Respect the trend.TRX certainly does. TRX broke another major trendline and bounced right off support. Again, watching price action, this isnt a major rejection and Im looking at a wedge formation for the day, as TRX bounces around inside
TRXETH trade ideas
Critical day on TRXPossible head and shoulders against resistance and a strong trendline. With recent price action, Im still bullish on TRX and I wouldnt doubt a break in both and a second leg to test of the next trend.
TRX / ETH — Exit StrategyWhere do I exit?
0.00129000
– 60% sold - Take some profit off of this one at the purple line. Price increased 20% in a week. How much higher can it go?
– 0.000132
Remaining 40% sold - there was a lot of selling at that price before. If it goes up there, expect major resistance. Leaving some of the TRX position with a limit at 0.000132.
(TRON) Divergences on Daily and 4H (TRXETH)Divergences on Daily (negative) and 4H (positive). Hard battle on sup/res lines as well.
TRXETH LONG LONGHello
Buy it now and thank me later.
Just 2 cent's from Fab1j0
PS: Just my anaylsis and not trading advice!
MOONSHOT ENGAGED FOR MAIN NET MAY 31!!We may go way past wave 5 especially already starting to bounce and considering main net is 2 weeks.. so we may have a new all time high!!
Tron Rally or Dip?Tron looks strong in continuing it's rally, depending on btc's lead.
Looking bullish while looking bearish at the same time. Buyer sentiment is not apparent and a failure at .00012000 may give a H&S pattern and a short opportunity to retest the break out at .0006000.
A double bottom at .00012000 would give us reason to look for long entry to target .00016000 or more.
A rally in btc to retest 10k should give buyers the urge to keep buying Tron, if it holds. So watch Grand Father BTC closely. Failing to break 9k could mean we are headed towards
7k. Buyers on sitting on the fence this week awaiting the outcome of the consensus.
TRX/ETH WAVE 5 BEGINNING!!! Load your bags!! This is the last time you'll ever see Tron this low again!
Don't miss the great hunting opportunity of TRXETHTechnical analysis:
TRON/ETHEREUM s in a range bound and beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 45.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.000090 to 0.000076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000090 )
Ending of entry zone (0.000076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000104
TP2= @ 0.000145
TP3= @ 0.000319
TP4= Free
TRX/ETH time to load upTRX got some rest after it's prev run up and retraced to the golden ratio. (see my prev idea on TRX)
It made a double bottom on the golden ratio and with this made bullish divergence on the RSI.
Maybe it will chack the top of the golden ratio one more time to reset the Stoch rsi. and then it's go time .
I would take profits little by little on the targets and check the retracement of wave 4 for another buy in .
i'll update this on the way .
guys , i'm no master of charts , professor , ta god ... i'm just a stoner with some free time.
It's definitely no financial advise just the way i see things. :D
Trx/ETH Buy positionNot to beat a dead horse on this coin/chart, but I've been using it for purpose of putting to use some things i've been learning and I'll try to pass on.
As you can see, there is perfect symmetry on this chart on the two swings. Symmetry swings are good to use 1.0 fib projections for support or resistance. I'm showing the 1.0 projection from the 3points(with arrows ),and as you can see, trx/eth has touched it several times. Looks like a good buy position and should go up from here.
TRX momentum is upTRX has been getting hammered by ETH all week, but I'm starting to see signs of life. I'ts the second day in a row that TRX signaled convergent price and rsi momentum, which is unique among altcoins in the last few days. My confidence level on this short-term trade is only about 75%, but momentum looks pretty good.
How you can trade Tron for next hoursWe have 15232 for first target
if we break 13872 we can buy around 12850
It's very clear deal for next 24h
Patagucci For Everyone!TRXETH is starting to show a very similar pattern. Taking a long position for the summer to then return to work in a decked out patagucci uniform.
TRX pullbackIt seems like we need a little pullback. If you still didn't take any profit, now it's good time to do so. After price will reach 0.00010-0.00011 level, we can discuss new entry points.
TRX/ETH Symmetry Perfect Symmetry on TRX/ETH. If all is correct, It should continue to retract to .618 and then continue move up.
TRXETH TRXETH Moving to Mark Up phase
PTN Buy
Price Above EMA 120 adjust Long position
EP 0.00011114
TP 0.00018621
SL 0.00008384
TRX/ETH ATH comingPlaying out perfectly as I drew up about a month ago. All time highs coming, Moon bound!
TRON AB=CD reversalJust messing around with this chart I found a clear AB=CD pattern on Tron once it hits the 1.618 extension. I believe this means a retract should be in order for a few days.
Thoughts or comments welcome.
TRX/ETH how far will it retrace?for me my previous target got reached, made 19% see my previous analysis if you are interested.
Now i think will follow a steep but short retracement since our wave 2 was a long but deep correction.
I would love to see it hold the top of the cup and use it as support before i would think about going long again.
that region is also close to the 382 fib level.
otherwise i'll wait for the other key fib levels and buy on confirmation.
always keep a close eye on bitcoin too when trading alt's
Btw guys , i'm no master of charts , professor , ta god ... i'm just a stoner with some free time.
It's definitely no financial advise just the way i see things. :D
