Tron ( TRX ) is moving and it is moving with good momentum.
- Looking at the 4 hours chart, we can see that Tron took off and is already trading above the EMA100 and EMA50 lines, this is a positive development and a signal.
- We have a crossover on the .
- The is on the side and trending up.
- Both the and DMI are also / trending .
Get ready for action and visit my other Tron ( TRX ) trade ideas for targets, trade instructions and additional information.
My profile here: https://www.tradingview.com/u/alanmasters/
Thanks a lot for reading this article...
Thanks a lot for the amazing support.
I will also update the targets there if it is necessary.
Click on the image below for my main Tron trade:
Thanks for the amazing comments and support... Highly appreciated.
- TronVM v.0.1 (25 May). TronVM v.0.1 will be launched May 25. This version of TronVM uses a VM adpater that will enable complete compatibility with the ETH VM.
- Mainnet Launch (31 May). The launch date of main net will be advanced form July 1st to May 31st.
- Migration from ERC20 (21 June). The migration from ERC20 tokens to TRX, the cryptocurrency on Tron’s public blockchain, will begin on June 21,2018 (GMT+8).
Please allow time for this trade to develop.
We have plenty of room left available for growth on the 4h, 1d + 1w time frame charts. So don't worry about the short term swings, focus on the longer term potential to move up.
Just allow time for this trade to develop. Once we start to hit our targets, we start selling... That's all it takes... and sell before the news of course.
Tron (TRX) needs momentum if it wants to break up.
We are looking good overall, but we need to wait longer for the take off.
We have the mainnet launch, this breakout can be a real one and if it is, then we will see a huge increase in price.