Tron (TRX) - February 1Hello?
Dear traders, nice to meet you.
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We have to see if we can get support at the downtrend line (2) or at 0.03070.
If the 0.03070-0.032 section is supported by the volume profile section and rises, an additional rise is expected.
If you go down at 0.02963, you need a short stop loss.
If you fall from the uptrend line (1), you need Stop Loss to preserve your profit or loss.
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** 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.
Hence, 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Tron
TRXUSD D1: TP HIT +45% gains in 10 days (REPLAY/RECAP)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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-24/7 uptime so constant updates
TRXUSD D1: TP HIT +45% gains in 10 days (REPLAY/RECAP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
congrats if you followed. TP hit. +45% gains
in just 10 days. click play to recap original setup
🔸 Summary and potential trade setup
::: TRXUSD 2D chart review and outlook
::: XABCD setup / speculative
::: setup still valid as of right now
::: get ready to BUY LOW
::: expecting point C to complete soon
::: strategy: BUY at point C / TP +40% gains
::: overall nice setup, let's see what we get
::: short-term expecting mild weakness / pullback
::: so recommend to BUY/LOW near point C later
::: get ready to buy low from my level
::: and you will get paid
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/pullback
TRX/USDT Potential ending of Triangle Correction->WAVE2I think we're closing in to the end of this long triangle correction (ABCDE), currently seeking the C of the E of the wave 2 of the larger degree count, which would technically take us to the start of the wave 3 of the larger degree. Please guys let me know what you think about this count in the comments below and hit that like button!!
TRXUSD W4: XABCD BEARS 50% DUMP (SL/TP)(NEW)TRXUSD W4: XABCD BEARS 50% DUMP (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: TRXUSD 4weeks/candle chart review/outlook
::: XABCD BEARS in progress
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: also distribution in tight range now
::: expecting breakdown soon
::: correction is REQUIRED
::: strategy: SHORT HIGH near market
::: TP1 +50% gains TP2 +65% gains
::: limited upside in 2021 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / SWING trade
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/50% GAINS
TRX Weekly it seems BullishTRX has a weekly channel & daily triangle and i think i think Tron triangle will be broken up.
if weekly candle close above 0.03400 A strong up trend is formed towards 40 and 50 probably .
I see a good outlook on this currency and I will hold it myself
Stoploss is bottom of triangle so enter with By observing money management
[Ronnie Analyze]-2021.01.25-ETH Stay alert and improvise!ETH keeps a bull market in a big cycle,
and the current price is testing the key resistance level.
Pay attention to the current 4-hour K-line,
If it can't stand on the resistance level,
it will be blocked and fall short-term,
and test the target position 1350;
If the price breakthrough resistance,
it will test the target position 1570.
------------------ -2021.01.25
Tron (TRX) - January 26Hello?
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.
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You should watch for any movement that deviates from the 0.02669-0.032 range.
If it falls from the 0.02669 point, a Stop Loss is required to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know 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.
Hence, 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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Tron TRXBTC - Falling wedge + Impulse Elliott Wave- Impulse Elliott Wave completed on the weekly chart
- Due to rules, we should expect at least an ABC correction to the upside
- Double bottom pattern on RSI indicator
- Tron can start pump anytime soon as the price is currently undervalued
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
Tron TRXUSD - ATH SOON, Falling Wedge + Triangle- Tron is breaking out of the falling wedge on the weekly chart
- Wait for the symmetrical triangle breakout to enter a long position
- Wave 1 and 2 seem to be completed, now I am expecting huge 3rd impulse wave to the upside
- 0.21 USD is an ALL TIME HIGH resistance
- Check my analysis on TRXBTC pair in related section below
If you want to see more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
Three bullish reversal moves flashedBig wedge and Ichimoku cloud:
If we take a look at the long-term monthly chart, then TRX with Bitcoin pair is moving in a falling wedge pattern and still has more capacity to move more down against BTC to hit the support of this big Wedge.
But on the weekly chart, the Ichimoku cloud has changed from bearish to bullish. Now it is easy for the priceline to cross up this bullish cloud at any time. This indicates that this time the price action of Tron may not move down to hit the support of wedge on the monthly chart, as mentioned earlier.
Different support and resistance level:
Now if we take a look at the different long-term support and resistance levels in TRX with USD pair, the price action has been rejected by the $0.04 resistance then for some time moved above the $0.03 support but unfortunately, this support could not be retained and now the priceline is moving between $0.025 to $0.03 support and resistance levels.
Bull Flag:
On the weekly chart, the price action has also formed a big bull flag and also formed a symmetrical triangle. There is also a 25 simple moving average support below the support of this triangle.
Big Cup & Handle:
In the same TRX with US Dollar pair, on the long-term monthly chart, the price action of Tron has formed a big bullish reversal Cup & Handle pattern. There is also an exponential moving average 21 support at the support of handle.
Bullish BAT move:
While the price action has formed two bullish reversal moves (Bull Flag and Cup & Handle), it has also formed another bullish reversal harmonic BAT move on the 2-day chart and entered in the potential reversal zone of this pattern.
Conclusion:
The TRX coin has formed the bullish reversal BAT pattern at the right time when the price action has also completed bullish reversal moves on bigger time frames. Therefore now the TRX can start a long term rally at any time.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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TRX formed bullish BAT for upto 27% rallyHi friends, hope you are well and welcome to the new update on Tron.
On the 2-day time period chart, the price action of the TRX has completed the final leg of bullish BAT and entered the potential reversal zone. There is also 100 simple moving average support below the potential reversal zone area.
Possible profit and loss ratio:
This trade has a profit possibility of 27.5% and the loss possibility is only 4%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com