TRX/BTC TA Update (Retest Downward Resistance?)TRX/BTC
TRON is on down-trend action inside this falling wedge channel. A reaction pump after TRX hit the golden Fib 0.618 at 178 sats.
The price is about to retest the downward resistance which is located between 190 - 195 sats area. If TRON is unable to break the resistance again,
A potential retest of previous support or a double bottom scenario might play-out in the future.
Trxbinance
TRX/BTC TA Update TRX/BTC
TRX has been consolidating in this downward channel (Bull Flag). If we can hold 198-186 Sats then there is a high probability continuation to the upside will continue.
An uptrend is still intact provided we don't close below 176 Sats. Trade priority is going Long
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TRX/BTC (Up to 88% Profit Target)TRX/BTC
TRX has been in a healthy uptrend but now consolidating above 50 Day MA and 100 Day MA.
Our uptrend line of support is still in play as Higher Lows support hasn't broken yet.
Bulls are in control as the market structure is still going to the north.
Trade setup
Buy area: 200 Sats - 182 Sats
Sell target: 230 Sats - 340 Sats
Stop loss: 160 Sats
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t.me
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UPDATE: TRON LONG OPPORTUNITY!! BUY NOW, PROFIT LATER!!TON recently LAUNCHED hitting Both our T1 and T2. The Target 3 was off by 1 SAT!
Now, heres where we are at.
Currently retracing back down from 230 sats, we are sitting at 211 sats.
This is a great re-entry for those who took profit, or those who want to accumulate more :)
TRX has room to grow on RSI & STOCH.
The Ichi cloud hasn't been broken and are sitting easily inside, with plenty to rise.
Buy the Rumor, Sell the News.
Entry: 210 sats
Target 1: 220 sats
Target 2: 231 sats
Target 3: 269 sats
WE DONT HIT STOP LOSSES, WE HIT TARGETS
LL <3 XSR
TRX HUGE LONG OPPORTUNITY!! BUY NOW, PROFIT LATER!!TRX has broken the falling wedge with a strong momentum.
Look for my major targets up to temporary resistance.
Short Term Trade, Will Update After Targets Hit.
Entry: 195-200 sats
Target 1: 209 sats
Target 2: 217 sats
Target 3: 231 sats
Target 4: 272 sats
FOLLOW ME, YOU WILL LEARN::
WE DONT HIT STOP LOSSES, WE HIT TARGETS !!
LL <3 XSR
Tron (TRX/BTC)(Binance) Buy 0.00000437 BTC > 0.00000857 BTCTron (TRX/BTC)
Information:
Considering a purchase for 2 reasons. 1) The graph on the left will mark the point of support from which the price has rebounded and the candle has closed higher. This support may affect the price reversal. 2) On the chart, as you see, the channel was painted in blue and it also coincided with the zone where the throne is now. Two events suggest that a reversal may take place, but at the same time risks should be reduced and a short stop loss should be placed.
About stop loss:
Stop loss place at a minimum of candles.
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Buy = 0.00000437
Take Profit = 0.00000857
Stop Loss = 0.00000415
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Take Profit = +96.20%
Stop Loss = -5.12%
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Profit:Risk = 18.8 : 1
TRX LONG (BULLISH BUTTERFLY) TRX Bullish Butterfly Potential Reversal Zone.
Bullish Butterfly completion into a much bigger Bullish Gartley. This Bullish Butterfly will trigger the C leg of the Bullish Gartley.
Targets for C leg, time (first week of May) and stop loss identified for the Bullish Butterfly.
Right Shoulder (S) should be at the completion of the bigger Bullish Gartley.
Good trade and good luck everyone,
Zakaidze Omar
TRX Position RecommendationBINANCE:TRXUSD on the daily time frame has been on a long term trend line (Uptrend) from its initial days. Breaking its biggest down trend in its entire lifetime on 20 Dec 2018, It is getting close to the same lifetime uptrend after a long time.Also the chart signifies in the last 80 days people believe BINANCE:TRXUSD worth more than 0.022 Cents, making this region as a support zone. Being close to support zone & the uptrend line,the Stop Loss & the Targets make a good Risk/Reward Ratio (At least 3.77 for first TP). I believe these are sufficient reasons for a Chartist to take a position.
Stop Loss & the Targets are clear in the chart. please zoom for clarification. Aqua lines with numbers are important lifetime Fibonacci levels.
Remember Money management is one of the essential keys to success in Trading.
Good Luck ;) .
To put this in a little perspectiveI cloned the 1st 5 wave move and moved it over..... look how far we are in comparison almost doubling and we still have an extended 5th to go. 3rd wave of 1st wave hit exact 1 for 1 and struggling to break 440. The shock is where is this 3rd wave going to end if this is the 1st uncomplete lol..... HOLY SHIT
My Mid 2019 Prediction for TRX TRONIve been a long term Investor in Tron really since I did research on the company. Road the 1st major spike to 30 cents...…. Where are we now..... Full complete perfect ABC Correction. I believe we are already impulsive and we will explode with BTC. I will be BUYING as much as I can over next couple months.... All the way up really. Will update once we break. We have hit 395 to 400 range 13 to 15 times failing and breaking off... Over past month or 2 we have hit the line 3 times. We are over it right now and over most timeframes looking good. Im more of a longterm holder now and will scalp once we hit on this.
interesting formation on TRX/TRONCup & Handle could be in play.
Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -7.44% -7.44% appears you buy, if a green dot -7.44% -7.44% appears after that green dot -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.