Get started

Trxbreakout

Long $TRX on retest of previous resistance after a breakoutPrice is above the 21EMA which it haven't been in a long time. 21EMA is about to cross the 55EMA to the upside, last time this happend TRX rallied over 100%. Looking at the chart it kinda looks like we are forming a rounded bottom, and considering how a lot of alts have been moving lately i think there's a possibility this could be some kind of reversal. A daily open & close above resistance zone (red box) while the 21EMA crosses the 55EMA to the upside would confirm bullish market structure. SL is very tight with this setup, it could be lowered quite a bit and still maintain decent R/R. But if we close above resistance and bounce we shouldn't trade back below the 21EMA
Long
by JonatanRLZ
TRXBTC hitnRun candlestick bottom and breakout confirmation TP targets 1-3 (with 1 being pivot/short) I realize this is a little late to publish; forgive me but I had to attend to my own portfolio first. With that being said; better late than never, it wouldn't be considered FOMO or FUD (but it will be soon) for you to make an entry. BTCUSD will soon face a consolidation as the spring compresses together and prepares to snap. I should also add this is just as easily a long position with target for 360s if you're a more patient forex trader. Trade Safely; not a penny more than you can affford! Have a wonderful Day & Happy Birthday to my older brother, Dr. T Love you @a1mTarabichi
Short
by a1mtarabichi
Making BTC while BTC running with TRX!Trading Signal - BUY My buy price - 360 My (Trailing) Profit Take - 370** My (Trailing) Stop Loss - 350** **Trades are valid for about 8-12x the Timeframe (e.x 30min = 4-6 hours valid) after that, anything can happen. For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI! This is made possible by 3Commas.io A very easy to use solution for automated trading. If you want to contribute please use my referal link 3commas.io -10% Discount on the first purchase of subscription. When you do, I'am always available for questions! Take a look at My Twitter and follow for direct notifications of new signals!
Long
by Riptonair
Is Tron going to the moon or this a FAKEOUT!?Hello everyone! Peewee here, with an update on Tron! My past idea for Tron is here: I believe Tron is in the process of a potential major trend reversal, and there are a lot of solid signals on the chart. If you take a look at my prior idea, Tron recently bounced off the support of a long term potentially-unfolding symmetrical triangle. If this rally is a trend reversal, this would make a third touch of resistance of said symmetrical triangle. Likely, it will break, and with FORCE. If I am indeed correct with my count, this could also potentially be the start of a large 3rd wave forming. If the third touch of resistance breaks, it would make the most sense for it to be a wave 3. As of right now, Tron looks to be attempting to break out of strong resistance. If it succeeds this could be a very strong rally, but if it fails or has a major fake-out, Tron is going to dig a hole to China from the exact opposite side of the planet. Price: Bear flag. (Not the greatest thing to see but these always occur after huge downtrends anyway. Still, be alert as Tron is a Bitmex coin and big rallies/dumps happen *very* quickly.) 315 sats is a very historical support for Tron, if it dumps seek that area for support. Price bounced hard after passing the .886 Fibonacci retracement. Currently fighting to stay above the .786 Fib retracement of the 850 Sats high months ago. Strong volume bullish engulfing 8H candle. Consolidation happening directly under the 50 MA on the daily with a bull flag on mid time frames. 2 higher highs and 2 higher lows so far. Possible inverted head and shoulders. Neckline being around 420 Sats. Possible ascending triangle Tron is currently re-testing the prior resistance of for support. Tron is also holding above a very key trendline shown in my prior idea, labeled as the "STRONG support channel". Indicators: Bullish divergence from the 16th. The RSI is above 50 and finding support on 60, indicating for now, bulls are in control. There is, however, a bearish ascending wedge printing in the RSI and price is indicating a potential bear flag. Regular bearish divergence is currently printing, but is weak *so far*. MACD shows a burst above zero line on strong volume after consolidating directly below. MACD is above 0 so it is bullish but it is also slightly converging. I don't really see the bear flag playing out, at least not yet, for a few reasons. Firstly, volume. Although volume still isn't very high in comparison to later