Tronbtc
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
Expecting Sideway For TRON (TRX/BTC)Downtrend still continues for TRON.
Bollinger Band clearly confirms it.
For the next couple of days (maybe weeks),
I expect to see some sideway movement between 160-210 sats.
In any circumstances, 150 sats is its last support level.
Trade carefully in these days.
What do you think? Any comment? 👇👇👇
TRX/BTC ..back to accumulation again ?Trx/btc recently lost support around 200sat and closed daily below
Also btc dominance is still high
And looks like the downtrend not ended yet
The other area of concern will be at the previous accumulation zone between 175-168 sat
Not abuy signal ...we need a strength or bullish green candel and buy on retest
TRX BULLISH (#TRX $TRX)Tron TRX:BTC might just have one of the most bullish setups of all Altcoins.
We're not hearing that much about Tron anymore. It's ready for a surprice.
From a TA perspective I would expect a massive spring between november 5th and 20th, that should send the coin towards 2-3x against #Bitcoin.
Reasons:
1) August 13th TRX broke out of that yellow channel and is now looking to retest it.
2) August 31th TRX broke out the a MASSIVE descending triangle / resistance (teal line)*** and is now lokking to retest it.
3) Bottom Double Stochastic Oscillator 3D.
4) Bottom Double Stochastic Oscillator 1D.
5) Oversold RSI 1D.
***) Formed using a Ray connecting wick from april 30th ´18 and close from januar 28th ´19.
#DYOR
The Trouble with Tron (TRXUSD analysis)TRX has a verrrrry long consolidation phase within a broad trading range.
With a 70% upside to the trading range resistance, some short-term traders may be tempted to catch it, although looking at the charts fluctuations it seems like a gamble compared to other trading opportunities that may be available for other coins.
However, the big potential for a long-term swing trade comes when (if) TRX manages to break out of its range. There is a 300% to 640% upside to reach it's ATH.
We remain neutral for now but TRX may be one for the watchlist.
If we add TRX to the SparksterSignals backtesting toolkit (link below) we may find much shorter time-frame opportunities for historically reliable profit.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
TRX trading ideaHello, traders.
After a strong uptrend movement, the price went on a correction and could be forming another accumulation pattern called bearish rectangle
A great place to buy TRX is on the next important support level in case this asset reaches the next important support level around 200 sats
Best regards.
TRXBTCTron had a correction and made a good floor for starting a bullish wave. You can enter this trade by choosing a good entry point based on your strategy.
TRXBTCTRON began a good upward movement while BTC was dropping down and after that we saw deep correction. I think we are in the wave (c) of wave B which is shown in the chart and we can expect a ride up!!
Targets are obvious in the chart but this is a risky analysis. Please manage your risk for using this analysis.
TRXThis thing looks bottomed out tbh, overall alts look weak though and this could be a short term counter trend move. Targets 287 and 314 sats. If it starts tapping 350 sats, it probably will test 450 sats again.
TRON TRX ABOUT TO BREAKOUT - BACK TREND IN MADE 0.05 +Expecting that TRX can breakout back in rage.
Thats is my expecting. the new year high 0.05 +
Long term expecting.
Follow for more updates.
Thank you
Tron is Breaking out from resistance area!Yesterday I have a made a bigger time frame analysis on Tron.
Today, the price is breaking the resistance area, strongly countering the BTC.
TP1 is $0.036 (10% from current price)
RSI is very bullish, so is MACD.
EMA's will give a buy signal after a 3 and half day.
All looks good!
Tibor
Tron with a possibility of a strong leg up!As many people yesterday took a look at my TRX analysis that didn't go as well, as I expected, but still outperformed some alts in the value in which have dropped.
The price of TRX was rising strongly against Bitcoin as you can remember from few days ago, and I think with the use of psychology, that many people would like to join this train, same as Omisego next waves.
Currently Tron has found support at the bottom of the support from, and I can say it has bounced with over 5% bottom shadow of this candle, which is a strong bull sign!
Indicators.
EMA's are suggesting a strong volume incoming, or less likely a change to downtrend.
RSI is in long term uptrend.
MACD wave is likely coming to an end.
Enter in the support area.
TP1 0.03600 22% ($0.036)
TP2 0.04000 40% ($0.040)
Stop your loss below $0.028
I am in since $0.02941!
Good luck with this trade!
Tibor
Tron is Breaking out from a Flag!So just another quick analysis, this time looking at TRX.
I am not really a fan of TRX token, but you may know that TRX was the only coin that was breaking out while Bitcoin was sharply falling down.
Using that fact with psychology and considering the price is in a bull flag, I expect TRX to perform a 14% move from current price easily.
I was buying some at the price of $0.031 and sharing it with my free group
That's it from this idea, straight to the point.
Tibor
$TRX / TRXBTC BUY SIGNAL
we hit one of the best targets in terms of retraction of beautiful fibonnaci area to make purchase
STOP LOSS: 270-275
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
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The TRON pump continuesMany memories of this being my first moon coin :) Hopefully we will once again see it in full glory.
trx going sky high this time who agreesTRON (TRX) Finally Closes Over Long-Term Resistance
On Aug 13, the TRON (TRX) price broke out from a long-term resistance level. After a potential short-term correction, the price is expected to resume its upward movement towards the next resistance area. TRX Long-Term Levels The TRX price has been increasing on top of an ascending support line since reaching a bottom on March 13. The support line is strengthened by the 50 and 200-day
Trade Setup summary:
Profit targets=4230 pip (420 + 710 + 1330 + 1770)
Stop Loss =760 pip
Reward/Risk > 5.5: 1
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Welcome To TronThis was an experiment with different indicators. Not financial advise.
Ain't - No - Sun - Shine
When she's down
Megatron, Breakout After Roughly 938 Days.The smell of crypto fomo is in the air and the discounts are still here!
Trx / tron has broken out of a multi year correction.
This project has one of the strongest followings, active dapps and deep pockets.
With ethereum and bitcoin breaking out and running this year after the btc halvening we are now seeing the alts correlate and start to begin the new trends.
Its crypto season fellow traders.
