TRXBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is fluctuating below the first resistance line which has rejected the price several times. We expect this line to be broken and if so, it will move up to the first resistance zone. After hitting the second resistance, it can form an inverse H&S pattern. If the first resistance is not broken, it will move down to the first support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Trxbitcoin
TRX with a potential pump of 1700% TRX btc pair is going for a mega breakout.
It is going to breakout through a yearly downtrend and can easily do a 2x from here.
UsD pair is also about to breakout and the BTC pair has bottomed out and sitting on strong support.
Target price mentioned on chart.
Always manage risk:
Risk management helps cut down losses. It can also help protect traders' accounts from losing all of their money. The risk occurs when traders suffer losses. If the risk can be managed, traders can open themselves up to making money in the market.
💡Don't miss the great buy opportunity in TRXBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 140
TP2= @ 200
TP3= @ 270
TP4= @ 308
TP5= @ 465
SL= Break below S2
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💡Don't miss the great buy opportunity in TRXBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 140
TP2= @ 200
TP3= @ 270
TP4= @ 308
TP5= @ 465
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
will tronbtc ever pump again? probablyprinting a double bottom potential deviation from 500+ day range
volume has been increasing since revisiting historical low btcvalue
sqz momentum indicator is printing bullish divergence
buy signal on the 1d supertrend
idk it probably revisits the long term range from last year
TRX ANALYSIS: DOUBLE BOTTOM INCOMINGTRX ANALYSIS:
TRX is incoming on a double bottom inside the support zone of 160-168 sats. Multiple red hourly candles are forming and it looks to be continuing down into the 160s. TRX is coming close to all time lows as it continues to the selloff, but given the previous support lines, buyers will step in soon. ATR is hitting lows as it inches into the low 5s. RSI pushing oversold and volume diminishing. 3/3 showing a bottom incoming and an expected rally back up to clear T1 at 174, T2 at 180, and T3 at 185 sats. The new resistance zone is now in place after the collapse. Resistance below the 200MA at 188+ is a key level now.
Possible Entires: 160-168 sats
TRX ANALYSIS: CRITICAL MAKE OR BREAK TRX ANALYSIS:
TRX is forming a small right shoulder at the moment as it re-tests the 200MA. This is a very critical point for TRX. Make or break, if you will. 200MA has been tested multiple times over and over and I expect it to be broken upon this try to hit T1 at 198 sats, T2 at 204 sats, and lastly T3 at 209 sats. This could be a fake out before another break down, given the volume and ATR decreasing. Therefore, take all profit at the given take profit zones.
Possible Entries: 187-190 sats
TRX ANALYSIS (BOUNCE INCOMING!)TRX ANALYSIS:
TRX has fallen sharply down to support, but a deep scam wick was eaten up by buyers. The buy side brought the daily wicks above 200MA at 190+ sats. This is a positive hold. I expect the sharp decline to be broken up by a relief run back up to daily resistance. The take profit targets are at 200, 209, and 217 sats. Take partial profit at each step as the sell volume has been extreme. Very possible TRX is rejected again at daily block zone.
Possible Entries: 190-194 sats
TRX ANALYSIS (WEDGE BREAKOUT, 220 SATS INCOMING?)TRX ANALYSIS:
TRX has finally pushed in a very positive bullish manner outside of the falling wedge shown in the chart. Look for entry back at 50 MA at 190-195 sats. I expect this run to continue, the volume backed by the dominance of BTC falling is positive in all ways. Look for T1 back at 199 sats, followed by the break above 200 sats to T2 at 209 sats and T3 at 220 sats. These are the most important levels to break thru as we have seen some major fluctuation recently in these levels. It is possible we see T4 at 239 sats for a double top. I would highly recommend take profit and wait for a small correction by then.
Possible Entries: 190-195 sats
One Simple Reason To NOT BUY Tron Yet...Sometimes trading/investing is difficult, other times it's as simple as one thing on a chart.
With Tron right now, it's clearly still in it's downtrend so if you're looking for a safe buy time, keep an eye on this!
This is also nearly identical to my Ripple chart currently as well.
Remember, "The trend is your friend!"
Make sure to follow me for more Crypto and Forex charts!
Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together!
After all, we're all here to learn and make money right?
TRX LONG (BULLISH BUTTERFLY) TRX Bullish Butterfly Potential Reversal Zone.
Bullish Butterfly completion into a much bigger Bullish Gartley. This Bullish Butterfly will trigger the C leg of the Bullish Gartley.
Targets for C leg, time (first week of May) and stop loss identified for the Bullish Butterfly.
Right Shoulder (S) should be at the completion of the bigger Bullish Gartley.
Good trade and good luck everyone,
Zakaidze Omar