TRXBTC trade ideas
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.
Top 8 BTC Markets for Swing TradingI backtested every BTC market from Binance, from january 2018 to now, using the strategy tester.
To get a clear picture, I backtested all those pairs on the same time period, from the year 2018 in january to today. The results include only long trades with no leverage, as in successive Buy and Sell orders.
Most altcoins have been performing badly in 2019 with the bear market, making it hard for a Buy & Sell strategy to be profitable. However I managed to list 20 coins with which the strategy was profitable and beating the Buy & Hold return.
Here is the top 8:
ONT/BTC
Link/BTC
Enji/BTC
TRX/BTC
Holo/BTC
ETH/BTC
Iost/BTC
Cosmos/BTC
The indicator I use to backtest and create automated alerts is private and called Cyato H.A. Swing. It uses an Heikin Ashi bullish and bearish candles strategy. The goal of the indicator is to quickly find and setup a Buy & Sell strategy, on any market.
You can get it using the link below.
To receive more analysis, you can follow my profile. Thanks!
Ascending triangle beginning of an uptrend?On the 4 hour TRON shows an ascending triangle and the question is whether it can continue the new obtained momentum upward. The RSI is looking healthy, the MACD is about to cross in bear territories.
Short-term target will be 220 sats (12%) but it can go even higher on mid-term.
A lot is dependent on what Bitcoin will do in the next couple of days.
Let’s see what she does next. Don't forget, do your own due diligence before committing to a trade.
$TRX, Breaking from descending trendline $TRX
Breaking from descending trendline & crossing over ~186sats resistance following the activity that the market is showing today..
If continuation happens, targets at 215/245/275 sats
Do not FOMO or buy at the top of a candle, wait for retests/flips to minimize risks!
#TRX
TRX/BTC TA Update (Bullish Breakout Confirmed?)TRX/BTC
TRX finally broke bullish of this descending channel and manages to get above the 50D MA.
Our immediate support area is between 192 - 186 sats or the 0.5 Fib.
We can see two bullish green volume below indicates this uptrend has genuine bullish momentum.
Tron TRX update. Trade as you see fit. Broadening Wedge?Hi all,
A quick update on TRXBTC. I see this playing out, really good for quick scalp trades, which I will be doing. I do have longs open from a previous post a while back, that caught trx in the buy in range perfectly.
Also, just had a test on the falling wedge, though I would have liked to see more buy volume since this was practically non existant. Furthermore, use larger timeframes and plot key trend lines, volume and basic TA.
Im not here to say when to long, short or how much leverage to use. If you're on here, you should know.
Trade safe, and always keep an eye on BTC.
A small fish in the ocean is all I need
The Gatekeeper