TRXBTC
TRXBTC Daily Trend Change | Increase in Bull Volume Hello Traders
Two more months in the year, how time flies…
Today’s chart update will be on TRXBTC, we have a potential daily trend change which is backed up with strong bull volume…
Points to consider,
- Trend is putting in new higher lows
- Resistance at .236 Fibonacci retracement
- Support held by EMA’s (EMA’s Bull Cross)
- Stochastics trading in upper region
- RSI testing its local resistance
- Visible increase in bull volume
TRX has been on the move as of late, changing its overall daily trend with consecutive higher lows as it comes into local resistance. This resistance, the .236 Fibonacci Retracement, is in confluence with structural resistance, a key area that needs to be broken for a continuation.
Support is being held by the EMA’s which does look quite strong after a confirmed bull cross. This cross initially signalled the daily trend change.
The stochastics is currently trading in the upper regions; a healthy retracement in the trend can come to fruition as the stochastics does have a lot of momentum stored to the downside.
The RSI confirmed the bullish divergence, and is now trading in the upper region at local resistance. If this resistance breaks, is can trade in the orange highlighted box for an extended period of time, as history suggests.
Volume has been a great indicator; we have had an increase in bull volume, showing that buyers are strong in this trend change. We need to see this continue for local upper resistances to be tested.
Overall, IMO, TRX has had an impressive trend change with follow through; a healthy correction is not farfetched. This will cool of the stochastics and RSI indicators before another leg up, this will also allow the trend to put in another higher low…
What are your thoughts?
Please leave a like and comment
,
And remember
“You’re going to learn a million things, then you need to forget them all and focus on one.” - SunriseTrader
TRX/BTC - H4 CHARTHi, today we are going to talk about TRX/BTC
We observe a H4, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
TRON (TRX) - Trade Update @coinselorWell I didn't expect the China news , but I did expect TRX price to sky rocket :)
Tron bounced beautifully off that S/R area around 175. Volume has been consistently high at this resistance area for the last 3 days. In my opinion, volume is one of the most underrated metrics in technical analysis, if price is king, volume is queen.
I am expecting this area (around 240) to become a massively strong S/R level once flipped.
TRX/BTC bearish crabBITMEX:TRXZ19 Possible bearish crab in the making. Great risk to reward. You can long till 260-280. After that short :)
$TRX, Volume rising in big as its testing ~220 sats resistance$TRX
Volume rising in big as its testing ~220 sats resistance level
Fow now I'm just waiting to see if it manages to cross and flip this level opening an opportunity for a long position with target at ~265 sats (~20%)
Set alerts and wait..
#TRX
TRXBTC possible extra 25% midterm? Hello guys and welcome to my first ever idea I want to share with TradingView.
After the bullish news from China we have seen a massive pump in Chinese blockchain companies like TRX. After such a pump we expect a correction and consolidation naturally.
On my analysis we can see a descending triangle on the 1h chart, when the triangle breaks on top we can expect another breakout. Take in mind it can also go the other way...
I've used the RSI and the EMA 20-50 and EMA 100 are looking good. I've used the fibbonaci retracement and if all goes well I expect a 25% gain up to 275 satoshis after we have beaten the 230 satoshi resistance line.
I've used all these indicators on the 1-2-4H and 1D chart and all apply.
I have put my stop limit sell on 205 satoshis to keep my loss minimal.
I'm a ROOKI in TA and still learning, please feel free to correct me or send feedback.
Salamat po.
PS: THIS IS JUST ME SHARING MY IDEA AND THIS IS NOT FINANCIAL ADVICE
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
Another Higher High for Tron | Massive Growth Ahead!It has only been 10 days since our last Tron (TRXBTC) chart and now it is 100% crystal clear... Tron will continue growing.
In my last analysis, we took a look at higher-highs as well as the long-term chart with its profits potential, you can see it here:
Now, a new higher-high has been printed and the trading volume continues to grow.
Most altcoins had a strong drop that lasted multiple days when Bitcoin moved up with force, but Tron only took one day off and is already moving higher and aiming higher in the days to come.
The chart is the same one we saw before...
So you can expect additional bullish action in the form of slow, steady growth.
Note: "Slow and steady growth" until a very strong and big green candle shows up... That's why we buy on the low/support before the bullish action takes form.
Namaste.
TRON to BULL? (Visual only Demo)Market looks near ready for bull run, safer to wait for confirmation of MA line crossover.
Still safe zone to buy in and HODL imo, or day trade market on leverage via bitmex & other platforms.
Swing trade market on lower timeframes, e.g. 4 hour & look for breakout patterns.
Idea for educational purposes, trade at your own risk.
Example of Breakout Pattern;
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 - Possible Bull Flag (Buy Zone)Hello my friends!
We have a possible Bull Flag forming on the 6H time-frame.
The pattern is confirmed if we close in our Buy Zone from 0.00000192 to 0.00000196.
In this case we will open a long position with Target 1 at 0.00000213 and Target 2 at 0.00000233 in sight.
Please wait for a confirmation first. Patience is the key.
I will update this chart accordingly!
THANKS! For all the positive feedback im receiving lately.
Leave a thumbs up if you like this idea and Follow me for more ideas!
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
TRX/BTC (TRON)|Bullish Flag..!!TRX/BTC (TRON)
- Forming Bullish Flag in 6hrs Chart..
- Volume is Increasing & Indicators Are Turning Bullish as Well..
- Grab Some & Hold it Low Risk..(Expecting Breakout)
Buy Between 188-192 Sats
Sell Targets 202-210 Sats
Stop Loss Below 180 Sats
Buy With 5% Portfolio..!!
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
TRXUSDT - selling mass audienceOpera Adds Bitcoin and Tron Support in Major Android Browser Update
Opera, the fifth most popular web browser, has added support for both Bitcoin (BTC) and Tron (TRX) to its Android browser.
By adding support for Bitcoin and Tron to its mobile browser, Opera hopes to significantly increase the availability of cryptocurrencies, which will allow its nearly 200 million mobile users to gain access to a decentralized economy.