TRX is heading towards its upwards resistance zone. The red shaded area is a good zone to place short positions. It's likely that we bottom around the 0.786 fib (blue line). If we break and close below the green support line, we will be heading much lower.
Sunday, 04 October 2020 | 13:51 UTC7. TRXBTC | BINANCE Tron activities spotted on 8H with the Stochastic line at the top. Focus and patience for what would be growing tomorrow
Welcome to my first TradingView post! After a solid rally, TRX/BTC has been retracing for a few weeks, put in an ABC correction, and caught support between the 50 and 100 EMAs. After printing a higher low, TRX/BTC looks ready for another massive rally. The MACD is showing a bullish cross and the RSI is picking up rapidly here on the daily chart. The chart looks...
When we look at the 4H timeframe for TRON (TRXBTC), we can see really strong bullish action. We already know this pair... When it starts to go it goes... Long, fast, and strong. After the Doji yesterday, which can be taken as a reversal signal when it shows up at the bottom of a trend, we have 7 consecutive green candles... And it seems that there will be...
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00000250). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which...
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00000250). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which...
TRON (TRXBTC) is giving out an early signal in the form of a bullish candlestick today as well as a bounce off the EMA100 blue line. This can lead to additional growth. After prices peaked, 3-Sept., we saw a strong correction but volume has dried up on the drop. Prices are now flat and the indicators are starting to turn. The EMA100 line also coincides with...
TRON began a good upward movement while BTC was dropping down and after that we saw deep correction. I think we are in the wave (c) of wave B which is shown in the chart and we can expect a ride up!! Targets are obvious in the chart but this is a risky analysis. Please manage your risk for using this analysis.
Script settings for 4H timeframe: · Signal calculation type - "open" -TP for Long - 3% -SL for Long - none -TP for Short - 5% -SL for Short - none
Tron/BTC Analysis - 23 September
270 is the final target if the market wide bull run continues. 212 should now be support and a good possible retrace target.
BINANCE:TRXBTC is in a good possition because: Good Possition in its channel Macd Hidden divergence momentum Hidden divergence Stoch Hidden divergence & Buy possition TG1: 309 TG2: 358 TG3: 418 SL: 227
Back at resistance turned support High Vol Breakout