TRON (TRX) Loaded and Locked! 4H timeframe:
TRX had a nice rally into 1000 sats two days ago. We had a nice pullback and are obviously in an accumulation phase and ready to take off for another rally up!
Price seems tank at 0.618 fib level (around 870 sats). A break below this level will drag us into next fib level 0.5 (around 792 sats) which I find it very unlikely at the current moment and condition.
Buy order:
860-890
Target:
1) 1000 satoshis
2) 1300 satoshis
Stop Loss:
790 satoshis
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Spread the knowledge and happy trading :)
Tronbtc
TRON at the Crossroad.Hey, I am back with another Technical analysis this time looking again at TRX .
Tron had a lot of controversy in the past, but the creator really believes in the Tron with the whole China being excited for tron, at 31. May is Tron releasing they Main net, which can lead to a pump or a dump.
That was in short about Tron.
Taking look at the chart.
Tron is in a Bearish channel sitting at strong support zone, if support fails Tron will dip lower. Everything other is written on the chart.
Taking look at the Indicators.
RSI not looking that good, shows low demand, fails to hold bullish, needs to cross key level of 50.
MACD is looking good so far, curving.. it will curve if the price will remain at these levels.
I think thats about it.
Hope I made your view on whats going on with Tron somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
$TRX TRON; Potential Bounce IncomingLooks like we saw the chart do something similar to this in a recent subcycle, but there's not quite enough data to confirm yet. Especially considering the whacky BTC/ETH/LTC action we've dealt with over the past few days.
Keep an eye on it if interested. Longs should prob just hold tight, but those on the sidelines might want to consider the opportunity to scalp or just open a position here. I bought back in.
Tron (TRX) 2nd Entry Point (After 100% Profits)We have a trade foor Tron (TRX) that is still valid, but I asked for a new entry point; a second chance.
After giving us a very beautiful 100% profits on our last trade (check the related ideas at the bottom of this trade), Tron (TRX) is consolidating and getting ready for additional action.
It is time to load up some more.
Tron (TRX) 2nd Entry Point with Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.00000820 - 0.00000940
Stop loss: 0.00000710
Targets: (Visit my old Tron trade).
That's all. This is simply a 2nd Entry Point.
Note: Aim for big profits. Tron (TRX) is very famous and many, many people are buying it and have high expections for it. We made an easy 100% profits here and there is definitely lots of more room available for growth. Of course, after this big increase in price since we started trading Tron, it can take some time of accumulation before the next run. That's perfect, we don't mind waiting, as long as in the end we end up with our pockets full of Tron. Which we will sell for big profits, that's how we have our fun.
Namaste.
TRON, TRX/BTC - A Good Buy For a Swing Till The End of May?Let's do a little different kind of analyses this time and look at a potential nice swing trade for the coming weeks instead of days/week.
TRON, TRX/BTC a popular coin, ambitious project and arguably one of the most hyped up coins by their media machine and CEO Justin Sun.
As you might know, they're planning to have their mainnet launched on May 31. This is a big milestone for TRON or any platform based projects and with the community and Justin Sun hyping it up, this should give TRX/BTC a nice surge in price leading up to the launch.
If you look to swing trade TRX/BTC for the upcoming mainnet launch
then this is how you can trade it.
Trade Instructions
Buy Area
Around the 0.00000800 level should be a nice buy area cause we might see some more downside first (to finish wave 4) before TRX/BTC can make its next wave (5) up.
800 sats is also a nice support area and around the .382 fib retracement level and where it crosses/hit the upward trendline shown in the chart.
Profit Target
As a target, I would aim for around the 1100 - 1300 sats area. More specifically:
1. 0.00001049
2. 0.00001126
3. 0.00001202
4. 0.00001312
But remember to take some profits along the way.
Stop Loss
You can use a 5% stop loss from your entry or a larger stop or no stop at all if you believe in this coin for the mid-long term. You can then just ride it out and don't have to worry to get stopped out and miss the swing.
But do invest accordingly and use an amount your willing or can afford to lose.
Leave a comment if you have any questions or concerns.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
Where I think $TRX Tron could be headingI see $TRX Tron heading to 0.00000730 sats and maybe lower. Hard resistance levels were previously at 700 sat range which should now act as support and as well as that the 0.618 ratio fib retracement lands in around at 718 sats. We might see possible bear traps down along the way.
This is never trading advice this is something I do for fun and for a chance for me to learn.
