Tron TRXUSD - ATH SOON, Falling Wedge + Triangle- Tron is breaking out of the falling wedge on the weekly chart
- Wait for the symmetrical triangle breakout to enter a long position
- Wave 1 and 2 seem to be completed, now I am expecting huge 3rd impulse wave to the upside
- 0.21 USD is an ALL TIME HIGH resistance
- Check my analysis on TRXBTC pair in related section below
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TRXBTC
Tron (TRX) Never Ending Bear Cycle (3+ Years) (1760%+ Potential)Tron (TRXBTC) has been in a bear market for the past 3 years... Amazing, in a bad way.
But, is it over?
Recently TRXBTC hit 72 satoshis as a new low, this is the same level that was hit as a high when this pair was introduced to Binance back in October 2017.
This is not the best of signals... But this might be it.
The RSI is ultra-low which at this point can be called "oversold"...
While prices have been dropping for years we have strong bullish divergence building up.
This bullish divergence is also present with the MACD.
When TRXBTC revives and changes course, you can expect a bull market that will last multiple years...
The market moves cycles up and down...
It's been down...
Soon, we will prices moving up.
Thanks a lot for your support.
Namaste.
LONG TRX, inverted head and shoulders hidden bullish divergenceAs we can see, from 21dec to 3rd Jan there was a lower low, however volume is increasing. This is a strong bullish divergence. This pattern is followed up with an inverted head and shoulders with nice volume pattern confirmations, as there is a declining volume on the way down on the left shoulder, and increasing volume on the way up, with the same applying for the head as we see a declining volume on the way down and increasing volume on the way up for the head, and the same for the right shoulder. The slight hidden bullish divergence with higher lows but lower volume indicates that no one wants to sell anymore at such prices. The neckline resistance is expected to break, and we should reclaim at least the 200ma in the coming days.
TRON 2021 who that buying the STEEMITTRON is quite dumped for the time being.
but if u look recently on steemit, u will see that
TRX is already integrated on its platfrom.
look like compromising.
after the btc bear run, steemit is completely like a ghost town.
let's see how tron can go and bring steemit up again.
Rank #20
Coin
On 101,596 watchlists
TRON Price (TRX)
$0.03116
5.04%
0.0000008562 BTC
0.00002518 ETH
TRXUSDT - Symmetrical triangle TRXUSDT is consolidating in a symmetrical triangle pattern.
Breakout is imminent.
Bullish ⬆️ - breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️ - breakdown below the symmetrical triangle's inclined support.
Possible price actions and targets are indicated by the arrows on the chart.
#TRX Pennant pattern, Breakout Will be Huge Long term TradeTRX forming pennant pattern in BTC pair. This is a Mid-term trade and after the breakout, we see a good rally in TRX. IOST has the same pattern and we all see how it skyrockets. TRX will do the same. 100 is the major resistance zone and we see some profit-taking there. This is a mid-term trade and all targets can be achieved. Don't miss this one.
Buy Zone: 77-79 (Add more in Dips)
Target: 88-97-109-125-140-160-175-196-216-235-260-295-345-395
Altcoins possible trend reversalWith a lot of altcoins reaching new ATLs every month, we now might be able to look for a bottom. Steem is giving us a good example of RSI and MACD bullish divergence which is also vidible on 1D timeframe. Short term the price should reach at least top of the falling channel, but it also could signal trend reversal and possible bullrun, and not only for Steem but also for a bunch of other markets.
Similiar patterns are visible on 4H and 1D timeframes for XEM, BAT, DGB, ENJ, XTZ, TRX or WAXP.
So I guess it's a good moment to put a few more coins to your watchlist.
TRXUSDT (Waiting for the Resistance Breakout) #TRXUSDT Technical Analysis Update
Resistance Breakout
TRX/USDT currently trading at $0.0278
LONG ENTRY level: Above 0.02800 (only enter long if 4 h candle closes above 0.0280)
STOP LOSS: below 0.0263
Target 1: $0.0300
Target 2 :$0.0321
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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