Tron
TRXUSD Target Price 0.1230TRXUSD Exponential Moving Average Period 10, Exponential Moving Average Period 20, Diagonal Trend Line. TRXUSD closed above Trend Line Level, EMA 10 Level, and EMA 20 Level.
VET swing plan on uptrendAfter steep pullback to uptrend line, price is now still playing within fib levels. Once we see a break of our daily zone and 0.5 fib level, we are going to see an impulse move up to the 0.382 level before an eventual retest of all time high. This will be a managed trade for us here, most likely re buying on pullbacks even after ath breaks we will be playing extensions from that point on.
- Entry: looking for entries after break and hold of daily zone / 0.5 level
- Stop loss: placed just below VPVR, support zone, and Moving Averages
- Take profits:
- (1) 0.236 level
- (2) ath level
- Fib extensions
* Looking for a high volume break of mid zone with momentum supporting showing bulls are in control as our entry signal
TRON (TRX) - October 25Hello?
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(TRXUSD 1W Chart) - Mid-Long-Term Perspective
Above the 0.03074453-0.04413840 section: expected to continue upward trend
(1D chart)
Resistance section: 0.11243825-0.12543392
First support section: near point 0.08644692
Second support section: 0.04745992-0.06045559
You need to keep the price in the 0.08644692-0.11243825 section to see if you can break out of the downtrend line.
If the price is maintained above the 0.10168507 point, it is expected to move towards resistance.
A move above the resistance zone is expected to accelerate the uptrend.
If a decline occurs in the first support zone, a short-term stop loss is required as it may move down to the second support zone.
However, you can touch near the 0.07500028 point and rise, so you need to think about how to deal with it.
On the CCI-RC indicator, the CCI line is attempting to rise above the +100 point.
If the CCI and EMA lines move higher than the +100 point, the uptrend is expected to accelerate.
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(TRXBTC 1W Chart) - Mid-Long-Term Perspective
Over the 259 Satoshi-318 Satoshi section: It is expected to create a new wave.
(1D chart)
It is necessary to check whether there is any movement that deviates from the 114 Satoshi-207 Satoshi section.
However, if it falls from the 154 Satoshi point, it can touch the 114 Satoshi point, so careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
TRX is a sleeping beast! - Keep an eye on it!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume, or you can buy when the price breaks above 0.11$.
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The idea is: Buy the breakout from the symmetrical triangle (or 0.11$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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TRX super bullish - Target 0.14#TRX/USDT Update:-
$TRX currently trading at $0.103
TRX has broken again his resistance
Lot of volume. All the signals are green :-)
Our next target is 0.14 !
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TRX analysis in 4h time frame* TRX is consolidating between it's resistance around $0.10550 and it's support zone near $0.082
* The below Ascending trendline is too working as support for the price.
* If the price breaks the above resistance we can see a rally till $0.12. TRX is bearish below the trendline.
Tron TRXUSD - Elliott wave + Massive channel!- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
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