TRX You Are Wrong! Don't Short Yet ~This is for the people who are going SHORT on TRX. As you can see the trendline indicated in blue acted as strong support 3 times before. There is still some upside movement possible going short now is a bad idea!
- Short somewhere between 831 & 859
- Short if we break the blue line
Bullish if we break 859
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Sedat
Tronbtc
TRX slowing down for an expected retrace, My trading plan!Whats going on my friends! Big news the long awaited VanEck SolidX Bitcoin ETF application has been WITHDRAWN!
Lets get to the this trade.
TRX is retracing i am currently waiting for re entry at the moment at my BUY ZONE BOX as most
of you know all of my calls on TRX have been spot on and i will continue to give you the most accurate
calls possible. Wait for a BTC retrace which could happen soon and that is when we will see all major ALTCOINS
breakdown though i still strongly believe TRX will RESPECT its trend-line. My personal ENTRY POINT will be set at
644 with a 10x long position. I will keep you all informed on any new changes that may occur due to the potential
BTC sell off INCOMING!!
Also if you want more ACTIVE UPDATES on some of you favorite ALTCOINS then make sure to join my DISCORD community
LINK is below in the SIGNATURE box!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
What about #tron? Is there a #bullrun in the #chart? Or....Hi traders,
I've read some things about Tron last days. That it will be bigger and bigger. Yes maybe, on long term it will. I don't surely know. Even like other crypto's we see that also Tron is just in a massive downtrend. Yes, there is a smaller uptrend after the downtrend. But, both are still in a big downtrend. Check the chart above.
Only if it can break the big downtrend it will be a massive signal. Otherwise the bear is in play.
Also this smaller pushes give oppertunities to trade on. On long term it's just a downtrend.
Thanks for the likes
BTW: the hashtags in title are for twitter sync
TRX shortLook like standart cicle, waiting for 50% fibonacci after 61.8%. Good opportunity to short
After BTT tokensale on January 28, we can see dump of TRX, from those who did not have time to go on the sale and have already received the airdrop tokens. Be careful and put stop losses.
breakermag.com
TRX found a new support and is going between 0.031 and 0.036Good afternoon friends and followers,
Here is an update of where TRX is at today. As you can see in my previous chart we have been approaching the 100 day EMA and brief history has it as the new support. Anyways... as it looks today, the buy in zone has changed from .0207 to .0215. As the days move on, the EMAs make adjustments as well. So the buy in has changed slightly and seen as measured move within this chart. What you are seeing are references made from extending the 50/100 EMA which in affect has them crossing each other within 6 days or less. The red arrow is is the selling pressure and the green lines are the mark of a new trend with the actual cross over. I would say that this would be a good point to enter long setting stop losses a little lower then the cross over.
Until then, the trend is your friend. Buying on the dip and selling on the hype.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
Cheers!
Main chartist figures and resistancesTRX/BTC on an upward chanel supportted by EMA20 on the 4H and forming a bullish pennant (1), has more chances to go up from here.
Two extreme cases to consider:
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(2) - If price start a strong rise inside the 54bars from point C and end up breaking the resistance of the bullish chanel by the 22nd January 21:00, then we would validate a bearish AB=CD formation leading to a decay in prices.
(3) - If price break the bullish chanel support and also the support created by the past swing down, we would probably observe a valid double top with higher chances to stablish a mid term counter trend from that point.
I called the previous Tron bottom. My current thoughts.I have called the previous Tron bottom three months ago. Check that out in the related ideas section.
As you may know, I have been a permabull on Tron for very long. It is because I own Tron myself, and I am biased, but not without reason.
Tron is a good buy and hold.
1. Tron team has cash to last at least until 2021. There was over a billion USD worth of Tron sold at the previous top by early investors. I believe they will provide more capital if needed.
2. Tron has a strong community.
3. Tron has good marketing.
Because of those reasons, Tron will be a good long in the bull market, and I believe it will perform very well. Furthermore, somebody has been painting an accumulation pattern for Tron, so we know that Justin is willing to use his own money to paint a good chart.
Perhaps Tron has bad technology, but what matters most is marketing.
I am not attempting to call the top here, but just know that I will not be buying at these levels. I bought the bottom. I do not want to risk adding more at the top.
ARE YOU READY TO BUY THE TRON/TRX DIP?Hey Fellow Traders!
TRX is back on uptrend and we saw a great channel breakout but guess what we are going back soon to our support!
Why?
Because it's too much overbought!
So, Where is our support?
It's the blue line on the chart! Our 20-DAY EMA and we are be going back there in a couple of days!
Keep watching to buy-in!
Thank You
TRXUSD - WE SHALL PROFITBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 75 Percent
All technicall indicators of TRON are pretty good!!! If it breaks that brown zone( and it have the strenght to do it), we will moon it!
Besides, we have great news about it!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
EASY TRON/TRX TRADE BUY OPPORTUNITY!BINANCE:TRXUSD
Hey fellow traders!!!
Here is an Easy short-term trade opportunity for you...
As you can clearly see we are moving upwards and holding strong support over the 200 day EMA on a 15 min chart.
So, Our buy zone would be clearly at the 200 day EMA on a 15 min chart as we bounce back every single time from here!
P.S. be patient and wait for the prices to touch/pass the 200 day EMA to Buy-In for an easy short-term profitable trade.
Good Luck!