TRON (TRXBTC) has been growing since hitting a low in early September. We can see a clear uptrend forming with higher highs (HH) and higher lows (HL) being printed.
The volume is increasing gradually and the price stays above support (EMA10 and EMA50).
Looking at these signals tells me that this pair is very likely to continue growing... Not only for a few days...
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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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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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..........!!
Learn Here , Earn EveryWhere
Technical analysis:
Tron/Bitcoin is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 39.
The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000305...
TRXBTC is following Ascending triangle
As you can see the TRX which is following same foot steps
of XVGBTC.
You can Buy on Support line or on Break out and keep target on height of
Ascending triangle pattern.
Good Luck :)
Note: This is only for Educational Purpose this is not an Investment advice.
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TRXBTC following Adam and Eve Pattern
As per the Study of Adam and Eve Pattern TRXBTC
is properly followng the Adam and Eve Pattern.
So in chart i have mantion A Resistance Line you can check that
if that can break then we can see the target according to the hight
of Adam and Eve Pattern.
Note: This is only for Educational Purpose this is not an Investment...
trx needs to break that descending channel
now I can see that 20 day ema green slightly crossing the 50 day ma black
which is a bullish sign and candles are forming above the both moving averages
but still we need to wait because its decision time for trx 560-570sat is a strong resistance
need to break this descending channel and 565 resistance
