TRX ANALYSIS (WEDGE BREAKOUT, 220 SATS INCOMING?)TRX ANALYSIS:
TRX has finally pushed in a very positive bullish manner outside of the falling wedge shown in the chart. Look for entry back at 50 MA at 190-195 sats. I expect this run to continue, the volume backed by the dominance of BTC falling is positive in all ways. Look for T1 back at 199 sats, followed by the break above 200 sats to T2 at 209 sats and T3 at 220 sats. These are the most important levels to break thru as we have seen some major fluctuation recently in these levels. It is possible we see T4 at 239 sats for a double top. I would highly recommend take profit and wait for a small correction by then.
Possible Entries: 190-195 sats
TRXBTC
TRX / BTC Falling Wedge. Cycle. Work on a coin.TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge.
If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend.
ENTRANCE
1) on the breakthrough of the line of resistance of the wedge. (maybe it’s happening now).
2) on confirmation of support in the region of 130-150 satosh if the price reaches there.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
TARGET
On the chart, I showed the first potential movement when trading in a local trend.
To see in the global where the price is, look at these previous training ideas, where this coin was used as an example.
1) TRAINING. Theories of the Dow. Types of trends. Phase TRON. There is still a bit
TRON Lateral movement. Possible formation of a double bottom.
TRON Getting Ready For Massive Growth, Big Time! (Trade inside)Recently we looked at Cardano (ADABTC) and signals told us of good growth that is now happening... We hit our target PERFECT and with leverage for up to 276% of profits...
The next is TRON (TRXBTC), we've been publishing multiple articles about it in the hope that you can check it out and collect great profits if you decide to trade...
This is not financial advice.
Cardano Is About To Make A Very Strong Jump (100%+)
Now, we have MA200 fully conquered for TRXBTC.
Fully conquered meaning that prices challenged it and managed to close above it. Today's candle is closing above MA200 which is sitting at 0.00000192.
The volume is the most obvious signal at this time, you can see a volume breakout (big volume coming in after a period of low volume, confirming the break of EMA10, EMA50, and EMA100.
The targets are marked on the chart.
For additional information search TRXBTC on my profile here: www.tradingview.com
You can always leave a comment if you have any questions... It is my pleasure to help, thanks a lot for your support.
Alan.
Namaste.
FULL TRADE | TRXBTC & TRXH20
TRXH20
TRXBTC
Tron TRXBTC loonking Bullish in Daily Time frame #TRXBTC Bullish Chart:
#TRX after 196 Day Resistance Line broken and #TRON Now Bullish.
Support: 180/189 Sat.
Resistance : 220/231/274 Sat.
Resistance = Target
So guys if Dominance not increasing then we can see 10-20% in TRX.
Also keep an mind in Support level.
$TRX, Breaking from descending trendline $TRX
Breaking from descending trendline & crossing over ~186sats resistance following the activity that the market is showing today..
If continuation happens, targets at 215/245/275 sats
Do not FOMO or buy at the top of a candle, wait for retests/flips to minimize risks!
#TRX
TRX/BTC TA Update (Bullish Breakout Confirmed?)TRX/BTC
TRX finally broke bullish of this descending channel and manages to get above the 50D MA.
Our immediate support area is between 192 - 186 sats or the 0.5 Fib.
We can see two bullish green volume below indicates this uptrend has genuine bullish momentum.
Tron TRX update. Trade as you see fit. Broadening Wedge?Hi all,
A quick update on TRXBTC. I see this playing out, really good for quick scalp trades, which I will be doing. I do have longs open from a previous post a while back, that caught trx in the buy in range perfectly.
Also, just had a test on the falling wedge, though I would have liked to see more buy volume since this was practically non existant. Furthermore, use larger timeframes and plot key trend lines, volume and basic TA.
Im not here to say when to long, short or how much leverage to use. If you're on here, you should know.
Trade safe, and always keep an eye on BTC.
A small fish in the ocean is all I need
The Gatekeeper
Tron Breakout Of Falling Wedge, Challenges EMA50 | TargetsTron (TRXBTC) is now breaking out of a falling wedge on increasing volume, giving out a strong bullish signal.
We can also see that EMA50 (yellow) is being challenged right now and a close above it can send TRXBTC flying up (green arrow). You can find additional targets if you zoom out.
Here you can find Tron with leverage (TRXH20):
Thanks a lot for reading.
Namaste.
TRX/BTC TA Update (Bullish Descending Channel?)TRX/BTC
TRX is testing the downward trend-line again and if TRON fails to get above it. I can see a minor pullback to 180 sats area to form a potential Higher Low.
And if that Higher Low holds, chances of breaking bullish of this descending channel is likely to happen.
The RSI is also giving a bullish divergence, keep in mind the price is trading just above key golden support 0.618 level.
TRX/BTC TA Update (Retest of bottom channel?)TRX/BTC
TRX broke support at 180 sats area, this rejection from descending channel will send TRON down to 167-160 sats if no follow-through from the bulls to bring the price up.
There is a potential for the RSI to hit oversold levels again before a pullback to happen.
A retest of the bottom channel of this pattern will give traders a chance to open Long positions if a sign of reversal appears.
TRON TRXBTC Target Achived and 40% ProfitTRXBTC Chart Review Analysis:
TRXBTC short entry was given at 490-493 Satoshi.
and Price exactly Hit our Short entry Zone.
and I also told you About 12 hour Bearish analysis.
and now Price of TRXBTC is 179 Satoshi.
almost 8% Profit without Leverage .
and
40% profit from 5x Leverage.
Now Price stay above Current support level.
if this level breakdown then we can see next 166 Satoshi of our next target.