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TRON / Bitcoin

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TRXBTC trade ideas

TRXBTC HUGE Cup and Handle???As you can see on the daily TRXBTC there is a huge cup and handle potentially at play here. With Justin Sun constantly trying to pump Tron who knows? If Tron is able to get a bit more momentum against BTC around the 0.00000250-280 region who knows what could happen? If you look closely the handle in its own right this could also play out its own C & H. One solid positive news story could be the instigator? That's if BTC doesn't dump hard again to spoil the party but Tron has been fairly strong in recent weeks. I'm long from 0.00000210
by bjmh
TRON at a 13% Discount - Potential Entries Before Next Leg UpA quick post that I thought was worth mentioning. Tron reset the RSI correcting ~13% since last night. When I saw that it was sitting on a confluence of support level from several different trends, I couldn't control myself and bought some more TRX at this 222 sat level. Bitcoin just had a little shakeout to $46750, but maintained it's bull flag. If it can show some strength and have a solid breakout beyond $48,000, I think we can expect a bullish continuation from TRX. The price could really fly if it breaks out against BTC.
Long
by jpbrown1023
TRXUSDT Break Descending SymmetricalTRXUSDT is consolidating in a Descending symmetrical triangle line. Breakout is imminent. breakout above the symmetrical triangle's inclined resistance. Possible price actions and targets are indicated by the arrows on the chart. The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.
Long
by GhazanfarTader
Tron vs Bitcoin Bullish Chart (200% Target Mapped)Tron vs Bitcoin (TRXBTC) has a good looking chart which points to higher prices. We can see here a correction that lasted 85 days since early May until late July. This chart is similar to most of the ALTSBTC (Altcoins vs Bitcoin) pairs that are yet to hit new highs. Despite Bitcoin's recent drop, this pair and many others are set to move higher... Something is cooking behind the scenes. Chart Signals We have prices trading above MA200, EMA50 and the rest of EMAs. Both the RSI and MACD are very strong. The RSI is at 64 and the MACD on the bullish side and showing a bullish cross. Low volume has been common all throughout the year, bots/algorithms are the ones doing the trading but at this stage low volume can be taken as a continuation signal. The bullish bias remains very strong above 0.00000171 and/or MA200 at 0.00000181; below this level things can change. We are aiming for higher prices. The targets are marked on the chart. Be Wise When Trading Be wise and be patient if you decide to trade. Take your time to think, opportunities are endless in this market... When one pair goes, another one takes its place. Your patience will be tested, that is exactly what the market does. If you can remain strong, you are sure to reach your goals. Namaste.
Long
by AlanSantana
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