Tronusd
TRON - HEDGING YOUR POSITION IS BEST OPTION - CryptoManiac101TRX / USD TA
As we look at TRON TA we see that we are in some sort of sideways/ascending channel of accumulation which might actually turn out to be bullish in few days time. It is highly difficult to predict its movement from here due to high uncertainty with Bitcoin, hence is why we recommend to hedge your positions if you're in any already.
Both options offer roughly 5% risk to around 20% reward which qualifies as a Medium Risk trade if you're not leverage trading it.
TRXUSD forming bullish Shark | A long opportunity a headPriceline of TRX / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01863 to 0.01823
Sell between: 0.01916 to 0.02015
Regards,
Atif Akbar (moon333)
TRXUSD forming bullish Shark | A long opportunity aheadPriceline of Tron / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.019289 to 0.019038
Sell between: 0.019579 to 0.020152
Regards,
Atif Akbar (moon333)
TRXUSD - The Bearish Facts, for now.The patterns I have highlighted concern me and I would also think that it might concern any trader considering a Long position. For now hold out as I expect TRXUSD to fall to $.01 support, once this bearish trend finishes. I do however expect TRX to consolidate and will begin to look Bullish again, pushing back up towards $0.03 resistance. So a Long position should be considered at a later date.
Regards
EWH
TRON Long opportunity A swing trade possibility for Tron. I would feel confident that count as long a the price stays above 0.01576$, if it manages to stay above that price it will probably realize that H&S pattern and come up to the 0.0211-0.025$ level. Why up now? Technically the count says it all, but fundamentally the BTC dominance is retracing (for now) which gives the altcoins a breather and a chance to "stretch their legs" so to speak.
TRXUSD has formed bullish BAT | Upto 24% setupPriceline of Tron / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.013896 to 0.013428
Sell between: 0.015011 to 0.016686
Regards,
Atif Akbar (moon333)
TRXUSD formed bullish Shark | A good long opportunityPriceline of Tron / Tether UScryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01596 to 0.01564
Sell between: 0.01634 to 0.01710
Regards,
Atif Akbar (moon333)
Say no to centrally-monetized entertaiment with Tron.Tron, with actual rank #11 at CMC, is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. Tronix can be used by content consumers to pay for the content they want to access. These coins would then go to the content producers’ accounts, where they can be exchanged to other cryptocurrencies, or can be used to pay for blockchain services.
With many developers from the Jack Ma-led Alibaba group joining Tron's development team in late 2017, there are rumors that a partnership between Tron and Alibaba may be in the works. It will be interesting to see how Tron evolves to meet these expectations.
It's the late Saturday here and I decided to bring you something more at daily chart .
In a recent price action history, through the majority of lowcap altcoins, I spotted some signs of reversal evidence / not only in Tronix/ .
These are the most important of them, to me :
- Doubble botttom is strong reversal bullish pattern.
- One, of the best social marketing by CEO Justin Sun.
- Downtrend along 2 years , while 2 death crossses and 1 gold cross occured with the same downtarget percentage /=now mean turn for the golden, logically /
-Daily and Weekly morning Doji / while Monthly forming /
- Q4 EOY hype and potential FOMO + a beggining of alt seasson in December 2019.
Threats:
- Higher cap altcoins like Tron, Ripple and Cardano, like to do quick,huge spikes, which often further led to strong price refuses .
- Bitcoin has space to plummet even more in Q4, before the preHalving hype starts.
- It looks like very early stage to proclaim that Tron bottomed / still weak daily volumes below average, not above daily 50 ,etc.. /
- Tron do not really print a SOLID higher high yet.
*This is not a financial or investment advice. Never trade/invest, by my personal ideas.
TRON: Wring money out of the thin air!Hi, Traders ! Monfex is at your service !
TRON (TRX) shoves off the long-term consolidation buying area. Mid-term target is $0.04!
* TRX network is expanding with a number of accounts on the TRON network rising beyond 3.8 mln.
* Crypto Service Provider BitGo announced its plans to include Tron on its platform by November 2019. The announcement, which appeared on Medium, stated that by the end of November 2019, the integration of Tron shall be completed.
* Technically, TRX is forming up in a new bullish wave. So far, it needs to break $0.0190 to open up the ample room for growth to $0.0400.
* Furthermore, TRX has recently accomplished the major Fib market cycle phase; now, the door is open for the next cycle (UP) that could last a sustainable 10 months.
Active trade signal
Buy @ $0.0120 - $0.0170.
Target: $0.04.
Stop-loss: $0.0109.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar 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 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014500)
Ending of entry zone (0.011100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.018000
TP2= @ 0.021000
TP3= @ 0.025000
TP4= @ 0.032170
TP5= @ 0.040000
TP6= @ 0.045200
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar 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 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014500)
Ending of entry zone (0.011100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.018000
TP2= @ 0.021000
TP3= @ 0.025000
TP4= @ 0.032170
TP5= @ 0.040000
TP6= @ 0.045200
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
TRON - $TRX - Are you ready for the next leg higher? We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher?
Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom.
Breakthrough that rising channel
Movering towards 223 sats
I believe that there is still more upside ahead! The potential on this one is huge!
We closed above (weekly chart) 170 satoshi! A great signal!
We here go
#TRXBTC #TRON $TRX #CRYPTO @justinsuntron
TRXUSD formed a bullish CRAB pattern | A good long opportunityIn my previous chart I published a BAT pattern but the price action has extended the leg and formed a bullish bulish CRAB pattern therefore I have revised the targets using Fibonacci sequence as below:
Buy between: 0.014964 to 0.014626
Sell between: 0.015227 to 0.015863
Regards,
Atif Akbar (moon333)
TRXUSD formed BAT pattern | A good long opportunityPriceline of Tron / Dollar has formed a bullish BAT and almost entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile is showing less interest of traders within potential reversal zone.
MACD is still strong bearish and stochastic did not give any bull cross sofar therefore I would suggest to wait for MACD to turn weak bearish or for stochastic bull cross signal then buy.
I have defined targets using Fibonacci sequence:
Buy between: 0.015435 to 0.015338
Sell between: 0.015667 to 0.016016
Regards,
Atif Akbar (moon333)
Tron Double Bottom In ??Double Bottom Pattern is detected in PUMP and DUMP coin Tron!!
Will it show a positive impact ??
For Risk Takers only
Buy @ 158-160
Sell @ 172 or lower as per your risk
Stoploss @ 152 or lower