MY MINIMALIST CHART ANALYSIS FOR TRON
$TRX
12.04.21
0608H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT: Done with BEAR TRAP, and now must go back to recent support before the BIG PUSH UPWARDS.
LOOKING FOR THE BEST ENTRY to a SWING TRADE.
We are now looking at a NEW ENTRY POINT in which the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for the final accumulation and distribution and then the COILING of THE MARKET.
The previous SWING ended pretty well with amazing profitability.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Tronusd
Don't miss it ... Tron about a huge pump
since 15 august till now 15 November, we can see Tron is struggling to break out n close above 12 cents.
after the dip in the market we can see clearly that Tron has slowed up, I think perfect time to have some right now.
I think a break out is coming we didn't get a complete rejection till now.
prices still above EMA 50 , EMA 100
Maybe u think u should buy on green box, but it is hard to fell there again as price is respecting the EMAs well.
✅ buy: 0.10 - 0.115✅
🎯TARGETS:
1- 0.1300
2- 0.1470
3- 0.1620
4- 0.1850
5- 0.2220 (worth wait)
6- 0.2600 (worth wait)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily close below 0.0760
Tron rabbit digital currency on turtle skin TRX
For TRON digital currency, the heart rate ceiling is not far from the mind. Why?
Because the volume is greatly increasing
It is the most backward digital currency
It is breaking the trend line
And Ichimoku Chico Span moves on the camouflage cloud and waits for the camouflage to break
And another beautiful reason that you will see on my chart
trx/usdt : What's next ?Hi friends .
as we see in the chart tron broke the daily trendline and retest it .
the 50 / 14 ema show the strength of bulls . for confirmation we need 4h candle close above 0.12$ to entry long .
☺☺
our target will be 0.15$ . after the breakout .
please support me with like and follow me for more ideas . ☺☺
TRX watch for a 50% moveTRX is in a nice consolidation pattern where MM100 daily slope is turning bullish and also provide support to prices.
MACD Daily and Weekly is green and the H4 is turning bullish, this situation could give momentum to TRX and i wouldn't be surprise to seem a more volatile increase in the coming days.
1st target would be above the 15ct area, if this is break then we would look at higher time frame in direction to ATH.
As long as the MM100 is not broken this scenario will remain and i would be looking a going long within this range.
Crypto Explainer - What is TRON (TRX)?Despite being in the shadows for a while now, TRON is a very interesting project that aims to decentralize entertainment applications. From file sharing all the way to gaming, this is definitely an interesting project.
TRX, the native coin in the TRON blockchain made big jumps lately and is eyeing its previous all-time high.
Will TRON breakthrough and prove to be better than Ethereum?
Cheers, from CryptoTicker
JST/USD: #JUST is committed to developing #TRON-based DeFi protoJUST price today is $0.061602569005 with a 24-hour trading volume of $31,577,522. JST price is up 1.8% in the last 24 hours. It has a circulating supply of 1.4 Billion JST coins and a total supply of 9.9 Billion. If you are looking to buy or sell JUST, Upbit is currently the most active exchange.
JUST is a smart contract-powered decentralized lending ecosystem on the TRON network. Acting as a decentralized stablecoin system, it has introduced the first decentralized stablecoin, USDJ, on the TRON network. Pegged at 1:1 with USD, USDJ is issued by collateralizing sufficient TRX on JUST, while the other token JST is used for decentralized governance and paying stability fees.
TRX 12h How much more to grow The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :)
Since then, the price of TRXUSD has managed to fall by -65%:
The TRXUSD price has been rising almost uncorrected for the past two months and has almost worked off all of its losses.
The TRXUSDT price has been trading in a 20% corridor of $0.10-0.12 for the last few days and most likely, buyers are preparing for another upward momentum.
To confirm their strength, buyers should at least keep the TRX price upper $0.10 for the next few days and at most hold above $0.12.
We assume that the growth retardation can start in the range of $0.13-0.144 , in this zone fully compensates for the May fall. Deceleration in this area may be provoked by the fact that traders, who had been in a drawdown for 5 months, will want to fix position at break-even and forget about this negative experience.
If the area of $0.130-0.144 will not have critically large trading volumes, it will be a signal that the sell-off time has not come yet , and the growth itself may continue at low volumes, as it has been doing for the last months.
Targets for a move higher are shown on the chart — $0.155 and $0.169
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