TRX Set for takeoff Weekly 50 MA/100MA Cross. 3 recent high volume pumps are likely whale accumulation. Massive RSI Divergence on the weekly. I am Long to $.10 zone.
Tronbtc
Safest time to buy trxHello guys, there is bullish divergence on chart, last time it happened trx went to 60% up, right now target is 135 sat, trx has also touched the price of first time it got listed on binance at 72 sat.
stop loss: 71 sat
TRON - On resistance, as we prognosedTron found resistance as we precisely calculated.
Got a small first rejection (stopped but did not drop massively) and will attempt to break it again in the next few hours/or days
TRON - Looking GOOD!I was worried about Tron but it's proving me wrong. Looking good at the moment and after the resistance of o,367 it can fly higher!
Bravo Tron
TRON - Running into trouble? 😿Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen.
I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight.
Why does it smell like Ripple?
Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy)
and now this news:
'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'.
In other words: I'm out for now, see you and buy you a bit later Tron 👋💁♂️
TRXBTCTron has a good R/R ratio and is good for trade. But because of Bitcoin the probability of this analysis is less than 70%.
Tron looks to move up soon against Bitcoin.Tron is seeing some major signs of a correction to the upside shortly.
We see that Tron broke out of the falling wedge with bullish volume. Now it is consolidating ready for the next moon mission.
Note that the arrors are NOT time scale based analysis - simply just showing the possible direction.
RED LINES - TAKE PROFIT.
GREEN LINE, BUY ON 0.65 FIB PULLBACK AFTER THE NEXT LOCAL TOP READY FOR THE MOON MISSION TO THE FINAL TARGET.
Gatekeeper
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
Expecting Sideway For TRON (TRX/BTC)Downtrend still continues for TRON.
Bollinger Band clearly confirms it.
For the next couple of days (maybe weeks),
I expect to see some sideway movement between 160-210 sats.
In any circumstances, 150 sats is its last support level.
Trade carefully in these days.
What do you think? Any comment? 👇👇👇
TRX/BTC ..back to accumulation again ?Trx/btc recently lost support around 200sat and closed daily below
Also btc dominance is still high
And looks like the downtrend not ended yet
The other area of concern will be at the previous accumulation zone between 175-168 sat
Not abuy signal ...we need a strength or bullish green candel and buy on retest
TRX BULLISH (#TRX $TRX)Tron TRX:BTC might just have one of the most bullish setups of all Altcoins.
We're not hearing that much about Tron anymore. It's ready for a surprice.
From a TA perspective I would expect a massive spring between november 5th and 20th, that should send the coin towards 2-3x against #Bitcoin.
Reasons:
1) August 13th TRX broke out of that yellow channel and is now looking to retest it.
2) August 31th TRX broke out the a MASSIVE descending triangle / resistance (teal line)*** and is now lokking to retest it.
3) Bottom Double Stochastic Oscillator 3D.
4) Bottom Double Stochastic Oscillator 1D.
5) Oversold RSI 1D.
***) Formed using a Ray connecting wick from april 30th ´18 and close from januar 28th ´19.
#DYOR
The Trouble with Tron (TRXUSD analysis)TRX has a verrrrry long consolidation phase within a broad trading range.
With a 70% upside to the trading range resistance, some short-term traders may be tempted to catch it, although looking at the charts fluctuations it seems like a gamble compared to other trading opportunities that may be available for other coins.
However, the big potential for a long-term swing trade comes when (if) TRX manages to break out of its range. There is a 300% to 640% upside to reach it's ATH.
We remain neutral for now but TRX may be one for the watchlist.
If we add TRX to the SparksterSignals backtesting toolkit (link below) we may find much shorter time-frame opportunities for historically reliable profit.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
TRX trading ideaHello, traders.
After a strong uptrend movement, the price went on a correction and could be forming another accumulation pattern called bearish rectangle
A great place to buy TRX is on the next important support level in case this asset reaches the next important support level around 200 sats
Best regards.
TRXBTCTron had a correction and made a good floor for starting a bullish wave. You can enter this trade by choosing a good entry point based on your strategy.
TRXBTCTRON began a good upward movement while BTC was dropping down and after that we saw deep correction. I think we are in the wave (c) of wave B which is shown in the chart and we can expect a ride up!!
Targets are obvious in the chart but this is a risky analysis. Please manage your risk for using this analysis.
TRXThis thing looks bottomed out tbh, overall alts look weak though and this could be a short term counter trend move. Targets 287 and 314 sats. If it starts tapping 350 sats, it probably will test 450 sats again.
TRON TRX ABOUT TO BREAKOUT - BACK TREND IN MADE 0.05 +Expecting that TRX can breakout back in rage.
Thats is my expecting. the new year high 0.05 +
Long term expecting.
Follow for more updates.
Thank you
Tron is Breaking out from resistance area!Yesterday I have a made a bigger time frame analysis on Tron.
Today, the price is breaking the resistance area, strongly countering the BTC.
TP1 is $0.036 (10% from current price)
RSI is very bullish, so is MACD.
EMA's will give a buy signal after a 3 and half day.
All looks good!
Tibor
