Hi.
BINANCE:TRXUSDT ➡️ the odds of another bullish Movement is Pretty high because the pattern which TRX is in, Is a Bullish wedge Pattern! Since The break out has happened
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
⛔Hidden bearish Divergence
🟢 No break out yet!
🟢...
BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern
On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which...
Trading Setup:
A Trading Signal is seen in the TRXUSDT Tron (H4)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 0.12175
⭕️SL @ 0.12584
🔵TP1 @ 0.11104
🔵TP2 @ 0.10130
🔵TP3 @ 0.09194
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning...
As I explain before on my previous analysis on Bonk, i see liquidity going to BITCOIN, hence all altcoin will bleed to downside
Market structure also is in confluence with our technical breakdown of the POC level, Price was drowned into the the point of control level and got rejected we could see price drop from there just like other pairs
Follow me for more...
You can buy #TRX here and on retest of the falling wedge. Best Buy order place is around the $0.1150
Targets are:
$0.12141
$0.12650
$0.13158
$0.13881
$0.14803
$0.15975
Price action and chart pattern trading setup:
> A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support.
> The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09.
> Indicator: both...
AMEX:TRX
DO YOU SEE WHAT I SEE?
MASSIVE ALERT!
When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets...
TRX positioned at the base of the weekly ascending channel, forming an inverted head-shoulder above the EMA 80, suggesting continuation of the movement with potential up to US$0.17
Tron (TRX) is one of my favourite coins which I choose to invest in.This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portions will be sold on targets 1 and 2.
Entry Zone: 0.27 – 0.34
Buy Zone: 0.024 – 0.03
Target 1: 0.11...
Considering that the currency trend is downward in the 4H time frame and is at a good level that also crosses the trading node, we can enter in the 15M time frame due to the decrease in momentum after the LWP is broken and with the limit Let's have a loss of 1% risk to reward 3. TP1 is equal to the loss limit.
TRX is at the base of the bullish channel, with the previous top having broken as support, with Stochastic oversold, above the 80-period exponential moving average.
Potential of 50% appreciation.
Due to the decrease in momentum, you can enter the trade after the LWP is broken, and considering the loss limit of 1%, you can expect a risk to reward of 3.
Considering that the currency trend is downward in the 4H time frame and is at a good level that also crosses the trading node, we can enter in the 15M time frame due to the decrease in momentum after the LWP is broken and with the limit Let's have a loss of 1% risk to reward 3. TP1 is equal to the loss limit.
TRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next.
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and...
TRX already create the Inverse cup and handle pattern and looking bearish.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
