TRON (TRX): Bullish Scenario Intact

in trx •  7 years ago 

SUMMARY

Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: https://www.youtube.com/watch?v=32l40SNYOp4

As of June 4, ALL Crypto Analysis will be posted on the BitcoinLive channel and Steemit will be dedicated for Equity, Commodity and Options Analysis. To Signup for the BitcoinLive limited Founding Membership slots, use this link: https://get.bitcoin.live/haejin/

__

The below chart of Tron (TRX/USD) has very little change from last update. Yes, there is an ABC correctio in progress and this is still within the handle formation as can be seen in the below chart. So, the large Cup & Handle pattern remains still in progress. The white impulse waves still target the $0.34 level or so. What needs to happen? Price needs to start impulsing and breach decisively out of the handle formation.

Here is the daily MACD for TRX. The shorter time frame historgrams are putting in a higher low (yellow line). The MACD white is curling upwards and should soon follow the blue arrow pathway.

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:  

thanx for Info

Let's Connect like Vol - TRON!!!

haejin NIM, Could you please analyze BANCA coin by any chance?

Thank you for the information.

I can't wait for the boooom!!!!

hello, nice post fallow me i'm new steemer, see my post
https://steemit.com/live/@josbert/puesta-de-sol-isla-de-margarita-venezuela

The log scale looks even better on Tron...amazing opp as long as BTC doesn't fall out of bed really bad

Thanks for the info !

Posted using Partiko Android

is anyone else seeing Tron's website as down, or is it just me? I love tron. Hope it's successful

Thank you very much @haejin for the info I’m praying for trx to shoot up this one of my crypto.

Thanks haejin for the analysis

You are a big whale@haejin

I have a Tron for $ 6 .... to the moon!

Seems like a good fractal is forming.
Combining that with haejin's analysis,
we should see the completion of the handle
and a surge-up in the following days...

download.png

  ·  7 years ago Reveal Comment

@upfish you're on the @abusereports naughty list!

Bad Steemian! Bad!