Dont get trapped in these bounces, the alts are more clear in the count than the complicated BTC but they reveal what the likely outcome is. One more leg down!
Looking at TRX on the 1 Day chart, it looks primed for a break out, mini-bull run. Here's what I'll be watching out for during this trade: ENTRY: 305 - 350 satoshis MY ENTRY: 310 satoshis (Full Disclosure) STOP LOSS: 310 satoshis BREAK-OUT ZONE: 365 - 380 satoshis Tron must break the red square resistance zone to confirm a new trajectory towards the...
Tron broke out of the falling wedge. Watch the 1D candle to close above the falling wedge (for confirmation). Bullish times ahead?
Reminder: THIS IS NOT AN INVESTMENT ADVICE This is my own trading plan i'm about to execute. Peace
BINANCE:TRXBTC THIS IS NOT AN INVESTMENT RECOMMENDATION, TRADE YOUR OWN RISK Please like if you find it helpful. Everything is written on the chart. I'm new here, but not for TRX. Best Wishes
Tron has always been one of my favourite coins to trade due to its very easy to predict movement. Currently I believe Tron will have a drop as it hit the white trendline. However, due to the fact that we have quickly pushed back up after the retest means Tron is still pretty bullish, so this could be the breakout we have been waiting for since 3 months ago. I...
Hopefully we can break the the Resistance Line. Red Rectangular the the sell zone if it does happen.
Like all the other altcoins, TRX has had a nice bounce from its lows. If you managed to catch it around that area, congratulations. I did pick up some TRX at 303 and will likely sell at 355. I am still bearish. This is because BTC is currently in a short term bullish reversal and it is likely we drop down again. I believe the 7.1-4k area is the maximum BTC can...
TRON is currently trapped within a parallel channel as the price continues to bounce between channel's support and resistance trend lines. By doing so, the price action has penetrated through both the 78.6% Fibonacci support and horizontal support around 0.00000315. The same level held support a couple months ago, which then launched the coin to new highs. As the...
Tron has been on a huge downtrend with no sign of reversal still. This leads me to believe the drop is still not over and we have some more dropping inbound. The bullish divergence on Tron has long been invalidated. Currently 260 - 200 could be the bounce zone, but I think if BTC goes below 5.8k we might see under 200 sats per Tron. Therefore, if you have Tron,...
In our last TRX update we said that the next good buying opportunity could be between 354 and 335 but since then we changed it to 315 because of the lack of confluence between horizontal and diagonal support. Unfortunately the market completely ignored this level and it fell right thru it. Even without looking at ADX we can see a clear acceleration of the...
Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence. If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for...
Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence. If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for...
Hi everyone :) It's been a while since I traded TRON now last time, and I see again now the possibility of a long trade, this time I take a position with 20x leverange. What I see is that TRON now moves to take a breakout of the falling wegde hopefully, and that's something it must do now as it's soon finished the wegde I therefore believe in a long position...
Approaching strong buy zone, I am bullish on tron for the long term. get in now if you are looking for a long term trade. If altcoin's blow up, tron will be blowing up more than the average. this is because the founder of tron knows how to generate attention.
Last time we talked about TRX we were expecting it to bounce from 400 but it bounced from 409 and it got rejected again by the 25 Day MA. Because we already bounced from ~ 400 we can not buy at 400 with the same confidence but we will buy between 354-335.
Tron is at a key level and traders are monitoring whether the price will close above or below. Outlook is looking bearish overall. Read full analysis here: blokt.com
LOL. Just wanted to post this crazy looking chart. Will Post another Idea with ideas for possible longs. Risk will be pretty assymetric as price is very much at the bottom