Trxbtclong
TRON is looking for a breakout TRX/BTC chart looks bullish as it has made a new Higher High.
📍 The white descending trend-line is getting broken by the price. ✍🏼 We could set our buy limit on the pullback to its descending trendline or we could buy here just as the price is getting WILDER 🐃
⚠️ The first resistance level where the red descending trend-line and the orange horizontal line meet each other so be safe and take profit there if you wish.
⚠️⚠️⚠️ Keep in mind that my analysis is just for sharing and do not make any sell or buy position based on my charts.
🧐 Ask me if you have any problem and/or question.
HAVE A PROFITABLE LIFE 💰
TRON TRX - Breaking Out of Ascending TriangleThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Expansion in Volume
3. Price forming an Ascending triangle pattern
4. Following a rough uptrend line
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
TRON CLEAN TECHNICAL ANALYSIS CURRENTLooking attain here on the 1hr time frame we can see price has come up to a all time high area coming from a previous impulsive leg to this level where price rejected from 0.18.
Currently price has tripled down the the 2.618 fib level where support is being tested, price has got to this level in toe from of a descending channel (squeeze), price has made clean touched within the trend lines confirming the pattern.
Anticipating fro price to possibly make a push to the downside one more time to the 0.119 level where a second touch of the descending channel and the outer structure will meet at the signifiant 2.618 fib support.
There is a high probability that price will reject this level and make a push to the upside once again reaching the 0.16 level, then looking for price to create support at the 2.618 level before continuing higher
TRX with a potential pump of 1700% TRX btc pair is going for a mega breakout.
It is going to breakout through a yearly downtrend and can easily do a 2x from here.
UsD pair is also about to breakout and the BTC pair has bottomed out and sitting on strong support.
Target price mentioned on chart.
Always manage risk:
Risk management helps cut down losses. It can also help protect traders' accounts from losing all of their money. The risk occurs when traders suffer losses. If the risk can be managed, traders can open themselves up to making money in the market.
One of the few altcoins that could possibly growMost altcoins don't look good right now. Yes, they can grow up, but they can also fall a lot.
So the risk/reward is bad. Altcoins are subordinate to bitcoin, so you need to look at it first.
You can try to take a TRX for a small part of the capital.
He is consolidating, and we are positive about Bitcoin. Therefore, it makes sense to consider.
Stop loss if the day closes below 70. In case of a false breakout, you can re-enter the position.
Take Profit. Marked in red on the chart.
Don't use more than 5% of your capital per altcoin. Better to use 2-3%.
TRON - TRX the IRON MAN who steel the stones from THANOZa cute hammer on the support.
just nice. ready for engulfing to close this week.
So this time which TRON will steel?
ETH? BTC? EOS?
by the if you dont mind, this is train will start.
no stop.
but not to forget, to bring your BTT, Bitorent together.
to da moon.
Current Price:
Rank 15
$0.034039 USD (13.19%)
0.00000177 BTC (8.73%)
Tron looks to move up soon against Bitcoin.Tron is seeing some major signs of a correction to the upside shortly.
We see that Tron broke out of the falling wedge with bullish volume. Now it is consolidating ready for the next moon mission.
Note that the arrors are NOT time scale based analysis - simply just showing the possible direction.
RED LINES - TAKE PROFIT.
GREEN LINE, BUY ON 0.65 FIB PULLBACK AFTER THE NEXT LOCAL TOP READY FOR THE MOON MISSION TO THE FINAL TARGET.
Gatekeeper