TRON is ready...We can see that this coin is having a similar behavior to the previous "Mega Pump", as is movng on sides, just like that day... where it went to 1000+ Satoshi.... Here we will not go to 1000 Satoshi directly, but short we will move to 500+, and then we will find the previous 420/440 support where it will stand for a while until it grows again.
This coin will go to .30 cents until the summer, one of the best 2020 investments in my opinion.
ATTENTION: THIS IS NOT A FINANCIAL ADVICE, INVEST AT YOUR OWN RISK.
TRXBTC trade ideas
Buttcorn V Sh*tcoin. WEN MOON.Hi all,
I have noticed that the three wick low's of the last accumulation zone seems to be practically half the bars (days) to each of the three wick lows in this accumulation zone.
If this plays out, then we will be walking on the moon.
It is a Sh*tcoin, but... Shitcoins do PAMPPUU.
Thanks for reading,
GK
TRXBTC (TRON) Bullish Technical Analysis Update#TRXBTC TA Update:
Tron current price is 182 Satoshi.
#TRX Looks Good For new Setup but if any 1 Day Candle close above 190 Sat then Best confirmation for Entry.
Entry: 176-182 Sat
Targets: 274/348 Sat
SL: if any 1 Day candle close bellow 170 Sat them exit.
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TRXBTC MBA Trading Academy T/A FridaysNew structure forming in a bullish direction breaking out of trendline with HHs and HLs.
Waiting now for a retrace to support and form another HL and wait for a confirmation candle on support being held. Once held entry at .00000180
Entry at .00000180 in on course to bounce off center bollinger bands, extra indication as it heads back to support and confirm an entry.
First TP 50% at previous supply and if hit will move SL into no risk trade
Last TP higher again at previous supply.
If entry goes south then I am confident it will respect new trendline and let it play out, SL below previous structure.
Expect entry in the next 24 hrs
Expect trade to play out over the next 5 days
TRON Challenges Local Trendline, Getting Ready To Pop!TRON (TRXBTC) finally moved above EMA10 after a higher low and a confirmed uptrend... What will happen next?
First, let's take a look at the chart signals
Today two major challenges are taking place, the orange downtrend line, and EMA10.
At the time of writing, prices for TRXBTC are now moving above these two levels.
Daily candle closure is needed for bullish signal confirmation.
Back to 'What will happen next?"
TRXBTC can continue growing and face resistance at around 0.00000190 or EMA50.
If prices move below EMA10 with good volume, we can expect the lower purple trendline to be tested.
If this level breaks, we go lower, if it holds prices will bounce.
We are bullish here but trading volume is still needed.
Today is a Saturday/Weekend, so any signals on low volume can easily reverse, so we consider these EARLY SIGNALS... You've been warned.
The MACD is showing a bullish cross and the RSI is also looking good.
We are looking for TRON to start growing next.
Thanks a lot for reading.
Your support is truly appreciated.
Namaste.
P.S. Always have a plan/strategy if you decide to trade.
TRX/BTC (Potential Bulls Strength?)TRX/BTC
TRX is gaining strength after the price rallied 10% up but currently facing minor resistance because of the descending trend-line force.
If TRX failed to break this line, we could expect a minor pullback and form its new Higher Low then proceed to new High.
The stop-loss is below the low at 168 sats.
TRX ANALYSIS: DOUBLE BOTTOM INCOMINGTRX ANALYSIS:
TRX is incoming on a double bottom inside the support zone of 160-168 sats. Multiple red hourly candles are forming and it looks to be continuing down into the 160s. TRX is coming close to all time lows as it continues to the selloff, but given the previous support lines, buyers will step in soon. ATR is hitting lows as it inches into the low 5s. RSI pushing oversold and volume diminishing. 3/3 showing a bottom incoming and an expected rally back up to clear T1 at 174, T2 at 180, and T3 at 185 sats. The new resistance zone is now in place after the collapse. Resistance below the 200MA at 188+ is a key level now.
Possible Entires: 160-168 sats
The Horrors of Charting Low Sat Coins [Quick Updates]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Uhhg. I absolutely hate charting really low sat coins. Incredibly thick orderbooks, very difficult to draw lines or do proper technical analysis. Quick question to the community, do you have any tips for charting such coins under say 500 sats? Any tricks I should know of or that you would like to share to others?
The upside of the low sat coins is that every sat increase is incredibly good for your portfolio, as the relative percentage gains per trade are massive. That's why I will attempt a nice long position here on TRXBTC using support and resistance levels.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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