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TRXETH

Tron (TRX) Ascending Triangle formed. Breakout possibility.With the Tron main-net launch coming out in the next two weeks, it is almost impossible for us to remain below the 850 satoshi level. We have seen strong resistance at the 850 mark, but support has been moving upwards on the 4 hour time frame. We already have hit to reaction highs and two reaction lows, so in theory the ascending triangle has been formed. Trade Signals: Rising support at 740 and 780 satoshi levels. Likely forming an ascending triangle. Still in an altcoin bull market, people still investing into new ICO's, evident from Ethereum transaction volume How to trade Buy in: Weak support around 820 with a tight stop loss, (suggestion might be 816) Somewhere on the trendline, currently around 800 satoshis. Sell targets: 865 -899 satoshis 1000-1081 satoshis 1200 satoshi level 1400 satoshi level (unlikely) Thanks for viewing! Please leave any suggestions in the comments box below. You also might want to check out my "tron private test" and "Tron (TRX) Time to get back in after the correction" charts. I am currently giving out some private high risk charts for day traders, so please message me if interested. They will be similar to the "tron private test" chart, but I don't post them publicly because tradingview prefers longer term ideas since traders cannot cash in on shorter day trade ideas.
Long
by HD1184K
2
Tron (TRX) Time to get back in after the correction (+22% BTC)Tron will be launching their main-net on May 31st, and during the month of June they will be electing their super representatives for the Tron community. It's easy to predict that the price will rally during the news, but the hard part is calling the bottom. Signals: BTC dropping to close to 8000 USD, which is the big support level for bitcoin. Bullish divergence forming on the 4-hour chart assuming we can hold our current level. How to trade: Buy In: - Current level of 730 if you believe downside is over short-term - 680-700 satoshi range which is likely where we get another bounce. I have set most my limit orders at this level. Sell Targets: 899 satoshi level (Main target) 1000 satoshi level 1200 satoshi level Stop Loss: Under 650 satoshis. The rest of my targets have been highlighted by a red square, but I believe the mainnet pump is unlikely to get too far past 1000 satoshis. My personal strategy for trading the hype for TRX. 1. Buy TRX at lowest level possible before first major awareness tweet & sell after bearish divergence on the 4 hour RSI. This date has been shown using the first vertical blue line. 2. Buy back in after a correction of at least 10%. Sell 90% 2-3 days before the mainnet launch. This date has been shown using the second vertical blueline. 3. If we are in a bullish trend, buy back in once again in after correction in anticipation for the TRX super representatives election. Thanks for viewing and good luck on future trades! If you have any comments or constructive criticism, please leave them in the comments.
Long
by HD1184K
3
TRX approaching mainnet - could double in almost 3 weeksI believe BINANCE:TRXBTC is positioned to make great profits by the end of the month. With mainnet on May 31st and the active shiller Justin Sun that has almost 500k twitter followers and plans to make Tron the 6th coin in coinmarketcap, this coin should make great profits in the coming weeks. I bought on the 50% retracement and I'll hold until further notice. I'm expecting to see the price @ 14 - 14.5K on around May 29th - 30th
Long
by GabrielVasile
4
Don't miss the great hunting opportunity of TRXETHTechnical analysis: TRON/ETHEREUM s in a range bound and beginning of uptrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 45. Trading suggestion: The price is in a range bound but we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone (0.000090 to 0.000076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.000090 ) Ending of entry zone (0.000076) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000104 TP2= @ 0.000145 TP3= @ 0.000319 TP4= Free
BITFINEX:TRXUSDLong
by ForecastCity
Don't miss the great hunting opportunity of TRXETHTechnical analysis: TRON/ETHEREUM s in a range bound and beginning of uptrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 45. Trading suggestion: The price is in a range bound but we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone (0.000090 to 0.000076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.000090 ) Ending of entry zone (0.000076) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000104 TP2= @ 0.000145 TP3= @ 0.000319 TP4= Free
Long
by ForecastCity
6
TRX 5/6 DAILY TIME FRAMEFrom chart pattern perspective, on a daily timeframe, two hanging man have formed and this indicates the bull is losing strength, RSI shows overbought as well, i strongly believe a correction is coming. From elliott wave perspective, wave 5 has done and now entering ABC correction. (A BREAK OUT OF THE BULL FLAG/FALLING WEDGE WILL INVALIDATE MY WAVE COUNT) Correction target would be around 0.062-0.071. A break of this price will lead to 0.05 range. Not financial advice.
BITFINEX:TRXUSDShort
by DesWong
Tron - TRX 62% Short Term Gain IncomingIt typically takes a few weeks for the bull market to heat up. I think that's where we're at. We're in the warm up period where more and more buyers are entering the market. When the first coin moons we're looking at 300%+ gains in a short period and I haven't seen that yet on a reputable coin. I think the bulls started around April 12th and I personally noticed it with EOS heating up. These runs typically last about 2 months. Coins run at different times. If we pick predictable coins we can shift BTC around and buy the dips, sell the peaks. That's where Tron comes into my strategy. It's easy to call when it will run. I can put some BTC on Tron, wait for it to reach the right side of the triangle and it runs consistently. I can draw triangles all day on Tron. We can use Tom Demarks TD Sequential to get a sense of where to buy inside the right triangle. It's remarkably accurate but not a guarantee. Check out Tom's YouTube video, smart guy... I like it on a 4hr chart. Basically what we're doing here is placing educated bets and stacking the deck to work in our favor. If we place these bets correctly a high percent of the time we win. A lot of us make more on crypto than our day jobs. Trade consistently, based on good information, and you will be successful in this space If you disagree or think the moon shot is incoming I'd like to hear your opinion below. If you agree let me know. I'm always trying to fine tune my simple strategy.
Long
by CryptoColombia
1
Tron - TRX 62% Short Term Gains IncomingIt typically takes a few weeks for the bull market to heat up. I think that's where we're at. We're in the warm up period where more and more buyers are entering the market. When the first coin moons we're looking at 300%+ gains in a short period and I haven't seen that yet on a reputable coin. I think the bulls started around April 12th and I personally noticed it with EOS heating up. These runs typically last about 2 months. Coins run at different times. If we pick predictable coins we can shift BTC around and buy the dips, sell the peaks. That's where Tron comes into my strategy. It's easy to call when it will run. I can put some BTC on Tron, wait for it to reach the right side of the triangle and it runs consistently. I can draw triangles all day on Tron. We can use Tom Demarks TD Sequential to get a sense of where to buy inside the right triangle. It's remarkably accurate but not a guarantee. Check out Tom's YouTube video, smart guy... I like it on a 4hr chart. Basically what we're doing here is placing educated bets and stacking the deck to work in our favor. If we place these bets correctly a high percent of the time we win. A lot of us make more on crypto than our day jobs. Trade consistently, based on good information, and you will be successful in this space If you disagree or think the moon shot is incoming I'd like to hear your opinion below. If you agree let me know. I'm always trying to fine tune my simple strategy.
Long
by CryptoColombia
3