LONG - BTT - Trading Opportunity#BTT/USDT #Binance - After some consolidation at the 4H MA200 it has shown a continued uptrend,Looking like it's priming for a breakout.
Entry: 0.0013382
T1: 0.001406
T2: 0.001502
T3: 0.0016186
SL: 0.0012784
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Justinsun
Ready Player TRON! - (TRX)Good morning Friends, Traders, Everyone...
I hope everyone has enjoyed the price action as of late! I sure have! Many coins are seeing drastic moves in what many are calling the new bull market?!?
I don't know about all that, but let's look at one of the coins everybody knows has been prone to some 'high profile' attention.......TRX!
In our last analysis,we observed TRX retracing from it's last impulse wave, finally settling down in this Fib channel where it has began to show signs of bubbling - right on time.
What have we got going on here? Well, analyzing the last impulse wave, we see that Tron is attempting to fight its way back into the fib channel above. Now, TODAY, we enter the 200% Fib Time Zone. In the past, this has been cause for significant influence on price. I want to see a strong reaction from this time zone. Also, you see sloping downwards I've got a Fibonacci speed resistance fan indicating also here that this is a crucial moment as Tron begins to grind against the .618 line....
Finally, we have the Fibonacci Circles, which provide exciting insight into the effect of time on the chart! Tron has been forced to move up as it nears ever closer to the Fib Circle's 1.618 Golden Ratio
It will continue to squeeze on all timeframes until finally it can't take being pigeonholed into this many Fibs at the same time....
In conclusion, TRX is definitely due for a pop! I would watch this closely. The targets from our last analysis are reasonable, so I will reiterate them now. First take profit is 550 - 575, Target is 777.
TRX has the potential to go much higher.
(OF COURSE, THIS IS SUPPOSING THAT BIG MONEY DOESN'T COME AND STOMP/DUMP ON BITCOIN...)
Good Luck, Traders!
Previous Analysis:
$BTT has just startedBitTorrent has just started, looking as a bullish ascending triangle, broke, going up to new long targets, also don't forget the Justin mighty Sun hype, he's doing a great marketing job, of course it will pull some whales.
Always DYOR, trade safe, let's see if dis works.
BTT Hype not necessarily overJustin Sun made his "big" announcement today, and per usual, the rumor caused a price spike on BTT as well as TRX the other day.
I'm still bullish on BTT; call Justin Sun what you will, but his marketing is brilliant. I like to think the product he puts out is at least half as good as his marketing, even though I constantly see many people bashing him on Twitter and writing Tron and Bittorent off as scams. He's a go-getter. Literally nobody else in the crypto space (to my knowledge) has even attempted to try to knock some sense into old man Buffett. Being the legend he is, I'm so surprised that for all this time he's been crapping all over Bitcoin, but somehow thinks there's a future in Blockchain - "Blockchaiiiiiin not Bitcoiiiiiin!"(Shout out to the Crypto Lark for the lyrics)
Imagine for a second that Justin Sun becomes a main catalyst for mass adoption. You'd get at least one "banana town" out of Carter Thomas, that's for sure.
Whether you think we're just about to enter another crypto bull run in the next two months or think it won't happen for another two years, Bittorrent is going to be Yuge. Mark my words right now.
For the immediate short term, I'm waiting for this down channel to play out, and will obviously be looking for a breakout at the top of the channel, contingent upon seeing an increase in bull volume.
If you've been riding this BTT wave for the past two weeks now, awesome. Lots of fun. I'm always trying to find diamonds in the rough to add to my portfolio, if nothing else, for the thrill of it possibly going huge.
In this case, I think BTT has ridiculous potential. I've had a lot of fun in the past week, and the chart is looking good.
Never financial advice; I'm just another dude talking about crypto on the internet! Deuces!
BTT...2 DAYS TO AIRDROPHI TRADERS!!!
Btt formed a falling wedge and we can expect BTT break falling wedge very soon.
BTT Airdrop will initiate on May 11th 00:00 UTC so this can be good reason .
After the first BTT airdrop of February 12th ,price jumped 25% up.
Please share your idea and leave a LIKE . I'd really appreciate it.
Good Luck and Good Profit.
TRX (Tron) King Of Pumps...!!TRXBTC Weekly Chart
Introduction
TRON is dedicated to building the infrastructure for a truly decentralized Internet. The TRON Protocol, one of the largest blockchain-based operating systems in the world which offers scalability, high-availability, and high-throughput computing (HTC) support that serves as the foundation for all decentralized applications in the TRON ecosystem. It also provides better compatibility for Ethereum smart contracts through an innovative, pluggable smart contract platform.
Trx Has Always Bounced Back From Trendline ...
And This Time I'm Expecting Same..
Buying Above Trendline (400 Sats) Is Good..
Sell Targets 740-760 Sats
Next Wave Will be Bigger So Longterm Hodl Will Be Better..
Hit Like On Idea For Motivation..
Thanks
Tron's time coming again?As you can see in the chart, we've got a few bounces on the 150 EMA, including a drop below and immediate surge when crossing back over.
With that being said we have a support line turned resistance that may have been found (red line) - This may become a short term target line but ultimately I do not expect it to hold long.
We've also got a bit of a wedge being created that holds a timeline no later than April 20 for a price push back to the positive.
I attached my previous review of the chart which was back in January/February range. I'm adjusting those targets a bit to the northland settling at around a 50% retrace.
This could be a whiff and it could be fantastic. Your money isn't mine so don't make investments based on this without doing your own research.
Cheers!
TRX / BTC long potentialLet me first tell you, that:
1. every chart is mooving in channels and triangles ONLY!
2. you should use Moving Averages in order to get additional confirmations.
3. you should learn how to read triangles and figure out their targets.
Understand that and you will be a master analyst. Keep it simple.
TRX-BTC Long Trade PlanCommodity : TRON
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 15% to 51%
Prospective Loss : 3.5%
RRR : SL to TP1 is 2, SL to TP2 is 3.45 , SL to TP3 is 5.1 and SL to TP4 is 7.55
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
BTTUSDT: Possible Cup'n Handle Ahead (44%)My previous outbreaks and targets have been correctly predicted:
However, we are now facing the possible formation of a cup'n handle.
In my current plan, I'll seek for confirmation of the actual handle, including outbreak. I projected the possible outbreak zone from which I will buy in (3% above the outbreak).
Ultimate target will be at the .0014 USDT price point but depending on the momentum, I will see to get out earlier (like .0012 - .0013).
Happy Trading!
Ethereum Donation Address: 0x285C0455D4B8c1b9e9D9f4a03bbFa130fEcD894B