and now appears to be breaking out for next leg higher.
TRX is another one of my long time hold Alts going for 0.03 cents right now. - Great Whitepaper head over to there site to check it out - obviously they already had a quite massive pump,but i evlieve they have tons of potentional for more upside. - The only thing i dont like about it as of now is how heavily they are leaning on Alibaba pretty much for a Co-sign...
Tronix is in a triangle - if it breaks the resistance it's bullish if it drops below the support it's bearish. TK cross occurred in the kumo cloud which is a neutral bullish sign. RSI seems bullish and is almost above the 50-zone which is good. I drew 2 possible triangles but both are gonna break out soon.
What do you think? Might be that it's waiting for some good news (hopefully) after new year?
(Trade this coin on Binance in my signature below)(And check out the cute bulls in the apparel shop) TRX is one of the coins I've been trading but haven't been able to chart because Binance. Thanks TradingView! This was McAfee's last call before he stopped doing Coin of the Day and got "hacked". As you can see, it didn't do much. This coin has skyrocketed...
I drew all the possible trendlines I could find. That is why the drawing seems a little messy. It still does seem that we should see some action within the next couple of days. Hopefully in the "right" direction :)
trx entry level, description will be updated soon, but seems like a profitable trade.
Hi, I am pretty new to trading in general. After looking at other people's technical analysis, I made my own trendlines of TRON (TRX). These might of course be all wrong, so please do share your knowledge with me. From what I gather from this analysis, it seems that we are looking at interesting times for TRON in the next couple of days (before 1. January?)....
update original idea TRX in another triangle and last time to buy before goes up.