TRXUSD (Tron)(Binance) Bull Run is started.
- Looks like this summer will be very hot!
- Head and shoulders
- Trend lines from past interact well with current local Trend bottom.
- Next challenge to maximum price.
- BTC Dominance is down (we have long target)
Target 1 = $0.0780 (+147.62%)
Target 2 = $0.2900...
The Inverse Head and Shoulders pattern I posted on early April has been completed and TRXUSD is now on the final accumulation phase before the major bullish break out of this cycle. I have two targets on this one: 0.03800 on the short term and 0.09500 on the medium term. The Inverse Head and Shoulders neckline should provide support during this process.
Tron appears to beginning wave-B on the monthly timeframe. This wave-B will likely be larger than wave-A in both price and time. At a minimum, it should at least be larger than wave-A in time, and retrace a large amount of it. It's difficult to forecast where Wave-B is going to end exactly, but when we get closer to the end, or right after it has ended, it should...
TRX/USD looks really good IMO - a good area to long. as a lot of other coins where shooting up, XRP and TRX have stayed releatively low and slowly climbing down or going sideways. This looks pretty solid... but if BTC falls, theres always a risk that the whole market just falls with it. So be careful.
XRP sports a similar look for the XRP/BTC pair, a HUGE year...
Tron seems to have completed a contracting triangle or a diametric Neely-Elliott Wave pattern. This is confirmed by price, time, structure, complexity, and channeling rules. It also integrates into the larger and smaller time frames. The post-corrective thrust has fully retraced wave-g faster than wave-g was formed, and it has also broken out of the contracting...
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Today we will be talking about TRX or Tron!
This one is pretty self explanatory.. Massive Inverse Head and Shoulder coming at the end of a long retrace? Could it be any easier?
We got rejected at resistance however, now is a great time to accumulate before the coming breakout.
Lot's of people call this coin a...
Here we can see on the weekly chart that we have a bullish green candle. The important factors to consider about this candle, 1 Its a week candle, 2 its turned bullish under the weight of Bitcoin.
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This analysis is for fun, it is strictly my opinion. You buy or sell at your own risk. Own your decisions. Analysis can change at a moments notice, then we look to see what happened, and do another best guess scenario.
Based on the movement of tron we can see an uncommon consolidation between 0.021405 and 0.02800. Its currently entering a bull stage (Bullish engulfing candle 25th and 26th April 2019) till it hits around 0.025644. at this price (0.025644), market forces would decide if the bull would continue its momentum or if it'll retrace back to around 0.024231 (decision...