Yesterday my analysis was a little bit biased but now, I made some corrections, added the stop loss. I hope we are going to reach the target 1 in the next days and be on the way to the second target. Omar
Previously I had posted that while we broke out at the apex of a right triangle, we could be looking at another slightly downward triangle, which is noticeably smaller than the last. We also may be in wave 3 (which we know is generally the longest. If we are, and we approach the top of the triangle, we'll need significant volume to break through that resistance...
TRX (Tron) did break out of the last downward pointing triangle, as expected. Sellers were too depleted by that point, as we can see by squeeze occurring toward the apex of that triangle. It broke out slightly, with some large volume, but since has trended back into a pattern that may be another, albeit smaller downward pointing triangle. If this is the case, we...
Oversell confirmation on 5 min RSI. Bullish momentum on 5 min chart for RSI. Huge Buy wall ready to push it up.
There are 3 strong signals to buy TRX : 1. We can see a classic Triangle Wave Correction and It has been already broken ! Congratulations!!! 2. Exaggerated Bullish Divergence or maybe classic bullish. In any case on such big timeframe it's a good signal to buy. 3. Lines are crossing on MACD . If it happens, any doubts will disappear. P.S. You're Welcome to...
Direction Bullish Color Magenta Number 3
As you can see from the chart TRX is reaching the end of the pennant and this clearly means that we'll see a breakout, if volume increase. Theoretically speaking it should break the yellow support line at 395 but there is also the opportunity to form an uptrend. If this scenario happen, if there will be a breakout of the resistance line, we'd expect a huge growth...
TRON ABCDE DESCENDING FLAG CAUSING UPWARD BREAKOUT OR BREAKOUT FROM 400 LINE HOLDING WHICH IS UNLIKELY
Here is TRON , for short term it can go up to 550-600 then buyback again after some days at 430-450 or more less then it can rise again a bit more to 500 consolidation and breakout time will be there but for now sell on 550-600 and enjoy.
QUICK LOOK AT TRON NOTHING HAPPENING UNTIL WE HIT THE HIGHER DEGREE OF TREND UP IN A WEEK OR SO. BY MARCH 21ST THIS WILL BE AT 25 TO 40 CENTS DEPENDING ON THE PEOPLE SELLING TO GET THERE MONEY BACK ON WAY UP WHO BOUGHT TOO HIGH
MY VISION AND WHAT PATH WE WILL FOLLOW...... HOPEFULLY YOU HAVE ACCUMULATED NOW FOR THE PUMP..... CAUSE IM BOUT TO POOP AT THE TOP OF THIS HILL TWO POSSIBILITIES LIGHT BLUE MORE LIKELY BECAUSE A BIG SELL OFF WILL HAPPEN IMO BECAUSE OF PEOPLE WHO ARE TRYING TO JUST BREAK EVEN..... IM IN THIS FOR THE LONG HAUL ACCUMULATING NOW
hey friends trx is forming falling wedge and it have a good chances for breakout don't buy now wait for breakout I have circled their buying volume is increased and it may breakout soon wait and watch for breakout it needs to breakout with good volume we can see that cmf showing negative it needs to form upside which shows trend and volatility with good volume...
TRX CAN TAKE OFF AT ANY MOMENT. TOMORROW IS LUNAR NEW YEAR EVERYTHING IS MATCHING UP FOR TOMORROW MOVE. WHEN THIS BOOMS IT WILL BOOM POSSIBLE 7X MOVE
JUST BEAUTIFUL