TRON (TRX): A Primary & an Alternate

[haejin]

SUMMARY

The very long symmetrical triangles in both price and MACD for Tron (TRX/USD) differ mostly in the fact that the price has broken out but MACD has not yet. This is bullish. Once MACD does breach and breakout of its symmetrical triangle, price can potentially go wild.

The alternate would be more of a non-vertical incline as shown by the saucer pattern. But, prior behavior of vertical ascent makes this scenario a clear alternate.

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?

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Comments

[healthiswealth]

[sandmans]

thank you

[masterbot]

Thank you

[tokyoin]

VOL - TRON!!!

[bitcoincompany]

hey haejin can you make your story about adbank

[ontheverge]

@haejin, can you make a long-term update on RChain?

[rososhow]

Most of us would like tron to moon. I need to buy before it does.

[kitkat16]

sorry is the EW count you gave for the alternate or primary path? (wasn't sure)
Thanks for the update!

[mamun123456]

Thanks for sharing your excellent cryptocurrency and blockchain money post I really appreciate. thanks again and I resteem your excellent post. @haejin

[kamran600]

Tron is a good crytocurrency..i think 2018 tron is reach 5$

[seungjoon]

I think so~ it will go up dramatically :)

[epitt925]

Thanks Mr. Haejin.
Could I translate your posting and post on Korean tag?
I think many Korean would appreciate it, if you allowed me to do.
Anyway take care of yourself and have a great day~

[dkalita123]

Please write an update on NCASH/BTC . many thanks

[starlordman]

More for LTC!!!! Don’t forget LTC. 😀

[bakir]

thanks

[flox86]

thank you

[dunndeegan]

I hope you like this chart Haejin. Thanks for your contributions to the community.

[seungjoon]

i'm waiting 2nd wave~

[haggislove]

hilarious, tron dropped like a bomb now.