TRX
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
There is a trading opportunity to buy in TRXETH Technical analysis:
. TRON/ETHEREUM is in a range bound but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. The RSI downtrend is broken, so the probability of a resumption of uptrend is increased.
Trading suggestion:
. We have already opened 7 BUY trade(s) @ 0.00007898 based on 'a reversal candle ( Bullish engulfing )' entry method at 07.24.2018 in our suggested support zone (0.000075 to 0.000070).
Beginning of entry zone (0.000075)
Ending of entry zone (0.000070)
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= @ 0.000084
TP2= @ 0.000094
TP3= @ 0.000104
TP4= @ 0.000123
TP5= @ 0.000145
TP6= @ 0.000319
TP7= Free
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend 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 34.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.030)
Ending of entry zone (0.025)
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= @ 0.0346
TP2= @ 0.0405
TP3= @ 0.0435
TP4= @ 0.0506
TP5= @ 0.0557
TP6= @ 0.0643
TP7= @ 0.0729
TP8= @ 0.0820
TP9= @ 0.1005
TP10= Free
A trading opportunity to buy in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend 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 41.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.034)
Ending of entry zone (0.030)
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= @ 0.0405
TP2= @ 0.0435
TP3= @ 0.0506
TP4= @ 0.0576
TP5= @ 0.0658
TP6= @ 0.0739
TP7= @ 0.0820
TP8= @ 0.1005
TP9= 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
Technical Analysis of Tron (TRXBTC)Tron touched 61.8% Fib. Retracement level as well as the lower line of downtrend channel and bounced back, so it is likely to go up till 38.2% Fib Retracement level in the short term. Stochastic also giving a buy signal.
1)Currently TRX is in a downtrend channel as seen by the pink lines
2)The immediate resistance will be the red line at 0.00000749 BTC level and the 38.2% Fib. Retracement level.
3)If the red line resistance breaks, the next target will be the upper line of the downtrend channel.
4)Long term TRX support is shown in the green line.
5)If the downtrend channel support breaks and the long term support breaks, then the next suppport will be at 0.00000344 BTC level.
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
Bullish Wave Count on TRON [with targets]Here's my bullish wave count on TRON/BTC.
Entry:
I expect a small pullback at the double top range (1050-1100 satoshis) going into a successful retest.
I personally already have a position in TRON.
However, I'd suggest an entry at the retest of double top range as there's not much price difference from now and then.
Target 1: 1200 satoshis
A truncated 5th target (123% length of wave 1 projected from wave 4)
Target 2: 1310-1330 satoshis
Main target (161.8% is common for a 5th)
Previous resistance pivot high
Stop loss:
Take consideration for a stop loss in your own accord, keeping in mind Bitcoin's trend, which Tron will inevitably follow
Don't miss the great hunting opportunity of TRXETHTechnical analysis:
TRON/ETHEREUM s 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 45.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.000090 to 0.000076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000090 )
Ending of entry zone (0.000076)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000104
TP2= @ 0.000145
TP3= @ 0.000319
TP4= Free
Tron would probably resume its uptrend againTechnical analysis:
TRON/DOLLAR s in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0562 to 0.0516). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0562)
Ending of entry zone (0.0516)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0642
TP2= @ 0.0780
TP3= @ 0.1005
TP4= Free
TRX UpdateIt has finished retracing/correcting and again started uptrending.
As we can see in the chart, the retracement was somewhere between .618 and .5 Fib level. General rule for a retracement (wave 2 or wave 4, not a,b,c correction) says that waves would be retraced from top (Five level 1) up to .786 or .618 level. Frankly speaking, since the mainnet launch is nearby and due to all the hypes around trx right now, I was expecting a retrace no to go below .618 level (852 satoshis). In this case, however, BTC movement affected trx retrecement a bit more.
Nevertheless, TRX have now finished a retracement and started uptrending with possible target between the Fib level 1.236 (1230 Satoshis) and the fib level .138 (1319 Satoshis). More on reservative side, it may go up to 1250 Satoshis.
This is strictly for education and learning purposes btw.
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.