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TRX

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
BITFINEX:TRXUSDLong
by ferGOD
2
TRX/BTC 1DAY UPDATEWelcome to this quick TRX/BTC analysis update I have tried my best to bring the best possible outcome in this chart. Reason of trade:-TRX/BTC is triangle pattern conform and retest triangle and buy the dip. and long term hold Entry:- CMP And buy the dip in the green zone Target:- 50% to 75% Stop loss:- 0.00000149 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
2
Tron Price Analysis — December 17TRX maintained a bearish trajectory on Friday, as the price nears its last week’s low of $0.0790. The bearish sentiment comes amid a persistent marketwide sell-off that has plagued the industry for several weeks. Bearish trading volume on TRX remains on the high side, indicating that we could see a bearish break below my descending tripwire. While significantly unlikely, a defense of the $0.0800 line by bulls over the coming hours could stall the bearish momentum allowing bulls enough time to reassemble and push for the $0.0900 mark. Meanwhile, our resistance levels are $0.0850, $0.0900, and $0.0950, and our support levels are $0.0780, $0.0760, and $0.0740. Total Market Capitalization: $2.15 trillion Tron Market Capitalization: $8.21 billion Tron Dominance: 0.38% Market Rank: #24
BINANCE:TRXUSDShort
by Mr_Wogbe_Alex
#TRXBTC Weekly viewI see on the weekly timeframe a W pattern forming. January 2018 TRX reached the ATH and since then the price has been slowly moving downwards. Between the red and green line channel. Thin green line aka support is holding strong and several times a good bounce up. Currently looking good. W pattern, momentum upwards, support holding, but note the red line upper trendline and on the following images you can also see the 200 EMA weekly. Caution is advised. Step 1 is red line upper trendline and step 2 is 200 EMA pink line. All of these is looked at from a bullish perspective. Bearish view is the downward break of the thin green support line. If that happens it is game over. Next target is that green lower trendline. Trading is and remains a risk business. If you want technical information about a coin, leave a comment.
Long
by Byungie