TRON (TRX): Be Long Term Greedy!

in tron •  7 years ago 

SUMMARY

Tron (TRX) broke out of a symmetrical triangle which allowed price to consolidate. I've labeled a short term five wave impulse up and it could certainly go higher towards $0.11 cents!

But, focus more on the longer term picture. As Tom Lee often says, be "Long Term Greedy"!! The below chart showsa massive rounded bottom price formation. The left wall is complete and from the looks of it, price is just exiting the basin phase. That means the right wall is yet to be built! IF you happen to have let's say 300 Million coins of TRX; the $0.34 target would be an explosively phenomenal return!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

tron is pumping like crazy but not like EOS :)

Small position that will hopefully one day become a large position

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
EOSEOS17.639$14.69%57.0%
QAUQuantum0.165$-1.09%29.39%
TRXTRON0.076$2.14%38.51%
WAVESWaves5.546$-0.71%5.13%
  ·  7 years ago (edited)

Can you do an update , I would like to know if wave 2 will occur soon and how much a good entry point would be . Thank you!

Not sure Tron cares much about waves be them bull or bear, it just marches along strong and steady.

Tron is mooning if I must say, it isn't so some few weeks back. All thanks to @haejin for letting us see clearly about the issue more clearly

  ·  7 years ago (edited)

Maestro
There are 4 coins that are going like if there is not tomorrow
EOS
TRON
CARDANO
AETERNITY

Great. Thanks for your information.

wow thanks :)

Great analysis - my initial ideas were to sell as the mainnet launches since most tokens drastically go up at that point - then again mostly all are speculative , if i can flip all mine to a few bitcoins sure ill do that :0)
thank you again

I made more money on the movement of bitcoin cash then tron

If your looking to make residual income from 5 cryptocurencies read my blog > https://satoshipapi.io/f/untitled-post
Im also selling the website > https://satoshicash.io/free-bitcoin

This is very unusual trend. I think there will be fast correction. Sorry for cooling down your optimistic moods :) I hope i'm wrong

  ·  7 years ago Reveal Comment

Tron is definitely a great long term hold. I am holding Tron at the moment and I believe it will increase drastically a week or two before the mainnet launch. 🚀🚀@haejin

  ·  7 years ago Reveal Comment

Thanks for inform

  ·  7 years ago Reveal Comment

What about OCN? OCN may bring huge returns like TRX. I would love an analysis of OCN.

  ·  7 years ago Reveal Comment

Thanks Haejin! Show us IOTA analytics plz~!

  ·  7 years ago Reveal Comment

wow, this is a good signal. Thanks for the update

  ·  7 years ago Reveal Comment

Hi! Marley already conducts ICO https://www.marleynaturalico.com

best app for view cryptocurrency stats and signals https://xsignals.info/?ref=18219

  ·  7 years ago Reveal Comment

Great statistical analysis and explanation @haejin..
I think, You analysis is very important for blockchainer before their investment...

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

tnx for update

  ·  7 years ago Reveal Comment

300 million TRX?... Did you proofread yourself or....? To own those 300 million TRX, that means that one must have invested $15,000,000 when TRX was worth, let's say, $0.05. Even at 1TRX/$0.01, it meant $3,000,000 to get those 300 million TRX. Do you trully believe any of your readers has once been that rich as to invest such a high stack on a "not so well known till last december" currency?

Carefull with the figures and examples you're using in your articles, that's very misleading.

  ·  7 years ago (edited)

haejin is a multimillionaire, so I guess it's just a small chunk for him :)

TRX a when it came out was about $0.00145 to $0.00175 price range for a few days, then it started to creep up afterwards. But still it would cost over $500K to buy 300 Million TRX with the lowest price lol

what about digibyte?

nice information

  ·  7 years ago Reveal Comment

300 million? Next round is on Haejin!

  ·  7 years ago Reveal Comment

As far as I am concerned Tron is a Steemit competitor and could return similar results. I don't intend to miss this buying opportunity.

  ·  7 years ago Reveal Comment