Tron [TRX] to rebound from this ascending trendline support?Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds.
Entry - $0.07899
Target - $0.08259
Exit - $0.07800
RR - 3.46
Tronusdtlong
Tron (TRX) formed a big bullish Shark | A Good long OpportunityHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ) with US Dollar pair.
Previously we cauth a nice pump of TRX:
Now on a 4-hr time frame, TRX has formed a bullish Gartley pattern. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long Tron!The reason I closed our long early for Tron is because I expected this fall in price and wanted to re-long lower, now is the perfect time to re-long!
In the chart I have shown, I have shown all the possibilities for Tron. Once we approach the top of the parallel channel I will make an update if things look bearish!
Keep stop loss at $0.06375
Risk: Medium
Targets:
TP1: $0.067
TP2: $0.068
TP3: $0.069
Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC.
I think Tron will uptrend pretty well along with Bitcoin.
But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post:
Why is Tron bullish?
Well,
1. have spotted bullish divergences
2. Tron has a good potential for a breakout from the falling wedge
3. MACD is bullish
4. Bitcoin is bullish
Please do not use high leverage on this trade if you are trading futures!
REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!