Tronbtc
TRON: SHORTTRON more reasons not to buy...
No trend reversal based on Hull Moving Average analysis.
3 month support is broken.
Due to the young age of the project and exponential MC growth, the coin hasn't yet developed 'strong' support zones.
DMI indicator is not yet topped out;
Therefore expecting more downward price pressure.
Wave trend analysis is still pointing downward.
Being 'bottomed' doesn't signal a price-trend reversal.
Best,
Bavo
LONG TRX/BTC - Easy Profit?MACD seems to turn bullish.
TSI is neutral but could turn bearish if it hits upper levels.
Take Profit: 80% if it hits 200 EMA, let the 20% ride. If it hits upper canal of TSI sell 100% right away.
Stop Loss: Break of previous support
Lets be real, tron is a shitty project, fundamentals doesnt matter in this case!
TRXBTC DEATHCROSS 3D !!!
TRXBTC struggling..is a problem with this coin because soon(in max 3 days) a huge deathcross at 3D timeframe will be happen , buy volume going down so nobody want to buy this coin now,stoch bearish also it s confirmed.
Watch it closely at support lines,after this deathcross we will have a good long oportunity for 29 december(open source platform launch) and also main etf hype.
Nothing much to say..just be patient and wait.
Supports for LONG ENTRY: 303-287-261
The Dragon. Tron Long Formation. EducationalHello Traders
We seem to have a Dragon formation forming on Tron. This is forming.
"The Dragon pattern is similar to the ‘W’ pattern or the ‘Double Bottom’ pattern with a few different trading rules and targets. Inverse Dragon patterns are similar to ‘M’ pattern. Dragon patterns usually form at market bottoms. Dragon patterns work in all timeframes and in all market instruments. Like most ‘Double Bottom’ patterns, Dragon patterns present excellent trading opportunities with low risk to reward ratios. The Dragon pattern starts with a ‘Head’ formation and price declines from the head level to form two legs of the Dragon. These two legs usually form within 5% to 10% of the price difference. The second leg has a strong indication of reversal as it posts a key reversal bar or a divergence in any oscillator indicators. A spike in volume usually follows the price rise of the second leg. A trend line is drawn connecting the head of the Dragon to the hump. When price closes above the trend line and is confirmed by price action or divergence in any oscillator, it signals a reversal.The second confirmation of the Dragon pattern occurs when the price closes above the hump, which is 38% to 50% of the range or the Swing High/Low between the two Dragon legs (or peaks for Inverse Dragon) from head to the low of the first leg."
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Bearish TRX soon to reverse after bear flagHello! Tron getting ready to make a move down through the base of the bearflag trendline to our approximate support at 200 sats. Hodlers begin panic selling, and investors begin accumulating for a run up to 550 sats in 2019 as indicated on the cross of the 0.618 fibs (diagonal and horizontal) in the chart above.
Thanks for reading, I'm sure I'll be updating this idea in the future!
Original idea by Tom
TRX TRON - BUY SignalTRON reaches 1 million daily transactions! Hoping for some free press ;)
- Target 1: ~384 satoshi
- Target 2: ~409 satoshi
Higher targets are also labeled...
- Stop @ ~359 satoshi
- MACD is looking interesting...
- Hoping this market shows some upward momentum
Watching this for the next couple of days - week!
Reduce the risk. Analytics TRON / BTCBUY: -
SELL: -
STOP-LOSS: 0.00000357
Support: 0.00000358
Resistance: -
On November 6, the asset tested the resistance line 0.00000382, failing to break it up. The price changes its direction. To reduce the risks of this transaction, there are two options:
Close the deal at a price close to 0.00000370, taking profit
Move the stop loss to the level of 0.00000357 (when triggered, the deal will close with a profit), and we expect a possible break through the resistance level.
TRX/BTC potential 15% run after retesting the pivotIf this is it for this local move up, we should be getting the retracement to the red pivot line which should now be a support, which falls right onto the .705 retracement for additional confluence.
If we bounce from there TRX should be targeting at least the 390 level previous high and try to break it, in which case the next target would be 429, but if not, it would signal a weakness.
Original idea by Svarog
TRX are ready for another move upTRX have the last few weeks been in a upwards trend and I think it has bottom out now between the 280 - 350, as we can see on the volume it shows that the past 3 weeks has been very low on both sides, I therefor see this as a strong buy signal since the sellers volume also are low.
I expect the bulls to come slowly over the next few weeks and that will also bring more volume back to the coin.
MACD and RSI on weekly showing strongly buy signals and we also have support on the 50 days ema on the shorter time frame like 4hours.
I did entry yesterday on 350 and this time I dont want to setup a close stoplose becouse im now starting to accumuliate TRX for the long run. Im just buying more if it falls deeper again.
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WILL TRON (TRXBTC) STAY IN ITS BULL CHANNEL?Hello guys I'm doing weekly analyses on the top 10 marketcap cryptocurrencies. Here is for TRXBTC.
First I received an email from my Crypto Trader 1H for a long signal. You can see the backtest results from the indicator on the year 2018 down below.
Then I looked at the 1D chart and this call makes sense since we are reaching the support line of our bull parallel channel just recently.
I will update the idea to see how it went (target or stop reached).
That's all for today. I might update this idea in the next days so you should follow me if you don't want to miss it.
Feel free to comment your opinion and thoughts !
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Tron breaks long-term resistance finally?After 2 months sideaway, Tron aims breaking a long-term resistance i.e 100-Day MA. It failed 3 times in october.But breakout will be accomplished soon. Why?
1. A strong support i.e 20-Day MA (mid line of boolinger band) is extremely near to resistance now and price must decide to break one of them. which lines is stronger? I think support (green line) will be winner and price jump nice.
2. Justin Sun (Tron's founder) proved that he is a strong hyper. He knows when and how tweet and help technical to make a bullish movement. I think sun will play his important role once again.