TRON 45% Move Upwards in PlayHey traders, today we're charting tron.. a very highly requested chart by followers.
Tron is looking very bullish right now, not only on the chart but fundamentally too. The announcement of the partnership with Samsung was HUGE a few weeks ago, and I think that was reflected in the price already.
We are in altcoin season, or at least the beginning of what it's going to be. We should see that reflected in the prices of these altcoins to bitcoin in the next coming few months.
Tron is a great buy along that yellow line at 210 sats with a nice exit at 283. It's holding the level at 210 very well and the 200MA crossed the 100MA sparking interest in the market.
If you're outside of the United States and want to take this trade, I suggest signing up on Binance. The link is down below.
This trade may take even a few weeks, but just watch. This will hit to a T, save this post for later.
Entry @ 200-210 sats (under the 210 support)
Target @ 283 sats (swing high of the downtrend move)
I do believe in all my charts I post, and in saying that my current altcoin holdings are TRX, BAT, XRP, and XLM. All 4 of these charts look exactly the same.
As always please do your own research, I am not a financial advisor.
TRXBTC
Which direction does Tron choose?Which direction does Tron choose?
The indicators indicate that the market is suffering.
But Tron's historical past in the past year has been lucrative since January.
what is your opinion ?
Farsi :
olgooye mosallase motegharen tashkil shode.
had haye rosh ya kahesh elam shode.
#tron kodoom samt mireh ?
tebghe tarikh.... parsal....dey mah va bahman mah.... roshde khoobi dashteh.
man migam "ROSHD"
TRX/BTC Trade Idea - 45% MoveJust like a majority of the altcoins, Tron looks like it's beginning it's alt season. We saw the bottom in late Sept.-early Oct. just like XRP. We won't see those levels again for a while..
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 45% move.
This dip in the market right now causing price to dip sub 200 sats was because the move at 210 sats failed. This is just normal market cycle, use this dip to your advantage and enter the market.
Tron will cross back over the 210 sat move very fast, then accumulate on top of the 210 level before it tries to test 283 sats.
Entry @ 195-197 sats
Exit @ 283 sats
As always please do your own research, I am not a financial advisor.
TronI will see it in the short term.
-TRXBTC-
There is no big change.
Check if you can continue to receive support from 20MA.
You should also check if you can support the upward trend line.
-TRXUSDT-
It broke through strongly against the 0.01495 point.
You should check if you can get support at 0.01364 and the uptrend line.
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The CEO talks too much.
If the CEO talks less, Tron's price will rise.
TRXBTC Short TRXBTC failed to 220 level and showed the double top.
Three falling down tops says about weakness of upward trend inside the rising channel.
Additionally, MACD 4 weeks in sequence haven't raised.
Previous week is still in bearish merge.
Briefe review:
TRXBTC Short
Sell 211-215
Stop loss > 220
Take profit 1 - 196
Take profit 2 - 170
TRX BTC Potential 30%Again, yesterday TRX hit the long-term up-trend line and bounced from there.
I see a symmetric triangle on the daily chart.
Over the next few days, TRX will decide whether up or down.
If the symmetric triangle should break up, then I see a 30% potential until 290 sats.
If it should break down, then we should pray for the hodlers
Discloser: This is not financial advice!
TRXBTC SimplifiedPlan A - Enter between 201-215 sats. Sell targets within the red boxes whereby the diagonal resistance is reached.
If this poo's itself, then revert to plan B. Buy around 169 sats, by then, it'll be recharted for potential sell targets.
Stop losses should be tight, but make sure that you avoid liquidity pools.
And plan C... well, just take some pills and cry.
GK
TronLet's look at the chart in the mid to long term.
A chart of TRXBTC was added.
It is supported by an upward trend line.
The day when the downtrend line meets the uptrend line is around May 2020.
However, the day when the downtrend line meets the 0.00000308 point is around February 2020, so we expect to break out of the downtrend line before May 2020.
The current price position is located in the mid to long term investment area.
We should check if we can break the 0.00000434 point and continue the upward trend.
The target price will be 0.00000434.
It is supported by the 0.01364 point and the uptrend line.
If you climb above 0.01869 and receive support, you may challenge the 0.02274 point.
The above 0.02274 point is considered as a point to continue the short-term uptrend.
Below 0.01364 is a long-term investment area.
TRXBTC : Possible 40% LONG Trade TRXBTC is holding the uptrend channel support since September, which is a bullish sign.
TRXBTC is also holding above 50,100 Daily MA.
MACD is about to turn bullish after potential crossover.
I am expecting TRXBTC to drop from the current price(0.00000215) and find support above 0.00000201 BTC. Anywhere between 0.00000201-206 will be a good area to LONG TRX.
Targeting above 0.0000028 BTC
STOP Below 0.00000196 BTC
Tron Can Do 160%+ Short-Term on 10X LeverageTron (TRXZ19) is looking bullish, growing and can continue to grow some more.
On the chart above I've marked the fib. levels for support and resistance.
Below the current price, we look for support (blue dashed lines).
Above the current price, we look for resistance (magenta dashed lines).
With TRXZ19 now looking bullish, we aim higher and the next target is sitting at 0.00000222. After this target is hit prices can either retrace to later continue growing or go straight for the next target at 0.00000231.
Our main target is now sitting at 0.00000255.
Remember to have a plan if you decide to trade.
If you are looking for TRON (TRXBTC), you can click on the image below:
This is not financial advice.
Namaste.
$TRX, Pushed back to ~210 sats level and is flipping R/S$TRX
Pushed back to ~210 sats level and is flipping it back to support...
UCTS starting to show buy signals on low TFs, buy signal flashing on the 12H chart
Both EMA50 and EMA200 acting as support while RSI is returning to bullish levels...
#TRX