Tronbtc
TRON (TRX/USD) Is Almost Ready To Break The Trendline!As almost all the altcoins TRON' hasn't made any significant movements lately. The last push upwards brought us above the 50 and 100 EMA's and 200 EMA is slightly above the current price.
TRX' has a great potential to go upwards if it breaks above the trendline which is pulled from June 19.
This trendline has several touches and plays a pretty significant role in further TRON price. If the market and if TRX' finds that power to push through the trendline then there are some levels above us but not so significant and it's easier to climb higher. In the short-term (since Sept. 12) it has made nice higher lows which give us an opportunity to draw the counter trendline and if it holds the price then the chance to break through is pretty high and the target would be around $0.0275 (the green box)
If the market doesn't catch the upward momentum and if TRON makes a breakout downwards from the counter trendline then it would be a bad sign. Because this level has held us pretty consistently and if we break down then it will break that market structure and the bears take control over the bulls! The supports are on the image, marked with red boxes and bulled from important previous support areas!
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Best regards!
Tron is on the verge and more like to move up.....Be Prepared All the Top 20 Alts chart looks the same.
Reasons for Long :-
I am expecting a big news from Justin Sun. After the torrent giant acquisition TRX has not shown any substantial movement.
Daily Chart is showing that we are going to test the red channel zone.
It happened with XRP, then BCH....maybe the next will TRX
On the other side we can move to green zone.
In longer time frame, TRX/BTC have found the bottom/near bottom.
Price cannot fall below 0.00000269 BTC.
I m in at 0.00000334 BTC.......meet u on the other side of moon.
A trading opportunity to buy in TRXBTCTechnical analysis:
Tron/Bitcoin is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 39.
The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000305 to 0.00000260), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000305)
Ending of entry zone (0.00000260)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000352
TP2= @ 0.00000386
TP3= @ 0.00000440
TP4= @ 0.00000485
TP5= @ 0.00000552
TP6= @ 0.00000643
TP7= @ 0.00000735
TP8= @ 0.00000864
TP9= @ 0.00001028
TP10= Free
A trading opportunity to buy in TRXBTCTechnical analysis:
Tron/Bitcoin is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 39.
The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000305 to 0.00000260), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000305)
Ending of entry zone (0.00000260)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000352
TP2= @ 0.00000386
TP3= @ 0.00000440
TP4= @ 0.00000485
TP5= @ 0.00000552
TP6= @ 0.00000643
TP7= @ 0.00000735
TP8= @ 0.00000864
TP9= @ 0.00001028
TP10= Free
TRXBTC: RSI, HMA Takashi Bow analysis -> longHello,
below I see a favorable setup for TRXBTC for the short term.
This is a follow up from my previous TRXBTC analysis that I've post earlier.
1. Takashi bow signals a buy signal (takashiclub.com)
2. The daily closed significant above 80 Hull moving average (HMA) this signals a mid term change in direction of the trend
3. The tradingpair stayed for a relative long period in this overbought zone. The RSI left the overbought zone now aggressively
4. TRXBTC left the downward Channel established since June. As you notice the last weeks the pair had a lot resistance in order to left the channel. Afterwards TRXBTC confirmed the bottom and seems now ready for a more powerfull short-mid term breakout.
The 38% and 61% fibonacci zones are good target zones to take partial profit in my opinion
Attention BTC is currently at a resistance and can retrace a bit. Later it can continue it's short term run towards the 7K levels before getting potentially rejected at 200 MA again or at the established downtrend since mars as I noted in previous BTC analysis's.
A potential BTC rejection would most probably take away the momentum out of our TRXBTC trading pair.
I'm looking forward to your feedback.
keep in mind: no financial advise.
Is $TRX the next big pump? Let me show you what I see!Tron is one of those coins that I will always hold close to my heart. In fact, it is the coin that gave me tremendous profits in January 2018 that I ended up putting towards my wife’s dream house that I bought her.
Tron found support and put in a higher low at .00000273, if bullish momentum continues, I can see TRX breaking 500 sats.
How I plan to trade TRX:
Buy: .00000311-.00000325
Sell: .00000505
Stop: .00000269
RR: 4.2
**Please Note** This sell target is very conservative. If Tron takes off like XRP did, we can expect it to go as high as .00000772-.00000910. So remember to take some profit and always let the rest ride and just keep on tightening your stop loss.
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest. If you found this chart helpful, please give it a like and follow me on Twitter @omegatrader101.
