TRXBTC
Tron (TRX) mega bullish pattern ?TRX / USDT
possible accumulation above bullish pattern
inverse H&S in high time frames (weekly and Monthly) = mega bullish
Strong volume last few weeks
Possible next mid term targets : 0.07$ - 0.1$
🚨 To remain bullish TRX should hold green area (new support) by monthly candles
Best wishes 🙏
Tron (TRX) - March 29Hello?
Dear traders, nice to meet you.
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We have to see if we can get support and climb in the 0.06123805-0.06387631 segment.
If it falls, you need to make sure you get support at 0.05596154.
If you go down at the 0.05596154 point, you need a short stop loss.
If it is supported at 0.06387631, it is expected to rise towards 0.07970585.
On the CCI-RC indicator, it remains to be seen if the CCI line can rise above the EMA line.
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(TRXBTC 1D chart)
We have to see if we can get support at 114 Satoshi and climb along the uptrend line.
If it breaks above the M-Signal on the 1W chart and deviates from the downtrend line, further gains are expected.
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** 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 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.
Hence, the interpretation is the same as the traditional 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)
💡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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💎 Want us to help you become a better Forex trader?
Now, It's your turn!
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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 ❤️
TRON 240 MIN CHARTFinally TRX seems to have broken the continuation figure and is looking for support in the area marked above.
- Scenario 1: We can anticipate at this point an entry to look for the previous resistance area as TARGET 1 and 0.08 $ as TARGET 2 with a SL at 0.047 $.
- Scenario 2: Wait for a confirmation with rising highs and lows + BREAK and place our stop below this figure.
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Finalmente TRX parece que ha roto la figura de continuación y busca soporte en la zona marcada anteriormente.
- Escenario 1: Podemos anticipar en este punto una entrada a buscar la zona de resistencia anterior como TARGET 1 y los 0,08 $ como TARGET 2 con un SL en los 0,047 $.
- Escenario 2: Esperar una confirmación con máximos y mínimos crecientes + BREAK y Situar nuestro stop debajo de dicha figura.
Theories of the Dow Types of trends Phase TRON Still a little)According to the Dow theory, there are 3 types of trends. When the market moves in a certain direction, it never makes it a straight line. The market always moves like this: a new peak; rollback; new peak. A rollback is followed by a new maximum value, a new rollback, and so on until the trend changes.
As a result, any trend can be decomposed into several stages. Each stage will have its own maximum and minimum value. If the trend goes up, then each maximum value will be greater than the previous one. Similarly for a downtrend, where each low updates the previous low.
According to the Dow theory, there are 3 types of trends:
1) main.
2) secondary.
3) insignificant (small).
The main trend is a key market movement. To determine it, you need to open a larger timeframe on the chart, say, monthly or weekly. This global trend ultimately affects everything, including secondary and insignificant trends. According to the Dow theory, the global trend lasts 1-3 years, which, however, can change.
The main trend remains valid until there are clear indications of its completion. One of such indications may be, for example, closing the price below the trend line.
Secondary trend , as a rule, goes against the main trend or acts as a correction to it. This is how the main trend can go up, and secondary trends - down.
According to the Dow theory, secondary trends last from 3 weeks to 3 months, and the rollback against the main trend lasts from 30 to 60% of its movement. Also, the secondary trend is usually much more volatile than the main one.
All these values are conditional, depending on the characteristics of the trading instrument itself.
Minor trend (small) . In theory, this is a market movement lasting up to several weeks. As a rule, it is a correction to a secondary trend. In reality, the duration of the trend depends on the trading instrument in question
______________________________
A trend has three phases. According to the Dow theory, each trend has 3 key phases:
1) phase of accumulation (distribution).
2) the phase of public participation.
3) phase of panic (realization).
Accumulation phase.
This is the first phase, the beginning of an uptrend. It is at this stage that traders and investors enter the market, which can rightly be called professional. They have the greatest amount of information (often internal - insiders) about the current state of the market and the first to begin active actions. Other market participants do not realize at this time the state and direction of the market.
Typically, this phase begins at the end of the downtrend. At this point, most of the negative news has already been taken into account by the market, due to which investors, despite low prices, begin to see an asset in the future.
Of course, detecting the accumulation phase is not so simple. Often it goes after a downtrend. And it, in turn, can be just a minor trend in the general downtrend. As a result, instead of a new trend, only a temporary pullback is obtained. From a technical point of view, the beginning of a new trend is always accompanied by a period of consolidation. This is when the market moves sideways and then begins to show an uptrend.
The phase of public participation.
Participation phase Advanced investors and traders enter the market during the accumulation phase. In their opinion, the worst is over. When the trend really unfolds, the stage of public participation begins. Economic data are improving, the market is full of good news. The more such news, the more market participants connected in this phase. This phase is the longest of all, it is also characterized by the most active movement. Highs are constantly updated - exactly what investors were waiting for.
The phase of panic (implementation).
This is the phase where experienced traders and investors exit the market, while less experienced traders enter the market. As a result, such investors and traders are excited to buy at the peak of the trend, shortly before its spectacular fall. The same phase is a reversal phase - professional investors and traders understand that the market has exhausted itself and begin to close their positions opened in the first phase.
To determine this phase, you need to carefully study the signs that the market growth is complete. Moreover, the more active the market growth, the stronger the subsequent decline will be.
A similar story when the main trend is bearish and goes down. The situation is mirrored, and at the implementation stage, a real panic is often formed, when many inexperienced investors and traders dump their assets and the price receives the last downward momentum before growth.
Tron (TRX) - March 23Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We have to see if we can ascend to the 0.06103-0.06366 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls from the 0.05577 point, a short stop loss is required.
However, it may rise along the uptrend line, so careful trading is necessary.
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(TRXBTC 1D chart)
We have to see if we can ascend more than 114 Satoshi.
If it falls, we need to see if it can rise along the uptrend line.
-------------------------------------------------- -------------------------------------------
** 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)
React and discuss what you think about my prediction ?Ladies en gentleman
The chart from the only and one Tron IS VERY BULLISH in my eyes because of the left right shoulders and making a U-form back to his all time high back in 2016-2017
My long term is 3 dollar based on the 10 X from the bottom.
My mid term would be 0.60 dollar based on the middle line from the left right shoulders
What are your thoughts and what is your prediction and based on what?
Let's interact.
Feel free to hit the like button, react and share.
PEACE!
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
TRON (TRX) Will Enter A New Bullish Cycle, But Why?In 2019 and 2020 TRON (TRXBTC) had a nice bullish cycle that ended in early September 2020 with a peak price of 465 satoshis (0.00000465) for 244% total profits from bottom to top... This year it will be more.
We had a very strong correction of over 100% of the last bullish wave ending in a lower low...
Recently we had a bullish breakout and now we are seeing a potential higher low.
After 6.4 months of bearish action, red, we can easily see this trend change and see prices moving back up.
Additional details (targets, support levels & potential profits) on the chart.
Namaste.
$TRX: Road to Redemption or Plot to Steal All My Money?If you all knew how much money I've lost on reckless TRX moves over the years you would be ashamed. But like any good Mongoose I just don't learn my lesson until I bite the head completely off of the snake. If this thing takes off there is plenty of room for profits. Let's give it a go shall we? Oh and if you're reading this Justin Sun, you suck.
Warnings: If BTC continues on a tear TRX is almost aways guaranteed to plummet. So if we see another bull run we could see 75 sat and lower range. Also, this coin is cursed so good luck.