we are moving in falling verge since the 2018 year. To my mind, now we are in finishing faze before huge #bullrun.
Price actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone. Lets have a look on the TRX priceline's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and...
We are currently retesting after breaking out of a descending triangle. If we can hold this 200 support area then i expect to push towards the upside.
TRX - Tron had a falling wedge break out yesterday. Price is currently testing 200DMA as resistance. Expecting a 20% rise once price break above 200DMA. TRON can pump nicely in the next few days. Trade Signal: Entries: 0.00000185-195 Exit: 0.00000225-240 STOP: 0.00000175
TRX/BTC TRX finally broke bullish of this descending channel and manages to get above the 50D MA. Our immediate support area is between 192 - 186 sats or the 0.5 Fib. We can see two bullish green volume below indicates this uptrend has genuine bullish momentum.
TRX/BTC TRX is testing the downward trend-line again and if TRON fails to get above it. I can see a minor pullback to 180 sats area to form a potential Higher Low. And if that Higher Low holds, chances of breaking bullish of this descending channel is likely to happen. The RSI is also giving a bullish divergence, keep in mind the price is trading just above key...
TRX/BTC TRX broke support at 180 sats area, this rejection from descending channel will send TRON down to 167-160 sats if no follow-through from the bulls to bring the price up. There is a potential for the RSI to hit oversold levels again before a pullback to happen. A retest of the bottom channel of this pattern will give traders a chance to open Long...
Tron Now Looking Neutral and Current Price of TRXBTC is 185 Satoshi . And price sustain same price around 15 days. and There are two scenarios 1st if one spike occurs then 193-199 Satoshi is my best Entry For Short. And also Shorting TRXBTC at this Current Price and if spike then I will average my Short. and My Target will be 167 Satoshi. If You are Waiting for...
TRX/BTC TRX is holding a critical support area or the golden Fib level. This key support between 183 - 177 sats are the most level to defend by the Bulls to keep things alive. The price is still respecting this downward bullish pattern which typically breaks to the upside. An early sign of bear weakness is unable to bring the price to lower low since the minor...
Looking for two possible bullish scenarios on TRX. Invalidation of the idea would be below 178-177 sats.
TRX/BTC TRON is on down-trend action inside this falling wedge channel. A reaction pump after TRX hit the golden Fib 0.618 at 178 sats. The price is about to retest the downward resistance which is located between 190 - 195 sats area. If TRON is unable to break the resistance again, A potential retest of previous support or a double bottom scenario might...
TRX/BTC TRON is still trapped inside this downward channel and holding the 100 Day MA as support. This long deep pullback will be tested within a week once the price consolidates near the end of the pattern. Will TRON break bullish or bearish? I am not going to enter a trade here, I would rather wait for a breakout to reduce the risk of guessing.
Tron has been in a slight uptrend for a few weeks now, will this move continue or accelerate? Hell I don't know, i'm just here to make assumptions based on data given in charts. If we see a move off the 200DMA we may see stronger movement upward.
TRX/BTC TRX is getting ready for its next leg up as potential Higher Low is now being set. uptrend market structure is still bullish since previous Higher Low is still intact. I have pointed out in the chart where the price can go up.
NOT FINANCIAL ADVICE Looks like December could be a good month for TRX. lets see what happens.
TRXBTC is holding the uptrend channel support since September, which is a bullish sign. TRXBTC is also holding above 50,100 Daily MA. MACD is about to turn bullish after potential crossover. I am expecting TRXBTC to drop from the current price(0.00000215) and find support above 0.00000201 BTC. Anywhere between 0.00000201-206 will be a good area to LONG...