"TRON" Pullish Market conditions of TRX , (+600% Potential) guys being with us

in #tron6 years ago

First of all, I want to note down some keys Retracement and Extension.
Retracements:
0.00000780 - 0.00000870 ( 1 )
0.00000632 - 0.00000662 ( 2 )
0.00000452 - 0.00000547 ( 3 )
0.00000256 - 0.00000362 ( 4 )

Extensions:
0.00002572 - 0.00002604
0.00002816 - 0.00002953
0.00003233 - 0.00003393
0.00004474 - 0.00004683

Price Factors:

  • We're in Pullish Market ( Buyers Market ).
  • After a series of down move, the Price of TRON -5.38% seem like to slowing down near the Retrace ( 2 ) Area ( on a Daily Chart ).
  • This Retrace ( 2 ) Area also our previous Breakout ( was our Previous Resistant level now become our new Support level on 4 Hours Chart ).
  • We have a mini Support Area ( Pink Area ) showing some rejections in the past and slowing down at the moment.
  • I have spotted 2 Green Arrows on the Chart that showing me the strength of the Buyers compare with the Sellers. Buyers are stronger than Sellers in short there is just 1 or 2 Candles to remove the haft of series down Candles ( Means Sellers weak and Buyers are stading by ).
  • The Price seem like breaking below the Support Price Channel .
  • The Price forming a Falling Wedge pattern ( Reversal pattern ) not matured but we still count it.

Indicator Factors:

  • The Volume showing us the Sellers pressure continuing decrease below the average both 4 Hourse and Daily.
  • The MACD now below the 0 and diagram on 4 Hours but on Daily we are going to continue the down move ( not good enough for our buy entry ).
  • The Stoch RSI also in the Oversold zone on 4 Hours and Daily.
  • The Price dipped below the ichimoku on 4 Hours Chart but still above on Daily.

Conclusion:
This may be that last low of down trend.
I'm still need more infomation of the next move for Trading precision.
But i'm going to take this as far as dead zone as possible and holding it.

Entry: 0.00000632 - 0.00000662 ( My main zone to take in)

Target 1: 0.00002572 - 0.00002604
Target 2: 0.00002816 - 0.00002953
Target 3: 0.00003233 - 0.00003393
Target 4: 0.00004474 - 0.00004683

Stop: 0.00000452 - 0.00000547 ( 3 ) ( I'm not place but for guys who need, better below ).

I will wait for more infomation and continue to update this post.
If you interest this please keep track, i will do as much as possible.

Trade active: Adding waves count and we may in the wave c of the correction wave.
Include the Price stepped into very strong retracement zone.
Indicators now swimming below the oversold.
The Green Area is my precision zone.
My Entry active at: 0.00000500 ( I will holding from here )

Sort:  

Lets hope that this makes a solid return after the market stabilizes and moves forward.

Hope all are tron holder come back strongly, i lost 50% over my investment. :(

Help follow me & vote me . i'm new here...

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From your mouth to God's ears...

I mean, even if Tron doesn't go up in the short term. I still believe that this is a good coin to hold. Incredible partnerships are not cheap.

Yes the coin's value has dropped a lot in the past few days, but all major coins have had their ups and downs.

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Defintely going to invest in some tron . Don't forget verge .Buy while it's still cheap

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ID Cheeta dorse tumar karone, content copy korba, tumar cheeta dorbe na, ki amake dorbe naki.. :)

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