TRXUSD.P trade ideas
TRX LongTron has been in a long bullish phase for about a week. It just broke the trend line and the confirmation candle lets us know it is time to long.
Please do not make a decision based on this analysis, do your own DD
trxusd long positionA perfect, low-risk investment position- TRXUSD
According to the above analysis, TRON has started a strong long-term move in five waves (it can change to the double zigzag too).
We expect that with the end of Wave 2, the big pump in the form of Wave 3 will start soon. The following targets are available for TRXUSD:
tp1= 0.08 - 0.1 $
tp2= 0.18 - 0.22 $
do not forget about SL
if any changes, i'll update the chart.
good luck
Strong Bullish on TRON (TRX) with Cup and Handle Pattern As We see in Weekly Chart, there is a Cup and Handle Pattern..
And Also has Breakout di trendLine, I Expect TRX Will Continue Rally .. and can Break out the Last All Time High..
Crypto Tron TRXUSDTView on Crypto Tron TRXUSDT (3 Feb 2021)
Tron is the most useable ultility token in the crypto space ETH.
It is fast and it is secure.
The future of it shall be bright too.
It should go back up 0.04 region and 0.0455 shall be the next too.
Let's see.
DYODD, all the best and read the disclaimer too.
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TRXUSDT (TRON) - WEEKLY ANALYSIS ANALYSIS 🔎
- TRXUSDT is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- A bullish one to be precise.
- TRON could be on the verge of an uptrend.
BUY ENTRY ⬆️
- Aggressive (risky): current market price (now).
- Conservative: breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance level R1.
- Horizontal resistance level R2.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal support level (S1).
TRX will follow with a pump and a smaller dumpLooking back in time, with the use of fibs we see TRX pumping and then retracing. i expect the same to happen soon in 1 or 2 weeks. i'm not interested in TRX it self but the potential gains.
Like to hear from you guys and how i can improve!
10x POTENTIAL IN THIS ALTCOINI only have a couple of Altcoins I am interested in right now and that is ANT and TRX. TRX is performing and conforming perfectly right now. It appears as though we are about to breakout quite signifcantly. Stay tuned to Trade Ninja :)
TRXUSDT showing a Double H&S?Looks like there's a Head and shoulders forming within a H&S which could break support at 0.034. looks like 0.03220 is the daily Fib .618 and a good support to short to.
TRXUSD: Inverted H&S is seen?Also, please check another idea I have posted a while ago.
Not a financial advice.
TRON - ROCKET READY?Let me know your thoughts!
TRON was one of the best-performing coins of 2017 and has since dropped a considerable amount since then -
Currently, TRX has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If TRX can break above a strong resistance zone between $0.033 and $0.040 we could potentially see quite a large increase.
short term target
$0.055
long term target
$0.10
stop-loss
$0.027
''Buy Big Sell BIGGER'' - MegaWhale
TRX Ascending Triangle Breakout (VERY BULLISH)After about a week of setting higher highs and lower lows, TRX spiraled downwards and outside of its ascending triangle (-8%) creating some neutral sentiment which took nearly 24 hours to battle and bring back into its triangle formation.
Today, TRX teased the .3489 resistance level for a few hours and just recently passed it up. We will likely deal with some resistance in the .0368 - .0392 ranges from previous past historical resistance but wouldn't be a surprise if we fly right passed it as done on Jan. 29 with the whole Alt market going berserk.
Reasons to be bullish on TRX:
TRX ATH = .3004 leaving current market price 1200% away from ATH
TRX is only up about 300% from the massive covid market crash. I know 300% sounds like it's a lot, but compare that to ETH and BTC who are up over 1500% and the many other coins up 500%+ on avg.
TRX TRON Dookie ChartYeah Ummmmmm not much to say. Really you just load this if you have couch cushion cash... then you sit... very patiently... as you get older.... and maybe one day... just maybe
She will wake up!
TRXperp looking breakoutyBuilding in to a nice ascending triangle against a daily support line. Current 4hr candle looks bullish and leadup candles are looking bullish with small wicks up top. Targets are taken from a previous pump and not shown but they are based on closes of 4hr candles.
TRXUSD: Will Tron Make it up any time soon?As per S&R Clusters for the time being TRX is trapped under a very strong Resistance Cluster in between $0.025 - 0.032 for about 189 days. As a result:
1st Target DOWN would be: $0.025
2nd on can be : in between $ 0.013 - 0.016
So, the ideal entry would be the second Support Cluster for the weeks to come.
Also, Weekly RSI (2) shows negative divergence which is not OK!
Let me know what is your idea?
Not a financial advice. For learning purposes only.
