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Trxbtclong

TRXBTC-3-7 DAY TRADE %35-%40 POTENTIALHello everyone, let's start with some indicators, STOCHRSI : 4H K Crossing UP D RSI : RSI line crossing up 50.00 line in the 4H chart. In the 1D chart, RSI line will break his descending channel, same with candles. Just need some more volume. Bollinger Bands : are so squeeze, it could explode to our targets with volume. EMA : 7 crossing up 21 in the 4h and waiting for volume tosit down on the 50 and 200 EMA. TD Sequential: It gives us first green count in yesterday, it will start bullish. Candles and patterns : are so volumeless but when volume comes, it will break his descending channel with a good, long candle! Buy-in : 0.00000410-420 Target 1 : 0.00000473 Target 2 : 0.00000523 Target 3 : 0.00000568 STOP LOSS : 0.00000390 or 0.00000395 It's not an investment advice, do your investment with your own risk!
Long
by berat0645
TRXBTC's massive descending triangle (4hr tf analysis)Tron (TRX) made a high of 0.00002047 on Jan 5, 2018 and has been in a downtrend since then. A massive descending triangle is drawn on the 4hr tf. Support area for TRX is marked with green lines (between 0.00000261 and 0.00000207) should TRX break to the downside of the descending triangle. A potential breakout above the descending triangle should see TRX possibly return to Target 1 (between 0.0000891 and 0.0000956) or Target 2 ( (between 0.00001247 and 0.00001312). POE= Point of entry which is just above the descending triangle at ~0.0000457 A breakout above 0.0000457 is the trigger for the long position in TRX at which point the stop loss (or POI) is placed just below the bottom of the descending triangle at 0.0000371 POI= Point of invalidation= Price closing below 0.0000371 after the trade has been entered = point of exit from the trade. Using the bottom of Target area 1 or the bottom of Target area 2 should produce a risk/reward ratio of ~5:1 and 9.5:1 respectively.
by Coin_Analyst
8
TRX Consolidation may bring us to ATM $$$TRX is at a level of potential recovery. We can definitely see in the DAY time frame chart the end of the downtrend structure and it may bring us back to profit. We have to be careful !! We could be seeing TRX back to the 275 area cause of its need to square UP at this level and this is probably his best opportunity to do so. The RSI is giving us a great sign of recovery whit a potential short drop to 275. If it doesn't go further down, we could be on our way to hit the ATM on a long term trade. If it goes down, we definitely have a greater opportunity to hit the JACK POT witch could bring us a 300% profit or more ! As for the short term, we could be expecting a fast recovery to its first resistance of 600 (BTW, this would give us an easy and quick 30 to 50% depending on your entry point) Do not enter TRX without having a confirmation of his next move. The RSI is providing us a great idea of where we are going BUT wait for the perfect timing to minimize the risk and MAXIMIZE your PROFIT ! Risk management is the Key to success in Crypto. Follow me on telegram to be updated on this trade. (link is below) Like the chart if you agree and comment to share your opinion !
by CryptoDjet
3
TRON's turn to go up!With BTC, LTC, and ETH's rise in prices, the altcoins have started playing catch up. Ripple (XRP) and Appcoins (APPC) have made good progress in putting in a bottom. Is it Tron's turn? I could see Tron reaching back down to $0.02 earlier but with everything going up and the Chinese new year, I see more potential to the upside. We had some good volume yesterday 24 hours ago on 2/15 6pm EST but came back down pretty quickly. Still in a descending triangle formation getting closer and closer to breaking out. If we go up, I anticipate first targets to be around the 700-750 satoshis. We have confluence using a fib extension from low of 400 sats to previous high of 630 sats. The 1.618 extension lines up within the TP1 box based on S&R levels along with a retracement from ATH to 400 sats .236 level. After hitting this level, I would expect a retest of previous structure of 620-650 sats. This is not required if we have enough volume to take us to TP2 level. TP2 has a nice confluence level as well with the same extension at 2.618 and a retracement from ATH to the .382 level, 900-1000 sats. Let's see how TRON plays out. Comments and feedback appreciated, good luck!
