TRX - TRXBTC signs of turning bullish.

23 Mar 2018

Tron is gaining traction again! After being dead for almost 2.5 months, TRX is attracting the bulls.

Indicators:
- It broke the red downward trend.
- MACD is turning bullish.
- RSI reached its low and is now showing bulls buying from the weaker hands.
- OBV is showing the upward movement is accompanied with buying volume!

All in all, TRX is looking good. Since I am very bearish concerning BTC, and BTC dictates the entire crypto market
(P&D set aside), one should include a tight stop loss for this trade.


Buy in range
440 -- 470

First Target
500

Second Target
550

When TRX actually starts shooting up, Targets will be adjusted.

24 Mar 2018

Not

First and Second Targets have been reached! Tron is consolidating nicely and never broke its 0.5 Fibonacci ratio. Based on Elliott wave theory, Tron is expected to have at least a final 5th wave up.

Third Target
650

25 Mar 2018

İşlem kapandı: hedefe ulaştı

First Target
500 (Reached)

Second Target
550 (Reached)

29 Mar 2018

İşlem kapandı: hedefe ulaştı

Third Target
600 (Reached)

29 Mar 2018

Not

650*