Tronusdt
TRON Bullish Divergence Spotted!!! Time To Go Long? Lets See!Hello readers,
Recently, I spotted a bullish divergence in the money flow indicator for TRX, indicating new money is now coming into the coin.
This is a possible long. We will be using Bitmex to long the TRX derivative, TRXM19.
Trade Instructions:
Trade: LONG TRXM19
Current Price: 0.00000513
Time Frame: 4 hour
Leverage: 10x
Buy in: 0.00000513 - 0.00000510 - 0.00000508
Take Profits:
1. 0.00000519
2. 0.00000522
3. 0.00000525
4. 0.00000529
Stop Loss: 0.00000488
Estimated Liquidation Price: 0.00000475
Profit Potential: 31.19% ROE
Capital Allocation: <4%
If you appreciate these trades, feel free to leave a like!
-Shaggad
TRX/USD - Day Chart - Potential +140% TRX has completed a 1,2 and looks like its ready to brake out of in inverted head & shoulders.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
Tron/USDT maybe just finished correction.Bounced of the 0.618 fib level, which is good.
We could use the fib levels as support and resistance, also i've included several supports.
Might still be bullish, in addition to that niTROn (tron event) is just around the corner.
Also, stochastic RSI is still on the oversold area.
Disclaimer: This is not a financial/trading advice.
Cheers,
cryptovan168
TRX price update: TRX/USDT and TRX/BTCHello people,
As we can see on the chart, TRX had a massive bullish impulse, but again got rejected from the same resistance.
We can see the picture more clearly on the daily time chart:
Current price is testing 0.382 Fibonacci retracements of the last bullish impulse. This level is also important because it was the last higher high TRON managed to break on a smaller timeframe. If the bulls manage to hold these prices we can soon expect another attempt towards higher high on daily. This scenario would be very bullish.
On TRX/BTC chart TRON looks very good:
It broke massively from the iH&S structure and is now retesting the neckline. If the bulls manage to hold that support line we can expect a huge move to the upside:
Be patient and trade safely.
TRX god bless america! soar high.this could be the end of the the C corrective wave with a nice double bottom. we could MAYBE pump up and get rejected at the trend line come back down and try a triple bottom. but this is playing out nicely. TRX has soooo much potential and has been labeled the ETH killer. remember this coin was created SEPTEMBER 2017! this coin has only had its first impulsive wave and first corrective wave. expect this one to be ONE OF THE TOP gainers in the next rally. this thing is ready to soar.