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TRON

TRON (TRX); Waiting On A DipAlways when I am searching for a setup, the most important to me is that I focus on clear path. But what is actually a clear pattern? For me that's the structure where I recognize the direction and the Elliott wave pattern in the first minute after I open a price chart. And sometimes we will have to scan a lot of markets to find any good path. Well, today I stopped at TRON (TRX), where I see a nice rally away from June low, in five waves, so the current reversal down is normal and will ideally unfold in three waves. Wave c projection is at 0.06-0.08 area where I will pay a close attention to a potential bounce and opportunity on the long side while 0.046 is in place. Will it come down to that level? Well, I do not care, and I know what to look for if it will. If not, I just ignore and move on. Alerts are on. Grega
KRAKEN:TRXUSD
by ew-forecast
2
Tron vs Bitcoin Chart Analysis (TRXBTC #10)We are ending this series with Tron vs Bitcoin, TRXBTC. We shared an article on October 14 where I promised to do chart analysis on the TOP10 altcoins mentioned in the comments section, we ended up doing 20. I will publish the full list tomorrow and we will have another round but with different settings. TRONBTC is now bouncing off support as can be clearly seen on the chart and we also have a volume breakout today; the highest trading volume since Mid-September. We have a lower low on the MACD with a bullish cross. TRXBTC is showing a higher low and we call this hidden bullish divergence: The path is clearly shown here and the targets are marked on the chart. Based on these signals, I believe Tron is about to move higher vs Bitcoin, also vs Tether (USDT). I'll give you some time to read and enjoy now... I'll be back tomorrow with so much more. I hope you enjoyed the articles... I am enjoying your continued support. Namaste.
Long
by AlanSantana
4
Tron vs Tether Chart Analysis (TRXUSDT #6)You know how I keep on repeating that all of the USDT altcoin pairs charts look the same, some are simply ahead or behind in a certain pattern. Here is TRXUSDT, this looks like the Bitcoin (BTCUSD) chart or many of the Altcoins we look at and trade. Notice that on 7-Sept. there is a strong drop. Notice the correction from May to July and the bullish wave that followed. Now we have consolidation, above-average volume coming in with bullish indicators. Bitcoin went ahead, many of the smaller altcoin trading pairs we trade went ahead... Tron (TRX) will also join the party and move as well. That's my take from looking at this chart and also the overall market. Enjoy. Namaste.
Long
by AlanSantana
2
TRON (TRX) - October 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSD 1W Chart) - Mid-Long-Term Perspective Above the 0.03074453-0.04413840 section: expected to continue upward trend (1D chart) Resistance section: 0.11243825-0.12543392 First support section: near point 0.08644692 Second support section: 0.04745992-0.06045559 You need to keep the price in the 0.08644692-0.11243825 section to see if you can break out of the downtrend line. If the price is maintained above the 0.10168507 point, it is expected to move towards resistance. A move above the resistance zone is expected to accelerate the uptrend. If a decline occurs in the first support zone, a short-term stop loss is required as it may move down to the second support zone. However, you can touch near the 0.07500028 point and rise, so you need to think about how to deal with it. On the CCI-RC indicator, the CCI line is attempting to rise above the +100 point. If the CCI and EMA lines move higher than the +100 point, the uptrend is expected to accelerate. ------------------------------------------ (TRXBTC 1W Chart) - Mid-Long-Term Perspective Over the 259 Satoshi-318 Satoshi section: It is expected to create a new wave. (1D chart) It is necessary to check whether there is any movement that deviates from the 114 Satoshi-207 Satoshi section. However, if it falls from the 154 Satoshi point, it can touch the 114 Satoshi point, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BINANCE:TRXUSD
by readCrypto
Tron TRXUSD - Elliott wave + Massive channel!- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Huge bullish volume is also one of the positive signs! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:TRXUSDLong
by UnknownUnicorn2537518
14