TRXBTC trade ideas
TRON (TRX) Is Also Ready To Reverse... See Inside!Even though it might not look like so, TRXBTC is also getting ready to grow.
When you look at the MACD, chart below, you can notice a strong bullish cross.
After such a strong/steep drop, it is normal to see a bounce... And the RSI already hit oversold.
It is only a matter of time before TRON awakens and starts a new bullish wave.
Note: The charts are always changing, so make sure to set a stop-loss if you decide to trade. Also a target price for when to sell.
Namaste.
TRX / BTC last defend area for bullsTRX /BTC
🌟 Technical Analysis 🌟
Trx after gains alot of profit last August
The Price keep losing momentum and loss support after support
Now trx is at last weekly support level
135-153 sats
This is last defend area for trx because next potential area for support will be very deep if that broken (30 sat lol 😳)
If the bulls successed to save this area ...we can see retest of strong trendline resistance since 2018
But we still cant buy now
Buy blindly at support not always give a successful trades
must see any bullish signs before buying
Good luck and happy trading 🌹
trxbtc looks to be bottomed, and look for bch, chainlinktrx bottomed in my opinion, nice time to load up, bch, chainlink, xrp a;l look good to out perform, btc now and start bull runs, prob a whole host of pother alts to
Looking at momentum indicators it would suggest we are about to swing, so fpr me i am loading up trxbtc here for long term trade
Also BCH is going to kill it in my opinion, xrp, and chainlionk all great...prob a load of others but i havent had time to look at properly BINANCE:TRXBTC
tron volume gap to 2 digitstron looking like it could juts neck further from where it currently is.
monthly price fell hard rejection from that last pump as whales off loaded onto buyers.
price has since fallen below resistance and POC
if it cannot reclaim support on this monthly OB and POC then there is an empty volume gap all the way down to when it was first traded
note: usually posts like this signal the bottom is in ;-)
Expecting Sideway For TRON (TRX/BTC)Downtrend still continues for TRON.
Bollinger Band clearly confirms it.
For the next couple of days (maybe weeks),
I expect to see some sideway movement between 160-210 sats.
In any circumstances, 150 sats is its last support level.
Trade carefully in these days.
What do you think? Any comment? 👇👇👇
I guess we are at the bottomas you see we are deep down
It falls on the upper vertex and I guess it's time to show the next path!
I agree that it's not a good triangle but let see what will happen
we aren't lower than this except 6 month ago that we came back from 154!
the purple line is price that touched once about a year ago and after some days price didn't fall even lower than the green line
I hope we didn't go dipper but if we go I consider that as a strong support that shouldn't break!
btw just take a look at RSI!
or it's just a sign for lower price!
who knows!
TRX/BTC ..back to accumulation again ?Trx/btc recently lost support around 200sat and closed daily below
Also btc dominance is still high
And looks like the downtrend not ended yet
The other area of concern will be at the previous accumulation zone between 175-168 sat
Not abuy signal ...we need a strength or bullish green candel and buy on retest
TRX BULLISH (#TRX $TRX)Tron TRX:BTC might just have one of the most bullish setups of all Altcoins.
We're not hearing that much about Tron anymore. It's ready for a surprice.
From a TA perspective I would expect a massive spring between november 5th and 20th, that should send the coin towards 2-3x against #Bitcoin.
Reasons:
1) August 13th TRX broke out of that yellow channel and is now looking to retest it.
2) August 31th TRX broke out the a MASSIVE descending triangle / resistance (teal line)*** and is now lokking to retest it.
3) Bottom Double Stochastic Oscillator 3D.
4) Bottom Double Stochastic Oscillator 1D.
5) Oversold RSI 1D.
***) Formed using a Ray connecting wick from april 30th ´18 and close from januar 28th ´19.
#DYOR
TRX/BTC (Another Bear Flag?)💎Technical Analysis Summary💎
BINANCE: TRXBTC
-After the Bearish downtrend last Oct 15
-The price keeps falling and unable to sustain any support
-Currently, TRX is confirming another Bear flag
-And the potential downside target is around 180s sat
-Wait for any Bullish reaction before looking for a buy trade
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TRX - Retesting Support and Ready for Swing?TRXBTC Is looking like it's in a good position for a swing upward. Could be decently sized as it's been retesting it's resistance lately.
First thing is the Doji candles. These are candles where the wick is decently long in both directions but the body is pretty much non existent. These represent price uncertainty; it goes down and come back up, then goes up and comes back down. Before the last little pumps, and before past big pumps, we see Dojis often printed.
Indicators are interesting.
MACD has been showing a shrinking bear divergence the last little while, it's trying to cross up.
STOCH in oversold territory by a mile. Lots of room the go up if it wants.
Volume Increasing volume on the pumps recently, then decreasing sell volumes. Points to bullish bias.
OVERALL
I think there's a good chance TRX will retest the upper resistance marked with the orange line. Either get in now with a tight SL below previous low and catch a ride up to the resistance to see if it busts through, or wait to see what it does on the resistance retest and grab it on a breakout. TRX tends to keep moving once it starts moving, so waiting for a breakout is never a bad idea; but it all depends on your personal taste for risk.
Dotted lines are TP's for buying in now, dashed lines are TP's on the breakout.
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TRX trading ideaHello, traders.
After a strong uptrend movement, the price went on a correction and could be forming another accumulation pattern called bearish rectangle
A great place to buy TRX is on the next important support level in case this asset reaches the next important support level around 200 sats
Best regards.