Tron weekly chartTrx is forming a triangle pattern in weekly timeframe
And has shown no move since months
I hope it will give good move once came out of this cage
Tronbtc
TRON breakoutTRONBTC on daily charts has given good breakout.its above AVWAP AND rsi is good on weekly charts.
Positive Divergence on TEZOS-BTC Daily.Positive Divergence on TEZOS-BTC on Daily charts. Place tight Stop loss and can take long positions.
💡Don't miss the great buy opportunity in TRXBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (100).
. 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 acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 140
TP2= @ 200
TP3= @ 270
TP4= @ 308
TP5= @ 465
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TRON(TRX/BTC)Tron has been the best performer in the market recently and has seen surge(100%+) for the past 40 days with news of Bittorrent company.However it needs to cool off(drop) before continuing the bullish momentum.
Bullish Case:
It will undergo a healthy correction after the recent surge and needs to hold the 488-530 satoshi level before moving up.If it manages to hold the 488-530 satoshi level then we might see the surge till 750+ satoshi level.Second level of support will be around 415-448 satoshi level and it needs to hold in order to continue bullish sentiments.
Bearish Case
If the last level of support i.e. around 415-448 satoshi doesn't hold then we might see it dipping to below 300 satoshi level in the coming days and weeks.
A trading opportunity to buy in TRXBTCTechnical analysis:
Tron/Bitcoin is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 39.
The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000305 to 0.00000260), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000305)
Ending of entry zone (0.00000260)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000352
TP2= @ 0.00000386
TP3= @ 0.00000440
TP4= @ 0.00000485
TP5= @ 0.00000552
TP6= @ 0.00000643
TP7= @ 0.00000735
TP8= @ 0.00000864
TP9= @ 0.00001028
TP10= Free
Trx technical analysistrx needs to break that descending channel
now I can see that 20 day ema green slightly crossing the 50 day ma black
which is a bullish sign and candles are forming above the both moving averages
but still we need to wait because its decision time for trx 560-570sat is a strong resistance
need to break this descending channel and 565 resistance
There is a possibility for the beginning of uptrend in TRXBTCTechnical analysis:
. TRON/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000063 to 0.0000057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000063)
Ending of entry zone (0.0000057)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000075
TP2= @ 0.0000086
TP3= @ 0.0000108
TP4= @ 0.0000148
TP5= @ 0.0000204
TP6= Free
TRX/BTC long swing trade idea, Token Swap HYPE TRON (TRX), not financial advice.
Might want to sell before token swap situation medium.com
But it could also continue to pump through the swap, trailing stop will protect you.
Entry: 807
Target 1: 1000 (870 short term)
Target 2: 1083
STOPLOSS: 772
possible profit 25% - 34% (7.7% short term)
possible loss 4.34%
Risk/reward 5.77 - 7.89
Keep your eyes on BITCOIN BTC could throw off the numbers, trail your stop if you'd like to protect gainz. Always play for satoshis!!!!!! RESPECT STOPLOSSES
What's Next for TRXAfter an Incredible run TRX is still holding on the trend line as we have a lot of buyers in the 860 - 900 area , on the bright side TRX is now in a smaller consolidating ascending triangle which will be breaking upwards but as BTC market still slides down a break of the current triangle upward could achieve a target between 970 - 990 sat. Good luck!
Tron has potentialWe are in a huge 5th Wave Target is at 1080 -1090 satoshis. This is not financial advice just my personal TA based on a scenario Against Bitcoin 1.19% and TRX 7.12% . Good day!
TRX Trading idea based on Fib and Elliot Wave patternsThis Is based on 4 Hour chart for TronBTC. It has just completed Impulse Wave 3 and started retracement Wave 4 which is expected to around 870 to 855 Satoshis (Around .382 Fib level) Impulse wave 5 should then takeover it up to .50 or .618 Fib level with possible target around 1150 Satoshis. Also look at 4 Hour RSI we have a trendline drawn in red.
This is not a financial advise and purely for educational purpose.
TRXBTC Technical AnalysisAs we can see from the 1 H Chart of TRXBTC(TRON BITCOIN PAIR) that we are currently in the 3rd impulse of the Elliott waves.
To subdivide it, we are currently on the 3rd subway.
The RSI is making higher Lows and also the MACD is bullish.
The expected target of the 3rd wave is around 900.
