TRX safe buy zone 262-322
Target 1 - 373
Target 2 - 413
Target 3 - 471
Target 4 - 529
Target 5 - 607
Target 6 - 662
Target 7 - 715
All targets will be achieved in the long term. Be patient and trust Justin Sun !
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Good day! In my previous post, I described about Stellar short term price action that follows Inverse Head & Shoulders Pattern which is a bullish pattern. This is executed perfectly well and had a bullish breakout.
In this post, I will explain similar price action that follows the same "Inverse Head & Shoulders Pattern".
As you can see in the chart,...
TRON / USD Short-term price analysis
TRON has a neutral short-term trading bias, with the cryptocurrency rallying back towards its 200-period moving average on the four-hour time frame.
The four-time frame continues to show a large head and shoulders pattern, with TRX / USD buyers still unable to invalidate the bearish pattern.
Technical indicators on the...
February 11 ,2019 will be distributing BTT tokens to holders of Tron’s TRX.
The initial snapshot will be taken when the block height reaches 6.6 million, a counter can be viewed on tronscan.org.
Expecting Price correction after that
Support level are Mentioned at chart .
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A correct Elliott wave count must observe three rules:
Wave 2 never retraces more than 100% of wave 1.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
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Tron has been the best performer in the market recently and has seen surge(100%+) for the past 40 days with news of Bittorrent company.However it needs to cool off(drop) before continuing the bullish momentum.
It will undergo a healthy correction after the recent surge and needs to hold the 488-530 satoshi level before moving up.If it manages to...
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 50.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support...
Trxcoin Technical Analysis- Trxcoin Latest Update
You can see the TRX falling wedge pattern has Break
the market is right now in Consolidation.
I have Mention Support and resistance levels on Chart
You can on the chart right now there is 2 Support area
Note: This is only for Educational Purpose this is not an Investment advice.
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TRX/BTC are following very support trend line and making Channel & Also Making a wedge pattern So Trade Care fully #JustinSon Tron Founder Also will do Soon an announcement so price can Pump and Technically Good time to long TRX/BTC.
Let c What Will be Happened..
So Stay Tuned..........!!
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