TRX has always had life in it even when Bitcoin would pump but every since the issues in China with Justin Sun, it appear it has only been a one way downwards with the bears.
There used to always be some marketing trick up the sleeve of the founder. But has that fizzled out.
Worrying times
I still wait for Bitcoin dominance to come down and trend-line breaks.
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ENTRY: 0.00000150 - 0.00000170
TARGET:
(1) 0.00000235
(2) 0.00000307
(3) 0.00000484
(4) 0.00000528
(5) 0.00000765
(6) 0.00000900
PROFITS POTENTIAL: 430%
(Buy calculated at 0.00000170)
STOP: Close weekly below...
TRX is an odd one. I'll be honest. Not the biggest fan of the founder but with the hype around what he can generate, any move with Bitcoin Dominance you can always back TRX to move up, this is low. It can go lower but wait for trendline breaks.
BINANCE:TRXBTC
BUY: signa given in 171/172
TARGET : in telegram channel
BINANCE EXCHANGE
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TRX vs BTC
TRX has wicked right down to 1 sat.
As the saying goes "Wicks and tails like to be eaten" 92% of the time wicks and tails like to be eaten meaning price generally fills in the wick, so a visit to 1 sat is probable.
If price holds above the upper trend-wedge line we have our next Bullish targets!
If this breakout is only a fake breakout than the previous scheme will be in the game again:
Anyway stops for this trade is under 0.0000011 so use money management for the worst-case scenario if you are long now!
Hi everyone.
THIS IS NOT A SHORT-TERM TRADE.
This analysis could happen in 2-3 Weeks.
Tron is on a huge Falling Wedge on the Weekly chart and we are on support zones.
RSI oversold and trying to become more bullish - Good Sign
MACD trying to cross on a positive way - Good Sign .
TRX could reach 340 Satoshis on the Midterm
With 10 X leverage, this...
Even though TRX continues its ongoing decline in a long-term scenario, the coin is giving profit to its holders in a short-term. The rate of Tron has increased by 1.56% over the day.
TRX is located in the oversold zone according to the RSI indicator. In this case, sellers are losing their positions, and the price is unlikely to go below the area of 160 satoshi....
![TRXBTC: [TRXBTC] Tron Trade Signal and chart analysis](https://s3.tradingview.com/v/VjM9VLVQ_mid.png "[TRXBTC] Tron Trade Signal and chart analysis")
