Get started

Tronbtc

Tron (TRXBTC) – Coin of the WeekThis week’s coin is TRON. TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS — 24/7. TRON has positioned itself as an environment where content creators can connect with their audiences directly. Technically, we are in a 4H consolidation right now and any dip below the price of 0,00000070 BTC we view it as a great investment opportunity. Other areas to watch is the resistance area at 0,00000130 BTC because if the price breaks it and consolidates there it means it should go higher and it has potential to go a lot. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
Long
by financialflagship
8
TRON - ROCKET READY?Let me know your thoughts! TRON was one of the best-performing coins of 2017 and has since dropped a considerable amount since then - Currently, TRX has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday. If TRX can break above a strong resistance zone between $0.033 and $0.040 we could potentially see quite a large increase. short term target $0.055 long term target $0.10 stop-loss $0.027 ''Buy Big Sell BIGGER'' - MegaWhale
BITFINEX:TRXUSD
by MegaWhale
8
Chart Pattern Inconsistencies TRXWithin TRX we can see a bearish rising wedge with an angle of 8 degrees within a falling wedge also we can see a bullish rising wedge with a less sharp angle Is this second rising wedge acting as a flag pole for the apparent flag that has formed above the falling wedge? We will see. Apart from this, talking about Tron, I see some potential as I was once a hodler, so I must of seen something pure about the coin in my past. Potential Ethereum competitor imo.
by Bixley
Three bullish reversal moves flashedBig wedge and Ichimoku cloud: If we take a look at the long-term monthly chart, then TRX with Bitcoin pair is moving in a falling wedge pattern and still has more capacity to move more down against BTC to hit the support of this big Wedge. But on the weekly chart, the Ichimoku cloud has changed from bearish to bullish. Now it is easy for the priceline to cross up this bullish cloud at any time. This indicates that this time the price action of Tron may not move down to hit the support of wedge on the monthly chart, as mentioned earlier. Different support and resistance level: Now if we take a look at the different long-term support and resistance levels in TRX with USD pair, the price action has been rejected by the $0.04 resistance then for some time moved above the $0.03 support but unfortunately, this support could not be retained and now the priceline is moving between $0.025 to $0.03 support and resistance levels. Bull Flag: On the weekly chart, the price action has also formed a big bull flag and also formed a symmetrical triangle. There is also a 25 simple moving average support below the support of this triangle. Big Cup & Handle: In the same TRX with US Dollar pair, on the long-term monthly chart, the price action of Tron has formed a big bullish reversal Cup & Handle pattern. There is also an exponential moving average 21 support at the support of handle. Bullish BAT move: While the price action has formed two bullish reversal moves (Bull Flag and Cup & Handle), it has also formed another bullish reversal harmonic BAT move on the 2-day chart and entered in the potential reversal zone of this pattern. Conclusion: The TRX coin has formed the bullish reversal BAT pattern at the right time when the price action has also completed bullish reversal moves on bigger time frames. Therefore now the TRX can start a long term rally at any time. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
3
TRON - Running into trouble? 😿Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen. I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight. Why does it smell like Ripple? Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy) and now this news: 'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'. In other words: I'm out for now, see you and buy you a bit later Tron 👋💁‍♂️
BITFINEX:TRXUSDShort
by FX_Professor
4
Tron looks to move up soon against Bitcoin.Tron is seeing some major signs of a correction to the upside shortly. We see that Tron broke out of the falling wedge with bullish volume. Now it is consolidating ready for the next moon mission. Note that the arrors are NOT time scale based analysis - simply just showing the possible direction. RED LINES - TAKE PROFIT. GREEN LINE, BUY ON 0.65 FIB PULLBACK AFTER THE NEXT LOCAL TOP READY FOR THE MOON MISSION TO THE FINAL TARGET. Gatekeeper
Long
by The_Gatekeeper_