Tronusd
TRX/USD Cup and Handle in actionJust found a Cup and Handle pattern on the TRXUSD chart.
All the levels and indicators are highlighted.
Assuming we see further positive dynamics I will expect to see the forecasted trend as shown by the green arrow path.
What's your take on this? Please let me know in comments.
This is not an investment advice as I'm not a financial advisor.
Make your investment decisions at your own risk and perform your own researches.
And REMEMBER: Likes and comments make your trades much more successful :)
TRON - Our Big Chart (support checked and fly?)Tron was never our preferred project. We classify it as an uninteresting technologically project but from a good marketing team. Same category as Ripple, but we could be wrong.
Our opinion though is not important. What is important is the chart and technical analysis is showing previous resistance/new support at 0.053.
Thus, Tron can now find support to rise higher.
If it doesn't then it can drop lower towards the 0,038 level.
TRON - also out until resistance can be brokenSame like Litecoin , hitting major resistance today... Makes me think if a correction is incoming? Sideways maybe for a while, or a drop??
In any case i always listen to my chart: I am out of Tron until the resistance can be broken.
Prefer to place more on Stellar and Cardano at this stage.
trxusd long positionA perfect, low-risk investment position- TRXUSD
According to the above analysis, TRON has started a strong long-term move in five waves (it can change to the double zigzag too).
We expect that with the end of Wave 2, the big pump in the form of Wave 3 will start soon. The following targets are available for TRXUSD:
tp1= 0.08 - 0.1 $
tp2= 0.18 - 0.22 $
do not forget about SL
if any changes, i'll update the chart.
good luck
Only a prediction (Attention!! I am not trading advisor) Tron may be pumping because
on telegram chanel of WallStreetBets
in here, information is shared, At 13 Feb. GMT 17:00, WallStreetBets will make pumping...
I think, this coin tron may be ...
I wonder your idea for this topic.. Please share with me
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
$TRXUSD - Dump it if no money injection in TronHello everyone!
DOGE pump was a good freaking excuse for project owners to pump their token and make extra $$$ dumping it liquidating so many longs.
Tron is the No.1 project whose owners always did that, alongside with some others like XRP and XTZ - lesser in recent months.
I kindly ask you to trade it with caution, as Doge pumps again, TRXUSD may go up but always monitor the price action and always lift your stop loss levels, to close in profit or at least with 0.
On the other hand, this token deserves to get dumped down to $0.2850.
Aforesaid is only my opinion based on my knowledge and experience.
Sorry Tron lovers!
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.
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
TRX formed bullish BAT for upto 27% rallyHi friends, hope you are well and welcome to the new update on Tron.
On the 2-day time period chart, the price action of the TRX has completed the final leg of bullish BAT and entered the potential reversal zone. There is also 100 simple moving average support below the potential reversal zone area.
Possible profit and loss ratio:
This trade has a profit possibility of 27.5% and the loss possibility is only 4%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
TRXUSDT 1D-TIMEFRAME ANALYSIS✨TRXUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the TRON BLOCKCHAIN
My idea is that the pair will go higher
Breakthrough the R1 is key
The first target is 0.10 Dollar
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