$TRX #TRXZ18 - Breakout soon? - Day Trader ExplainsHello Lads and Ladies,
Lets do some quick TA on Tron today.
Things are starting to bounce and opportunities are here again for some nice but still safely set-up longing positions.
Please take note and always watch the market. BTC dropping 44.77% within 3 weeks is an insane amount without a significant pump. - When BTC pumps, it will also have an impact on all other coins.
So, what are we seeing here on the chart?
I picked the 12h chart to show you something that I use myself a lot but many have still no idea about it and how to use it. It is the RANGE.
To pick the range, we would set horizontal lines at the very top and at the very bottom of the chart.
As you can see right now, we are pretty much at the bottom of this range for Tron.
We are STILL respecting the very strong downtrend.
We are creating higher lows inside of a triangle.
We still did not have a close below 300 sats.
We are forming a bull hammer right now.
We are coming to an end of the triangle with an increasing chance of getting squeezed out.
Why are there two buy zones?
The yellow one is at this moment a good point to set first orders, entries etc. This is area where we have the lowest closes.
The green buy zone is basically an area where we only have had wicks down to, which I see it as the best buy in opportunity and also where you have your staggers.
Summary?
> Ending downtrend
> Bullish 12h close
> Re-Testing Downtrend
> At the bottom if its range
> Entry below 310 is good, below 300 is perfect
> Targeting the middle of the chart range (356)
Please note that this is a 12h chart and requires lower leverage.
Like and Follow me and you will find this page interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
This is as always a delayed post, if you are interested in first hand news, feel free to join our group,
Cheers, TJ
Trxbtcanalysis
TRXBTC Latest Technical Analysis You can See TRXBTC Chart in 1 Day Time-frame.
TRXBTC Follow Bear Flag chart pattern break down .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
TRX/BTC, 2019 will be huge.Hi everyone !
This is a TRX analysis for the next months. TRX's price is growing day after day since his lower year price at 259 sats.
There is a strong buy zone between 330 and 300 sats. I drew the big flag since the highers prices by the end of 2017 and an other one since few months.
Both of them are ending around the same time and i'm expecting a breakout there for a new real run.
TRX is one of the best project in the cryptocurrency's world. There is many partnership, and a very good team behind this awesome technology, and everyone is waiting for a big partnership with a billion $ value company (Alibaba ?) .
TRX is stronger than last year before an eventual new big run.
Look at Ichimoku Cloud, it's the first time where the "Long lead" is above the "Short lead" since the 21 August !
In this idea, final target is at least 1000 sats, i drew the Fibonacci retracement since the 1000 sats picks. I think this will be the new resistances in this run.
So, fill your bag and be ready for one of the best 2019 investment in the cryptocurrency's world.
Thanks for your time guys !
interesting formation on TRX/TRONCup & Handle could be in play.
Buy Green
Sell Red
//
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
//
it works good for stocks and cryptocurrency.
//
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot -7.44% -7.44% appears you buy, if a green dot -7.44% -7.44% appears after that green dot -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
//
shorter time frames will be choppy.
//
larger time frames will be smooth.
//
*Daytrading smaller timeframes is possible but not recommended.
Trade TRON with 1 indicatorBuy Green
Sell Red
//
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
//
it works good for stocks and cryptocurrency.
//
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot -7.44% appears you buy, if a green dot -7.44% appears after that green dot -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
//
shorter time frames will be choppy.
//
larger time frames will be smooth.
//
*Daytrading smaller timeframes is possible but not recommended.
TRX TRON Long Position !!TRX Very Nice Following Trend Lines and support Resistance Next Ride may be Start from 350 Satoshi around
Entry 350
Target 380, 410 , 440
Stop Loss 320
What Will be Next Move , i hope that Price can fly from the 350 Satoshi.
Share Your Opinion in Comment Box.
if You Satisfied With My idea Then Dont Forgot To Hit Like .
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
ThankYou....................!!
TRX/BTC DawnBenice team welcomes you!
Today our view were attracted to the throne.This token is designed to make a revolution in the market of social networks, adding a new trend in the world of Internet technologies.
Tron technology represents the distributed network which allows the users to get access from anywhere without the help of intermediaries. The reward for posting Content will come directly from the audience and depend on its popularity.
In 2018, the tron blockchain launched the Mainnet Protocol. Its own network, independent of Etherium, is capable of processing 80 times more transactions than Etherium. The Protocol assumes transaction speeds of up to 2000 per second and very low commissions of $ 0.0000001.
Tron supports the solidity programming language and can transfer smart contracts from the Etherium network to its network. Since the speed of transactions in the Tron network is much faster than Etherium, the popularization of the Tron network is a matter of time.
On a global scale, the coin is very interesting both in terms of functionality and development prospects. The project has more than 800 nodes around the world, which indicates sufficient decentralization.
At the moment, the capitalization of the coin is 1,312 billion dollars.
In the market about 65% of the total amount of tokens are traded. The rate the Throne reached a peak indicator ($0,278030) in January, 2018, however, after that the rate decreased and currently stands at $0.019958.
The technical picture suggests that the price of the token is in the zone of strong oversold . With the General decline of the market, it may fall to 0.00000216. This level of value in this case acts as a support and moves up the corner of Gunn 8/1.
The coin has a good reason to reach the 0.00000354 level in the near future.
Next, the target levels will be 0.00000442, 0.00000552 and 0.00000672.
The last level will complete the correction to decrease from the maximum value of 23.6%.
Our recommendation is Long from 0.00000322. The purposes mentioned above. It makes sense to split the purchase into 2 parts. Add the position in the case of the decline to the support level.
Benice team keeps abreast of any changes in the market situation!
[#2] TRX/BTC, breakout happened, last step before bull runHi guys !
If you read my last TRXBTC analysis, you know that the breakout happened few days ago.
"So, what's new ? Now, TRX need to break the 390/400 sats SELL ZONE before started the bull run toward 500 sats or more as first step."
(1) : The lagging span started to cross the cloud.
(2) : Up line is now above.
(3) : To confirm the last step, we need to see the last candle close above the cloud at 379 sats (purple line).
Then, the MACD is now above the 0.00 line.
One more thing (and it's the most important), TRXBTC need to clearly reach the SELL ZONE (390/400 sats).
Thanks for your time.
TRON TRX is close to RESCUE POINT, if broken MOONSHOT.Hello friends,
Hope you all are doing well both in crypto and life.
Lets start price analysis of Tron TRX.
Rate pumped, why? simple because of news and update.
Buy on rumours and sell on news.
The chart attached here, i gave to my subscribers and folloers on 23rd august indicating the buying zone market with green color.
Yellow line was the resistance if broken, will see price to the rescue point i.e. 500 sat. beware of this point, because this is selling zone.
TRX have many good news ahead, but a logical trading is more important here.
Book your profit near to 500 SAT. If price crosses ahead of 566 SAT, TRON IS GOING TO 900-1000 sat & MOON SOON.
MORE UPDATES ON WAY.
LIKE THE CONTENT AND FOLLOW ME
Thanks
Zia (@open4profit)