15 M TF - price just bounced off the 88.6% fib on 15 m TF. possibly forming Inverse H&S from the price action and RSI divergence forming. Lets see what she does
TRX hit a strong line of support today at 0.000075 ETH and seems to have bounced off, possibly presenting a change in the market sentiment. As TRX nears the convergent point of the triangular pattern shown in pink it looks poised to break out; the MACD indicator is showing bullish divergence, a fairly clear bullish head and shoulders pattern has formed on the 30...
If we can withstand the first resistance in the coming days, we can expect a good price growth. The second scenario is that it can not afford to drop the price, which may cost $ 6070, and then begin to rise in price. On the whole, there will definitely be a rise in prices in the coming days and you can get good profit.
I bought in when released on Binance, and sold at 9 cents. Here I analyzed the trends to see potential indicators that could have increased my profits. Personally, I recommend buying now as we are at a new entry point and the wallet for this polished Company has yet to be released. The TRX wallet is still a beta java project that has to be built from source....
My previous idea using the elliott wave didn't work out right. After reviewing other people's ideas on TRX/ETH and TRX/BTC, it appears that the wave that I called #1 was actually #5. Based on other's ideas, it looks like we just finished correction wave ABC. Lots of negative comments throughout along with widespread rumors.
Most of these altcoins are...
This is how I see the wave between the lower and high timeframes. the ABC taking on individual alternating structures on the smaller level to create the downtrend correction. If this is the case, the price just has to fall below 0.00011043 before the corrective wave can be completed and the uptrend motive impulses can begin.
Please let me know if you see anything...
Hello traders,
I have a lot of expectation on Tron crypto, I believe it will go to the moon but we just have to be patient.
Let me know what you think, disagree or not and why.
Happy trading,
Darwin
I may have drawn the graph incorrectly but I believe it will find support around 9600. if it breaks downward. I doubt it will make new highs but I'm hopefull it will move sideways.
On the TRXETH 4HR Chart, it looks like we have the first impulse wave followed by a 61.8% retracement on our 2nd wave. Good buying opportunity now at $0.14-$0.16. The better strategy is to wait for a breakout past the $0.25 mark or 0.00025 ETH. Looking for volume at this point to push the price to our 3rd wave where I believe we'll at least hit the 1.618...
Disclaimer : Anything that I say is my own opinion. I have been doing my own personal research and believe that TRX is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is...
Currently TRX is building a falling wedge and building divergence as per MACD and AO. It is also oversold in Stoch RSI.
After it has completed the wedge, it will go into MINIMUM of fib 1.618.
Buy at current price;
SL at 0.00013. if it breaks 0.0013, please exit the trade as this idea is not valid anymore. We will have to wait another pattern to build up.
Exit...
