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TRON / Wrapped Ether on Ethereum (0x99950bae3d0b79b8bee86a8a208ae1b087b9dcb0) in USDTRON / Wrapped Ether on Ethereum (0x99950bae3d0b79b8bee86a8a208ae1b087b9dcb0) in USDTRON / Wrapped Ether on Ethereum (0x99950bae3d0b79b8bee86a8a208ae1b087b9dcb0) in USD

TRON / Wrapped Ether on Ethereum (0x99950bae3d0b79b8bee86a8a208ae1b087b9dcb0) in USD

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TRXWETH_99950B.USD trade ideas

Monthly Contracting Triangle CountThis contracting triangle with reverse alternation is probably the better count compared to my last chart, both are still possible but this is my new primary count because it can also be applied to BTC, ETH, and other cryptos. It also fits better on the higher timeframes and it explains why this drop was unusually violent and out-of-the-blue, which means it's likely to get retraced completely, and when the REAL bull run begins things will get a lot more exciting than they did this last run. This is a very bullish count, but it implies we're still in the correction which began in 2018 and we will probably drift up/sideways for the next 9 months while wave-E finishes up, and most cryptos could even hit ATH this year. After wave-E is finished, TRX will probably begin its vertical journey towards $10+ in 2022. Most cryptos will probably follow a similar pattern of drifting up for the rest of the year and then going vertical in 2022. My guess for the catalyst is SEC v Ripple going to trial and completing in Q2 of 2022, with a favorable ruling that Ripple's marketing of XRP was legal and not under the SEC's jurisdiction. A favorable trial outcome will allow titans of crypto like Ripple, Tron, EOS, and other developers with extremely deep pockets to begin massive marketing campaigns without fear of violating US securities laws. It also seems likely that the crypto market has already reached the bottom because wave-a of E is 61% of the price of wave-C, but I wouldn't completely rule out a trip to under 6 cents until TRX moves above 10 cents.
BINANCE:TRXUSDLong
by Intuit
4
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.1230). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.1299 TP2= @ 0.1361 TP3= @ 0.1415 TP4= @ 0.1482 TP5= @ 0.1557 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity_World
18
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.1230). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.1299 TP2= @ 0.1361 TP3= @ 0.1415 TP4= @ 0.1482 TP5= @ 0.1557 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity
6
TRON (TRX) - November 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSD 1W Chart) - Medium to Long-Term Perspective Above the 0.04413840 point: the uptrend expected to continue (1D chart) First resistance section: 0.11243825-0.12543392 Second resistance section: near 0.16442092 Support section: near point 0.08644692 If the price can hold in the range 0.10168507-0.12748467 (up to 0.09289318-0.12748467), I expect to accelerate the uptrend. If the price declines from the 0.08238160 point, it may fall below the 0.064045559 point, so a short-term stop loss is necessary. ------------------------------------------ (TRXBTC 1W Chart) Over the 259 Satoshi-318 Satoshi section: It is expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BINANCE:TRXUSD
by readCrypto
2