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TRXBTC trade ideas

TRX/BTC Ascending Triangle BreakoutIn this chart we're looking at TRXBTC on the 1D chart as price has consolidated into an ascending triangle. Price is right at the horizontal boundary around 233. A breakout will be confirmed once price prints a 1D candle above the 237 price line. This ascending triangle has a price target of around 330 for about a 41% gain. Price has also broken through the EMA200 and has taken hold above it. This adds to the probability of price continuing higher. If you would like to see more of these ideas on a regular basis, follow me as I will be posting many more exciting chances to earn on chart pattern breakouts this upcoming year! Like or comment if you found this idea interesting or helpful in any way! Cheers!
Long
by TheLuckyS7ven
TRX/BTC ready for 300 sats? Welcome fellow Tradingviewers, The infamous TRX Sh*tcoin, no matter what you think about this coin, when oppurtunity arises you act by it. Without further or due, lets start analysing: We will be analysing TRX using a top-down strategy, including candlestick patterns, indicators and price patterns. Monthly : - The October monthly close gave the first Buy signal. - The last monthly close was neutral and this one is starting to look like a bullish engulfing candle, indicating more upside momentum Weekly : - The last weekly candle closed in a bullish engulfing candle, indicating more upside. - The last weekly candle did not manage to close high enough to break the neckline of the Cup & Handle pattern, if this week gets it done, then more upside momentum is expected. - MACD has crossed bullish, indicating more upside momentum. - RSI is still neutral. Daily : - The last daily candle had a huge wick to the downside, indicating more upside momentum. - It looks like the Neckline of this possible C & H pattern has been tested with absolute precision and bounced back, indicating more upside. - MACD is in bullish territory, indicating more upside momentum. - RSI is in neutral. - Currently battling the 230-240 sats area In summary: We can clearly see that the bulls are trying to let TRX take off but it is not yet confirmed. A daily close above the 230-240 zone would let me believe that the C&H is in play and that we could start to head towards the 280-300 sats area. This analyses is only intended to share my idea, to educate and entertain you guys. This should not be considered as financial advice. I hope you guys enjoyed this analyses, if you did don't forget to leave a Like ! If you want to share your thoughts, please do so in the comments below! Kind Regards, FORALLCRYPTO
Long
by ForAllCrypto
2
[300% ROI] SEEMS REASONABLE TRONBTCIt broke its long term channel and made first impulse and retraced. Good place to be a buyer here. It stayed more than 4 months and consolidate. Maybe 1 or 2 months it CAN go sideways but i need to buy from this areas. My setup like that: Buy: 200 sats Sell: 603 sats Stop: 130 sats Trade time: It should resolve in 2020. (Mid-term trade) R:R (Risk to reward): more than 6 If I can sell trx from 603 sats it means I will gain more than 300% ROI which is reasonable. If you like this format, trade setups like, share and follow for more. Thank you. You can check my other mid-long term analyisis on BTC here;
Long
by ShinjiOsako
1
TRX breaks out - up 13% in past 30 minutesTron has just broken out of a giant pennant it has been moving within for the past six months, including a move above the weekly 21 EMA and any other key moving average you care to name. This will be a crucial time now to see if TRX will continue up to join the alt party which has been gathering momentum over the past few days. Save crucial space on your Trading View chart by utilising the free RSI and StochRSI indicator which overlays both in a clear and helpful fashion. Add the essential EMA/SMA indicator to your chart too. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
Long
by BCryptological
TRX / BTC Falling Wedge. Cycle. Work on a coin.TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge . If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend. ENTRANCE 1) on the breakthrough of the line of resistance of the wedge . (maybe it’s happening now). 2) on confirmation of support in the region of 130-150 satosh if the price reaches there. Stop loss Under key support levels during your entry into the market. Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin. TARGET On the chart, I showed the first potential movement when trading in a local trend. To see in the global where the price is, look at these previous training ideas, where this coin was used as an example. 1) TRAINING. Theories of the Dow. Types of trends. Phase TRON. There is still a bit TRON Lateral movement. Possible formation of a double bottom .
by SpartaBTC