TRXBTC trade ideas
TRX AnalysisI got 3 signals and will definitely break out TRXBTC pair soon at the weekly timeframe. First is the falling wedge, second is the giant Bulling Divergence and lastly the MACD about to reverse. I'm targeting around 800 sats. But that will probably be more. This will happen very soon as Bicoin dominance dumps.
Tron (TRXBTC) – Coin of the WeekThis week’s coin is TRON. TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS — 24/7. TRON has positioned itself as an environment where content creators can connect with their audiences directly.
Technically, we are in a 4H consolidation right now and any dip below the price of 0,00000070 BTC we view it as a great investment opportunity. Other areas to watch is the resistance area at 0,00000130 BTC because if the price breaks it and consolidates there it means it should go higher and it has potential to go a lot.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
Few might think this is possibleTRX isnt the most favoreable coin out there, but it stil has potential.
Next week we are making a cross on the MACD indicator after a long consolidation period.
What could this potentially mean? A BREAKOUT out of our multi year bear period, with a huge target as destination.
Especially with the bitcoin dominance still failing, a full on '2017 like' alt season could be around the corner.
FYI: This scenario is possible, but I would personally not gamble on it. This is purely an idea to generate some hype in the TRX community.
TRX - Bullish CrossoverThis is a trade only for those with an appetite for high risk, high reward trades. The alt coin market has been shaky due to the major Bitcoin movement we have been experiencing since last week. Because of this reason I haven’t been trading much, just hedging into Bitcoin and my long term holds. That being said, TRX/BTC on the 4h is starting to form some really nice data. We are nearing a bullish crossover after 5 days of correction from its recent run. In addition we can see from the AO that selling momentum is slowing down and there are now more buys than sells. This is apparent by the 100 sat psychological support where there are HUGE bid supports (more than 5 BTC walls). I will be entering with a tight stop loss and two possible entries. I will split my play between these two entries incase the market dips more, which is very possible.
Entries: 102 sats (50%), 98 sats (50%)
Stop Loss: 95 sats (risk of 7% loss, 3-4% if you took both entries)
Targets: 110, 120, 135, 145 sats
TRX/BTC Scam Pump The Hardest Imagine dont have a bag from justin shitcoins , i expect fireworks when this breakout in coming days/weeks
TRX : For A 100% Profits BreakOutAccumulation Area : 110 sats - 115 sats
Targets :
126 sats
143 sats
160 sats
184 sats
214 sats
Longer : 399 sats
Stop Loss 92 sats
TRX - Breakout InboundVery risky trade scenario, but TRX/BTC has finally passed some longterm resistance and is shooting up. I am buying the breakout here @ 113 sats and setting targets at the retracement levels from the last run.
Entry: 113 sats
Targets: 139, 155, 168, 177, 200 sats
TRON Breaks Above EMA50, Massive Growth Now!TRON (TRXBTC) is now finally closing above EMA50 and can start to move higher.
We are seeing prices gaining some momentum towards the bulls with good indicators, the RSI is now above 65.
We can expect additional growth as shown by the green arrow as long as prices stay trading above 100 (0.00000100).
Thanks a lot for reading.
Namaste.
TRXBTC LONGTRX Bottomed out, has consolidated and been accumulating in the lower 90's region, looks set for constant growth with the possibility of parabolic growth based on the upper buy lines. Also lots of support from r/wallstreetbets as TRON has been a supporter of their cause. Keep an eye on this one
$TRX Due for a decisionTRON has been consolidating for sometime in an uptrend. Knowing Justin Sun he will have an ace up his sleeve for marketing.
I have been a long time follower of TRON and love what they have done. I am in investor and a trader of TRX and looking for a long oppurtunity here. It could go either way really as this is also a bear flag pattern.
Let me know your thoughts
$TRX, uptick above 100sats could enable a much bigger move...$TRX
I just feel that a little uptick above 100sats could enable a much bigger movement..
It may happen soon or not (bb bands are getting really tight) but make sure to set some alerts when it happens.
Expecting at least a 40% move back to '19 lows (~140 sats)
#TRX
