Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next:
We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B
Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B
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Tronbitcoin
TRONTron still in bullish scenario until now. Correction on support EMA 50 TF 1D, Support Trendline and Classic Support.
Correction happen after price touch fibonacci 0.618 on price 0.12867 (swing high to swing low).
Based on fibonacci -0.272 and -0.618 target price around 0.14329 and 0.16780 (swing low to swing high). Wait for confirmation before take position.
TRON CLEAN TECHNICAL ANALYSIS CURRENTLooking attain here on the 1hr time frame we can see price has come up to a all time high area coming from a previous impulsive leg to this level where price rejected from 0.18.
Currently price has tripled down the the 2.618 fib level where support is being tested, price has got to this level in toe from of a descending channel (squeeze), price has made clean touched within the trend lines confirming the pattern.
Anticipating fro price to possibly make a push to the downside one more time to the 0.119 level where a second touch of the descending channel and the outer structure will meet at the signifiant 2.618 fib support.
There is a high probability that price will reject this level and make a push to the upside once again reaching the 0.16 level, then looking for price to create support at the 2.618 level before continuing higher
TRX - buy, hodl and stake TRON! 🚀TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger is most safe of course but you can stake there just few of altcoins.
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🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Tron (TRX) can go higherTRX / BTC
We made very nice Profits in this coin since my last call 2 weeks ago in USD PAIR
today i want share with you my TA in BTC pair weekly chart
Tron restored weekly support again and try to break strong trendline resistance since 2018
Yes its high now but can go higher
I expect some consolidation now before next wave but whos know when
Tron can go higher if hold this weekly support
(keep watching weekly candles closure )
Note : we still in resistance zone
Who's bought with me at first place enjoy now 🚀
Best wishes 🙏
TRX vs BTC | Trend now BEGIN | Long Run for TRONTRXBTC has started to grow and are trying to start a massive up move.
There are a massive volume of buying in past days,
The Stoch are in oversold and headed up.
FEB for ALTs, BTC currently are in sideways thesis, You can see many ALTs are now performing a massive move.
BUY:
00000090-1000
Targets are mentioned in the chart above.
Thank you.
TRON - also out until resistance can be brokenSame like Litecoin , hitting major resistance today... Makes me think if a correction is incoming? Sideways maybe for a while, or a drop??
In any case i always listen to my chart: I am out of Tron until the resistance can be broken.
Prefer to place more on Stellar and Cardano at this stage.
2 Buy opportunity in TRXBTC , Mid-Term & Short-TermMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00000277
TP2= @ 0.00000308
TP3= @ 0.00000354
TP4= @ 0.00000416
TP5= @ 0.00000500
TP6= @ 0.00000586
SL= Break below S2
---------------------------------------------------------------------------------------------------------------
Short-Term forecast:
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000246).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of 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= @ 0.00000264
TP2= @ 0.00000276
TP3= @ 0.00000308
TP4= @ 0.00000352
TP5= @ 0.00000430
SL= Break below S3
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2 Buy opportunity in TRXBTC , Mid-Term & Short-TermMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00000277
TP2= @ 0.00000308
TP3= @ 0.00000354
TP4= @ 0.00000416
TP5= @ 0.00000500
TP6= @ 0.00000586
SL= Break below S2
---------------------------------------------------------------------------------------------------------------
Short-Term forecast:
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000246).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of 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= @ 0.00000264
TP2= @ 0.00000276
TP3= @ 0.00000308
TP4= @ 0.00000352
TP5= @ 0.00000430
SL= Break below S3
❤️ 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 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 ❤️
Don't miss the great buy opportunity in TRXBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 90.
Take Profits:
TP1= @ 0.00000465
TP2= @ 0.00000625
TP3= @ 0.00000855
TP4= @ 0.00001080
TP5= @ 0.00001305
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TRX/BTC - buy for divergence!Reasons for the purchase.
Divergence on local movement.
Divergence in global movement.
The level is built on a paranormal candle.
Bind the stop loss to the level.
Entry after confirmation.
Or postponed by order.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
TRX ANALYSIS: DOUBLE BOTTOM INCOMINGTRX ANALYSIS:
TRX is incoming on a double bottom inside the support zone of 160-168 sats. Multiple red hourly candles are forming and it looks to be continuing down into the 160s. TRX is coming close to all time lows as it continues to the selloff, but given the previous support lines, buyers will step in soon. ATR is hitting lows as it inches into the low 5s. RSI pushing oversold and volume diminishing. 3/3 showing a bottom incoming and an expected rally back up to clear T1 at 174, T2 at 180, and T3 at 185 sats. The new resistance zone is now in place after the collapse. Resistance below the 200MA at 188+ is a key level now.
Possible Entires: 160-168 sats
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the TRX priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00000206 to 0.00000191 sats
Sell between: 0.00000219 to 0.00000247 sats
Stop Loss:
The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level.
I will be keep posting more trading ideas.