TRX in the near future $$$Hi, everybody!
Now, market is unpredictable in time. Charts are the same, but time frames different.
We might see this picture in near future of TRON. But it is just one of 1000000 ways)
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Tronbtc
Tron in Danger Zone!!!Tron has been falling since the cancellation of Dinner with Warren buffet.
There is a formation of descending triangle pattern on the hourly chart with stochastic showing selling pressure
I would prefer to short after the BREAKOUT.
Targets for Short after Breakout
T1- 225
T2- 220
T3-216
Stoploss above 236 Leverage - 10x
NOTE- DYOR before investment, this chart is for educational purpose only
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# trx / usdt # trx / btc - Globally - everything is very bad (.#trx/usdt to the dollar asset rests on support, and looking at the Bitcoin chart, the growth on trx is not going to come soon ... (except for Justin's pamp)
#trx/btc - on both charts you can see that the asset is in a downward trend.
You can pay attention when EMA8 crosses EMA21
And now you can buy the bottom, and get the second as a gift
TRON - TRX/ BTC - BEAR TRAP! This is the GAMETRON / BTC UPDATE
We had a classic BEAR TRAP. The price dropping without volume.
False bracket disruption. This support is the strongest. The false breakup made many come out of the game, typical of big players. Not only TRON but many other TOKEN had false breach.
Obbservando the RSI we have a great divergence of ALTA in game.
This is the game. Pisicology is the key to success.
Be patient. Keep a plan!
Observing the DOMINANCE of the BTC, we have a possible TOP in a major resistance ... We are very close to an "Alt SEASON"
This time the whales multiply their BTCs. Welcome back to 2017.
I have observed the MARKETCAP of the ALT thing and this week the flow is migrating there. Keep an eye on BITCOIN Dominance. This indicator says a lot.
Are you ready?
It will be the biggest BULL RUN of ALL!
HERE WE GO! CAME OUR TIME!
ALT SEASON 2019!
THE MOON IS TO CLOSE, GO BEYOND
God be with you
TRON - Support - Bullish EngulfingTRON - Support - High Engolfo.
TRX / BTC just touched your biggest support. We have a high, very powerful ENGOLFO candlestick Pattern. Every time we touched this support, we had a shot in PAR TRON / BTC.
The risk is worth it. Engolfo is a standard BULLISH.
Observing the DOMINANCE of the BTC, we have a possible DOUBLE TOP. We are very close to an "Alt SEASON"
This time whales multiply their BTCs. Welcome back to 2017.
Are you ready?
It will be the biggest BULL RUN of ALL!
HERE WE GO! CAME OUR TIME!
ALT SEASON 2019!
Justin Sun: July Will Be a Big One For the TRON CommunityJustin Sun: July Will Be a Big One For the TRON Community
After such statements I advise you to buy a coin
TRON’s CEO Justin Sun announced that July will be big for TRX community. Except the lunch he will have with Warren Buffet, Sun announced introducing BTFS as the largest of the decentralized P2P storage network.
TRX/BTC - Buying OpportunityObjectively:
- Tron is moving inside this big triangle;
- RSI Oversold;
- We're at an important support since mar18;
- Tron is one of the biggest;
- If price stays above 0,00000311 then we have a confirmation;
- if you want to be more conservative you can manage your entry above 0,00000431 (red line);
Targets:
1. 0.00000430
2. 0.00000572
3. 0.00000623
Stop:
0.00000277
***
Manage your stop according to your risk management. This is not financial advice.
TRX/BTC: A Gamble with Huge RewardIts not one hundred percent, but this really does look like a continuation inverse head and shoulder pattern, everything matches in terms of volume and shape of the graph. The price objective if the inverse head and shoulders were to break upwards would be 1249 satoshis which can be seen in the purple arrow. In addition there is major support around 300 satochis, the risk/reward on this would be insane, so if one were to invest close to 300 satoshis, there would be extraordinary lower risk for the possible reward. Bitcoin has been a tank lately, powering through everything, so its highly probable that Bitcoin will just steam roll through Tronix despite everything.
Continuation Inverse Head And shoulder:
1.) The general shape and volume match those of an inverse head and shoulder, it can be seen that volume is decreasing throughout the movement and there is a lot less volatility on the right shoulder suggesting possible accumulation.
2.) Using the Moving average convergence divergence (MACD), it can be seen that during the head portion of the last move, as the weekly moving averages converged and had a bullish cross, there was huge upside potential in tronix.
3.) Also, using the stochastic, there were two bullish crosses that occurred in this move, the second one was a significant divergence. (It could be argued that since the divergence isn't as large on the right shoulder when compared to the head, there will not be as much upside potential as well)
However, for something like this to occur, bitcoin would either need to be stagnant while tronix pushes up, maintains its price while BTC drops in price, or increases faster than bitcoin. This is possible, but I don't think it is highly likely, thus, I do believe this is a gamble.