TRON ( $TRX 1W) rise but nobody care anymoreOne thing is certain, TRON like to take his time. But Alt season it is and when the sentiment is bullish our friend TRX is sure to follow.
I wait for a new uptrend to develop, meaning Higher Highs and Higher Lows on both weekly then monthly timeframe.
Sign of an upward momentum are showing
The weekly stochastic is pointing up and the RSI just print a inverse H&S.
Even though all and all is bullish I will only consider a buy after a close above the last resistance (229 sat)
Of course, remaining above the weekly low (210 sat) is important too.
The trading volumes has been on the decline since MAY 2018 meaning that the sellers are near exhaustion and the buyers can / will likely return.
I can already tell you that something is different...
304 sat has provide great support by the past and now will probably act as resistance now. Considering a first TP there would be wise.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
TRXBTC trade ideas
Tron Conquers New Resistance, Extremely Bullish (600%+)Tron (TRXBTC) continues to build up in anticipation of a very strong bullish move... This move has been in the making for long.
I believe we are about to see Tron print some really good numbers.
The charts are really bullish on the daily timeframe and MA200 has been fully conquered.
This is a bullish/green chart.
TRXBTC Weekly:
On the weekly, we can see volume starting to grow and the chart looking really bullish after TRXBTC conquered EMA10 (0.00000196).
Below is another chart for Tron (TRXBTC), here I am sharing with you the long-term targets including a new ATH.
Thanks a lot for reading... Remember to hit LIKE if you enjoyed the content.
Namaste.
Tron Conquers New Resistance, Extremely Bullish (600%+)Tron (TRXBTC) continues to build up in anticipation of a very strong bullish move... This move has been in the making for long.
I believe we are about to see Tron print some really good numbers.
The charts are really bullish on the daily timeframe and MA200 has been fully conquered.
This is a bullish/green chart.
TRXBTC Weekly:
On the weekly, we can see volume starting to grow and the chart looking really bullish after TRXBTC conquered EMA10 (0.00000196).
Below is another chart for Tron (TRXBTC), here I am sharing with you the long-term targets including a new ATH.
Thanks a lot for reading... Remember to hit LIKE if you enjoyed the content.
Namaste.
TRON WILL SHINE SOONAs you can see tron is range bound in the accumulation zone. Might be awhile before we eventually break out. Once we close over the top we should be in for a ride. If you don't have a position and are looking to get in I'd buy the bottom of the accumulation zone, or wait for a breakout and try to catch a retest. Target is monthly Resistance.
TRX ANALYSIS (WEDGE BREAKOUT, 220 SATS INCOMING?)TRX ANALYSIS:
TRX has finally pushed in a very positive bullish manner outside of the falling wedge shown in the chart. Look for entry back at 50 MA at 190-195 sats. I expect this run to continue, the volume backed by the dominance of BTC falling is positive in all ways. Look for T1 back at 199 sats, followed by the break above 200 sats to T2 at 209 sats and T3 at 220 sats. These are the most important levels to break thru as we have seen some major fluctuation recently in these levels. It is possible we see T4 at 239 sats for a double top. I would highly recommend take profit and wait for a small correction by then.
Possible Entries: 190-195 sats
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.
TRON Getting Ready For Massive Growth, Big Time! (Trade inside)Recently we looked at Cardano (ADABTC) and signals told us of good growth that is now happening... We hit our target PERFECT and with leverage for up to 276% of profits...
The next is TRON (TRXBTC), we've been publishing multiple articles about it in the hope that you can check it out and collect great profits if you decide to trade...
This is not financial advice.
Cardano Is About To Make A Very Strong Jump (100%+)
Now, we have MA200 fully conquered for TRXBTC.
Fully conquered meaning that prices challenged it and managed to close above it. Today's candle is closing above MA200 which is sitting at 0.00000192.
The volume is the most obvious signal at this time, you can see a volume breakout (big volume coming in after a period of low volume, confirming the break of EMA10, EMA50, and EMA100.
The targets are marked on the chart.
For additional information search TRXBTC on my profile here: www.tradingview.com
You can always leave a comment if you have any questions... It is my pleasure to help, thanks a lot for your support.
Alan.
Namaste.
FULL TRADE | TRXBTC & TRXH20
TRXH20
TRXBTC
LONG - TRX - Descending channel breakoutExpecting continuation after breaking out of the 2 months descending channel, good volume and nice r/r.
Entry: 0.00000201
TP 1: 0.00000229
TP 2: 0.00000272
SL: 0.00000187
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Tron TRXBTC loonking Bullish in Daily Time frame #TRXBTC Bullish Chart:
#TRX after 196 Day Resistance Line broken and #TRON Now Bullish.
Support: 180/189 Sat.
Resistance : 220/231/274 Sat.
Resistance = Target
So guys if Dominance not increasing then we can see 10-20% in TRX.
Also keep an mind in Support level.