$TRX #AVWAP 4 Hour ChartRHRN, the AVWAP on this 4 hour chart could act as support. If we hold here, this could be a an entry on a shorter timeframe. If not, look for price to drop; this AVWAP line should then act as some resistance.
TRXUSD.P trade ideas
bull flag on TRX. trendline validation. TRX is about to impulse out of bull flag and trend line. tell me what you think. keeping it simple with this one.
Tron- back under 0.1?Tron gained about 250% in just 6 trading days and, after an initial correction to 0.1, has recovered about 50% of the drop.
In my opinion, a new leg down will follow from this point and we can see the price under 0.1 soon.
On the other hand, if the price manages to rise above 0.13 again this scenario is invalidated
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.
