TRX/BTC Choose Your Position Time!Clear Pennant/Flag forming, break out alerts triggered. Will be watching TRX/BTC like a hawk this week. Never get married to a position, you need to be malleable.
Tronbtc
TRON - Can it break the 55 EMA resistance on the 4 hour chart?Hi guys
TRON update:
It is currently trying to break out of the falling wedge after hitting the 500 FIB level.
IF we have a confirmed break out over the 55 EMA on the 4 hour chart, I can see TRON rising towards our target of 1150
TRX started upward movement. I think the correction of tron was completed and now the price will rising slowly up to 2x-3x
TRX will now go bullish. Come view and enjoy the good tradeAs we can see, tron gets a very good correction, now we need to see bullish move.
view my last chart and see i call the dump with 100% accuracy.
TRON STUCK IN A BEARISH PATTERN - GREAT BUY ZONE INCOMINGEven though all indicators such as MACD and RSI are bullish, pattern overall is very bearish. From current chart a good buy zone is 670 - 720
Enjoy this trade 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.
TRON - targets labelled on chartHey guys
With the upcoming release of mainnet on the 31st, TRON is only going to get stronger....
Interim targets labelled on chart. With BITCOIN's recent performance I am more inclined to aim for Target 1 short term.
RSI is oversold ish on the 4 hour chart.
Let me know what you think!
There is a possibility for the beginning of uptrend in TRXBTC .Technical 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 48.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000069 to 0.0000058). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000069 )
Ending of entry zone (0.0000058)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000085
TP2= @ 0.0000108
TP3= @ 0.0000148
TP4= @ 0.0000204
TP5= Free
There is a possibility for the beginning of uptrend in TRXBTC .Technical 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 48.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000069 to 0.0000058). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000069 )
Ending of entry zone (0.0000058)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000085
TP2= @ 0.0000108
TP3= @ 0.0000148
TP4= @ 0.0000204
TP5= Free
There is a possibility for the beginning of uptrend in TRXBTC .Technical 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 48.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000069 to 0.0000058). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000069 )
Ending of entry zone (0.0000058)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000085
TP2= @ 0.0000108
TP3= @ 0.0000148
TP4= @ 0.0000204
TP5= Free
#TRX Will the support hodl and go to moon? Hi friends
We are now ready, MACD is ready AND RSI says we will not be bearish so far!
Hope everyone who followed my last chart has got an good entry they are happy with when we now choose direction of trx soon.
-We now see clear signs of the sales pressure on MACD begins to dump out on the 12-hour chart, i think this is the last push from the bearish side.
-RSI in 12 hours: Will not fall below the bearish limit 51. I now expect more buying pressure
-RSI in 1 day: Has fallen slightly below the trendline, but is still at 62, this should turn now within 58 if we get enough volume in the next few days.
*Trx must soon decide for direction as we have soon used up the whole triangle, I have also drawn with another scenario I see can happen.
KEEP SAFETY BELTS ON
We need support (TRX)Last month we had really nice bullish run.
Of course, it didn't last a long.
Right now Tron is on bearish trend and looking for support.
In my opinion, there will be powerful support at 750 satoshi.
Happy trading!
Updated TRX Count and Aggressive plan for MainnetAdjusting the count here and attempting to get better targets. Going to play TRX a little more aggressively but not foolishly.
The Targets
Target 1 will cover a bearish double top on wave 5
Target 2 will cover a .786 Extension of Waves 1-3
Target 3 will cover a 1:1 Extension of Waves 1-3
Target 4 will cover a 1.618 Extension of Waves 1-3
Word of warning
Although I am usually a lot more cautious and only target the .786 extension of waves 1-3 it would be foolish to discount a run up for mainnet release. Will be minimizing risk by taking profits at each target
The Count
Not a big fan of the primary wave 2 ABC correction as labeled on this chart but does line up perfectly with wave 3 reaching just above a 1.618 extension.
Retracement outside the buyzone will require new counts but is unlikely to invalidate the count unless 680 is crossed.
TRX symmetrical triangleTRX BTC ready for potential breakout.
It's forming a symmetrical triangle pattern that can potentially breakout upwards. The 4HR MACD looking popsitive for upside momentum.
Will keep an eye on volume.
breakout around 0.00000908
target: 0.00000982
resistance:
0.00000962
FIB 1.272 (0.00000975)
TRXBTC How far will we retrace till we ready for wave 5 ?Today i'll share my personal trx/btc TA.
made me a good profit prev.month
now we are retracing to set up for wave 5.
I almost never play the 0,236 fib lvl so my orders are not completely filled
A red line is where i look to lock in some profits.
Green lines is where i look to buy back in.
Blue horizontal lines are support/resistances
T1 : Target 1
T2 : Target 2
sw : Subwave
Prw : Primal wave
So T1 sw3 = target 1 of subwave3
Targets for wave 5 depends on how far we retrace in wave 4.
if you guys are interested i'll update this when the subwave's appear to lock in on the end target for wave 5
Remember guys , i'm no master of charts , professor , ta god ... i'm just a (educated) stoner with some free time.
It's definitely no financial advise just the way i see things. :)
Don't forget to follow or like when i made you some money or be nice and send me a token of appreciation :D
Always keep a close eye on bitcoin when trading alt's . Btc floats all boats .
This on the side TRX main-net launch will be in a month so i don't see a wave failure happening anytime soon.
TA on TRX/BTCDid a TA on TRON (TRX), a good entry point at around 865 sats. It is also showing some form of consolidation but although i'm not a fan of TRON (because its frequently over hyped), its mainnet will be released at the end of MAY and i believe that will potentially drive the price of TRX upwards. Recommended stoploss : 750 sats
Tron (TRX) Ready for the Next RideOn 4H timeframe, we can see TRX just cross the middle line of Bollinger band from downtrend channel. Also candles had closed above the 0.618 fib level. Nice support I would say for further momentum upward. We can reload and loaded now. I bought at 860. Next target 1300 satoshis
Spread the knowledge and happy trading :)
Trx looks like is in Tea time...do you join?C&H?
Could be?
Let see if oesnt fail this time.
Only educational uses.
GoodTrade
-CJ-
Tron (TRON) Has Found Support (4 Hours Char)Tron (TRX) reached a new peak on the 30 April @ 1083 satoshis, from which level started a retrace. Right now, different chart indicators and signals are telling me that Tron has found support.
Look at the chart above and nothice:
- The price decline starting the 30th April. From there we went down fast until bouncing from the 829 saothis level (about 24% drop), this happened on the 5th May. After that, a small bounce and sideways until now.
- Look at the candles, as they are now, you can see a #1 on the TD Sequential. This is not a strong signal, but if we can break the EMA50 (magenta) line and close above it, it would signal strength.
- The fact that the EMA100 (blue) line wasn't touched is another signal that support is being found.
- The MACD is showing a bullish crossover.
- The RSI, DMI and STOCH are starting to cruve up.
Based on the information above, I can say that Tron (TRX) will consolidate longer until it gains enough momentum to start another run.
You can check my other two Tron trade ideas for a "buy in" range, to know when to buy in to trade this coin, as well as targets and other details.
You can find them in the "Related Ideas" section below this post.
Thanks a lot for reading.
And thanks a lot for your continued support.
Namaste.
