Get started

Tronbtc

TRON potentially clawing itself up off the ground???After being down in the dirt for so long TRXBTC may be showing bullish signs for a potential reversal! Slowly but surely TRX has been building an upwards channel which is now looking like it is turning into a higher TF ascending triangle pattern. IDEAL bull entries would be break of triangle before re-testing to confirm support at 200SAT level. If strong support is shown will be looking at candlestick formations to enter off bullish engulfing candles on 4HR TF. Short term play is also possible if Darvis box is formed for internal trend trading. TP's once triangle is broken, we would be looking at previous structure, TP's at 215, 226, 235 with final TP at 260 for full retracement. If full retracement occurs, cup & handle formation may be a possibility for longer term bullish play. LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
3
TRX / BTC Long, looking for a 4th retest of resistance levelI am looking for a 4th retest of the support turned resistance level on the daily. The price has also caught the 25 MA, acting as a moving support, adding confluence to the idea that we will re-rest the resistance level. Tight Stop Loss placed at invalidation level, slightly below 25 MA and at a level that has acted as recent support. Looking for a 4.5% move up before either a rejection (potential shorting opportunity), or further upside.
TLong
by CharlieTrout
TRX ANALYSIS: DOUBLE BOTTOM INCOMINGTRX ANALYSIS: TRX is incoming on a double bottom inside the support zone of 160-168 sats. Multiple red hourly candles are forming and it looks to be continuing down into the 160s. TRX is coming close to all time lows as it continues to the selloff, but given the previous support lines, buyers will step in soon. ATR is hitting lows as it inches into the low 5s. RSI pushing oversold and volume diminishing. 3/3 showing a bottom incoming and an expected rally back up to clear T1 at 174, T2 at 180, and T3 at 185 sats. The new resistance zone is now in place after the collapse. Resistance below the 200MA at 188+ is a key level now. Possible Entires: 160-168 sats
Long
by altchicasignals
TRX ANALYSIS: CRITICAL MAKE OR BREAK TRX ANALYSIS: TRX is forming a small right shoulder at the moment as it re-tests the 200MA. This is a very critical point for TRX. Make or break, if you will. 200MA has been tested multiple times over and over and I expect it to be broken upon this try to hit T1 at 198 sats, T2 at 204 sats, and lastly T3 at 209 sats. This could be a fake out before another break down, given the volume and ATR decreasing. Therefore, take all profit at the given take profit zones. Possible Entries: 187-190 sats
Long
by altchicasignals
TRX/USD bearish indicationsHello traders Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level , witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading. Now the price is making a Bear Flag, We belive the price has a chance to test the next important Support level . We Only buy this asset above the resistance after a bullish acumulation, or at the important Support level . Please support this publication with your like. You are welcome to follow us on the Tradingview. Best regard Sandro and Gustavo.
Short
by MarketMinds
TRX ANALYSIS (BOUNCE INCOMING!)TRX ANALYSIS: TRX has fallen sharply down to support, but a deep scam wick was eaten up by buyers. The buy side brought the daily wicks above 200MA at 190+ sats. This is a positive hold. I expect the sharp decline to be broken up by a relief run back up to daily resistance. The take profit targets are at 200, 209, and 217 sats. Take partial profit at each step as the sell volume has been extreme. Very possible TRX is rejected again at daily block zone. Possible Entries: 190-194 sats
Long
by altchicasignals
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone. Lets have a look on the TRX priceline's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.00000206 to 0.00000191 sats Sell between: 0.00000219 to 0.00000247 sats Stop Loss: The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level. I will be keep posting more trading ideas.
Long
by moon333