Don't miss the great buy opportunity in TRXBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 90.
Take Profits:
TP1= @ 0.00000465
TP2= @ 0.00000625
TP3= @ 0.00000855
TP4= @ 0.00001080
TP5= @ 0.00001305
SL= Break below S2
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TRXBTC trade ideas
Tron breaks 2 1/2 year trend to the upsideLets be honest, Justin Sun is one of the loudest people in cryto. Lots of people roll their eyes at his constant promoting of announcements. However, we have clear, significant upside movement in the last few days. A lot of this is due to the staking to get SUN tokens. This has pushed Tron above the trend line of the wick and the body of the last 2 1/2 year trendline. What's next? Tron needs to stay above the red line shown in the chart and close a daily candle above it - About 396 SATs. If it holds, we should see some bigger moves to the upside.
$TRX, Flying on the daily regardless the drop on BTC..$TRX
Flying on the daily regardless the drop on BTC..
Reaching ~370 sats resistance level after a 40%+ run.. (volume also showing great levels)
If its able to break over it &/or flip it into support then aiming for further continuation..
Weekly looking strong AF
#TRX
Simple analysis of trxHello friends
As you can see, Tron broke the resistance in front of him and with the fundamental news published by Justin Sun, I think he is growing very well. Be profitable.
Congratulations to all of you, my dear subs, who believed in my trading methodology, and challenged the world by being a bull! We deserve to celebrate!
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TRON Gains Momentum (New Long-Term Targets, 185% Or More)TRON (TRXBTC) is finally moving and just as I told you...
Once it starts to go, it goes and it goes strong and for long.
Here I am sharing new long-term targets with you...
We are looking at the weekly timeframe.
The next target is sitting at 0.00000399 weekly.
We also have 185% potential long-term and up to 280% based on Fibonacci proportions, you can find the additional targets by scrolling up the chart.
This is all shared for learning and/or entertainment purposes only.
You need a well-developed plan/strategy, and your own research, before you trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
TRON (TRX) Has Lots Of Room For Growth (Next Target Mapped)TRON (TRXBTC) is now trading above some major EMAs and has plenty of room available for growth.
With prices trading above EMA200 and MA200, the green arrows marked on the chart can easily be followed.
We can see the MACD curving and starting to print a bullish cross, this while staying above the zero line.
The RSI is now sitting at 62 which is very strong.
This pair can easily grow from here for days or weeks... Patience is key.
Previous chart with long-term targets...
TRON Goes For 375%, 760% Followed by 1030%+ | June 7
Remember to hit LIKE.
Namaste.
De-Cypher this one!While playing with some time intervals I stumbled on something looking like a Harmonic pattern. After some research I saw you need point B to close above the 0.618 which it fails to do so but it stays in the golden pocket meaning between 0.618-0.65. Also point C needs to go between 1.272-1.414 but isn't really invalidated if it fails to do so apparently. Then I did some freestyling to calculate the projection. So this is rather an experiment than a technical analysis I would say. If you have experience with harmonic patterns or tried something similar, feel free to comment!
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
Would you look at that... :)Posted about this one a while ago while it was still accumulating. If you wanna hop on a trade and take up the bigger risk now, I would wait to enter/re-enter around 240-260 sats where the new support should have formed now. If it doesn't hold strong, then maybe this is the top. For the immediate immediate short term, like next few hours, we could still get a second test of the ~300 sat level before making a correction. Weekly candles look good on the bigger picture. Take profits.
Want to look at something that hasn't broken out of anything yet, check out RVN. I think it may be gettting ready for a solid move like TRX just showed us. Beautiful. Enjoy your gains. Also, fundamentals don't matter here, remember :)
TRXBTC In Very Tight Range, Could it Break UP Soon?It looks like TRXBTC is getting close to the end of this very tight range it has been in for the last year. IF this breaks up we should see a massive swing in the upside direction. Generally when volatility hits all time lows, like it has for the last year, it eventually breaks free from the low volatility range and volatility will skyrocket back towards all time highs. I also think that there's a very good chance that TRXBTC will break the previous all time high price if it can break up from this range. Not sure EXACTLY when it will break up from this range but I have a feeling it will happen within the next few weeks.
There are alot of fundamental reasons why TRX is superior to BTC, such as faster transaction speeds, free or very cheap transaction fees, a vibrant dapp ecosystem, better development, actual leadership, no selfish miners, larger development/marketing budget, official acquisitions and partnerships, scalability, and several other factors. On the off chance that this breaks DOWN from the range, I think it will only be a temporary and short lived break down, followed by a much larger recovery.
TRON (TRX) Starts To Move | Next Target, Easy Hit!TRON (TRXBTC) has been under-performing for years compared to other altcoins... So it will move big once it starts to go.
I shared for you multiple charts, many reminders with targets... And today we are starting to see momentum build up.
Here is the next target for you mapped short-term.
We have strong volume coming in with bullish indicators (MACD and RSI).
The entire altcoins market is looking really hot and continues to grow. It has been growing for months and the charts are saying that it will keep on growing for years to come.
Namaste.