Trxbtcshort
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.
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.
TRX/BTC TA Update (Retest Downward Resistance?)TRX/BTC
TRON is on down-trend action inside this falling wedge channel. A reaction pump after TRX hit the golden Fib 0.618 at 178 sats.
The price is about to retest the downward resistance which is located between 190 - 195 sats area. If TRON is unable to break the resistance again,
A potential retest of previous support or a double bottom scenario might play-out in the future.
TRXBTC - next move? - price?hey friends, we are observing TRXBTC from last 2 days and it's was rising from few days due to some fundamental news.we analyse the chart but didn't something interesting but got bearish divergence and market may move down from here and as per support and resistance we have drawn line and arrow indicated the movement.
Note : Seem market may in risky side so trade wisely.
TRX/BTC 4H Rising Wedge Formation*TRX/BTC looks to be ready to complete a rising wedge pattern.
*Decreasing volume is a good indication, look for an expansion of volume on the support break.
*A good entry would be to enter below the last low reaction
*Look to take profits on the 4H 200EMA area
Justin Sun's Child to the floor! short TRXGood morning, as Im little busy today will give you quick Idea. Next couple hours TRX Dex exchange will be launched,
I think we will see a little pop at that time, 396- 505-415 satoshi maximum what is possible. But if not, just short break down of the wedge I pointed for you. In this market we saw all great project like GVT and many others dumping hard after platform launch, so thats the fundamental.
Stoch RSI on 1D, 4h, 1h, specially 1D is on the roof and he just need a trigger to jump from it, and I predict some one will push it to jump today.
trxbtc short time profit! Buy : 675
if the formation is done 700;
Target 1 : 709
Target 2 : 721
Target 3 : 735
%8 profit !
Good Luck!
TRX/BTC Choose Your Position Time!Clear Pennant/Flag forming, break out alerts triggered. Will be watching TRX/BTC like a hawk this week. Never get married to a position, you need to be malleable.
RSI Divergence on TRXClear RSI Divergence. We are having higher high on price, but higher low on RSI.
Target 824 with 6% profit.
Good luck with trade.
