TRX/BTC / D / Is there more to come?This is not financial advice, this is just my perspective.
There is not alot to explain here.
Although I felt TRX was going bullish,
I was looking at the daily chart zoomed out and noticed this.
These could be elliott waves representing a bigger one,
in that case we could see one more wave going down.
Curious what ya'll think on this one.
Let me know what you think.
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TRXBTC trade ideas
Watch out for Retest of support lineTRX is in ascending broadening wedge...if it breaks down it is possible that it will retest the support line...if it breaks above 100 and makes it as the support then we may see a nice move to the upside...
This is not a financial advise..
please leave a like and comment below..
Thank you.
TRXYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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Trxbtc in strong Bullish formationHello guys,
TRX has this strong bullish formation, this pattern can easily give out 100% plus moves. Let keep a close eyes on it. because price already bottomed out.
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Bulls are back ''to the court of the crimson king''Trx looks oversold on weekly chart. Stoch RSI and RSI 14 supporting this idea. I'm trading Trx for a long time and in my opinion, it looks like Trx about to do a mini-rally.
Yep, maybe Trx is the Crimson King for a long time, but it's still an oversold popular altcoin. Keep that in mind.
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
Tron TRXBTC - Falling wedge + Impulse Elliott Wave- Impulse Elliott Wave completed on the weekly chart
- Due to rules, we should expect at least an ABC correction to the upside
- Double bottom pattern on RSI indicator
- Tron can start pump anytime soon as the price is currently undervalued
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Tron (TRX) Never Ending Bear Cycle (3+ Years) (1760%+ Potential)Tron (TRXBTC) has been in a bear market for the past 3 years... Amazing, in a bad way.
But, is it over?
Recently TRXBTC hit 72 satoshis as a new low, this is the same level that was hit as a high when this pair was introduced to Binance back in October 2017.
This is not the best of signals... But this might be it.
The RSI is ultra-low which at this point can be called "oversold"...
While prices have been dropping for years we have strong bullish divergence building up.
This bullish divergence is also present with the MACD.
When TRXBTC revives and changes course, you can expect a bull market that will last multiple years...
The market moves cycles up and down...
It's been down...
Soon, we will prices moving up.
Thanks a lot for your support.
Namaste.