A couple of ideas
1. We are in wave 4 circle and require one more move up to complete 5 up (primary count)
2. We have already completed 5 up and now are in the gray 2 circle with MUCH higher to go. (secondary count)
These projections are using log fib extensions.
Tronix is about to explode downward. We're seeing a nice squeeze on a daily with the momentum oscillator pointing to the south.
There's virtually no support for TRX as the price is at its lowest since Tron first launched under the Ethereum wing and then broke off to its own mainnet in June 2018.
Short is recommended if we see 2 consecutive down candles on the ...
Hi Everyone, I usually post only TA on BTC/USD and as you can see in my profile I'm right most of the time, even with great accuracy. Please do make sure to check out my charts.
I usually, never ever post TA on altcoins for one reason only: no matter the chart and indicators, they always follow BTC moves. If BTC dumps alts dump, if BTC moves up, the alts likely ...
trx 0.00% is going down for a final, painful sell-off. The ideal turning point would be the region around 0.009! So, stay sharp for an entry at the bottom!
It seems to be a final impulsive wave down (5 waves). We are in wave 3 now, I suppose, so we will maybe see a small rebound at the bottom of wave 3, but this only will be a corrective wave 4 ...
New low or not, still looking for a bottom. If nothing else but basing it on the EXTREME level of BTCUSDSHORTS. We have never seen these levels. Bears are all-in!!!
Orange line is BTCUSDSHORTS
Everything is screaming that a bottom is near or in place.
TRX has fallen back within a descending triangle that is getting tighter as we move down.
Last month, the price hit the top resistance of the triangle and plummeted through the $0.018 support and bouncing hard off at $0.012. The bounce was enough for TRX to nearly get back to $0.018 but was denied and has since fallen back to $0.015.
Considering the stochastic ...
Our last short TP = 0.014110 has been hit. At this point neither 1W (RSU = 40.809, MACD = -0.007, Highs/Lows = -0.0041) or 1D (RSI = 39.536, MACD = -0.002, Highs/Lows = 0.0000) are as negative as anyone would expect based on the collapse of the crypto market in the last 15 days. The Lower Low sequence on 1W clearly supports now, the downside seems limited and the ...
Tron price on Tuesday trading with marginal losses of just 1.3% trading at $0.01345 at the time of writing, well into the second half of the day. Some of its peers across this sea of red within the cryptocurrency market are nursing steep losses. A bullish flag pattern can be observed via the daily time frame for TRX/USD.
Immediate resistance is eyed at $0.01400, ...
in my last analysis, I wrote: “trx is going down for a final, painful sell-off. The ideal turning point would be the region around 0.009! So, stay sharp for an entry at the bottom!” This is absolutely possible, but now I think, there’s even a good chance, that we have seen the turning point already!
BUT: be careful, because this scenario is not ...
TRX is essentially used to pump ETH;
it must first reach a high enough price, so when it is used to with ETH/TRX, it dumps slowly pumping ETH;
you can see a light candle forming for TRX/USD, you can see ETHBTC forming a similar one but not as defined but close behind
when you start seeing TRX move (it means ETH is preparing to launch, similar to LTC, you'll see ...