TRXUSD.P trade ideas
TRON: Sharks DetectedAccumulation spike spotted in the Ocean of Tron. This is usually a forensic sign of market makers absorbing a coin in stealth, which further signifies a FOMO pump may be in the making after enough of the supply is swallowed up. You heard it here first. As I always say, volume-to-price analysis is the soul of trading. My goal is to inspire and teach new traders some of the predatory tactics of the enemy as they appear in these crypto charts. If you follow my charts you'll notice the pattern of getting into my swings at shark-point low and exiting in the height of the bloodbath. My charts show you how to hunt the sharks who hunt the weak-handed traders.
TRXUSDT - Tron Lots of volume coming in on TRON. just looking at the volume profile. could be going into price discovery mode if breaks out above 5 cents. prev ATH is till about 4x from here . Watch out for TRX news
trx ideathis coin is very hard to chart , is so volatile. using the renko on the 1m i found a strong trend line from back march 2020 , the trendline stands at about 0.0460 so wrsot case it would be a good entry point (but doesnt mean it will fall that low) . also the upper part of the channel takes it to 0.0650 . one of the few coins that have not had any significant gains compared to the others. this is not a trading advise
TRX Price Ready To Jump As Bulls Are Getting Ready The daily chart of TRON hints at the start of a bullish move. On coming to the shorter time frame of 4 hours, the coin has formed a downward parallel channel. If the price breaks above 5% of the current position, it can see a rally of 25% in upcoming trading sessions. TRX price can also see a new low if it comes below the channel.
Kindly comment your thoughts below
TRXUSD good buying opportunity
- TRXUSD is retesting structure support
- Structure is pushing up
- Market formed a harmonic pattern
- Price was building in a symmetrical triangle
- Confluence of the counter-trendline support and local support area
- Overall trend is bullish
- Sentiment - Neutral
- ( Candlestick ) ??
- Plan is to go Long on a rejection of support zone
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
It's Time for Tron to Shine!Recently a resistance zone is transformed into a support and the price is rejecting this trend line perfectly. According to Fibonacci retracement expect the price to double! Good luck :)
Go fly a kiteTrx is in a diamond formation. I expect it will breakout topside. This will put my target at around .055.
Tron can give 20% return in upcoming daysthe coin has formed a triangular pattern. If the price breaks above 7% of the current position, it can see a rally of 18% in upcoming trading sessions. TRX price can also see a new low if it comes below the triangle.
The volume indicator is at 2.28M with the hint of lower buying pressure. If the price climbs above $0.06, then a strong buying volume can be seen.
Kindly comment your thoughts below
