TRXETH: Potential Partial Decline of an Accumulation RangeTron's Ethereum trading pair has been trading at lows within the bounds of this range since near the end of 2020, and now as price approaches the end of 2023, We can see that it is attempting a Partial Decline, which can only be considered a confirmed Partial Decline once and if price hits the top of the range again from here rather than first making a full retrace to the bottom. The addition of a Partial Decline would then bring the Bullish breakout chance all the way up to 80%.
If it breaks out I'd suspect that it would go for the 61.8% Retrace first then jump to the 088.6% Retrace second.
TRXETH trade ideas
#TRXETH - The Time has come.. Move!#TRON is fast approaching the end of this symmetrical wedge it's been trading in for a little while now. It's just about time to move!
Assuming a breakout of this triangle formation we've got a potential move on the upside of around 15%, or downward by around 6% to relevant levels of support and/or resistance.
What do you think?
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TRXETH Breaking Out, Heading to All Time Highs?TRXETH looks ready to follow through with this breakout that happened a few months ago. TRX has been outperforming during crypto market downturns this year so this will probably coincide with lower prices against USD for most cryptos. ETH will probably go under June lows while TRX remains relatively stable or possibly even goes up against USD. Long TRX/Short ETH is the best way to play this. River theory indicating TRXETH should get a big move up very soon. When ETH bottoms close the short end of the trade and stay long TRX.
I suspect that this move following the breakout will be at least 161.8% of the first move up which will put TRXETH right around the previous all time high.
Clear1-Chart broke the channel and leave him
2-Chart broke the Moving average 200
3-ETH.D dumped too much for pumping BTC.D
4-TRX.D has a pump with BTCÐ
If you look trxbtc chart you will see trx will going up to 3500 Satoshi or 4000 Satoshi after that we will see a big dump I think this dump will doing on the 2 or 3 days later
Enjoy
TRX/ETH Bullish pennant breakout back testTRX breaking out from bullish pennant on ETH pair, testing back the breakout level
TRXETH/4HRYOU CAN SEE BULLISH RECTANGLE PATTERN ON THE CHART PLUS OUR PROFITS AND Fibonacci Extension zones.
YOU CAN TAKE BUY LIMIT ORDER ON SUPPORT LINE OR TAKE SELL LIMIT ON TP ZONES OR WAITING FOR POSSIBLE LONG ENTRY AFTER BREAKOUT ABOVE OF RECTANGLE!
Trondicator Fires a BTC/USD SHORT What is the Trondicator?
The Trondicator works on the weekly TRX/ETH chart, and signals when to Buy or Sell Bitcoin as well as well as signalling the best accumulation zones.
How does the Trondicator work?
Trondicator signals are uniquely identifiable by green long tail candles and red long tail candles.
This is when the candle wick equal to or greater than the size of the candle body itself on a larger than average candle.
Green Longtail Signals
When the Trondicator fires a large green candle disproportionate to its recent trading activity it means sell all your Bitcoin. This first occurred in January 2018 at the beginning of the bear market.
You must now wait for the next signal, which is also a large green candle that with a wick equal to or greater than the candle body. This second signal sells you that it is safe to re-enter your BTC position and begin to reaccumulate. This was signalled in January 2019.
Red Longtail Signals
When the Red Long tail appears, this signals to Bitcoin buyers that the best accumulation zone has past, and that Bitcoin will now begin to rise again, until of course you see the next Green Long Tail. The Long Redtail can be seen in Feb 2019 signalling the bottom for Bitcoin.
Please note, you are looking for roughly a 50/50 ratio of candle body to wick, tiny candles with large wicks do not account, and make sure you are aware of the current state of the Trondicator, you not want to sell during the accumulation, so always check the history of TRX on the weekly chart, this is why you must use the TRX/ETH weekly chart.
August 30th 2020 we are now seeing another Green Longtail, this is the Trondicator telling us it is time to dump all your Bitcoin and wait for the next Green Longtail to re-enter the market.
It is important to realise that whilst Bitcoin trends down, the TRX/ETH value goes up, and whilst Bitcoin goes up, TRX/ETH goes down. Don’t let this fool you in to thinking TRX is a good investment, DYOR and make your own decisions.
Justin Sun was once quoted on a video captured by Peter McCormack saying “Buy my s***coin”
You do not need to buy his s-coin but if you like this indicator, please support our project by buying our coin $CATX, as you’ll be hearing more about this over the coming months.
Thanks for your attention, now please disregard everything you have read
TRX-Breakout AlertBITFINEX:TRXUSD breakout alert.
See more at www.fibmarketwatch.com
will update.
-AB
TRX/ETH TA Update (0.618 Fib Support Target?)TRX/ETH
TRX broke immediate support area 9880 and failed to get above daily EMAs.
I'm looking for the next support at 0.618 Fib levels before we could see a pump to the upside.
DON'T FORGET TRON! THE ALTS COULD BE BACK!Important things could be happening in cryptosphere in the next few months. I think TRON (TRX) may be in a position to bounce north.
ALTCOINS could be back!
Of course it can always bounce south. Those who can't stand losses should not be doing trading.
TRXETH FLAMATron şu anda USD bazında tam direnç bölgesinde. Eğer kırar ve kalıcı olursa bu diğer paritelere de yansır. TRX yatırımcıları bu flamayı takip etsin. Yukarı yönlü kırılım olduğunda alım yapacağım.
Bol kazançlar...
Buy TRXETH at 0.00011616 on Binance.DISCLAIMER :- This is not a financial advice.
Buy TRXETH at 0.00011616,
Place stop loss at 0.00010975
and take profit at 0.00012896
or at whichever price you like. :)
Remember, always risk 1% of your capital.
If you have any questions/doubts, feel free to comment below.
Happy Trading. :)
One of the possibility's in near term! If Wyckoff playing it should look something like this!
www.dropbox.com