Long
by dcardona1
2
trx price analysis (tron price analysis)hey friends trx is forming falling wedge and it have a good chances for breakout don't buy now wait for breakout I have circled their buying volume is increased and it may breakout soon wait and watch for breakout it needs to breakout with good volume we can see that cmf showing negative it needs to form upside which shows trend and volatility with good volume so wait breakout soon buy after breakout good luck , keep earning, good bless you.
by Sunny_Sharma
TRX Breakout points - Feelin' Bearish!Hey guys, TRX has been taking a massive beating since its hit its all all time high wit the help of FUD and weak BTC performance. What you see here is the following: SR lines are marked in blue Bright Green lines are past trendlines Dark Green line is current trend Green Flags are breakout points The two circles show TRX coming into a squeeze where volume boosts! TRX breaks trend and drops under its support line. NOTE Fundamental analysis is showing a calm sky. Should reflect some stability/consistency in chart TRX is a sleeping bull with some great news including a mainnet launch on the 31st but with the current BTC market it will continue to have a hard battle with the bears
Long
by sombtcbarron
1
Tron TRX Forecast - An Closer Look Helps Paint The FutureFollowing my previous chart which showed Tron's potential, I am now taking a closer look of how the chart should make it's way up in a conservative manner. However I must point out that there is nothing conservative about TRX. When it pumps it pumps hard and when it dumps it dumps harder. The chart depicts an upward trend following the long-awaited bullish reversal. In order to retrace the prices in a more accurate manner I've decided to omit the swing low (382) and take the next swing low (478) which actually confirms the reversal of trend. I've taken into consideration the chart's bearish trend angle and averaged it to around 30 degrees which in-turn used it to trace the bullish trend pattern. Since bullish reversal is most likely confirmed I've decided to go for the Elliot's Wave to support my idea. I've labelled the support and resistance levels through multiple Fibonacci retracements and extensions. The process is much more complex but I've decided not to clutter the chart and keep it simple. Chart does not take into consideration BTC's price. Hope this helps create a clearer picture of TRON's future price. This is not an investment advice, always do your own research.
Long
by itradearn
10
#TRX #TRON +78% target 0.00001456 BTC next 28 hours1h charts show a second bullish flag after the first bullish pennant rally. See updates for that chart. 4h charts show we're entering into the ichimoku resistance cloud with a great chance to break through to the higher level with the 1h upcoming +24% rally over the next 6 hours. 4h charts also show that we are forming a bullish flag with a combination of the two 1h chart rallies, for a larger rally with a target of +78% overall. First Target: 0.00001017 Second Target: 0.00001301 Third Target (completion): 0.00001456
Long
by Tin.Foil
14
Tron TRX Forecast - The most FUD'd CryptoCurrencyTron is the most FUD's altcoin to date. However TRX has the potential to actually rocket to the moon and out of orbit! History shows us the most controversial companies are usually the companies which revolutionise the industry. Tron has the capability to do this. What Tron is trying to achieve is incredible and it comes to no surprise the amount of hate around this coin. Chart shows support around 450 - 500 area. Considering BTC is down, TRX is building foundation around this area. Basically TRX shall start again from where it pumped to 2,000. Tron has yet to release a product and we are sure that Justin Sun is beefing the developer's team. Investor's are hoping for a partnership with Alibaba imminently. Investors also want lambo's overnight :) It seems obvious that Jack Ma is showing interest(does not mean financially) in Justin's start-up. I find it hard to believe that a start-up company is stealing senior developers from the biggest retail company in the world. Jack Ma MIGHT be "transferring" these developers. Eventually if TRX's product is successful, Alibaba's partnership won't seem far off. Think about it! This is not an investment advice, always do your own research.
Long
by itradearn
2