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Trxbreakout

TRX's Five Wave Elliott Formation Goes To 320 SatoshisI believe TRX began a trend reversal on September 9, 2019, the date on which the weekly RSI reached the lowest value ever recorded. The price has possibly began the third of a five wave Elliott formation, which is expected to take the price all the way to the previous breakdown level at 320 satoshis. The possible creation of an ascending triangle (dashed lines), which is a bullish pattern solidifies my belief for a breakout. The daily chart also shows a bullish cross between the 50- and 200-day MAs (golden cross) and the price finding support above the latter MA. As long as the price is staying above this MA and the ascending support line, its directional bias is bullish. (If you like my idea and want me to continue publishing, pressing the like button would be extremely helpful)
Long
by BitcoinMaximus1
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone. Lets have a look on the TRX priceline's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.00000206 to 0.00000191 sats Sell between: 0.00000219 to 0.00000247 sats Stop Loss: The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level. I will be keep posting more trading ideas.
Long
by moon333
TRON SET TO SOAR TO NEW ATH'sCall me crazy but I like trading fractals. I believe Tron is poised for a major run to new ATH. We are making a nerve-wrecking third higher low trying to claw our way out of this grizzly bear market. On this weekly chart we see the 4 candles which brought us to our cyclical low and subsequent bounce in Nov-Dec '18 looking awfully similar to what has been going on over the last 3 weeks. The nice part about this is the fact that we are still respecting the ever-so-slight uptrend started at the end of last year. The RSI also looks very similar, making what will inevitably (if I am right) be a "W" shape. The sentiment zone oscillator is looking ready for a move as well. I believe within the next two weeks we will see a test of the downwards trending ceiling at about 2.5 cents. If that ceiling is taken out, we are off to the races. If we fail to break it over the course of a couple weeks we will test back down trying to respect the uptrend and continuing to wedge in between the white lines. Given where I think this market currently is, I believe we are in for a big move and I am biased to the upside. Let me know what you think, even if you are one of the Trading View slime-balls who lurk in the shadows talking trash and trying to leach ideas while having none of your own. * I am trying to gain a following to spread some ideas. A follow, like, and comment would be very much appreciated G*D BLESS
BINANCE:TRXUSDLong
by ceesounds
6
TRX has to take a decision hereUpdate from this idea : TRX has failed to stay above the triangle after its breakout, it is still moving upward with the support trendline and forming now a clear triangle. I would expect it to break out to higher levels, but now it is not time to take position anymore. At this point, it is better to enter after a clear movement that determines the future direction. If you were long from this idea , I recommend you to keep it and move your stop-loss to below the support line.
by FrenchRandomGuy
UPDATE: TRON LONG OPPORTUNITY!! BUY NOW, PROFIT LATER!!TON recently LAUNCHED hitting Both our T1 and T2. The Target 3 was off by 1 SAT! Now, heres where we are at. Currently retracing back down from 230 sats, we are sitting at 211 sats. This is a great re-entry for those who took profit, or those who want to accumulate more :) TRX has room to grow on RSI & STOCH. The Ichi cloud hasn't been broken and are sitting easily inside, with plenty to rise. Buy the Rumor, Sell the News. Entry: 210 sats Target 1: 220 sats Target 2: 231 sats Target 3: 269 sats WE DONT HIT STOP LOSSES, WE HIT TARGETS LL <3 XSR
by XSEANRYAN
TRXZ19 TRON bullish breakout ?TRX bounce from 181 sats strong support. TRX was farmed HL formation at 183 sats. Finished ABC correction. Price action above EMA 21,50,100,200 periods, Uptrend. Potential retest double bottom at 210 sats. Volume: confirm bullish price action. Pattern: ABC correction , Symetrical Triangle. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. S/R: support 180, major support at 166 sats. Resistance at 200 psychology, Major Resistance 210 double top. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
TLong
by blockchaintrends