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Trxbreakout

Tron next moves as expected after previous awesome TAHappy Friday Team, TRX is currently moving upwards and will go up for sometime if it breaks this short-term down trendline. It's a bit risky but Rewarding Trade. My recommendation is to stay away from the market because this is definitely a risk to invest somewhere because of the down pressure is so high and even if it is a bear trap than almost nobody can forecast it. Let the things settle down, be cautious and look at this action from the side! Everybody, I guess We have to Go to that place To get to this one Now some of you Might still be in that place If you're tryin' to get out Just follow me I'll get you there Don't lose money, Be a Legend Trader. Please, don't forget to LIKE! Thank You for your support! Have a nice day!
Long
by God_Of_Profits
2
Tron (TRX) Perfect Tron calls. Looks like TRX bounce 362-350.In my last idea, I called for a Tron short. We have just hit target for 6.5% profit. The original Tron short would be in 10%+ profit. I have just made 17% of my entire account. I had short 3 million contracts of Tron at an average entry price of 395, and then I longed Tron during 335 on Bitmex and made another 6%. If I had used 10x leverage, I would have made over 100% of my entire account, but I did not. You may choose to if you wish. If you followed my calls during the minute I posted, you would also be up 6% as of right now on TRXZ18. If you used 10x leverage you would be up 60%. The 6% call was basically a 100% certain to make profit, as Tron futures were at 335 while Tron on Binance at the time was 370. RIght now it looks like Tron may continue to head lower to 350, or may hold the current price. I do believe it could reach 376 if Bitcoin bottoms here as it is very oversold right now. Have a stop loss below your entry position. It is hard to have a good stop loss as this bottom has not formed as of right now. I had longed 335 and closed 360, netting me 6%+ profit and I currently am long with a very small position at 360. I expect this to hit 350. If Tron does bounce, you can have a very good short setup if it reaches 410. I believe 378 is more likely. The numbers I posted refers to the Binance chart. If you are trading Tron futures, they will be different. Message me if you have questions. Ideal Trade Short 410 Stop Loss: 430 Expected Trade Short: 380 Stop Loss: 395 Thanks for viewing! If I made you money, feel free to tip me.
Long
by HD1184K
6
Tron (TRX) Still looks bearish, sub 370 level looks likely.The last few trades have been quite good, so far I have not lost money on a single public trade. You may view the trades in the related ideas section or just click on my profile. I have made 27.74% off XRP and so far 5%+ off Tron. Tron has recently topped and is now having a correction to the downside. I expect this to last until 370 at the very least, as that should be a normal retrace during a bear market. Therefore, you may hold your short with a stop loss above a bear fractal. If you are not short, it may be wise to enter with a small position. We should be getting a bounce soon but I would not bet on that. Tron in theory should not be breaking 395 anymore and we should be seeing 370 within the next few days. Reasoning: Classic topping pattern. (0.382 to 0.236 then drop below support) Volume picking up during uptrend, meaning many people bought the move up, not the bottom. This means if price fails, it will be tough to break new highs for a long time. At the very least we need a bottom for Tron, and I believe that will occur at 370 sats on Binance. Thanks for viewing! I read all comments and reply instantly.
Short
by HD1184K
3
Tron (TRX) Looks bullish but has a high chance of dropping 8%.Tron has just completed its inverse head and shoulders pattern, a pattern that many investment groups complete only up to the neckline, and after they use the panic buying to fill their shorts. I am unsure if that is the case for TRON, but it is likely that even if we do move up from here, we will eventually come down to 352 satoshis or even lower when it completes its bear divergence. Tron is moving up due to hype, and we all know that soon the hype will be forgotten unless Alibaba actually presents a real partnership with TRON. Otherwise, it is a buy the rumor sell the news type of thingo Short: 390 Take Profit: 352 Stop Loss: 416 Manual (If starts trading above resistance and resistance acts as support) Alternatively, if Tron breaks resistance and it acts as a support, it may be a good move to long TRON. I am bullish long term on Tron but that does not mean I will give up a great money making opportunity when it sits in front of me. If BTC pumps up, Tron will drop. If BTC moves down, Tron will drop more.
Short
by HD1184K
2
[#2] TRX/BTC, breakout happened, last step before bull runHi guys ! If you read my last TRXBTC analysis, you know that the breakout happened few days ago. "So, what's new ? Now, TRX need to break the 390/400 sats SELL ZONE before started the bull run toward 500 sats or more as first step." (1) : The lagging span started to cross the cloud. (2) : Up line is now above. (3) : To confirm the last step, we need to see the last candle close above the cloud at 379 sats (purple line). Then, the MACD is now above the 0.00 line. One more thing (and it's the most important), TRXBTC need to clearly reach the SELL ZONE (390/400 sats). Thanks for your time.
