Tron (TRXM19) is starting to gain bullish momentum on the 4H time frame. The last four candles closed green and volume is starting to build up on a Monday.
We saw how Ripple (XRPM19) took off with great strength, Ripple and Tron tend to move together on BitMEX.
If TRXM19 can break 0.00000366 (EMA50) and remain above this level, a strong bullish move can happen....
Tron (TRXM19) has the potential to move up from the current price level.
The above chart is very young, this is from BitMEX, but if you look at the TRXBTC pair you can see that the price at which Tron bounced is the 0.786 Fib. retracement support from the last bullish wave, which means that a bounce can happen here... Feel free to hit like now and take a look at...
Taking a 10x trade on TRXM19 as i see an ascending triangle forming. Risking about 15% of the trade, and taking a 5% position. Let's see.
Signal Type: Regular (Long)
Entry Zone: 355-360
Take-Profit Targets: 370-380-390-400-435-475
Stop Targets: 350
TRX is gaining some momentum.
I like the daily close here, we can see there a humble bullish engulfing candle.
On the daily TRX on Binance and other exchanges are forming a MACD bull cross.
It broke my RSI trendline which is a good signal.
Currently the 21EMA is acting as support.
Volume is increasing.
See the chart for the setup details.
Like & follow if you...
I opened just now a TRX long trade on Bitmex.
TRX closed yesterday with a beautiful hammer, could be a nice reversal signal.
Probably today we will close with a hammer, just like yesterday.
There is a bull cross on the MACD, bullish divergence on the daily.
I also used the Binancce TRX/BTC chart. Yesterday the candle closed with a hammer. It touched exactly a...
Reversion till we nail the upper boundary.
Decoded Sequencing. Liear
File TRX. 0111110
Root : Find.
Fractal X. Open + Close / by 2.
See Executed Fractal Placements.
High Propositional Power.
Hitting upper boundary of channel.
Supported by geometric linear regression .
Supported by 6 other coins algorithms.
Welcome to this updated analysis on TRXM19 Let's get right to it!
We can buy this coin with a target at 0.00000484
We can AVOID/STOP loss at 0.00000442
Was slightly late in identifying this setup. I usually will short on the Right Shoulder and take my TP1 at the neckline.
If TRXM19 can hit the support line we can...
As promised, to all those great Alan Masters followers who come here and read on a daily basis and show your support... I am deeply grateful.
Here is our full trade for Tron (TRXM19) on BitMEX.
This is not financial advice.
All information here is shared for learning and entertainment purposes only.
Leveraged trading is for advanced/experienced...