Tron Breakout Of Falling Wedge, Challenges EMA50 | TargetsTron (TRXBTC) is now breaking out of a falling wedge on increasing volume, giving out a strong bullish signal.
We can also see that EMA50 (yellow) is being challenged right now and a close above it can send TRXBTC flying up (green arrow). You can find additional targets if you zoom out.
Here you can find Tron with leverage (TRXH20):
Thanks a lot for reading.
Namaste.
TRXBTC trade ideas
TRX/BTC TA Update (Bullish Descending Channel?)TRX/BTC
TRX is testing the downward trend-line again and if TRON fails to get above it. I can see a minor pullback to 180 sats area to form a potential Higher Low.
And if that Higher Low holds, chances of breaking bullish of this descending channel is likely to happen.
The RSI is also giving a bullish divergence, keep in mind the price is trading just above key golden support 0.618 level.
TRX/BTC TA Update (Retest of bottom channel?)TRX/BTC
TRX broke support at 180 sats area, this rejection from descending channel will send TRON down to 167-160 sats if no follow-through from the bulls to bring the price up.
There is a potential for the RSI to hit oversold levels again before a pullback to happen.
A retest of the bottom channel of this pattern will give traders a chance to open Long positions if a sign of reversal appears.
TRON TRXBTC Target Achived and 40% ProfitTRXBTC Chart Review Analysis:
TRXBTC short entry was given at 490-493 Satoshi.
and Price exactly Hit our Short entry Zone.
and I also told you About 12 hour Bearish analysis.
and now Price of TRXBTC is 179 Satoshi.
almost 8% Profit without Leverage .
and
40% profit from 5x Leverage.
Now Price stay above Current support level.
if this level breakdown then we can see next 166 Satoshi of our next target.
TRON TRXBTC Technical analysis Short Term ChartTRON now Price is 187 Satoshi
And I shorted TRXBTC at this level and also 193 Satoshi.
Best Entry 193 Satoshi filled.
Trendline Resistance Rejected with strongly.
I can expect next level for My position Close its can be 166-176 Satoshi.
because 166 Satoshi is very good support of Trendline support .
And 12 hours death cross also happened before some day so I am still bearish.
Safe trade
Book Profit
TRON TRXBTC Technical Analysis Mid Term and Short TermTron Now Looking Neutral and Current Price of TRXBTC is 185 Satoshi .
And price sustain same price around 15 days.
and There are two scenarios
1st if one spike occurs then 193-199 Satoshi is my best Entry For Short.
And also Shorting TRXBTC at this Current Price and if spike then I will average my Short.
and My Target will be 167 Satoshi.
If You are Waiting for Short then 193-199 Satoshi is best price for Short.
TRX/BTC TA Update (Early Sign of Bulls?)TRX/BTC
TRX is holding a critical support area or the golden Fib level. This key support between 183 - 177 sats are the most level to defend by the Bulls to keep things alive.
The price is still respecting this downward bullish pattern which typically breaks to the upside. An early sign of bear weakness is unable to bring the price to lower
low since the minor pump happened last Dec 22. If you're going to play a Long position, you can place your stop-loss below wick at 175 sats area.
TRON Trade Signal For 200%+ [TRXBTC](200%) @alanmastersHere is a trade signal for TRON (TRXBTC). The chart is now fully ready and it is very likely that we will have a bullish move here... If the trade goes wrong, we have a stop-loss in place.
----
PAIR: (TRON | TRXBTC)
BUY: 0.00000190 - 0.00000220
NEXT SUPPORT: 0.00000165 - 0.00000185
TARGET:
(1) 0.00000245
(2) 0.00000285
(3) 0.00000310
(4) 0.00000355
(5) 0.00000420
(6) 0.00000535
(7) 0.00000600
PROFITS POTENTIAL: 200%
(Buy calculated at 0.00000200)
STOP: Close weekly below 0.00000135.
----
Alan Masters Quick Tips
Make sure to have a plan/strategy before you trade.
Trade at your own risk.
This is not financial advice.
Be grateful.
Accept your mistakes and learn from them.
Read, study, practice, work, consistency, dedication = Positive results.
Wishing you great success, wealth, health, prosperity, security, and profits, now and always...
NAMASTE.
Inverted Head and Shoulders TRON BTC 06.2020The inverted head and shoulders pattern is exactly the opposite of the traditional head and shoulders, as it signals that the action will make a high movement. Often, at the end of a downward trend, the inverted head and shoulders is considered a reversal pattern, since the action usually rises after the formation of this pattern.
The projected price movement is made based on the height of the graphic pattern, which is the distance between the price of the top of the head and the neck line.
06.2020
# TRX
#TRXBTC
#TRON
TRXBTC SHORTIt seems that TRX is going down on a falling wedge and every time it touches the yellow limits in the MACD graph it decides to reverse the trend.
maybe it is now the time to fall again to 180 sat and below from 200 and maybe a profitable trade on the bearish market
its not advice so trade on your conclusions my friends