TRX (Tron) Breakout Soon..!!#TRXBTC (Binance)
Looking Stable & Bullish On This Support..
So Keep An EYE On It.
Buying Zone Above Support Zone..
Sell Target For Midterm Is 740 Sats
Stop Loss Below Support AREA..
Introduction...!!
TRON (TRX) strives to build the future of a truly decentralized internet and global free content entertainment system that utilizes blockchain technology. The TRON Protocol represents the architecture of an operating system based on the blockchain which could enable developers to create smart contracts and decentralized applications, freely publish, own, and store data and other content. According to the TRON Foundation, the ecosystem surrounding this network specializes in offering massive scalability and consistent reliability capable of processing transactions at a high rate via high-throughput computing.
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Trxbtclong
TRX LONG (BULLISH BUTTERFLY) TRX Bullish Butterfly Potential Reversal Zone.
Bullish Butterfly completion into a much bigger Bullish Gartley. This Bullish Butterfly will trigger the C leg of the Bullish Gartley.
Targets for C leg, time (first week of May) and stop loss identified for the Bullish Butterfly.
Right Shoulder (S) should be at the completion of the bigger Bullish Gartley.
Good trade and good luck everyone,
Zakaidze Omar
TRX Position RecommendationBINANCE:TRXUSD on the daily time frame has been on a long term trend line (Uptrend) from its initial days. Breaking its biggest down trend in its entire lifetime on 20 Dec 2018, It is getting close to the same lifetime uptrend after a long time.Also the chart signifies in the last 80 days people believe BINANCE:TRXUSD worth more than 0.022 Cents, making this region as a support zone. Being close to support zone & the uptrend line,the Stop Loss & the Targets make a good Risk/Reward Ratio (At least 3.77 for first TP). I believe these are sufficient reasons for a Chartist to take a position.
Stop Loss & the Targets are clear in the chart. please zoom for clarification. Aqua lines with numbers are important lifetime Fibonacci levels.
Remember Money management is one of the essential keys to success in Trading.
Good Luck ;) .
TRX/BTC, bullish divergence (RSI)Hi everyone,
My last analysis on TRX (Tron), one of the biggest project in the crypto world was few months ago (check the link below in the relative idea).
In this one, I talked about a potential run with 250% profit. This run has ended around 850 sats, and then Tron looks found a good support at 570 sats (570 sats was a the previous resistance).
I found a RSI bullish divergence, with a potential bullflag. This bullflag could end this week with a pump toward 660 sats as first target, then 700 sats. From this chart, I drew the next potential daily candles and realized this projection.
Thanks for your time,
Anthony.
Large Caps are moving, TRX on the verge of breakouthello Friends,
Multiple large cap coins are moving due to BCH HF on 15-Nov, so use the pump and trade.
Note : Trx is testing the resistance at 370 SATs, breakout above a possible 40% trade. No timeline. Ofcourse, BTC should support.
I am taking a risk on TRX when it breaks out.
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Entry above 390 (on breakout), 40% target. 484 (big hurdle in between)
Sl : break of the triangle below.
#TRXBTC, #TRX, #BTC, #trxbtc #trx #btc
I called the previous Tron bottom. My current thoughts.I have called the previous Tron bottom three months ago. Check that out in the related ideas section.
As you may know, I have been a permabull on Tron for very long. It is because I own Tron myself, and I am biased, but not without reason.
Tron is a good buy and hold.
1. Tron team has cash to last at least until 2021. There was over a billion USD worth of Tron sold at the previous top by early investors. I believe they will provide more capital if needed.
2. Tron has a strong community.
3. Tron has good marketing.
Because of those reasons, Tron will be a good long in the bull market, and I believe it will perform very well. Furthermore, somebody has been painting an accumulation pattern for Tron, so we know that Justin is willing to use his own money to paint a good chart.
Perhaps Tron has bad technology, but what matters most is marketing.
I am not attempting to call the top here, but just know that I will not be buying at these levels. I bought the bottom. I do not want to risk adding more at the top.
TRXUSD - WE SHALL PROFITBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 75 Percent
All technicall indicators of TRON are pretty good!!! If it breaks that brown zone( and it have the strenght to do it), we will moon it!
Besides, we have great news about it!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
2019 BitMex TRX/BTC tradesHere I'll try to post every TRX trade that I'll take in 2019.
I've only recently learned this style of trading from @CryptoCred on Twitter from his new Trading Guide so make sure to download it and go through it, it's well worth it for the price (it's free lol). Here's my first TRX try with this style...
Link to the Guide: drive.google.com
My setup:
Entry: 440 SAT
Stop-loss: 410 SAT
Target: 500 SAT
RRR: 2
Note: major support at a stop-loss increases my chances of success so fingers crossed! :)
TRX/BTC Upward Break PotentialHere for a quick look at the TRX/BTC pair on Binance.
BINANCE:TRXBTC Potential for an upward break, 4H RSI rising wedge along with a nice looking bull pennant.
A break of the pennant is setting my target in the 580 Sat region.
Entry: on breakout
Stop-Loss: below support of pennant
Target: 580 Sats
Tron breaking out?Tron has been consolidating in a bullish pennant for a good few days now.
On the weekly, Tron is in a 4th wave and is holding the .236 retrace of the current swing.
The pennant that has been containing price, may have just broken.
A valid trade opportunity occurs when a re-test of the pennant resistance turns to support.
S/L 495
GL
13 percent trade been exact recently on targets 2140 range is where we got and I will pull my profits and reevaluate
look for volatility measure a 5 wave breakdown..... look for divergence..... buy A..... Sell A at 38.2..... buy back at 50- 61.8 of "A" wave.... Measure a wave target 1 for 1 rinse and repeat...… rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat...….rinse and repeat
notice how I don't care if its a 1 wave or A wave.... also a B wave or 2 wave if you treat this the same way than your win percentage can become incredible