Dear friends,
I updated my analysis with more waves and more fibs! TRX 2.08% found support on 0.236 fib level and the last downtrend got out of the fib spiral.
Let me know what you think.
SIncerly yours,
Zakaidze Omar
Hi guys
Daily chart targets still stand for TRX and no change as of yet! Mainnet launch is on the 31st May so just over 4 days time.
Lets wait and see where we go!
Hi guys
TRON update:
It is currently trying to break out of the falling wedge after hitting the 500 FIB level.
IF we have a confirmed break out over the 55 EMA on the 4 hour chart, I can see TRON rising towards our target of 1150
Hey guys
With the upcoming release of mainnet on the 31st, TRON is only going to get stronger....
Interim targets labelled on chart. With BITCOIN's recent performance I am more inclined to aim for Target 1 short term.
RSI is oversold ish on the 4 hour chart.
Let me know what you think!
Tron (TRX) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside.
Potential that this coin has with it's firm development team we are in the first phase of uptrend. No waves, no fibonacci curves, all that doesn't work for crypto for the most part. We have new patterns developing for cryptocurrency which we have not seen before...
Hi guys
As far as TRON is concerned I have the following targets set out in my mind. Ignore the time frame on the bottom but I see potential for the following count.
Hi guys
So we have hit the 618 FIB level for TRON... we need a breakout now over the blue line otherwise we will see further correction down to the 786 level
However with the price of Bitcoin set to hit 6k... I think fruther correction is coming for TRON
As always.. do your own research!
Personally I think TRON has more to retrace here on a double correction down to the 618 FIB region. We could potentially see a bounce back up then... only time will tell
Hi guys
With the test net being released tomorrow, I can only see TRON retracing upon/before release of it. As with most coins, the news is always factored in and a sell off happens before release.
Just my opinion.. it is up to you what you do!
Hi guys
Like I have been saying over the past few days my target is still 650-690..
Once we hit that it will most probably be around the 31st of March when test net is released. I think there will be a big sell off at this point personally but don't take my word for it.
This is not advice, this is just my personal opinion so follow at your own risk.
Thanks
Hi guys
The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line.
Overall we are on the way to target of 640....
Hey guys
check out my detailed chart on where I think TRON is heading over the next day! short term target of 563 and then onwards to 640 before test net!
cheers
