TRXBTC
TRX sideways or bullish? What is your opnion? Hello, Traders,
TRX/BTC is inside accumulation box on the daily chart, but the important support levels it seemed that it held the price very well above this level and, now the bulls are trying to take control of this asset, what we can expect for this asset?
Will the price continue in a sideways trend or will it revert to an upward trend? I think it's too early for us to know
To state more accurately the price would have to break the region of 200 satoshis and make a Pull back on the support, in that case, the upward trend would be quite clear in my opinion.
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Bullish TRON (TRX)? Next Easy Target MappedWe've seen so many altcoins produce great bullish action... But what about TRON (TRXBTC)?
Here we have multiple signals that are now pointing to growth... Let's have a quick look at those:
We have prices trading above EMA10 and EMA50.
Switching the potential from bearish to bullish.
We have low volume while breaking resistance, supporting the bullish trend.
The MACD is above zero and showing a bullish cross.
The RSI is considered strong/bullish above 50. For TRXBTC on the daily timeframe, the RSI is now at 60+.
Looking at these signals, we can say that TRXBTC can easily jump.
Remember to have a plan if you decide to trade.
The charts are always changing and this one here can also change.
If prices break and close below EMA10, the above analysis becomes invalid and a new one is needed to better know what will happen next.
Thanks a lot for reading.
Namaste.
TRX Scalp 28.06.2020In my opinion: TRX will after a small increase show a decrease in the next 12 hours
Enter: 0.0162
Exit1: 0.0159
Exit2: 0.01584
Exit3: 0.0158
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
TRX/BTC MULTI-TIMEFRAME ANALYSIS Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
😯 Tron Taking On Multi-Year Resistance. (TRX)✌Tron was valued all time high around 23 cents and currently sits at 1.6 cents.
This setup from a far could be a massive bull pennant setup.
This will be the 4th time we attack this downward Resistance to see if we can finally get a breakout on tron.
Justin sun the founder of trx has his hands in a lot of areas in the cryptocurrency market and has established a massive following. This coin is known to be a strong competitor to the top dog ethereum.
Could be a nice setup for a long term play, stay sharp! 💰💰💰
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
TRX/BTC MULTI-TIMEFRAME ANALYSIS Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.