TRXUSDT : Are you ready to break out ?In 4h chart
It went down after touched 0.11050 and the lowest point is 0.9945
If it breakout the downtrend ,trading strategy as below .
SL: 0.09945
TP1: 0.11050
TP2: 0.11649
TP3: 0.11892
TP4: 0.12152
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TRX
TRXUSD (TRON) Target Price 0.1230TRXUSD (Tron). Entry Price 0.1061. Wait for a close above 0.1061. Enter on a Retest near price level 0.1061.
TRX Forecast Hey guys just back to drop my thoughts on TRON which in one of the altcoins i analysis and give my forecast on. So in mid February 2021 TRX broke out of its resistance at $0.050124 and set a new ATH of $0.063050 then created a new support at $0.04808 and consolidated for few weeks then joined the altcoin rally of the month of March and April setting a new ATH of $0.178089 with a price range percentage of +/-210% .
therefore if the same where to happen the Altcoin rally it would set the price to atleast $0.55...lets see if it works out.
TRXUSD Target Price 0.1230TRXUSD Exponential Moving Average Period 10, Exponential Moving Average Period 20, Diagonal Trend Line. TRXUSD closed above Trend Line Level, EMA 10 Level, and EMA 20 Level.
VET swing plan on uptrendAfter steep pullback to uptrend line, price is now still playing within fib levels. Once we see a break of our daily zone and 0.5 fib level, we are going to see an impulse move up to the 0.382 level before an eventual retest of all time high. This will be a managed trade for us here, most likely re buying on pullbacks even after ath breaks we will be playing extensions from that point on.
- Entry: looking for entries after break and hold of daily zone / 0.5 level
- Stop loss: placed just below VPVR, support zone, and Moving Averages
- Take profits:
- (1) 0.236 level
- (2) ath level
- Fib extensions
* Looking for a high volume break of mid zone with momentum supporting showing bulls are in control as our entry signal
TRXUSDT - will there be an upward momentum?(Mini review) BinanceThe work takes place in the descending bullish canal.
Formation of a potential, inverted head and shoulders.
Work in the long from the middle of the accumulation channel.
Leaving the price below the level of 0.93 - cancellation and work from the boundaries of the accumulation channel
All details and target, as well as stop loss are shown on the chart.
Maximum leverage x3
% of the deposit 3-5%
Price is trappedTRX price has been trapped between two downtrend and it is some how trading. for growth, TRX need to break upper trend line. trend which is under the price, is now supportive and if break it, it will Fall
EMA 200 is also a great support for TRX and have support price three or four time in past
trxusdtHello friends.
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TRON (TRX); Waiting On A DipAlways when I am searching for a setup, the most important to me is that I focus on clear path. But what is actually a clear pattern? For me that's the structure where I recognize the direction and the Elliott wave pattern in the first minute after I open a price chart. And sometimes we will have to scan a lot of markets to find any good path.
Well, today I stopped at TRON (TRX), where I see a nice rally away from June low, in five waves, so the current reversal down is normal and will ideally unfold in three waves. Wave c projection is at 0.06-0.08 area where I will pay a close attention to a potential bounce and opportunity on the long side while 0.046 is in place. Will it come down to that level? Well, I do not care, and I know what to look for if it will. If not, I just ignore and move on. Alerts are on.
Grega
Tron vs Bitcoin Chart Analysis (TRXBTC #10)We are ending this series with Tron vs Bitcoin, TRXBTC.
We shared an article on October 14 where I promised to do chart analysis on the TOP10 altcoins mentioned in the comments section, we ended up doing 20.
I will publish the full list tomorrow and we will have another round but with different settings.
TRONBTC is now bouncing off support as can be clearly seen on the chart and we also have a volume breakout today; the highest trading volume since Mid-September.
We have a lower low on the MACD with a bullish cross. TRXBTC is showing a higher low and we call this hidden bullish divergence:
The path is clearly shown here and the targets are marked on the chart.
Based on these signals, I believe Tron is about to move higher vs Bitcoin, also vs Tether (USDT).
I'll give you some time to read and enjoy now... I'll be back tomorrow with so much more.
I hope you enjoyed the articles...
I am enjoying your continued support.
Namaste.