Tron vs Tether (TRXUSDT) Chart Analysis (130% Mapped)We looked at OMUSDT (MANTRA DAO) and here we have a very similar chart.
Tron (TRXUSDT) we consider bullish since its price is trading above EMA10 and all other EMAs.
We can see bullish consolidation taking place as we have prices creeping higher but slowly.
We have higher lows showing up continually since June.
The MACD is safely above zero and the RSI really strong at 60+.
Just as we TRXBTC, TRXUSDT is bullish with good potential for a strong bullish jump.
The main support is set at $0.100 followed by MA200/EMA300.
The next target (resistance/up) is marked on the chart light green (130%+).
That's all.
Thank you for reading.
Namaste.
TRX
TRON Moving (D) Above EMA50 (210% Mapped)TRXBTC (Tron) peaked on May earlier this year after recovering from a low and is getting ready for new bullish action.
After the May peak support was hit in late July just below the 0.618 Fib. retracement level.
(This is marked light blue on the chart).
Afterward, all price action has remained above this level making it a strong/confirmed support.
Now that we are seeing prices move above EMA50 (0.00000173), we can expect additional growth.
The support/stop-loss is set at around 149 satoshis; bullish above this level.
The targets can vary but we have up to 210% potential for growth.
Many pairs are hitting new highs compared to March/April/May.
TRXBTC (Tron) remaining strong after the correction on a higher low can lead to a higher high.
Additional details on the chart.
Thank you for reading.
Namaste.
TRXUSD Entry 0.1060 Take Profit 0.1230TRXUSD (Tron)
Diagonal Trend Line
Horizontal Support Resistance Line
EMA 10
EMA 20
Tron TRXUSD - Next wave +1000%, Elliott wave + Wedge!- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1.618 fib trend-based extension + top of the ascending wedge + 5th elliott wave.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
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TRXUSDT Technical Analysis⏳ Spot
💎 TRXUSDT has broken above the triangle and a major resistance. It has also formed an ascending channel making HHs and HLs. After the rejection it can go higher.
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 0.10887 to 0.11336
☕️ TP1 0.12163
🍺 TP2 0.13211
🍻 TP3 0.14314
🍾 TP4 0.15550
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.10343 to 0.10887
Good Luck 🎲
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BTT ANALYSISHere's a quick look at BTT 4D chart . As we can see, the price has been showing a trend line support and moving in the Ascending triangle .We can see a breakout anytime . Wait for retest and buy it surely.
Definitely one to keep an eye on .
The best entry at 0.003928$ or after breakout and retest .
Targets
1 0.004521$
2 0.004634$
3 0.004853$
4 0.004965$
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TRX is about to explode! Keep an eye on this!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume , or you can buy when the price breaks above 0.115$.
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The idea is: Buy the breakout from the symmetrical triangle (or 0.11$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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TRX/USDT | Trendline Getting Weaker..!!#TRX/USDT (update)
In daily timeframe, Bulls testing the Crucial Resistance (0.11)
So far Bulls Looking Strong & Trendline Resistance getting Weaker but Still Bulls Need Strong Volume for Breakout.
Looks Solid for Midterm So Grab some & Hold with Patience..!!
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TRX watch for a 50% moveTRX is in a nice consolidation pattern where MM100 daily slope is turning bullish and also provide support to prices.
MACD Daily and Weekly is green and the H4 is turning bullish, this situation could give momentum to TRX and i wouldn't be surprise to seem a more volatile increase in the coming days.
1st target would be above the 15ct area, if this is break then we would look at higher time frame in direction to ATH.
As long as the MM100 is not broken this scenario will remain and i would be looking a going long within this range.