Crypto Contest January 10: TRON
TRON (Binance: TRXUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, TRON began a wave one advance in November 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, TRON should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
TRON is dedicated to building the infrastructure for a truly decentralized Internet. Dallas Rushing reviewed the coin in October 2018.
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "TRON will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "TRON will drop below the November 2018 low".
If you think TRON is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "TRON will stay in a trading range between the November 2018 low and the April 2018 peak until February 14".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST January 13 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
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Published by Maarnio
on
TRON will takeout the April 2018 peak (10 voters as of 3 PM EST January 13: bleujay, bentleycapital, steemquestions, diana.feuerberg, steemit.nemesis, novus-locus, crokkon, lydon.sipe, ace108, reconnectnature).
TRON will takeout the April 2018 peak
Posted using Partiko iOS
TRON will stay in a trading range between the November 2018 low and the April 2018 peak until February 14 (14 voters as of 3 PM EST January 13: gregory-f, mellofello, allyouneedtoknow, vicspics, sbcbot, steem-d-anlovnit, toofasteddie, tzap90, fullcoverbetting, mgood, diogosantos, richard78624, simonjay, kunschj).
You won. Paid out from @maarnio1
TRON will drop below the November 2018 low (4 voters as of 3 PM EST January 13: sqlinsix, freiheit50, skepticology, galasek).
TRON is a very controversial coin, but they keep doing their things!
TRON is a very
Controversial coin, but they
Keep doing their things!
- diogosantos
I'm a bot. I detect haiku.
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