TRXBTC :
Break is confirm
BUT :
Price needs to hold this area!
maybe we have a fake break
you can buy now and put your stop loss (if the price closes under the area you can leave from this trade )
or wait for the pullback and then buy it...
note : market is very high risk on buyer position. please consider this and do money management.
A cup pattern can be seen for this currency. correction of this currency can from a cup handle . to correct this currency, I marked the price range and targets on the chart.
The main trend. Breakout. Linear chart 1 week, to show the trend more clearly without market noise. Rhombus (diamond) 250%. Breakdown of the price and fixation above the resistance of the main trend (downtrend channel), as well as the aggregate of the diamond resistance edge.
Remember, 5 05 2022 starts USDD possible prepared "stream of positive news" to...
I have never been a great believer in this project ! Perhaps because of ignorance ...
What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!!
The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole !
That is why I stubbornely...
TRX/BTC 1W consolidating in small range. Price can't go lower 152 satoshi level.
Potential falling wedge is forming inside the right shoulder of potential IH&S(Inversed head and shoulders).
Potential zones, where the price can fall, or where it can come, I've showed on chart.
TRC20, a protocol based on Tron, is being used frequently by cryptocurrency activists because of the very low fees on the transactions. Meanwhile, Tron didn't have any significant move in the last 2 years. On the weekly chart in pair with bitcoin Tron has developed a symmetrical triangle. If it breaks out of the triangle upward it can make a leg up to 0.000007....
On May 5, Tron DAO launched an algorithmic USDD Stablecoin. Anyone who locks TRX to release USDD stablcoin in 2 months will be liquidated.
I already had a similar prediction published, but the wave was stretched I didn't understand what such manipulation would be for. Now all puzzles are in the picture. It will be the same as usual, everyone will say that Bitcoin...
Looks like TRX/BTC pair is trying to break out of this trendline that started at the ATH in January 2018. But since we are in a bear market, if BTC decides to dump all technical analysis goes through the window and Tron will probably follow it (as happens a lot these days). Set your stop loss.
Good luck!
Not financial advice.
Tron (TRXBTC) is printing some weird price action while it tries to break above EMA50.
Above EMA50 (0.00000155) it can easily grow.
You can see the targets and additional information on the chart.
Namaste.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is fluctuating below the first resistance line which has rejected the price several times. We expect this line to be broken and if so, it will move up to the first resistance zone. After hitting the second resistance, it can form an inverse H&S pattern. If...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the support area S1 which has supported the price several times. We have 3 areas: R1, R2, and R3. The price can move up to R1 and you can save profit there. If R1 and R2 are broken, the price can move up to R3 and you can sell your profit there too. You had...
I am waiting for such a movement on TRX/BTC. There may be a positive reaction to the news from China about the launch of cross-border payments in digital yuan. But I expect there will be a speculative false breakdown. If something changes, I will publish a new forecast.
The weekly chart on TRX is starting to look really bullish. Nice bottom signal and the indicators look good too. We're also breaking out of this tightly wound triangle which could potentially signal the end of the 4 year bear market. It looks like minimum target against BTC is 323 sats for the smaller triangle, but it could go significantly higher than that if we...
Welcome to this quick
TRX/BTC analysis update
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-TRX/BTC is triangle pattern conform and retest triangle and buy the dip. and long term hold
Entry:- CMP And buy the dip in the green zone
Target:- 50% to 75%
Stop loss:- 0.00000149
Remember:-This is not a piece of...
I see on the weekly timeframe a W pattern forming. January 2018 TRX reached the ATH and since then the price has been slowly moving downwards.
Between the red and green line channel. Thin green line aka support is holding strong and several times a good bounce up.
Currently looking good. W pattern, momentum upwards, support holding, but note the red line upper...
BINANCE
