TRON (TRX) Overview
TRON (TRX) strives to build the future of a truly decentralized internet and global free content entertainment system that utilizes blockchain technology. The TRON Protocol represents the architecture of an operating system based on the blockchain which could enable developers to create smart contracts and decentralized applications, freely publish, own, and store data and other content. According to the TRON Foundation, the ecosystem surrounding this network specializes in offering massive scalability and consistent reliability capable of processing transactions at a high rate via high-throughput computing.
TRON (TRXBTC) Charts & Analysis
Let's start by looking at the TRON (TRXBTC) chart long-term, we've hit the demand zone (in green) and TRON is getting ready for a long bullish cycle... Here is the chart:
- Basically, we can see three positive waves to the left. One happened when the demand zone was broken for the first time and the second two waves after it was touched.
- The demand zone is now being touched a fourth time, so we are getting ready for long term bullish action.
- This is a weekly chart.
Now let's take a closer look, the daily time frame chart:
- Here we can see trading volume increasing and strong bullish divergence on both the MACD and RSI. We have prices moving down while the indicators are moving up.
- This can signal a move to the upside in the short-term as well.
- We have potential reversal signals short and long term...
- Let's trade.
TRON (TRXBTC) Full PREMIUM Trade w/ Alan Masters
Buy-in (current): 0.00000270 - 0.00000290
Next support: 0.00000210 - 0.00000240
TRON (TRXBTC) Targets:
(6) 0.00002047 (ATH)
Profits potential: 180% - 880%
(Buy-in calculated at 0.00000285)
Stop-loss: Close weekly below 0.00000190.
Capital allocation: <15%.
ACCEPT CHANGE & GROW
When life has a challenge which is a pattern that goes and goes.
The same pattern repeats, you are clear of your path but the feeling to take action is already gone.
You might get confused, why is it different this time, what to do, what to say?
The questions are always irrelevant, they create the spark to generate the answers for you today.
Should I repeat the same pattern, should I help instead of move on?
Make sure to meditate before taking any action...
And remember... whatever happens... Just accept change and grow.