TRXBTC trade ideas
Exit from TRX when it will close below 0.00000250 btcAs you are aware, BTC is very bullish and heading towards USD 80000 by the first quarter of 2020 (As per Peter). TRXBTC pair has created a systematic H&S pattern and near to breakdown.
We should close TRXBTC position if it closes below 250 BTC
Sell at: 250
First Target: 203
Second Target: 133
third target : 30
Regards,
Vikram
$TRX, Trying to break from resistance level at ~180sats..$TRX
Trying to break from resistance level at ~180sats..
Volume has been increasing over the last days
UCTS Buy signal on the daily chart
RSI about to reach overbought (bullish) levels.
Crossing EMA50
If confirmed first target around ~200/220 sats (20% from here)
#TRX
$TRX, Starting to show signals of life following the Alt markets$TRX
Starting to show signals of life following the Alt markets movements
Crossed above ~155 sats resistance level as volume is starting to rise (still low)
UCTS Buy signal on the 1D chart after several months of downside
~180sats as 1st target (matching EMA50)
#TRX
Is it On in TRON?Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
TrxBtc in Approaching strong bottomHello guys, Trx shown some action lately that pin point potential bottom approaching, I believe from now on accumulating TRX will not be a bad idea towards the level of 125sats.
Price trading in potential downtrend channel which almost hot the last down target and expecting major rally soon.
Looking through the past formation and price action towards the bottom zone suggested that price always form CUP when ever it bottomed out and i think same thing will be in play on TRX now.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Tron about to fly off to the moon against BTCHaving a falling wedge within forming within several months is a rare thing to see on any chart. This chart is just beautiful and I expect the falling wedge to be broken upwards toward targets highlighted in chart in months. I have taken a position in this and would be very patient in the next few months.