history, it is very high on the buy side when compared to the volumes of the bullish bounces that occurred during downtrend. This volume came in on a bounce off the potential symmetrical triangle support. Second, if you look back throughout the history of Tron, 315 Sats has held extremely strong historical support. Tron recently re-tested this support after plunging well below the .786 retracement, and 300 Sats held. The 2w close was well above 315 Sats, coming in at a whopping 357 magnum. Third, we are now above the .786 and consolidating in a bull flag. The .786 is a very sought after Fib retracement for support. If Tron closes the current 2w candle above the .786 retracement at 388 Sats we're going to the MOON. Institutions and professionals use this Fib where they can to accumulate. It usually marks extremely strong support. Overall, I am in a very long term long on Tron as a test. I will add more capital as Tron conquers the Fib levels from the 850 Sats high and simply raise my stop as it goes. The .786 is located at 388 Sats, meanwhile the .618 is located at 490 Sats. If Tron is indeed reversing Trend I would suspect in the short to mid term that it at least tests the .618, especially considering how many red weekly candles Tron has had. Sorry people, the chart is ugly. I'm decent at TA but horrible at making my charts look pretty- lol I promise I will work on that. That said, I believe you have all information you need on this chart to make a solid short-term trade if indeed Tron is bullish.
Long
by deactivatedaccount123
Tron (TRXBTC) Will be a good buy and hold once it comes down.Check out my previous Tron ideas. Up over 50% currently. While it does look bullish, don't buy until it retraces back into the buy zone. This could take a couple of months. The main ideas are on the chart. Looking at the Tron community, they seem like fanatics, just like the XRP community. That is good for the coin, since they are likely to hold and create more demand. When the next bull run arrives, this coin will perform well. Thanks for viewing! Buy a million Tron and hold them. Treat it as a long term investment. Be prepared for it to go to zero, but I doubt that will happen. Now is the time to be buying some of these altcoins. Many are below their ICO price. If there is a good one, buy some and forget about it. The winner will likely negate the losses of the coins that go to zero.
Long
by HD1184K
3
TRX (Tron) King Of Pumps...!!TRXBTC Weekly Chart Introduction TRON is dedicated to building the infrastructure for a truly decentralized Internet. The TRON Protocol, one of the largest blockchain-based operating systems in the world which offers scalability, high-availability, and high-throughput computing (HTC) support that serves as the foundation for all decentralized applications in the TRON ecosystem. It also provides better compatibility for Ethereum smart contracts through an innovative, pluggable smart contract platform. Trx Has Always Bounced Back From Trendline ... And This Time I'm Expecting Same.. Buying Above Trendline (400 Sats) Is Good.. Sell Targets 740-760 Sats Next Wave Will be Bigger So Longterm Hodl Will Be Better.. Hit Like On Idea For Motivation.. Thanks
Long
by Faibik
TRX (Tron) Breakout Soon..!!#TRXBTC (Binance) Looking Stable & Bullish On This Support.. So Keep An EYE On It. Buying Zone Above Support Zone.. Sell Target For Midterm Is 740 Sats Stop Loss Below Support AREA.. Introduction...!! TRON (TRX) strives to build the future of a truly decentralized internet and global free content entertainment system that utilizes blockchain technology. The TRON Protocol represents the architecture of an operating system based on the blockchain which could enable developers to create smart contracts and decentralized applications, freely publish, own, and store data and other content. According to the TRON Foundation, the ecosystem surrounding this network specializes in offering massive scalability and consistent reliability capable of processing transactions at a high rate via high-throughput computing. Hit Like & Follow Us.. Thanks
Long
by Faibik
TRX Ready For GainsWelcome Back! Ready for another coin ready to move? Today we will be talking about TRX or Tron! This one is pretty self explanatory.. Massive Inverse Head and Shoulder coming at the end of a long retrace? Could it be any easier? We got rejected at resistance however, now is a great time to accumulate before the coming breakout. Lot's of people call this coin a scam! Something I can tell you from personal experience is scams pump the hardest ;) I will update as the trade takes footing...
BINANCE:TRXUSDLong
by UnknownUnicorn846565
2