TRON - Parabolic Breakout?Tron appears to be respecting a parabolic curve and we are approaching 2 significant areas of interest, as shown in the chart.
Trade idea:
- Watch for a strong breakout above the parabolic curve
- enter with stops below the most recent price rejection
- target recent highs as first target and continue holding until there's strong price rejection
Goodluck
TRON
TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price.
$TRON $TRX
Is Tron on the edge of making a big move?TRC20, a protocol based on Tron, is being used frequently by cryptocurrency activists because of the very low fees on the transactions. Meanwhile, Tron didn't have any significant move in the last 2 years. On the weekly chart in pair with bitcoin Tron has developed a symmetrical triangle. If it breaks out of the triangle upward it can make a leg up to 0.000007. The next targets for bullish scenario are 0.00002047 and 0.00005759.
Tron Price Analysis — December 17TRX maintained a bearish trajectory on Friday, as the price nears its last week’s low of $0.0790. The bearish sentiment comes amid a persistent marketwide sell-off that has plagued the industry for several weeks. Bearish trading volume on TRX remains on the high side, indicating that we could see a bearish break below my descending tripwire. While significantly unlikely, a defense of the $0.0800 line by bulls over the coming hours could stall the bearish momentum allowing bulls enough time to reassemble and push for the $0.0900 mark.
Meanwhile, our resistance levels are $0.0850, $0.0900, and $0.0950, and our support levels are $0.0780, $0.0760, and $0.0740.
Total Market Capitalization: $2.15 trillion
Tron Market Capitalization: $8.21 billion
Tron Dominance: 0.38%
Market Rank: #24
MULTI YEAR CUP AND HANDLE! Breakout Coming TARGET $3+ HOLD ON!Tron and many other older cryptos are in this massive multi year cup and handle. TRON looks like it will hit around $3 or more on this run before correcting and consolidating. This is a good possible buy in opportunity at these levels. Good luck and happy trading.
This is not financial or trading advice just my opinion. If you like my ideas then give me a like and a comment and follow me for more frequent updates. Also if you have a chart you would like me to look at then let me know. Thank you.
TRON Stop Hunt / Bottom of TR / Bull Flag / DailyThe current market phase is trading range and as always saying, buy low and sell high in trading range.
After touching the top of trading range and stop hunt of retail traders, price kept falling to the bottom of TR.
Again another stop hunt at bottom of trading range.
I myself see all this stop hunts as failed BO. 80% of trading range breakout attempts fail as you see.
Stop hunt >> Bottom of Trading Range >> Descending Channel ( Bull Flag ) >> So higher prices expected if the whole crypto market sentiment remains positive.
If bears push price lower, support zones are marked up.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
BTTUSDT Christmas PresentTake a look at the 50 and 200 MA. During the consolidation, the 50 failed to cross above the 200. However, the 200 was in an upward movement. This time around, the 200 has taken a turn for the downside while the 50 looks to pop upward. In the triangle, the consolidation period looks to end right at Christmas time. If we have a 50/200 crossover, and a breakout of the triangle, I am bullish AF. Although I already am.
Long Term Target 1: $.014
Target 2: $.022
$BTT/USDT 3D (Binance Spot) Big bull pennant breakout and retestBitTorrent is holding above 100EMA support and is finally showing some bullish pattern on macro view.
That Tron / BSC token is focused on Filesharing and Storage, more info on www.bittorrent.com
Risk/Reward= 1:3 | 1:7.42 | 1:13.9
Expected Profit= +93.61% | +231.93% | +434.28%
Possible Loss= -31.24%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 6 months
TRON10: 1002000
BEP20: 0x8595f9da7b868b1822194faed312235e43007b49
⚡️⚡️ #BTT/USDT ⚡️⚡️
Exchanges: Bittrex, KuCoin, Huobi.pro, Binance
Signal Type: Regular (Long)
Entry Zone:
0.003573 - 0.002873
Take-Profit Targets:
1) 0.006240
2) 0.010698
3) 0.017220
Stop Targets:
1) 0.002216