TRX/BTC FutureHello Friends,
Here is an easy chart to read. As you can see all three patterns are bullish as is the weekly RSI is in the bounce zone. All looking positive!
Giving the fact that BTC is in correction for the moment, ALTS will become more active. So I think we are ready for a bullish move forward.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Tronbtc
Tron (TRX/BTC)(Binance) Buy 0.00000437 BTC > 0.00000857 BTCTron (TRX/BTC)
Information:
Considering a purchase for 2 reasons. 1) The graph on the left will mark the point of support from which the price has rebounded and the candle has closed higher. This support may affect the price reversal. 2) On the chart, as you see, the channel was painted in blue and it also coincided with the zone where the throne is now. Two events suggest that a reversal may take place, but at the same time risks should be reduced and a short stop loss should be placed.
About stop loss:
Stop loss place at a minimum of candles.
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Buy = 0.00000437
Take Profit = 0.00000857
Stop Loss = 0.00000415
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Take Profit = +96.20%
Stop Loss = -5.12%
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Profit:Risk = 18.8 : 1
TRX (Tron) Breakout Soon..!!#TRXBTC (Binance)
Looking Stable & Bullish On This Support..
So Keep An EYE On It.
Buying Zone Above Support Zone..
Sell Target For Midterm Is 740 Sats
Stop Loss Below Support AREA..
Introduction...!!
TRON (TRX) strives to build the future of a truly decentralized internet and global free content entertainment system that utilizes blockchain technology. The TRON Protocol represents the architecture of an operating system based on the blockchain which could enable developers to create smart contracts and decentralized applications, freely publish, own, and store data and other content. According to the TRON Foundation, the ecosystem surrounding this network specializes in offering massive scalability and consistent reliability capable of processing transactions at a high rate via high-throughput computing.
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TRON Bullish Divergence Spotted!!! Time To Go Long? Lets See!Hello readers,
Recently, I spotted a bullish divergence in the money flow indicator for TRX, indicating new money is now coming into the coin.
This is a possible long. We will be using Bitmex to long the TRX derivative, TRXM19.
Trade Instructions:
Trade: LONG TRXM19
Current Price: 0.00000513
Time Frame: 4 hour
Leverage: 10x
Buy in: 0.00000513 - 0.00000510 - 0.00000508
Take Profits:
1. 0.00000519
2. 0.00000522
3. 0.00000525
4. 0.00000529
Stop Loss: 0.00000488
Estimated Liquidation Price: 0.00000475
Profit Potential: 31.19% ROE
Capital Allocation: <4%
If you appreciate these trades, feel free to leave a like!
-Shaggad
Tron UpdateJust a quick short term trade, no fibs used, no EMA, simple trend lines in the 2 hour.
Red lines - resistance
Green Lines - Support
Wider the line, stronger the support/resistance.
Chart consists of 2 weeks worth of moves. Do not use as advice. I'm using this to monitor for an expected breakout between now and April 25th.
TRON Decision Time!Hi everyone, let's get into TRON.
First of all, there is a lot of noise surrounding TRON. We had the tesla giveaway bullshit scam rumors and more. Just look at the charts they've got all the stories you need to make money!
So what is the chart telling us? We are currently testing 0.61 overhead resistance of a big triangle. After confirming support on the golden ratio (0.618) twice its been consolidating for the last month. We've made an entry on the second test of the $0.02145 zone. On the daily chart, there is also an inverted head and shoulders which is a bullish sign.
We are currently at critical resistance on almost all coins so if BTC breaks its resistance I would take the high-risk entry with a tight stop! If it gets rejected and moves sideways again I would consider the entry box on the chart. And if BTC gets rejected hard it could be a big dump and drag TRON down with it.
High-Risk Entry: Current prices.
Entry Box: 0.0234-0.0240
STOP: 0.022178
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Good luck!
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And as always do your own research!
TRX/BTC, bullish divergence (RSI)Hi everyone,
My last analysis on TRX (Tron), one of the biggest project in the crypto world was few months ago (check the link below in the relative idea).
In this one, I talked about a potential run with 250% profit. This run has ended around 850 sats, and then Tron looks found a good support at 570 sats (570 sats was a the previous resistance).
I found a RSI bullish divergence, with a potential bullflag. This bullflag could end this week with a pump toward 660 sats as first target, then 700 sats. From this chart, I drew the next potential daily candles and realized this projection.
Thanks for your time,
Anthony.
I Nailed The Bottom AND The Top of TRX - Where To Now?Alrighty, it's finally time for a Tron (TRX) update. Things have been quiet on that front for a while (which is what happens during hype cycles). TRX is still one of the better performing altcoins during the bear market, no doubt about it. If you recall, I did indeed call the potential breakout WELL IN ADVANCE, as well as the likely top of the last cycle. No need to go into specifics there. My previous analyses on this pairing are linked at bottom.
As of right now, we've found solid horizontal support in the first area I was looking at for a bounce. We did get rejected off this zone, but there hasn't been much follow through yet. If TRX can get some good news and get BACK above its recently broken blue uptrend, then the correction likely has ended.
HOWEVER, during Tron's previous correction, RSI stagnated for quite a while in this current range. Additionally, the ultimate oscillator has not touched bottom again. This leads me to believe that if we can't get back above our uptrend soon, TRX will have to correct further to the next diagonal support (also in blue). This would put us between the 430 and 450 level. 430 was the MAJOR resistance we broke that allowed us to go on our run, so that should act as very strong support now.
In summary: A sustained break below 550 would mean a deeper retrace towards 450, while a sustained bounce at current levels back above our uptrend would indicate that we can try to test the 700-800 level again.
This is not financial advice. I do this for a hobby and educational purposes only.
-Victor Cobra
TRON and the shy 100 MA signal Trading Analysis (TA)TRON and the shy 100 MA signal Trading Analysis (TA)
1W Chart, TRON (TRX) on December 17 2018, on the begining of the formation of its 100 MA signal was able to cross it steadily heading north until January 21 2019 when exhausted of his rising journey started to deflate until today, when is facing the 100 MA signal again but from above, if the signal is strong enough could make it bounce back north, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is around the 129B. Good Luck!
1W Chart, TRON (TRX) el 17 de diciembre de 2018, al comienzo de la formación de su señal de 100 MA, pudo cruzarla moviéndose de manera constante hacia el norte hasta el 21 de enero de 2019 cuando se agotó en su viaje ascendente y comenzó a desinflarse hasta hoy, cuando se enfrenta a la señal de 100 MA nuevamente, pero desde arriba, si la señal es lo suficientemente fuerte podría hacer que rebote nuevamente hacia el norte, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento, el Market Cap está alrededor de los 129B. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.