TRXBULLUSD trade ideas
Possible near future for TRX?If it stays in the green ellipse after exiting the home planet, it would be nice to see. If it pierces it on the downside, I’m not sure yet where it drops to.
stay on position until stop loss activeI close 50% of my position at my TP
sl1 -->> close 25 %
sl final -->> close all position
TRX\XRP - Tron VS Ripple - Piecing Together Some CluesThis is video 12 in this series.
In this video I go through the TRX\XRP pair which I recently discovered to see how these markets affect each other.
I am not 100% sure why these inverse correlations exist but I believe it opens the door to other inverse correlations that exist between certain Cryptos.
This pair adds further credence to the views I have on these two Cryptos but we need to see more evidence.
The best indicator is price action so once again I go over these waves.
There is also a wave revision on TRX so this may start getting interesting.
Check out other ideas from this series linked down below in related items.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
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TRX/USD 1D Chart. LongTRX has broken the median of the channel. Target upper trend line around $0.10. Also bullish MACD cross on daily.
Disclaimer: I am not a professional trade at your own risk. I'm simply sharing my thoughts on my trades.
trxusdt And Trxprepetual Huge profiT afril holding Do your own techical analysis not a financial advice
TRX/USDT descending wedge in check!Waiting for a break out of the wedge. I suspect we will see a strong move upwards.
Moving average and MACD looks solid for a move up as we build the foundation at current levels.
This is not financial advice.
TRX Enters Consolidation, Where Will The Bulls Defend Support?There is no doubt, TRX has surprised even its biggest believers this last week, with an impressive breakout above the .05 cent resistance to peak in the last 24 hours at nearly .15!
No markets continue in a straight line forever, and the consolidation (or pullback) for TRX seems to have begun. The only two questions that remain are where will the bulls find their support, and will that support continue a trend higher?
From a larger timeframe the old .05-.06 resistance is a logical new support, but that is pretty far off right now, and there are more aggressive technical levels to now consider.
The chart shared shows a potential 15min supportive fib, and the trendlines that the market is testing.
.10 cents extension 50% fib aligns with March highs and the bull flag that took us into April.
Tron (TRX) - April 7Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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You should watch for any movement that deviates from the 0.12036764-0.13435448 section.
If it falls, you need to make sure you get support in the 0.11337422-0.12036764 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If you go down at 0.09239396, you need a short Stop Loss.
If it falls from the 0.06442028 point, a Stop Loss is required to preserve profit and loss.
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(TRXBTC 1D chart)
181 Satoshi-234 Satoshi We have to watch for any movement that deviates from the point.
In particular, we have to see if we can gain support and ascend at the 209 Satoshi point.
If you fall at the 154 Satoshi point, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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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 the sake of 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.
Therefore, 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 and 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: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
trxusd goes down and then pull backtrxusd pumped and now is making it's funda and it'll goes up to 0.14 and upper
buy lower TRX-USD IDEAHead and shoulder pattern
GAP that NEEDS to be FILLED.
always do your own research
TRXUSD Long Swing Idea Thesis:
- TRXUSD has had a nice period of consolidation and continuing uptrend on the daily chart.
- It is getting a bit overextended from its daily trend averages on the daily at this point, per the breakout from the last two days which exceeds two average true range periods on the daily.
- I'm long on the breakout across the four hour and one hour timeframes.
- Looking to add on dips as the trend averages catch up on the daily.
- This is a multi-day swing trade, possibly a few weeks if the trend holds.
