TRON TRX - Jan 31 Technical Analysis - Long Term Projections and Laddering Example
Tron Long Term - Lots of Potential - YOU MUST EXERCISE EXTREME PATIENCE AS THIS IS NOT A SHORT TERM PLAY
We see TRX level off between the 0.618 and 0.786 fib retracement regions.
These are the price points I will ladder my buys, near 516, 473, and 246 satoshi ranges.
If we average out the price with laddering techniques, we can see this:
I am personally comfortable holding TRX long term and this play is not for everyone. I see potential for some massive gains in this coin once development is progressed and another wave catches on with further news / driving factors.
Long term projection stands for TRX.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
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Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
60 dollars for about 1100 coins. I can do that and see if it ever goes some place after the fiasco of copying the white paper of other coins. or what other reason is there for it to be at $.05 ?? poor people that invested on this. but in my opinion new coins always dump. however I want 1k or 2k of each coin because I think that one day I will get up and see some money. and for me it is only 60 bucks
Awesome man !!! This is the coin to invest...for long
I agree. Let's look back at this post one day :)
Great info as usual !
Thanks for the update! You said $0.53 for TRX you meant $0.053. HODL!! and buy more at this low ;)
Indeed your videos are really helpful.
Awesome job lad !
I feel like tron will eventually do good due to all the marketing behind it and the volume it gets every day. I'm sure almost everyone knows about this coin and when it starts mooning, the crowd will fomo in. That 30 cent run was historical and I like to think history repeats itself.
I firmly believe cryptocurrency will have the biggest market in the history of mankind and nothing will stop it. I agree with you! Let's ride this.
Great analysis bud! Thank you very much!
You rock buddy
Cool! Have a look at this please.... sharing the love.... https://steemit.com/cryprocurrency/@dabird444/want-to-learn-crypto-trading-from-someone-i-learn-from-every-day