TRXBTC
TRX/USD bearish indicationsHello traders
Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level , witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading.
Now the price is making a Bear Flag, We belive the price has a chance to test the next important Support level . We Only buy this asset above the resistance after a bullish acumulation, or at the important Support level .
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
TRX ANALYSIS (BOUNCE INCOMING!)TRX ANALYSIS:
TRX has fallen sharply down to support, but a deep scam wick was eaten up by buyers. The buy side brought the daily wicks above 200MA at 190+ sats. This is a positive hold. I expect the sharp decline to be broken up by a relief run back up to daily resistance. The take profit targets are at 200, 209, and 217 sats. Take partial profit at each step as the sell volume has been extreme. Very possible TRX is rejected again at daily block zone.
Possible Entries: 190-194 sats
Tron (TRXH20) Looking Bullish | Next Target Mapped (8X lev. 300%We are active with Tron on BitMEX (TRXH20), to me this setup looks LONG.
Our next target is clearly marked on the chart as 1.618 Fib. (0.00000241).
We are active with 8X leverage.
Leveraged trading is for advanced/experienced traders only.
Trade at your own risk.
This is not financial advice.
Thanks a lot for your support.
Feel free to hit LIKE if you would like to see the full trade details (buy-in, target, stop-loss, and additional information), we will share at 111 likes.
Namaste.
TRON Getting Ready To Move (60.60% Mapped)For TRON (TRXBTC), we have prices trading in between EMA300 and MA200... As marked on the above chart.
Prices for TRXBTC went below MA200 (black line) just to quickly bounce back above this level while printing a higher low (light blue) compared to 8-Jan.
- So, on the 8th of January 2020, TRXBTC hit 0.00000171 and started to move up.
- On the 14th of February prices for TRXBTC peaked at 0.00000262, this is near EMA300.
- Now that TRXBTC retraced and tested MA200 as support, it is likely to go higher and test EMA300 at 0.00000250+ once more.
These signals are still early but we believe that TRXBTC can bounce here... We will see how it goes.
Feb 2 | Tron Conquers New Resistance, Extremely Bullish (600%+)
Remember to have a trading plan/strategy before you decide to trade.
The charts are always changing, what would you do if prices go the other way?
Always be prepared for all scenarios and do not get stuck on what you believe will happen next.
Reduce risk... Start small... Take your time before you trade.
This is Alan Masters...
Thanks a lot for your continued support.
Namaste.
TRX's Five Wave Elliott Formation Goes To 320 SatoshisI believe TRX began a trend reversal on September 9, 2019, the date on which the weekly RSI reached the lowest value ever recorded.
The price has possibly began the third of a five wave Elliott formation, which is expected to take the price all the way to the previous breakdown level at 320 satoshis.
The possible creation of an ascending triangle (dashed lines), which is a bullish pattern solidifies my belief for a breakout.
The daily chart also shows a bullish cross between the 50- and 200-day MAs (golden cross) and the price finding support above the latter MA.
As long as the price is staying above this MA and the ascending support line, its directional bias is bullish.
(If you like my idea and want me to continue publishing, pressing the like button would be extremely helpful)
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the TRX priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00000206 to 0.00000191 sats
Sell between: 0.00000219 to 0.00000247 sats
Stop Loss:
The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level.
I will be keep posting more trading ideas.
TRON is close to the Support/Resistance Zone.The price is close to the Support/Resistance Zone. It can continue to grow like other cryptos.
The best buy will be after the breakout and pullback to Zone.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
TRXBTC: A final bull trap ahead? Hello,
In the short term, we can have a good opportunity for buying. However, in the long term, I think we can easily break through 140, perhaps even sub 100. Similar to my analysis on ADABTC , I do think that we may still see a significant downtrend in the next weeks or months.
GENERAL RULES TO KEEP YOU SAFE:
1. Do not risk more than 2-3% per trade!
2. Always use stop-loss!
3. Do not FOMO!
4. Do not add to a losing trade
THIS IS NOT A FINANCIAL ADVICE so, please do not follow it if you are in doubt. DYOR!
TRXBTC 1hHello everyone. In my previous BINANCE:TRXBTC idea, I told that there is a big possibility that correction has over. That idea still working and now im showing u opportunity for TRX on smaller timeframe. Instrument can go up from current prices, or go down to red line and then make reversal. As always, moving below yellow line will abandon this idea.
TRX/USD Bull trap on important Resistance levelHello traders,
Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level, witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading.
We belive the price has a chance to test the next important Support level. We Only buy this asset above the resistance after a bullish acumulation, or at the important Support level.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
TRX/BTC BINANCE1D candles
As far as price stays in the parallel uptrend channel,
we have bullish movement
Bar Pattern repetition expected
MACD is crossing
volume is rising
If price breaks up or down the uptrend parallel channel,
If UP --> Tron is going to the moon and
If down --> New analysis is needed
Good Luck
TRON TRXBTC prepared for a rallyHey guys welcome for a fresh crypto update, please like and follow to support us
--------------------------------------------------------
TRXBTC sitting on 220 sat support zone now looks prepared for the next rally, which could take it towards 300 sat weekly resistance mark
if alts mcap keeps continue its growth than TRX will follow its path, incase if this trade goes wrong than 180 sat is the level to take an exit
better you proper manage your risk
--------------------------------------------------------
Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...