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TRON / Bitcoin

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TRXBTC trade ideas

Tron overvaluedHello, tron is one of the few coins which are still up in btc terms and i think if btc breaks down soon it should be one of the worst performers. TRX is trading still relatively high (compared to other alts) because of the USDD (Luna/UST copy) mechanism which burns Tron. And we all know how that went. Im short with a small ammount on Trx as i think it will go down most % from here in comparison to other alts. Generaly i believe we will see 10-14k Btc/Usd (or worse) in this bearmarket. Do your own research and only invest money you can afford to loose in crypto.
Editors' picks
Short
by Symbio_X
28
Tron TRXBTC - HUGE Breakout! Channel + 200MA + Elliott Wave!- Tron is currently one of the strongest altcoin on the crypto market! - On the weekly chart we can spot a descending channel , that has been destroyed by the bulls. - Also we can see a broken ymmetrical triangle, which is definitely a great sign too! - 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the level! - We are currently in the Impulse Wave (1-2-3-4-5), so it is the best time to buy right now. - Next resistance is the previous all time high from 2018. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
1
Quickpost: Comparing Inverse head & shoulders on TRXBTC & ETHBCPretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD. The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have entered a small position on TRXUSD but once I see it get above its current resistance I will begin adding to it pretty aggressively in the early stages of the move. Once we get above that resistance I will have a 23 risk reward ratio and I will be putting on some margin.
Long
by This_Guhy
1
Tron | Will It Stop Or Keep Going?It will keep on going but, let's read... Tron is ultra bullish vs Bitcoin (TRXBTC)... This is a preview of what the Altcoins market has in store for us. First, TRXBTC has been growing since 2019 with higher highs and higher low. I mentioned many times back in 2019 and 2020 that the Altcoins market (ALTSBTC) was set to grow long-term, for many years... This has now come true but things are only getting started. Today TRXBTC breaks the May 2021 resistance/peak price, also great news. This confirms we are in new highs territory and the entire market is intertwined; Remember, what one does, the rest follows. Many coins will not move but we pick the ones that do of course, we can spot it in the charts based on tons of experience. Bullish indicators, etc. After May's 2021 peak price we have August 2020, that's the next target at around 465 satoshis or 0.00000465. If this level is taken out, which is pretty likely, then we will see the 2019 peak price at 860 satoshis challenged. I hope it grows even more. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
11
TRX - more bullish evidence !I have never been a great believer in this project ! Perhaps because of ignorance ... What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!! The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole ! That is why I stubbornely refuse to give in to the bearish narrative around crypto currencies ! Numerous projects have a bullish setup and are about to break out agains bitcoin after having been in a bear market for years !!! Please prove me wrong !!
Long
by Dangermousebanana
2
TRX / BTC Main trend. Linear graph. Trend reversal zonesI specially made a line chart in order to more clearly show the long-term trend itself without the "market noise" that a candlestick chart gives. The idea is to understand where the price is now locally and where the trend is, as well as to visualize the potential for price growth in case of a breakout of the main trend line (red). As you can see, the price is now trapped in accumulation with a 44% step. The secondary trend line is already broken and behind. As soon as the price overcomes the zone of the main trend line, there will be a "burst of price growth". While there is an opportunity, accumulate this cryptocurrency. Also, you should pay attention to the effectiveness of the use of this blockchain now, the speed and cheapness of transactions.
by SpartaBTC
13
TRXBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price is fluctuating below the first resistance line which has rejected the price several times. We expect this line to be broken and if so, it will move up to the first resistance zone. After hitting the second resistance, it can form an inverse H&S pattern. If the first resistance is not broken, it will move down to the first support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
TRXBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is the support area S1 which has supported the price several times. We have 3 areas: R1, R2, and R3. The price can move up to R1 and you can save profit there. If R1 and R2 are broken, the price can move up to R3 and you can sell your profit there too. You had better sell it at the R1 line because it is likely for the price to hit the R1 line and then fall. If S1 is broken, it will see lower prices. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
8