If you wish too follow me on twitter - @CryptoDowd
#TRX soon ready to go now, lets see if we can hit 1300 :) Hello again my friends. First, I would like to thank you for a warm welcome to community :) 28 follows onthe first week is far beyond what I expected, but remember that I'm still new to the field and have only been in trading for 4 months. So you always have to take my charts with a pinch of salt, but I try to keep myself as simple as possible and I do not like to trade at great risk, and I mean with that not 1 - 30 min chart. I'm more or less a swing trader.
TRX is actually the chart I've worked the most with as since I was entrying the market in mid December. Something that was a tough journey, first a giant upturn then an even bigger downturn. I decided along the way to learn and understand what I had to do to make money in a market that went downhill. That's why I've spent 4 months studying charts and reading me up on patterns and various indicators to try to practice this.
What I want to achieve with my charts is that people are not going to fomo into things, I like to trade at minimal risk, I think there are too many in here who are traing at big risk but it's up to each other and judging how teir style is.
But back to the chart and congratulations to you who sold on top and have followed the last chart of #TRX I came along with.
This is what I see on the 1 day chart now:
1: Macd, finished with its rounding, and it now shows me that people are getting ready to bay more trx soon, we all know what's up and we now feel that this is a good buy point. We are about equal by buyers and sellers after a long period of time with more sellers than buyers.
2. RSI: My heart root, <3 So, as you see, rsi now shows clear signs of rounding and starting to flatten out. This is as expected when we should reverse the trend again around 56 \ 60 on the rsi bar which indicates that we still bullish. I therefore expect that we will get a few more days of volume again soon.
3: We seem to find support at 38:20 fib, in my channel fiber, it's as expected after we have finished a smaller pullback after after wave 2 to judge, I now expect that wave 4 \ 5 will start from this level.>
Trade safe, stay safe. :)
#TRX need to chill a bit, not ready for a new run atmHi all. Here's an update of my current chart.
I have now changed my pitchfork to our new newer high which makes it easy to see its channel.
This is what I see the next few days.
-I see clearly that we are over-bought at 1 day Rsi, it shows today that it will go down. We are currently around 78, which is somewhat oversold. I can see for me that RSI is now going down to around 60 on the RSI bar, we have also seen the trend in the last few hours on the 4-day chart, I think this will fall further lower.
-Macd on the 1 day chart also shows signs that we will have some slightly smaller volumes on the purchase page.
If TRX wants to go higher in the coming day, then we need a huge volume into it. so that we can not break below the up trend on rsi bar we've had in recent days. But i expect it to take a more or less common pullback move for consolidation to go on new heights.
There are probably many who disagree with me, but I never like to trade at high risk and I now think that TRX is a big risk to be traded atm.
My purchase zones are: Different places between 950 \ 930 \ 880
Again, do not make their choices based on my charts or opinions. Do your own research :)
Pace.
Bear hat on boys WE WANT TRON TO GOTO ZERONo emotions from a pimp.... respect channels respect triangles.... Both let us know where the market was going. i got out 1st at 1050 rebuy at 990.... broke down got out 988 for minimal loss..... RISK MANAGEMENT. Hanging out in bitcoin until i work hard enough to find 1-2 moves
Tron in a Pennant Breakout Pattern.Hey, I am back with another Technical analysis this time looking again at TRX.
Last time there was a Ascending triangle that soonly have seen a breakout few hours after publishing that Analysis.
Tron had a lot of controversy in the past, but the creator really believes in the Tron with the whole China being excited for tron, at 31. May is Tron releasing they Main net, which can lead to a pump or a dump.
That was in short about Tron.
Taking look at the chart.
There is a Pennat breakout Pattern that has formed.
Taking look at Indicators.
MACD looks good, sellers are slowly leaving, buyers incoming, about to give signal to buy.
RSI is crossing 50 level to be bullish .
Stoch shows bullish divergence
I think thats about it.
Hope I made your view on whats going on with Tron somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
TRON (TRX) on a Huge J-Curve - Unimaginable Profits Ahead GuysTron (TRX) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside.
Potential that this coin has with it's firm development team we are in the first phase of uptrend. No waves, no fibonacci curves, all that doesn't work for crypto for the most part. We have new patterns developing for cryptocurrency which we have not seen before and will never see on a traditional stock market. We are just starting to disrupt 21 century and we are years away from it. If you're in cryptocurrency right now, you're in for quite a ride because with such low market capture we have room for growth like no other stock.
This goes for the 5% of crypto coins out there which actually introduce some breakthrough tech, not for 95% of scam coins.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.