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)
Tronusd
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
TRXUSD has formed bullish cypher | Upto 120% profit potentialPriceline of TRON / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone.
From here the price action can move up to hit the sell targets soon insha Allah.
I have defined the targets using Fibonacci sequence and the targets are:
Buy between: 0.02357392 to 0.01776023
Sell between: 0.02815054 to 0.03913925
Regards,
Atif Akbar (moon333)
Tron Support Broken !!!!With the pump in Bitcoin, most of the altcoins are suffering and many of them have broken their previous all-time lows.
Tron previously had important support around 238-240 Sats which is broken successfully which shows soon we can see the 175 Satoshi mark or who knows even lower.
However with upcoming updates in the next week like Sun Network Mainnet and BTT Airdrop to TRX Holder we could see a slight pullback upwards.
But who knows with Holders, not satisfied with the last Hype I think fewer people will be interested in the upcoming fork.
There is a possibility for the beginning of an uptrend in TRXUSD Technical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.021400)
Ending of entry zone (0.018100)
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= @ 0.025000
TP2= @ 0.027650
TP3= @ 0.032170
TP4= @ 0.040500
TP5= @ 0.045200
TP6= @ 0.050600
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.021400)
Ending of entry zone (0.018100)
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= @ 0.025000
TP2= @ 0.027650
TP3= @ 0.032170
TP4= @ 0.040500
TP5= @ 0.045200
TP6= @ 0.050600
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
TRON Risks Ban by US SEC for $20m BuybackDespite Justin Sun's "multitaneous" tweets, momentum keeps fading from the TRON markets as we saw price revisited a crucial trendline support over the past week. Perhaps investors fear that the US SEC might see TRON as a security following the recent kickstart of a $20 million TRX buyback by the TRON Foundation and slap a trade ban.
In terms of technical, the bears are seizing the opportunity of a potential double top bearish pattern to trickle price down further. So far, the only holdback is the ascending trendline support but it seems the odds are currently in favor of a breach below this key level soon. As long as price remains in the NO TRADE ZONE, risk-averse traders should stay away from the TRX/USDT markets until the pair bottoms out or breaks out, whichever comes first.
TRONHello fans of TRON project
The CEO of this project deserves respect, it seems to me that he can be given the title of the best crypto-marketer of the year. He continues to make his community and crypto community his statements and results
I have information about USDT on the Tron blockchain. It should not affect the price of the throne. But knowing the abilities of the CEO and how to create the hype around this.
Technical analysis
We have support zone at 300 sat zone, after we touch this level TRXBTC star to growing and now we moving in downtrend yellow channel. Im sure we will break out this channel and go to the 50-61% levels fibonacci also this is resistance line of global triangle, this is my target