TRX
Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next:
We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B
Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B
Please provide your feedback, like and share is appreciated
Tron (TRX) formed a big bullish Shark for upto 144.5% huge moveHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ).
Previously we had a nice short term trade of TRX:
Now during the current crash, on the weekly time frame chart, TRX has bullish harmonic Shark pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
Add some AXS in the $ 50 to $ 64 rangeAXIE INFINITY By breaking its long-term positive trend line has entered further correction and has reached beautiful levels to buy. Add some AXS in the $ 50 to $ 64 range, which are good places to buy for holding. After price flooring, it will start its positive movement compared to other cryptocurrencies.
TRXUSD Exit At Price 0.0735TRON (TRXUSD) Long Trade Idea. Recommendation is to trail stop loss to target price.
TRX (TRON) WILL BREAK RECENT LOWTRX (TRON) will break recent low and after that where it can go this is confusing for now because i can see 2 alt count.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#TRX #TRON
TRX 1H shortSetup: As BTC is having no signs of reversal currently, it is time to take advantage of this window and short some coins. TRX is one of them. TRX is bearish on 1h, 4h and daily timeframe, increasing the probability of success for this trade. It also breakdown from its daily support.
Entry: We will wait for a macd to cross up and then cross down again before we enter the trade. This will be ideally the 1 h 20 EMA
SL: We will trail using 1 ATR above the 50 EMA
TP: The next daily support at 0.0563975
[Medium term] Bitcoin swing perspective 4H trading strategy ideaThe current downtrend is ongoing and the $35000 level is open.
However, reaching the key support price gives you another trading strategy for buying.
For the target area, it is desirable to take (#TP1: fixed return) from the $45000 base, which served as the previous support level.
After that, we recommend that you trade in the direction of minimizing losses as much as possible by setting the main price of the stop.
Once again, it is open up to 35000$, and it is a good trading method to respond between 35000~40000$ as a split purchase.
Also, Bitcoin Dominance is currently showing a big rebound from the lower end.
This can lead to large fluctuations in Bitcoin alone and other altcoins to show further declines or consolidation.
See the trading ideas for a trading strategy
#Bitcoin Swing Perspective 4H Trading Strategy
#Entry = 41000$
Primary (#TP1) = +10.7% 45500$
2nd (#TP2) = +22.5% 50300$
Stop Loss (#SL) = -4.8% 38947$
Same purchase of major alts (up to 30th in market cap) / Same view of buying other minor alts
#Set period (Jan. 06 ~ March 31, 22 = Maintain trading strategy for 3 months)
-> The trading strategy is maintained until the trade closes in the medium term.
-> It is a trading position where you can return to a large return beyond the previous loss.
-> The overall direction is a buying point of view, and after a purchase transaction within a short frame, when the price falls after realizing a profit, the strategy is taken only for the purchase transaction.
(Sell position emphasizes risk)
RAY TRADING
Markets market and markets cracked, monetary monetary trading and investing in markets.
In addition, operation (ENTRY, TP, SLH shipping)
absolute balance
* You've talked about everything.
TRXUSDT-LONGBased on technical factors there is a long position in TRXUSDT Tron
TRXUSDT Tron
Score 1️⃣
🔵Long Now or set on Key Level 0.07600
🟢Target 1 0.07780
🟢Target 2 0.07970
❌Stop loss 0.07550
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
LONG TRXUSDT | Risk / Reward: 3 This will only be a technical analysis.
The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position.
Furthermore the RSI is pretty low, this comfort a long trade signal.
Position settings
Entry Price: 0.07717
Target Profit: 0.09761
Stop Loss: 0.07035
Potential Profit: 26.49%
Ratio Risk / Reward: 3
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price.
$TRON $TRX