Thank you,
Mike, the OMEGA Trader
TRON struggling near the double resistance As many other altcoins, TRON has been creating series of lower highs and lower lows since May 2018. This series was interrupted in mid-August once the 8-month low was made. The low prompted the coin to make a bounce, although a shallow bounce. The price returned again to re-test the lows and it bounced again. However, the price is still trading below the horizontal resistance line, trend line connecting recent swing highs as well as 100 and 200 DMA. In the previous days, the price failed again at the confluence of resistance as the pressure on bulls gets bigger. At this stage, we expect a drop in price to test the lows again with high chances of a break to the downside.
LONG [TRXBTC] TRON The Bull Is Next [700% PP]Trade instructions for Alan Masters followers, readers and supporters
Buy in:
(1) 0.00000311 - 325
(2) 0.00000291
Targets for Alan Masters Trades supporters
(1) 0.00000430
(2) 0.00000546
(3) 0.00000635
Stop loss: Close weekly below 0.00000270.
Next support: 0.00000259.
Raise stop loss above buy in after we hit our first target.
Capital allocation: 5-10%.
Time: 1-3 months.
A TIME FOR RELAXATION (CALM BEFORE THE STORM) (Sept.5 - 2018)
You can move, you can rush.
You can hurry and even go nuts.
You can jump up and down, go wild, work hard and go at it again.
But there is always a strong pause, relaxation, deep breathing, contemplation... before we hit play.
The calm before the storm is here once again.
Namaste.
TRX god bless america! soar high.this could be the end of the the C corrective wave with a nice double bottom. we could MAYBE pump up and get rejected at the trend line come back down and try a triple bottom. but this is playing out nicely. TRX has soooo much potential and has been labeled the ETH killer. remember this coin was created SEPTEMBER 2017! this coin has only had its first impulsive wave and first corrective wave. expect this one to be ONE OF THE TOP gainers in the next rally. this thing is ready to soar.
Tron vs Bitcoin - TRX Moon MissionHello traders today we take a look at TRX - Tron / BTC
Based on our EW count we can determine we are currently within Wave 3 of 5 within a Macro scale.
Subwaves show us we are just starting our sequence.
Our Midterm TP here is 430~ satoshis
Moon at 480 satoshis
Happy Trading and telegram link in BIO. V.I.P for September opens soon.
Tron (TRX) Expect a small rally when we touch 300. Ideal short.Tron has been doing relatively well compared to its competitor, Ethereum, but due to the correlation cryptocurrency markets have, Tron will likely also break the support zone and hit an all time low since the altcoin rally.
Currently we have been getting bullish divergences so expect a rally once we touch below 300 satoshis. Short the top of the rally and expect a 30% return on investment in the coming months. This is assuming Bitcoin drops below 6000 which will likely occur.
It is very obvious right now the start of capitulation is beginning with coins such as Ethereum warning us. If Bitcoin drops below 6000 for good and enters a true bear market, it is easy to predict coins like Tron will suffer greatly.
Therefore, we may short Tron.
Short area:
300 satoshis
Take profit:
224 satoshi level.
Thanks for viewing! I have been updated Tron for a long time and felt I should make an update. I believe Tron is a very good coin to buy and hold, and if Justin is smart, he will already have accumulated a ton of cash. Unfortunately I am unable to see the balance sheets so all this is speculation. However, the size of the company BitTorrent (employees) suggests it is worth over 100 million. Justin is also buying the cash/liquid assets of the company as well.
TRON (TRX/USD) Completing a Pattern On The Strong Area!First of all, this is not the signal! We need to get some confirmations if we want to see a bounce from the current area!
At the moment, TRON' is on the strong area which was a support before we started some 'rally' upwards at the end of the August
and currently it completing a Chypher pattern on this price level which matching exactly with our support! Also, we have here a decent round number level $0.019.
To confirm the bounce we have to get a close above the $0.019 and then we have almost free "road" to go until to the $0.022! In this area, TRX' have some previous month lows and Fibonacci retracement levels 38%-50% (pulled from 28.08 to today!
So, the platform is a pretty nice but we need an extra confirmation from the round number breakout. Currently, it works as a resistance but we have to get a close above this to confirm our pattern bullishness!
Hopefully, those level and this analysis helped You out a little bit to confirm Your own analysis!
Please, don't forget to hit the LIKE button to support us!
Best regards!
[TRXBTC] TRON The Bull Is Next [700% PP]TRON (TRXBTC)... When it goes it goes. Last up wave for Tron (TRXBTC) we saw price increase from a low of 315 satoshis on March 18th, to a high of 1083 by April 30th. That's a whooping 343% increase in total, which translates into 240%+ net profits if you bought at the bottom.
