TRON - Short Opportunity (Read first!)We've made some great profits with TRXBTC in the past days by not blindly jumping in a position
but wait for a certain levels to break - The ideas are linked blow.
Again, we will be patient and wait for clear signals.
If we close below our Support (Red Box) at 0.00000186, we consider to open a short position to our
next Support Zone (Target) from 0.00000168 to 0.00000171.
Our Stop Loss ( necessary! ) is located at the Resistance Line 0.00000198.
I will update this chart accordingly.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
TRXBTC trade ideas
TRXBTC is a good LONG on Daily TimeframePattern:
- Ascending Triangle formation on 4H and Daily Timeframe.
Moving Averages:
-Holding support above 50MA on Daily.
Other Indicators:
MACD is looking bullish on the daily timeframe.
S/R Levels:
Support: 0.00000153 BTC, 0.00000166 BTC
Resistance: 0.00000183 BTC, 0.00000193 BTC, 0.000216 BTC
Trade Signal:
Entries: 0.00000164-172 BTC
Exit: 0.00000198-213 BTC
STOP: 0.00000156 BTC
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.000002~0.0000019
Target Point: 0.00000209/ 0.00000229/ 0.00000243/ 0.00000253/ 0.0000273
S/L: 0.0000018
Risk: HIGH
Term: Long
It`s making Cup Handle of Cup
The Volume will be down and Cup Handle will be completed
Then, It`ll pump again !!
=====================================================================
Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
=====================================================================
TRX potential to continue uptrendTron hit all targets sisnce last post giving 18% profit (multiplied by your leverage). Now accumulates around 190. Strong resistance very close above at 195. Next coming at 203-204. Falling below current support will cause it lose momentum and fall down to ~175.
Last post: Important resistance levels are at 183 - 194 and 200
TRX leading the big cap army?Large caps are starting to look very attractive on the mid to higher timeframes.
- Big divergence formed and now wants to be confirmed
- Got a nice kumo breakout on the 6H that could be the start of a nice uptrend.
- OBV in a super tight channel on the daily.
- Sentiment is slowly shifting to 'hope', the next part in the market cycle...
A market entry here is fine IMO, as long as you place your SL below last swing low.
Also take a look at one of my older charts on the Bitcoin dominance:
Let the bulls have their meal!
TRON - Short Opportunity (Retracement)We safed some good profits during the leg up, now it's time for a correction based on Fibonacci Retracement.
(Various other indicators are giving us a sell signal. I will try to keep the chart simple and clean.)
Expecting to reach Target Zone from 0.00000182 - 0.00000186 soon.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
trxbtc price showing strong reversal signalHello guys,
Spotted potential reversal pattern on trx with huge target reward.
Price moving in possible channel like pattern with price bottom out to form potential ISHS.
Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
TRON - Broke out of 2-Year Wedge, Bullish momentum comingLooking at Tron's daily chart, we can see that it has completed a 2-year descending wedge. So the overhead resistance which had prevented the price from moving higher is no longer there. I also like that the daily MACD is right at the zero-line. A break above this level is bull territory. The bullish signs are there. However, I'm not moving in just yet. I will be waiting for one of two things before buying:
1) Bitcoin to hit bottom - This usually gives the alts permission to move again. The alts are not dropping like they once did against Bitcoin, which suggests their bottom is close. However, even if TRX/BTC doesn't move at all on its Bitcoin chart, its USD chart will lose value. Waiting for BTC to bottom could allow you to buy TRX at a discount.
2) Buyer volume moves in and pushes the price up with force - We had a breakout of the wedge, but the price hasn't moved yet. We're lacking volume. I think once the volume comes, it will come with some force.
Keep Tron on your radar for good entry points. Getting in early as the alt season begins could be very lucrative.
Will TRX Uptrend go on ?Since the 2nd October, TRON did a good development.
The Bulls broke one resistance and turned it to a support, another resistance line was hit.
Will the trend continue ?
It is possible, the price is far above the 30 EMA.
The price has not reached the 70 RSI line yet.
The candles look good as well.
So there is definitely a possibility of trend continuation.
An entry would be ideally above the Resistance line 1.
If the price drops below the Support 1 line, then the Bulls are losing and we have a chance to short it.
TRON - $TRX - Are you ready for the next leg higher? We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher?
Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom.
Breakthrough that rising channel
Movering towards 223 sats
I believe that there is still more upside ahead! The potential on this one is huge!
We closed above (weekly chart) 170 satoshi! A great signal!
We here go
#TRXBTC #TRON $TRX #CRYPTO @justinsuntron