TRX
Tron vs Tether Chart Analysis (TRXUSDT #6)You know how I keep on repeating that all of the USDT altcoin pairs charts look the same, some are simply ahead or behind in a certain pattern.
Here is TRXUSDT, this looks like the Bitcoin (BTCUSD) chart or many of the Altcoins we look at and trade.
Notice that on 7-Sept. there is a strong drop.
Notice the correction from May to July and the bullish wave that followed.
Now we have consolidation, above-average volume coming in with bullish indicators.
Bitcoin went ahead, many of the smaller altcoin trading pairs we trade went ahead...
Tron (TRX) will also join the party and move as well.
That's my take from looking at this chart and also the overall market.
Enjoy.
Namaste.
TRX is a sleeping beast! - Keep an eye on it!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume, or you can buy when the price breaks above 0.11$.
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The idea is: Buy the breakout from the symmetrical triangle (or 0.11$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
TRX super bullish - Target 0.14#TRX/USDT Update:-
$TRX currently trading at $0.103
TRX has broken again his resistance
Lot of volume. All the signals are green :-)
Our next target is 0.14 !
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TRXBTCTRX BTC is a very important support.
TRX has been stuck in this range for almost two years with fake break out and Fake breakdown
The level 0.00000169 is where major bounce backs happen. It has tried to break this support for over two years now, so far level has been respected with one fakeout.
Ideally, here is where I would like to set some bids. Hold this level and potential target on the chart.
KEY: 0.00000140 sat
Previous TRX/BTC TA
BTT Will Post 100%+ Gains by End of November Bullish divergence on daily chart currently with RSI making higher lows but Price action making lower highs-This indicates a breakout is imminent. RSI resistance stemming from previous ATH is currently at .005. A break through that would confirm a bullish uptrend.