Long
by AnthoXBT
3
TRON TRX is close to RESCUE POINT, if broken MOONSHOT.Hello friends, Hope you all are doing well both in crypto and life. Lets start price analysis of Tron TRX. Rate pumped, why? simple because of news and update. Buy on rumours and sell on news. The chart attached here, i gave to my subscribers and folloers on 23rd august indicating the buying zone market with green color. Yellow line was the resistance if broken, will see price to the rescue point i.e. 500 sat. beware of this point, because this is selling zone. TRX have many good news ahead, but a logical trading is more important here. Book your profit near to 500 SAT. If price crosses ahead of 566 SAT, TRON IS GOING TO 900-1000 sat & MOON SOON. MORE UPDATES ON WAY. LIKE THE CONTENT AND FOLLOW ME Thanks Zia (@open4profit)
by open4profit
23
TRON bull market incomingTRX seems to be XRP little brother, so it won't come as surprise when it starts to rally in a big and fast way like XRP did. Market structure also seems very bullish with OBV advancing higher while price ranges creating a bull divergence giving a signal of whales accumulating. Also Tron has been pushing strong in the media recently and making advances with its technology and promoting usage, it seems it will gain more attention against many other important alts-coin like ETH. Be safe
Long
by lomaxrex
Tron (TRX) Expect a small rally when we touch 300. Ideal short.Tron has been doing relatively well compared to its competitor, Ethereum, but due to the correlation cryptocurrency markets have, Tron will likely also break the support zone and hit an all time low since the altcoin rally. Currently we have been getting bullish divergences so expect a rally once we touch below 300 satoshis. Short the top of the rally and expect a 30% return on investment in the coming months. This is assuming Bitcoin drops below 6000 which will likely occur. It is very obvious right now the start of capitulation is beginning with coins such as Ethereum warning us. If Bitcoin drops below 6000 for good and enters a true bear market, it is easy to predict coins like Tron will suffer greatly. Therefore, we may short Tron. Short area: 300 satoshis Take profit: 224 satoshi level. Thanks for viewing! I have been updated Tron for a long time and felt I should make an update. I believe Tron is a very good coin to buy and hold, and if Justin is smart, he will already have accumulated a ton of cash. Unfortunately I am unable to see the balance sheets so all this is speculation. However, the size of the company BitTorrent (employees) suggests it is worth over 100 million. Justin is also buying the cash/liquid assets of the company as well.
Long
by HD1184K
9
Tron (TRX) Possible breakout, also possible harmonic.Tron has always been one of my favourite coins to trade due to its very easy to predict movement. Currently I believe Tron will have a drop as it hit the white trendline. However, due to the fact that we have quickly pushed back up after the retest means Tron is still pretty bullish, so this could be the breakout we have been waiting for since 3 months ago. I believe shorting Tron with a stop loss around 350 is a good play. I am still hesitant about this trade and am waiting for confirmation. If I were to take this trade: Entry: 345 satoshi area Stop loss: 350-57 satoshi area (depends on your risk tolerance) Take profit: 290 satoshi area. Keep in mind this price will likely not be hit. Thanks for viewing! If you wish to know where you can short Tron, I will message you privately. Feel free to comment. I will respond to all of them.
Long
by HD1184K
2
Tron (TRX) Bullish breakout, likely another leg up. Careful!Like all the other altcoins, TRX has had a nice bounce from its lows. If you managed to catch it around that area, congratulations. I did pick up some TRX at 303 and will likely sell at 355. I am still bearish. This is because BTC is currently in a short term bullish reversal and it is likely we drop down again. I believe the 7.1-4k area is the maximum BTC can reach and expect 6.8k to be the top. Therefore, if you hold Tron, consider selling it near 355 which is the resistance or when Bitcoin peaks at around 6.8-7.4k. If Tron forms a strong bull flag, do not sell, since another leg up may be coming. A strong bull flag is when price just stays within the same range without slowly sloping down. The less we drop, the more bullish we are. I am bullish in the short term but believe this is just another bounce for BTC. Either way, there is 5% more to be made on TRX so trade safely. Thanks for viewing! I will respond to all comments below.
Long
by HD1184K
3
Tron (TRX) Coiling stoch, Tron preparing for big movement.Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence. If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for your portfolio. The problem is that BTC might not have found a base yet, and TRX is still within the falling wedge. However, if you look at the stoch on before the previous run, we are developing something similar. XRP had something like this too. This development is on and off, but is worth noticing. Therefore, Buy in: 300-360 sat level Thanks for viewing! Hope you guys haven't lost too much money. If it makes you feel any better, I lost over 10% on TRX when I transferred it in order to vote, which required a lockup period of 3 days, which happened to be the time BTC dropped.
Long
by HD1184K