It hit the 0.65 retracement level and a clear divergence on the one hour RSI; this is obviously short term; but similar picture on the 4hour TRXBTC and if that reverses then the chance that it breaks the strong resistance line is good as we are literally in the corner there; the next 48 hours something significant will happen (in my humble opinion)....
Lower line channel didn't hold. Price didn't reach our entry point to go long. New set up: looking to go long at entry point. If price bounce up but retrace before triggering our long position looking to go short as shown.
Stubborn TRX has fallen and bounced of a previous support line. If this continues, new larger scale uptrend triangle to follow. Keep an eye on support breaks (blue lines). .382 Fib may be trouble again, as triangle draws to a close. If so, there's always end of march ;)
Hello my beloved fans! So D4rkEnergY has got hundreds of messages from followers out there, who wants his opinion on TRON! Yes, TRON. The water that divides. THE COIN, you guys, either HATE or LOVE. So do you really want to hear D4rkEnergYs opinion? Ok, here we go. D4 has no emotions. D4rkEnergY has no feelings. He is always objective, and he is only here to...
Since #trx start trading USD pair and it has make a huge difference in the price set up, we can see an up trend forming a nice channel. Short target LONG to reach $ 0.069 , after look for consolidation and second Long target $ 0.085
Bitcoin Fail, TRX Fail, But in the correct channel and more faster recovery first target (pivot) 0.058 zone
I'm rather new to technical analysis, but I wanted to share this particular graph and see what the community thinks. TRXUSD seems to be staying nicely in an ascending channel. This seems like a good moment for a long position with worthwhile gains, while minimizing risks. A tight stop-loss helps reducing risks, where I see a choice between Support 1 and Support...
TRX seems compressing in an ascending triangle, maybe this time it will have enough force to pass $ 0.055
Hello note: don't buy or sell based on this information, it is for learning purpose We can see that TRX still in the triangle; with a break above the Up line, plus a good volume, we can see a rally till the projected price $0.074 Keep and eye on this coin for the coming few days Thanks
Price will drop mostly to 0.04858 because there is resist at 0.05100 if it breaks the resist within 2 days price gonna hit 0.05475
Hello Note: don't buy or sell based on those information, they are for learning purpose only. This kind of late Update, lol So as you can see i add a W bottom to TRX, it make sence because we can't have an UP-Trend without bottoming the market and make an end to the Bearish market (down trend). We can see that the projected price was perfectly reached after...
Hello *Note: please this information are for learning purpose only, don't buy or sell based on it. TRX have a very bad reputation especially in USA and Europe, most people call it scam, but the good thing is that when it ride, it ride wildly, so as a trader that focus on making profits, this coins should be something that stay under your radar. (This is not an...
TRX is setting up for a breakout through R1 this weekend. If we can get a strong rally then the bulls will take back the uppper hand. Likely to see light resistance at R2. Next target will be 0.07 where we will see heavier resistance before breaking back above $0.1 What are your ideas? Happy Trading Forest
Looking like TRX might be ready for a breakout above its first resistance level in the next few days. If we can get a strong rally to R2 then the bulls will take back the upper hand. What are your ideas? Happy trading!