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Tronbtc

TRX/BTC - Buying OpportunityObjectively: - Tron is moving inside this big triangle; - RSI Oversold; - We're at an important support since mar18; - Tron is one of the biggest; - If price stays above 0,00000311 then we have a confirmation; - if you want to be more conservative you can manage your entry above 0,00000431 (red line); Targets: 1. 0.00000430 2. 0.00000572 3. 0.00000623 Stop: 0.00000277 *** Manage your stop according to your risk management. This is not financial advice.
Long
by LuanCeli
TRX/BTC: A Gamble with Huge RewardIts not one hundred percent, but this really does look like a continuation inverse head and shoulder pattern, everything matches in terms of volume and shape of the graph. The price objective if the inverse head and shoulders were to break upwards would be 1249 satoshis which can be seen in the purple arrow. In addition there is major support around 300 satochis, the risk/reward on this would be insane, so if one were to invest close to 300 satoshis, there would be extraordinary lower risk for the possible reward. Bitcoin has been a tank lately, powering through everything, so its highly probable that Bitcoin will just steam roll through Tronix despite everything. Continuation Inverse Head And shoulder: 1.) The general shape and volume match those of an inverse head and shoulder, it can be seen that volume is decreasing throughout the movement and there is a lot less volatility on the right shoulder suggesting possible accumulation. 2.) Using the Moving average convergence divergence (MACD), it can be seen that during the head portion of the last move, as the weekly moving averages converged and had a bullish cross, there was huge upside potential in tronix. 3.) Also, using the stochastic, there were two bullish crosses that occurred in this move, the second one was a significant divergence. (It could be argued that since the divergence isn't as large on the right shoulder when compared to the head, there will not be as much upside potential as well) However, for something like this to occur, bitcoin would either need to be stagnant while tronix pushes up, maintains its price while BTC drops in price, or increases faster than bitcoin. This is possible, but I don't think it is highly likely, thus, I do believe this is a gamble.
by CuddlyCuddles
Is TRX looking good ? (TRON/BTC) I would wait until we clearly exit this descending channel, if I wanted a really safe trade. But if we want to maximise profits, I'd look at divergences in the indicators. RSI is not looking too overbought, so it's a good sign for buyers. And look how the rsi is looking up just now. My Parabolic SAR indicator reverse a few days ago, had a pullback, but it's looking like bouncing on this support being created. On the 4 hours chart, a nice ascending channel is forming. With last's week price action, it made a solid triple bottom. Another indicator that I find super strong is the combo of Donchian channels and Tilson T3 line. And finally, as a counter argument to all these bullish indicators, I'd keep an eye on Bitcoin which is showing a huge Head and Shoulders, and we know that when Bitcoin collapses, alts tend to collapse aswell, we'll see. As a last word, I want to say that TA cannot predict the future. It's a game of probabilities and hopes of the past repeating himself. I specialize in automated strategies, so my TA may not be very good, but someone requested BINANCE:TRXBTC analysis so there you go. Indicators used:
by cyatophilum
TRONHello fans of TRON project  The CEO of this project deserves respect, it seems to me that he can be given the title of the best crypto-marketer of the year. He continues to make his community and crypto community his statements and results I have information about USDT on the Tron blockchain. It should not affect the price of the throne. But knowing the abilities of the CEO and how to create the hype around this. Technical analysis We have support zone at 300 sat zone, after we touch this level TRXBTC star to growing and now we moving in downtrend yellow channel. Im sure we will break out this channel and go to the 50-61% levels fibonacci also this is resistance line of global triangle, this is my target
Long
by EXCAVO
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