Today Tron is in a similar spot.
On the weekly chart:
- Tron hit a low point on the 16th August @ 259 satoshis. From this low point, if we challenge the last peak on the next wave up, we are looking at a nice 300%+ profits potentials or over 400% earnings in total.
- As for Tron all time high, we have literally over 696% profits potential. I am already loaded on TRON for what is about to come...
Trade instructions for Alan Masters followers, readers and supporters
Buy in:
(1) 0.00000311 - 325
(2) 0.00000291
Next support: 0.00000259
Note: You can use capital management to buy in. If TRXBTC price goes down, it will find support at the level mentioned above.
Targets for Alan Masters Trades supporters
(1) 0.00000430
(2) 0.00000546
(3) 0.00000635
Stop loss: Close weekly below 0.00000270.
Capital allocation: 5-10%.
Time: 1-3 months.
A TIME FOR RELAXATION (CALM BEFORE THE STORM)
You can move, you can rush.
You can hurry and even go nuts.
You can jump up and down, go wild, work hard and go at it again.
But there is always a strong pause, relaxation, deep breathing, contemplation... before we hit play.
The calm before the storm is here once again.
Namaste.
TRON breaks out of the descending triangleAfter being trapped in the parallel channel for more than 8 months, TRON finally broke out of it. The move to the upside was not an impulsive one, but the price still trades comfortably outside of the channel. The consolidation took place and the price action has formed the descending triangle. The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. However, there are instances when descending triangles form as reversal patterns at the end of an uptrend, which is the case now. If the price closes below the triangle support tonight, it is expected to have the continuation to the downside in the coming days. A move to test the 61.8% Fibonacci support, coupled with the horizontal support line, will likely create enough support for the bulls to facilitate a rebound. A re-test of the broken channel is also an option, but in this case, the price may revisit the lows.
Tron (TRXBTC) Bullish Inverted Hammer on the WeeklyWe have a inverted hammer candlestick for Tron (TRXBTC) on the weekly time frame.
This candle is a bullish candle. You can read additional information below:
"The Inverted Hammer candlestick formation occurs mainly at the bottom of downtrends and can act as a warning of a potential reversal upward. It is important to note that the Inverted pattern is a warning of potential price change, not a signal, in and of itself, to buy.
inverted hammer candlestick chart pattern
The Inverted Hammer formation, just like the Shooting Star formation, is created when the open, low, and close are roughly the same price. Also, there is a long upper shadow, which should be at least twice the length of the real body."
I hope you found this signal useful.
Feel free to like, share, comment and follow to support me... As your support is always highly appreciated.
Namaste.
TRON WILL GO UP, JUST GIVE IT SOME TIME - CryptoManiac101TRXBTC TRADE
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Bitcoin will pull us up in coming days
Enjoy it!
TRX/BTC - Bull Idea: 80%-100% profit in 2-3 weeksLooking at TRX on the 1 Day chart, it looks primed for a break out, mini-bull run. Here's what I'll be watching out for during this trade:
ENTRY: 305 - 350 satoshis
MY ENTRY: 310 satoshis (Full Disclosure)
STOP LOSS: 310 satoshis
BREAK-OUT ZONE: 365 - 380 satoshis
Tron must break the red square resistance zone to confirm a new trajectory towards the profit levels. If you're conservative, consider either entering after 375-380 is broken (and sustained), or wait for a retest of the yellow local support zone. If this zone is broken and you're already long, consider short selling and waiting for a retrace to either the next yellow zone or significant, sustained buy volume.
TARGET 1: 430 - 450 satoshis
First target is here. Consider the possibility of a retrace back to 380 - 400 levels for consolidation. I will be selling 20% of my position here.
TARGET 2: 490 - 515 satoshis
Second target. This is my PRIMARY target. I can see TRX running up all the way to our next target, but this is where I'll be taking a closer analysis at price action to determine if I stay in the position. I'd be happy to exit up to 50% of my position here and buy back some on a retrace. Will update if I get enough likes on this chart.
TARGET 3: 590 - 620 satoshis
Third and final target. This is the range where I'll be looking to close the position at a solid 100% profit from my entry at 310 satoshis.
If another trading opportunity emerges, I will chart it out and evaluate it as a separate trade altogether.
You must always consider how much profit traders have already made when thinking about entering or keeping a position. If traders have already made 100% profit, chances are there will be some kind of retrace as they start to take profits. Sure, another opportunity may emerge, but that opportunity will most likely not be from a continuation of the previous trade, but rather an entirely new trade with different wave dynamics.
Please trade cautiously, only risk what you are willing to lose!