Trxusdtlong
TRX/USDT Bullish Pennant or Symmetric Triangle Breakout?TRX breakout the bullish Pennant or Symmetric Triangle in the 2h chart. Retest and confirmation is very important for new entries. I will target 0.382 fib extension level (0.14660) in the first stage. RSI supports the breakout.
Also price is still above the ascending triangle which I posted yesterday.
All parameters make me so bullish.
If you agree or disagree, please leave comments :) . Have a good day with huge profits.
Not a financial advice.
TRXUSDT Head and Shoulder patternTRXUSDT (1H CHART) Technical Analysis Update
Head and shoulder pattern
TRX/USDT currently trading at $0.070
Buy-level: $0.067 - $0.070
Stop loss: Below $0.063
Target 1: $0.075
Target 2: $0.085
Target 3: 0.100
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
TRX Looking to Rip to New HighsTron has been somewhat of a slow mover this bull market, perhaps the sentiment from the previous cycle as somewhat of a 'scam' coin has hindered it.
However this presents an opportunity for growth. I'm watching the overhead diagonal resistance here for a break to enter. As can be seen from the RSI there is still plenty of room for a move to the upside.
Also have a look at the 3 day chart against bitcoin, it looks great!
And as we know from the previous bull cycle, Justin Sun is a good marketer, and when Tron runs it bangs!
Good luck and please give me a follow if you liked this content :)
TRX/USDT new uptrend started?Hey guys, just sharing here my idea about the new trend that potentially has started after having completed the ABCDE correction in the larger degree WAVE 2 (shown in green). The correction ABC (shown in purple) is an irregular correction, showing signs of weakness for the bears and as you can see the following wave 5 sky rocketed making a 50% price increase. If we look at the following ABC (shown in blue) the A looks like it could be subdivided into 3 waves (5min chart), the B retraced deeply at the 0.786 of Wave A and the C extended 100% of wave A, which in my opinion makes this ABC correction a flat correction, once again showing weakness for the bears. On a larger time frame, in my opinion TRX/USDT is on a verge of a long bullish rally that will take the pair to new ATH soon, at this current low price would be silly not to stack up some TRX and just hold for a few months...As they say let the runners run!
Please guys hit that like button and let me know what your thoughts are in the comment section. Cheers!
TRXUSDT(Resistance line Breakout)#TRXUSDT Technical Analysis Update
Resistance line Breakout
TRX/USDT currently trading at $0.0295
LONG ENTRY Level: 0.02895 to 0.02950
STOP LOSS: below $0.02800
Resistance level 1 (Target 1) :$0.03100
Resistance level 2 (Target 2): $0.031200
Resistance Level 3(Target 3): $0.03430
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
Analysis TRXUSDPurchase range: 0.0256
Targets: 0.0259- 0.0262- 0.0265
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.0253)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.0256(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
trxusd Purchase range: 0.0230
Targets: 0.0250- 0.0270- 0.0290
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.0210)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.0230(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)