Trxusdtlong
TRX fuelling up for breakoutGoing by the chart, TRX is moving in an Ascending Triangle.
Going by the rules, looks like TRX has already touched point E on the chart, and in a day or two it should breakout soon.
Potential entry zone should been between 0.08400 - 0.08550 and keep a stop loss at 0.8309 (3% Loss).
I have also given potential profit booking zones.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
TRXUSDT Breakout InboundTRXUSDT is squeezing upward and is in the current supply zone . Once broken there is little resistance stopping this until 22% above the current price!
I have marked out the two levels best for buy entry following this play.
I will be personally placing my entry around the safest buying signal with strong price action and high volume .
Trade safe and comment what you think !
Tron Coin...22%-26% Push IncomingThere are 2 scenarios that we can run into with TRX/USDT...
1st scenario: TRX/USDT has broken out to the upside of the local trend line and is retesting the trendline. Once/If the price pushes past the current supply showing strong volume this could be the start to a bullish movement with a 22-26% gain towards the overall supply!
2nd scenario: If TRX/USDT breaks below this trendline once again this will be the start to a move towards one of these demand zones. Look for high volume to find the bottom of this possible pullback as well as strong price action.
Let me know what you think!
TRXUSDT Is about to Breakout of the Triangle
Welcome back Traders, Investors, and Community!
Hi Traders, TRXUSDT on H4 if it breaks above the Resistance line there would be a possibility for long. If it breaks below the Support line it might go around 0.059 before it goes up
⬆️Buy at 0.059 or Buy at Resistance Breakout
⭕️SL @ 0.055
✅TP1 @ 0.073
✅TP2 @ 0.082
✅TP3 @ 0.092
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Have a Profitable Day
TRXUSDT Technical AnalysisTRXUSDT is moving up after the rejection at the Support in an Ascending Triangle. We have series of Green candles which shows Bulls are dominating the market at the moment. When the price reaches the Resistance we might get a short Pullback down to 0.066 and again move up or the price may break above the Resistance and heads up to 0.093. everything would be clear when the prices reaches the Resistance and in the lower TFs like 1H or 30M we might see good opportunities to enter a long trade.
Buy at 0.066 or Buy at Resistance Breakout
SL @ 0.05 or at Support Breakout
TP1 @ 0.093
TP2 @ 0.109
Happy Trading:)
TRON Most Probably Will Fly 🚀🚀🚀📈 TRX/USDT| Potential Downward Movement
💡 Sell Limit Order @ 0.07724
🎯 Target Profit 0.07145
🛑 Stop Loss 0.08012
❌ Do not risk more than 1% of your account on each trade
Description:
The coin succeeded to break the bullish channel to the downside by posting a series of bearish candlesticks. A higher correction is expected toward the highlighted zone, where a reversal might be seen, and then a move downward to the target profit.
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TRX/USDT Regression TrendlineAfter breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more
(0.15500-0.15400)
(0.14600-0.14400)
(0.13200)
I'm still very bullish and holding my TRX in my spot wallet. But I will wait BTC daily closed candle.
If,
-> closed above 62k , I will look for new entry points for TRX futures positions
-> closed below 59.4k , I will not open any position
-> closed between, be on alert to 4h candle closed values.
BTC
Update TRX/USDT. Rejected Fibo 0.618 but still very bullishIt rejected from fibo 0.618 (around 0,16751) 4h RSI is nearly overbought . The view make me very bullish still. Daily RSI is rising.
I am rebalancing my TRX positions:
I closed my x2 futures position with 36% profit (Entry Price: 0.13628, Closed Price: 0.16635) . It can still break the fibo level after daily close but I will look for new safe entry points.
I will still hold my TRX coins on my spot vallet. If fibo 0.618 will be broken, I will add my futures profit on my spot position. I will hodl until my target ( fibo 0.5 0.17543) reached in the daily chart.
If the price retests 0.15400-0.15806 level, I might consider open an new futures position.
Those are my strategies, not a financial advice.
Have a huge profitable days.
Update !! TRX/USDT is Retesting down-trendTRX is retesting downtrend which is broken 2 days ago. Everything is going natural. Still there is no close below EMA 21 and EMA8 is going above EMA21 ( green up triangle represents where EMA8 crossed up EMA21) , which means to be direction is still upward. Also 1h RSI is oversold.
A strong support area (red oval circle) has been formed, supported by:
EMA 34 (purple line)
10-days-long down trend
15-days-long up trend
Fibo-ext 0.236
I am still behind my goals in my previous analysis. You can check it from below if you miss it. I think the uptrend will continue in the near future.
If you agree or disagree, you can leave a comment :) . Have a huge profitable days.
(Not a financial advice)
TRX/USDT Bullish Pennant or Symmetric Triangle Breakout?TRX breakout the bullish Pennant or Symmetric Triangle in the 2h chart. Retest and confirmation is very important for new entries. I will target 0.382 fib extension level (0.14660) in the first stage. RSI supports the breakout.
Also price is still above the ascending triangle which I posted yesterday.
All parameters make me so bullish.
If you agree or disagree, please leave comments :) . Have a good day with huge profits.
Not a financial advice.