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TRXBTC

TRON is looking for a breakout TRX/BTC chart looks bullish as it has made a new Higher High. 📍 The white descending trend-line is getting broken by the price. ✍🏼 We could set our buy limit on the pullback to its descending trendline or we could buy here just as the price is getting WILDER 🐃 ⚠️ The first resistance level where the red descending trend-line and the orange horizontal line meet each other so be safe and take profit there if you wish. ⚠️⚠️⚠️ Keep in mind that my analysis is just for sharing and do not make any sell or buy position based on my charts. 🧐 Ask me if you have any problem and/or question. HAVE A PROFITABLE LIFE 💰
Long
by C_EWAVE13
TRON (TRX)/Bitcoin (BTC) All Aboard I've said on my show a hundred times... Tron will shock the market. Against USD Tron has been stellar. Bitcoin not so much. Some of you know in the last several weeks, TRX had it's breakout of it's years-long downtrend. The downtrend line is labeled yellow. This came after a fake-out back in September 2020. Elliot wave analysis: The first 5 sub-wave structure (labeled blue) of larger cycle wave 1 (labeled green) . It looks as though we are currently in the ABC correction wave 2, labeled as red. More specifically we are finishing off wave B before entering wave C. Then on to Wave 3. Wave 3 is typically 1.618 Wave 1. Fib. Analysis: This recent breakout was recently confirmed with a second wick down to the .618. That's a double bounce off the .618. This is a very bullish indicator. Hidden bullish divergence: Labeled as green trend line. Higher low price action, lower low RSI. Strengthening our chart analysis. What to look for short term: Expect the ABC correction to play out, it could bounce again of the yellow trend line at the end of wave C. This would be a perfect opportunity to long, in my opinion. What to look out for long-term: Even when an elliot wave structure looks perfect... I always want wave 3 to be confirmed.. that is, a breakout above the previous high. We don't want any double top action which can confuse investors into panic selling their position. That's why you can take profit at previous high, or wait til the end of wave 3. If you choose not to take profits at wave 3, you can still increase your position by buying the wave 4 dip.... and riding this rocket all the way to wave 5. Remember, elliot waves can be seen on micro and macro scales, each set of 5 waves being part of larger macro wave 1 and so on. Each 3 wave correction all part of a larger macro wave 2 correction etc. Big picture: If you are a hodler or long-term investor... you are in the perfect buying zone. Anything in this price range is going to bring in great returns. We are just beginning a new uptrend after successful breakout.
Long
by NoobTraderTV
17
Tron (TRX) - May 6Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSD 1W chart) (1D chart) The volatility around May 7th (May 6th-8th) should be watched to see if there is any movement that deviates from the 0.10457024-0.16863512 interval. In particular, we have to see if we can get support and climb at 0.13660268. If you fall at 0.12748467, you need a short stop loss. However, it may rise along the uptrend line, so careful trading is necessary. If it falls from the 0.09289318 point, a Stop Loss is required to preserve profit and loss. On the CCI-RC indicator, it remains to be seen whether the CCI line can rise above the EMA line. ------------------------------------- (TRXBTC 1W chart) (1D chart) We must watch for any movement that deviates from the 215 Satoshi-262 Satoshi section. If it falls at 168 Satoshi, Stop Loss is needed to preserve profit and loss. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:TRXUSD
by readCrypto
1
TRX All Targets After Exiting From This Channel #trx #trxbtc #tron #binance #altcoins #best_altcoins #trading TRX All Targets After Exiting From This Channel It can happen after crossing the orange line quickly. The timing of the event depends on many factors. But what is clear is that this coin has a lot of potential. Maybe the entry now has a 30% risk for the short term! But the risk in return can be at least 300% profit. What the charts and indicators show I may see good growth for Tron in the next 20 days and maybe sooner.
by Alarmsignal
TRX- Diagonal patternInteresting ideas for joining NFT and getting into Defi, this news, in general, can be very useful for this network and Token. In the 5-day chart in TRX / BTC, the Diagonal pattern can be seen, which can indicate the termination of the downtrend and the formation of a very strong long-term uptrend, and reaching the initial targets of 1083 and then 3332. In the daily chart and against the dollar, we are in the 3rd wave, which by counting the wave, the price movement can be extended up to 34 cents. According to the wave balance line, we can have a target of at least 70 cents for this Token.
by NirmataFX
1