TRXBTC trade ideas
TRXBTC SimplifiedPlan A - Enter between 201-215 sats. Sell targets within the red boxes whereby the diagonal resistance is reached.
If this poo's itself, then revert to plan B. Buy around 169 sats, by then, it'll be recharted for potential sell targets.
Stop losses should be tight, but make sure that you avoid liquidity pools.
And plan C... well, just take some pills and cry.
GK
TRXBTC : Possible 40% LONG Trade TRXBTC is holding the uptrend channel support since September, which is a bullish sign.
TRXBTC is also holding above 50,100 Daily MA.
MACD is about to turn bullish after potential crossover.
I am expecting TRXBTC to drop from the current price(0.00000215) and find support above 0.00000201 BTC. Anywhere between 0.00000201-206 will be a good area to LONG TRX.
Targeting above 0.0000028 BTC
STOP Below 0.00000196 BTC
$TRX, Pushed back to ~210 sats level and is flipping R/S$TRX
Pushed back to ~210 sats level and is flipping it back to support...
UCTS starting to show buy signals on low TFs, buy signal flashing on the 12H chart
Both EMA50 and EMA200 acting as support while RSI is returning to bullish levels...
#TRX
TRON Moving In Ascending Channel | 200%+ Of Profits PotentialTRON (TRXBTC) is moving within a broadening wedge and moving higher... Each time the bottom of this wedge is touched, prices move higher. When the top is hit, prices move lower...
Right now we can clearly see that TRXBTC touched the lower part of the channel (blue checkmark) and bounced to move above EMA10,50 and EMA100.
This opens up the potential for a bullish move.
In the case the above bullish channel is broken, I've marked the different support levels with blue dashed lines. Even if the channel breaks, TRXBTC remains bullish as long as it is trading above 0.00000135 on the weekly time frame.
Thanks a lot for reading.
Namaste.
Tron
It is supported by 20MA.
If it falls, there is a possibility of touching the upward trend line.
I think there is no answer if we fall from this upward trend line.
Must be supported by an upward trend line.
Prices fell below the uptrend line and below 0.01364.
If it falls, it is expected to go down to touch the 0.01120 point.
Below 0.01364 is the mid to long-term investment area.
Buying is possible when the bullish trend comes out, but be cautious in trading.
When the price rises above the upward trend line and the 0.01364 point, I think it is better to buy.
TRX/BTC TA Update TRX/BTC
TRX has been consolidating in this downward channel (Bull Flag). If we can hold 198-186 Sats then there is a high probability continuation to the upside will continue.
An uptrend is still intact provided we don't close below 176 Sats. Trade priority is going Long
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Trading is simple, don't over complicate things :)
TRON To Resume Its Uptrend? Analysis With Potential ScenariosTRON (TRXBTC) might be done with its retrace, but it is still too early to know for sure.
We can see that TRXBTC is moving within an ascending channel, slowly printing a beautiful uptrend... Prices can go up from here.
Potential scenarios for TRON (TRXBTC)
If 0.00000191 holds and TRXBTC moves higher, it is very likely that it will continue to climb up and reach a new peak. The confirmation is set after a close above EMA100 (0.00000210).
On the other hand, if TRXBTC moves and closes below 0.00000191, it can easily test the lower support levels at 0.00000178 and 0.00000159.
The sentiment is looking bullish overall.
The altcoins vs Bitcoin pairs are starting to grow.
Looking at other altcoins, it is possible that TRON as well will resume its growth.
Namaste.
TRXBTC Bullish channelTRX/BTC is held in a growing channel that almost perfectly respects. It has a correction structure + is located on the lower trendline, from which there was less reflection.
In this case, our Buy Zone is worth 199sats to 194sats. If we can't buy TRX in the buy zone, we don't mind buying it in our Key Zone. Stop Loss goes just below the 189sats channel, because if it breaks it down, it may not get back. Our Take Profit Zones are resistance from historical graph development.