Tronusdt
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.
Tron usdt to get to .55cGood growth with trx on all time levels. Strong EMA and trade volume.
Can we see it break the 4 & 1 day resistance levels?
TRON Ready to breakout - tronbtc tronusd tronusdt tronethTRON Ready to breakout - tronbtc tronusd tronusdt troneth
Tron looks good to get higher Tron looks good to get higher. Buying from these levels can be evaluated
TRON Bullish Divergence Daily Chart - tronbtc tronusd tronusdtTRON Bullish Divergence Daily Chart - tronbtc tronusd tronusdt
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
TRON will go up but slowlyHi guys, TRON is fundamentally fragile lately, but don't believe the news.. it's powerful and will struggle but eventually win to go up..
unfortunately, as it goes higher, it gets less and less tradable.
be mindful about bitcoin not to fall, cuz trx is a bit sensitive to btc moves.
TRX Set for takeoff Weekly 50 MA/100MA Cross. 3 recent high volume pumps are likely whale accumulation. Massive RSI Divergence on the weekly. I am Long to $.10 zone.
TRON - On resistance, as we prognosedTron found resistance as we precisely calculated.
Got a small first rejection (stopped but did not drop massively) and will attempt to break it again in the next few hours/or days
TRON - Running into trouble? 😿Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen.
I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight.
Why does it smell like Ripple?
Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy)
and now this news:
'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'.
In other words: I'm out for now, see you and buy you a bit later Tron 👋💁♂️
TRXUSDT - Break out trend linePreconditions:
- Global trend up
- Local trend up
- Pressure key level
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
TRONUSDT Use small fluctuationsAscending or descending?
As you can see, Tron is in a channel
And given its recent growth, we expect to see a short-term reversal
Of course, always be aware of bitcoin fluctuations before your trades :)
TRX has completed bullish Cypher at strong supportHey friends hope you are well and welcome the new update on Tron Coin.
On the daily chart the price action of TRX coin has broken down simple moving averages with the time period of 25, 50, 100 and 200. And having good support of 100 SMA at the moment.
On the long term weekly chart the priceline has broken out SMAs with the time period of 25, 50 and 100. But there is a big distance between the simple moving averages and the price action of Tron. Therefore The priceline may consolidate at this level until atleast 25 SMA will move up to provide support.
On the daily chart the price action of TRX has very good support of an uptrend line. And the 100 simple moving average is also at the same level where the this uptrend line is providing support to candlesticks. Therefore the pricline may start another rally to the upside from this trendline.
On this support the price action has completed bullish Cypher pattern and entered in potential reversal zone.
The targets as per Fibonacci sequence of Cypher are:
Potential reversal or buying zone: $0.0244 to $0.0202 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.0277 to $0.0356
Conclusion:
Even though the priceline is having very strong support of 100 SMA and the uptrendline as well, and entered in PRZ level of Cypher pattern. However, if the potential reversal zone will be broken down then a rally to the downside can be started. Therefore this PRZ level should be used as stop loss.
TRX. 12h. Final target $0.02210.Good afternoon!
We suggest you first to have a look to our previous global TRX idea in order to have a general idea of our vision of movement.
We again expect that after breaking the level $0.02480 (at high volumes) the price will accelerate downward and still reach the target at the level $0.02210.
Once that happens, we'll update the TRX idea. Therefore, subscribe to us and like us to keep the track of events!
TRXUSD formed bullish Crab on 4hr chart| Upto 29% move expectedThe priceline of Tron has completed bullish Crab pattern, the targets as per Fibonacci sequence of Crab are:
Potential reversal or buying zone: Potential reversal or buying zone: $0.02527 to $0.02401 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.02625 to $0.02863
Regards,
Atif Akbar (moon333)
TRXUSD is completing the final leg of bullish BAT | Upto 9% moveOn small time period 4 hour chart, the priceline of Tron is completing the final leg of bullish BAT, the targets as per Fibonacci sequence are:
Potential reversal or buying zone: $0.02702 to $0.02666
Fibonacci projection or sell zone: $0.02789 to $0.02920
Regards,
Atif Akbar (moon333)
TRXUSD formed bullish Gartley | Upto 60% moveThe priceline of Tron has formed bullish Gartley, the targets as per Fibonacci sequence are:
Potential reversal or buying zone: $0.03253 to $0.02791 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.03616 to $0.04491
Regards,
Atif Akbar (moon333)
