Tronbtc
TRX/USD bearish indicationsHello traders
Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level , witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading.
Now the price is making a Bear Flag, We belive the price has a chance to test the next important Support level . We Only buy this asset above the resistance after a bullish acumulation, or at the important Support level .
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Best regard Sandro and Gustavo.
TRX ANALYSIS (BOUNCE INCOMING!)TRX ANALYSIS:
TRX has fallen sharply down to support, but a deep scam wick was eaten up by buyers. The buy side brought the daily wicks above 200MA at 190+ sats. This is a positive hold. I expect the sharp decline to be broken up by a relief run back up to daily resistance. The take profit targets are at 200, 209, and 217 sats. Take partial profit at each step as the sell volume has been extreme. Very possible TRX is rejected again at daily block zone.
Possible Entries: 190-194 sats
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the TRX priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00000206 to 0.00000191 sats
Sell between: 0.00000219 to 0.00000247 sats
Stop Loss:
The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level.
I will be keep posting more trading ideas.
TRXBTC 1hHello everyone. In my previous BINANCE:TRXBTC idea, I told that there is a big possibility that correction has over. That idea still working and now im showing u opportunity for TRX on smaller timeframe. Instrument can go up from current prices, or go down to red line and then make reversal. As always, moving below yellow line will abandon this idea.
Tron TRX Golden CrossIt doesn't get much more bottomey than this. Double rounded bottoms with a higher low, a Golden Cross on the Daily, and a break of key resistance.
Today is a key day. We are looking for a close above this resistance. However it would not be surprising if this does not wait around.
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Check the chart :
[300% ROI] SEEMS REASONABLE TRONBTCIt broke its long term channel and made first impulse and retraced.
Good place to be a buyer here. It stayed more than 4 months and consolidate.
Maybe 1 or 2 months it CAN go sideways but i need to buy from this areas.
My setup like that:
Buy: 200 sats
Sell: 603 sats
Stop: 130 sats
Trade time: It should resolve in 2020. (Mid-term trade)
R:R (Risk to reward): more than 6
If I can sell trx from 603 sats it means I will gain more than 300% ROI which is reasonable.
If you like this format, trade setups like, share and follow for more. Thank you.
You can check my other mid-long term analyisis on BTC here;
TRX ANALYSIS (WEDGE BREAKOUT, 220 SATS INCOMING?)TRX ANALYSIS:
TRX has finally pushed in a very positive bullish manner outside of the falling wedge shown in the chart. Look for entry back at 50 MA at 190-195 sats. I expect this run to continue, the volume backed by the dominance of BTC falling is positive in all ways. Look for T1 back at 199 sats, followed by the break above 200 sats to T2 at 209 sats and T3 at 220 sats. These are the most important levels to break thru as we have seen some major fluctuation recently in these levels. It is possible we see T4 at 239 sats for a double top. I would highly recommend take profit and wait for a small correction by then.
Possible Entries: 190-195 sats
TRX / BTC Falling Wedge. Cycle. Work on a coin.TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge.
If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend.
ENTRANCE
1) on the breakthrough of the line of resistance of the wedge. (maybe it’s happening now).
2) on confirmation of support in the region of 130-150 satosh if the price reaches there.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
TARGET
On the chart, I showed the first potential movement when trading in a local trend.
To see in the global where the price is, look at these previous training ideas, where this coin was used as an example.
1) TRAINING. Theories of the Dow. Types of trends. Phase TRON. There is still a bit
TRON Lateral movement. Possible formation of a double bottom.
TRON is above the Mirror Level!The price tried to break the Mirror Level 3 times but bounced up.
It's a huge chance it will grow to the next level.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
Which direction does Tron choose?Which direction does Tron choose?
The indicators indicate that the market is suffering.
But Tron's historical past in the past year has been lucrative since January.
what is your opinion ?
Farsi :
olgooye mosallase motegharen tashkil shode.
had haye rosh ya kahesh elam shode.
#tron kodoom samt mireh ?
tebghe tarikh.... parsal....dey mah va bahman mah.... roshde khoobi dashteh.
man migam "ROSHD"