As Ichimoku's baseline declines, prices are falling.
There's more power than I thought.
Although the decline in BTC was foreseen, prices were expected to remain stable by shaking up and down, but it seems that the price failed to maintain.
We should see when Ichimoku's baseline is level.
I think it is a problem caused by too little trading volume.
Tron (TRX) - TRXUSD - A Big Move Coming To Maximize Your Gains.
728% Gains Expected! - Don't Miss This Trade .. :)
Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.016-0.058 -
(60%-728% Profit Expected)
As previously forecasted we are hitting the time target for the end of wave-E in October, and TRX looks like it's at the end of a bullish contracting triangle with reverse alternation. This Elliott Wave pattern implies that we should fully retrace this triangle and go well above the previous all time high price. Also, because the first TRX bull run only caught the...
Based on the RSI divergence and how the 1D MA50 and MA200 are trading, then yes it is possible that TRON is repeating the August - November 2018 sequence. The current Triangle is completed with one last dip towards 0.01000, which will be the opportunity for buyers to step in. Moderate Target: 0.023000.
Rising divergence is full.
I think it's time to diverge.
If the price rises above 100MA, it is likely to touch the lime green uptrend line.
However, trading volume may be so low that it may be a stumbling block.
It seems likely to touch Ichimoku's baseline and rise.
TRX's last line is 0.01298333.
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action...
The sloping white line keeps the growth trend, 4 touches are visible on the story.
18 days of growth is now perhaps the correction is close.
Below a little more about the project threw thoughts:
Tron's global mission and goal is to eliminate intermediaries between content producers and content consumers.
I’ll try to explain this in my own words on the example of...
In my previous idea the C to D leg of Tron / Dollar was retraced between 0.618 to 0.786 Fibonacci and was likely to form bullish cypher as below:
But now the D leg is extended bit more upto 0.886 Fibonacci and forming a shark pattern.
Now the price action...
TRX climbed beyond its last line of 0.01298333 on 17 December 2018 and touched on 24 September 2019.
Upward divergence has occurred since June 16, 2019, and has been rising since September 24, 2019.
It is rising above the downtrend line.
To move towards a real uptrend, we would have to go beyond the first 0.02277015 and second 0.02802242 points.
You may buy...
Wave Theory: Based on the monthly count, it looks like we are approaching the end of wave-E, we're still a few weeks early, but because we are getting the naked long signal on River Theory and multiple other indicators, there is a good chance that we are at the bottom of wave-E and will probably just chop around here until around October 18th. However, if we do...