TRXBTC trade ideas
TRXBTC: A final bull trap ahead? Hello,
In the short term, we can have a good opportunity for buying. However, in the long term, I think we can easily break through 140, perhaps even sub 100. Similar to my analysis on ADABTC , I do think that we may still see a significant downtrend in the next weeks or months.
GENERAL RULES TO KEEP YOU SAFE:
1. Do not risk more than 2-3% per trade!
2. Always use stop-loss!
3. Do not FOMO!
4. Do not add to a losing trade
THIS IS NOT A FINANCIAL ADVICE so, please do not follow it if you are in doubt. DYOR!
TRXBTC 1hHello everyone. In my previous BINANCE:TRXBTC idea, I told that there is a big possibility that correction has over. That idea still working and now im showing u opportunity for TRX on smaller timeframe. Instrument can go up from current prices, or go down to red line and then make reversal. As always, moving below yellow line will abandon this idea.
TRX/BTC BINANCE1D candles
As far as price stays in the parallel uptrend channel,
we have bullish movement
Bar Pattern repetition expected
MACD is crossing
volume is rising
If price breaks up or down the uptrend parallel channel,
If UP --> Tron is going to the moon and
If down --> New analysis is needed
Good Luck
DFT - Tron no surprise vs BTC-TP1 at the top of the cloud of the current rope
-TP2 at the next rope
Observation:
-The R/R is rather safe.
-Waves resultant holding the price is almost turning green.
-Long term cycles building slowly but surely a momentum.
-The Clouds of resultants from volume is stained by some red clouds but all volumes rope had been crossed by the clouds (can't popularized it more sorry :p)
Gl
TRON TRXBTC prepared for a rallyHey guys welcome for a fresh crypto update, please like and follow to support us
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TRXBTC sitting on 220 sat support zone now looks prepared for the next rally, which could take it towards 300 sat weekly resistance mark
if alts mcap keeps continue its growth than TRX will follow its path, incase if this trade goes wrong than 180 sat is the level to take an exit
better you proper manage your risk
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TRXBTC. 61.8 is comming, buy low sell high.Hi there,
TRX againts BTC finished uptrend and now heading for retracement.
Our prediction for TRX againts USDT pair playing well.
For now strong support zone is placed at 61.8 Fib level + Demand Zone.
This collaboration is very strong for upside continuation.
PA tells RE-accumulation is already happening.
While weak crypto traders selling TRX - Big Money slowly buying bags.
178 days of accumulation will push price higher.
First sell of is done and re-accumulation is happening.
TRX should go for another Swing Highs soon.
Tron TRX Golden CrossIt doesn't get much more bottomey than this. Double rounded bottoms with a higher low, a Golden Cross on the Daily, and a break of key resistance.
Today is a key day. We are looking for a close above this resistance. However it would not be surprising if this does not wait around.
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!
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Cheers!
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