TRX/USDTI have two plans for TRX, the first may be slightly modified from the price of 0.032 and then start moving to higher levels that I specified 0.034 and .. and the second plan that it can not resist and make a lot of correction to lower levels. .. Buy carefully and patiently ...
Good luck friends ✌ ...
Likes and comments please🤩🙏
Trxshort
TRXUSDT; Possible long (19/09/2020)On H4, the cloud is directing upward, indicating an uptrend. Also, the price has broken the downtrend line.
The upward impulse is well seen on H1, which may be the first impulse for the continuation of short-term growth.
RSI is in near oversold level, which indicates a possible end of a local downward price correction.
We recommend buying TRXUSDT now.
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Analysis - TRX/BTCDear Colleagues!
Let's examine the TPX/BTS pair.
Today it is surprising and unusual to see such a move, while all major cryptocurrencies have fall by 15-25%.
Nevertheless, we are inclined to believe that there will be no serious trend continuation.
The consolidation awaits us in the offing, and fixation above 440 sat on the weekly chart will be buying confirmation.
TRON: Analysis using Ichimoku 17/06/2020H4
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation of a correction for H1.
Conclusion:
We recommend selling when the RSI reaches an overbought level on H1.
Good luck!
Bitcoin dominance can rise above 71%, Alts will drop soonBitcoin dominance bounced from 68% after touching the support multiple times, Looking at the current daily candle arrangments. It's very likely to Bitcoin dominance will slowly grow from here and face the next resistance at 71.3%.
MACD also had a bullish crossover recently and giving early bullish signs on the daily timeframe.
I am expecting Bitcoin to drop along with Major altcoins during this upcoming Bitcoin dominance rise.
It's safe to exit from profitable altcoin positions in the next few days, and also it's wise to open SHORT Swing positions for Altcoins Like-TRX, ADA and XRP with low leverage and low-risk capital.
TRON TRXBTC Technical Analysis Mid Term and Short TermTron Now Looking Neutral and Current Price of TRXBTC is 185 Satoshi .
And price sustain same price around 15 days.
and There are two scenarios
1st if one spike occurs then 193-199 Satoshi is my best Entry For Short.
And also Shorting TRXBTC at this Current Price and if spike then I will average my Short.
and My Target will be 167 Satoshi.
If You are Waiting for Short then 193-199 Satoshi is best price for Short.
TRX/BTC TA Update (Breakout within 1 week?)TRX/BTC
TRON is still trapped inside this downward channel and holding the 100 Day MA as support.
This long deep pullback will be tested within a week once the price consolidates near the end of the pattern.
Will TRON break bullish or bearish? I am not going to enter a trade here,
I would rather wait for a breakout to reduce the risk of guessing.
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
Tron Support Broken !!!!With the pump in Bitcoin, most of the altcoins are suffering and many of them have broken their previous all-time lows.
Tron previously had important support around 238-240 Sats which is broken successfully which shows soon we can see the 175 Satoshi mark or who knows even lower.
However with upcoming updates in the next week like Sun Network Mainnet and BTT Airdrop to TRX Holder we could see a slight pullback upwards.
But who knows with Holders, not satisfied with the last Hype I think fewer people will be interested in the upcoming fork.
Huge short opportunity coming for #Trx#trx Based on Elliot wave count we are on wave B of correction. Not going long on $trx instead i/ll we looking for short opportunities in coming days. I am expecting a move to atleast 740 sats, before breaking down.
I will update my analysis as we get nearer to the conference which tron is doing. Make sure you're following me to get the notifications.
Leave a like if this helps. Comment below , are you bearish or bullish on Tron.
Read other analysis below. (Over 90% + accuracy so far)
TRX Crab and ABCD harmonic patternsTRX Crab and ABCD harmonic patternsTRX Crab and ABCD harmonic patterns
TRXBTC RSI Bearish divergenceHi to all!
As u can see, TRX had some very nice up, but correction is here!
Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick,
RSI Bearish divergences + too overbought
R:R isn't good because of that yesterday wick, but return to golden ratio is 80% more likely for me.
Good luck.