TRON
$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
MY MINIMALIST CHART ANALYSIS FOR TRON
$TRX
12.04.21
0608H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT: Done with BEAR TRAP, and now must go back to recent support before the BIG PUSH UPWARDS.
LOOKING FOR THE BEST ENTRY to a SWING TRADE.
We are now looking at a NEW ENTRY POINT in which the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for the final accumulation and distribution and then the COILING of THE MARKET.
The previous SWING ended pretty well with amazing profitability.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
TRXUSDT 4HHi everyone
The price of TRX is ready to record higher ceilings
The $ 0.10 resistance level is the first hurdle it faces
If buying pressure continues to rise, investors can expect to try again at $ 0.11 and $ 0.12.
Prices are required to stabilize above $ 0.92 to maintain buying pressure Is
Failure to maintain the price above the support puts the price on a downward trend in the area of daily demand, which ranges from $ 0.082 to $ 0.087
Buyers can return to the market as long as prices remain above this range
But with candle closing below the $ 0.082 level, the uptrend scenario will be nullified
Thankful
TRX (TRON) UpdateHi Traders,
Welcome to my update regarding TRON TRX technical analysis. As you can see we popped out of the down trend with a nice bullish run. The technical pattern that broke out was a falling wedge idea. In this trade I took 50% of my profit at the first target thus to give myself a better entry if we pulled back. Which as you can see in the chart we have came back down to the entry zone of the original breakout. After making a new local high and a new local higher low I have been given extra confidence that this trade will head to the second target area that I posted in the original trade. Therefore, I entered at the original breakout area giving myself an extra 40% profit potential on this specific trade.
Fell free to ask questions in the comments.
Have a green week!
Savvy
TRON preparing a parabolic rallyTRXUSD may be at the final accumulation phase before a strong Parabolic Rally. It is trading on a Golden Cross on the 1D time-frame since mid September but is under the Resistance of the Lower Highs trend-line that started on the April Top.
We can see almost the same sequence printed from September 03 2020 to January 30 2001. The price was at the time trading sideways, under the Lower Highs pressure but supported by the 1D MA200 (orange trend-line). When the Lower Highs trend-line broke and closed more than one 1D candles above it, a strong parabolic rally started.
The target of that rally was the 1.5 Fibonacci extension on the Channel pattern. Will that be the case this time around also?
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TRX Possible PathsTRX is suffering from a lack of confidence exacerbated by the news this week that eToro would be removing trading of TRX for US users. (www.etoro.com) If TRX successfully bounces in the next couple of days, it could reach 0.114 in the current channel in the next couple of months or 0.14 in the next quarter. The next major levels to watch are .067 with recovery to 0.88 and .041 with recovery to 0.058, but I think the lower bounce is very unlikely unless more bad news emerges around TRX.
An idea based on retrospective patternsHi every one , this idea is based on chart patterns in the past.
The bell arcs is possible routes where price could touch based on its movement in the past and is based on equal rise and fall in the past idea. although the whole scenario could occur in a rising or falling road map.
prediction at low points attained based on ATH point ray line to present high points and confirmed by bell arcs rise and fall equality.
predicted high point is attained by present high points ray line combined with a scaled chart pattern in the past and predicted low point mentioned above , and confirmed by bell arc.
any way this is just and idea. what do you think?
TRON - 2h TF AnalysisIn a 2-hour timeframe, The support of 0.097 is very important right now. If this support is strongly broken, then I expect it to drop to lower targets. In the $0.09 area, there is a possibility of reversing the trend. If you want to trade (Long or Short), check the price reactions in the ranges I have drawn.
TRONTron still in bullish scenario until now. Correction on support EMA 50 TF 1D, Support Trendline and Classic Support.
Correction happen after price touch fibonacci 0.618 on price 0.12867 (swing high to swing low).
Based on fibonacci -0.272 and -0.618 target price around 0.14329 and 0.16780 (swing low to swing high). Wait for confirmation before take position.