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Tron

TRX could finally do something!While Many Alts have reached their ATH in Feb Bull run or are about to, Tron lagged behind. However with the recent announcement of Tron entering Defi and also looking at the chart in the Weekly time frame I am giving it a high chance to Tron for some sharp gains in March. In the weekly chart we can see that it has broken out of its descending triangle for a while and that it has not broken the green trend line support since June. since first week of Feb it's been also riding on the support of Purple line without closing below it. the Bearish momentum signal has still not given a Volatile circle however I expect to see it in next week's candle. If needed I will update the analysis in coming week. in most bullish scenario it could reach the 2nd Target before end of March. NOT A FINANCIAL ADVICE! P.S Also hope Mr. Sun helps this momentum by sharing a Funda news which despite his usual hype attempts, is actually meaningful.
HITBTC:TRXUSDLong
by SK1368
Tron (TRX) - March 16Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We need to see if we can get support and climb in the 0.04787-0.05050 range. If you fall from 0.04787 point, you can touch 0.03998 point, so you need a short Stop Loss. If it falls from the 0.03998 point, a Stop Loss is needed to preserve profit and loss. It remains to be seen if volatility around March 21 could break the downtrend line. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Tron (TRX) - March 4Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 0.04787-0.05050 range. In particular, it remains to be seen if it can rise along the uptrend line. If you get support at the 0.05050 point, you can expect further gains. If it falls between 0.04390-0.04608, a short Stop Loss is required. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
One of the few altcoins that could possibly growMost altcoins don't look good right now. Yes, they can grow up, but they can also fall a lot. So the risk/reward is bad. Altcoins are subordinate to bitcoin, so you need to look at it first. You can try to take a TRX for a small part of the capital. He is consolidating, and we are positive about Bitcoin. Therefore, it makes sense to consider. Stop loss if the day closes below 70. In case of a false breakout, you can re-enter the position. Take Profit. Marked in red on the chart. Don't use more than 5% of your capital per altcoin. Better to use 2-3%.
Long
by pennygene
2