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Tron

There is a trading opportunity to buy in TRXUSDTechnical analysis: . Tron/US Dollar 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 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0155) Ending of entry zone (0.0123) 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= @ 0.0180 TP2= @ 0.0220 TP3= @ 0.0275 TP4= @ 0.0322 TP5= @ 0.0400 TP6= @ 0.0452 TP7= @ 0.0557 TP8= @ 0.0663 TP9= @ 0.0813 TP10= @ 0.10041 TP11= Free
BITFINEX:TRXUSDLong
by ForecastCity_EU
There is a trading opportunity to buy in TRXUSDTechnical analysis: . Tron/US Dollar 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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0145 to 0.0111). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0145) Ending of entry zone (0.0111) 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= @ 0.01800 TP2= @ 0.02100 TP3= @ 0.02500 TP4= @ 0.03217 TP5= @ 0.04000 TP6= @ 0.04520 TP7= @ 0.05575 TP8= @ 0.06629 TP9= @ 0.08130 TP10= @ 0.10041 TP11= Free
BITFINEX:TRXUSDLong
by ForecastCity_EU
1
There is a trading opportunity to buy in TRXUSDTechnical analysis: . Tron/US Dollar 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 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.014500) Ending of entry zone (0.011100) 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= @ 0.018000 TP2= @ 0.021000 TP3= @ 0.025000 TP4= @ 0.032170 TP5= @ 0.040000 TP6= @ 0.045200 TP7= @ 0.055750 TP8= @ 0.066290 TP9= @ 0.081300 TP10= @ 0.100410 TP11= Free
BITFINEX:TRXUSDLong
by ForecastCity_EU
1
There is a trading opportunity to buy in TRXUSDTechnical analysis: . Tron/US Dollar 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 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.014500) Ending of entry zone (0.011100) 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= @ 0.018000 TP2= @ 0.021000 TP3= @ 0.025000 TP4= @ 0.032170 TP5= @ 0.040000 TP6= @ 0.045200 TP7= @ 0.055750 TP8= @ 0.066290 TP9= @ 0.081300 TP10= @ 0.100410 TP11= Free
BITFINEX:TRXUSDLong
by ForecastCity_EU
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis: . Tron/US Dollar 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.021400) Ending of entry zone (0.018100) 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= @ 0.025000 TP2= @ 0.027650 TP3= @ 0.032170 TP4= @ 0.040500 TP5= @ 0.045200 TP6= @ 0.050600 TP7= @ 0.055750 TP8= @ 0.066290 TP9= @ 0.081300 TP10= @ 0.100410 TP11= Free
BITFINEX:TRXUSDLong
by ForecastCity_EU
TRX / USD Price Analysis: Resisting PressureTRON / USD Short-term price analysis TRX has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows the presence of a head and shoulders pattern with the TRX / USD pair edging towards the neckline of the bearish pattern. Technical indicators on the four-hour time frame are bullish and continue to point to further upside in the short-term. Pattern Watch Traders should note that the TRX / USD pair could fall to a new 2019 trading low if the head and shoulders pattern on the four-hour time frame is triggered. Relative Strength Index The Relative Strength Index has turned bullish on the four-hour time frame and shows scope for further upside. MACD Indicator The MACD indicator has turned bullish on the four-hour time frame and is currently issuing a buy signal. TRON / USD Medium-term price analysis TRX has a bullish medium-term outlook, with the TRX / USD pair still maintaining price above its key 200-day moving average. The daily time frame continues to show a large inverted head and shoulders pattern, with bullish MACD price divergence still evident from June 2018. Technical indicators on the daily time frame are attempting to stabilize following the recent decline in the TRX / USD pair. TRX / USD Daily Chart by TradingView Pattern Watch Traders should note that the June 21st, 2018 swing-high is the upside target of the inverted head and shoulders pattern on the daily time frame. Relative Strength Index The RSI indicator is still bearish on the daily time frame, although it is attempting to recover higher. MACD Indicator The MACD indicator on the daily time frame is flat and is currently failing to generate a clear trading signal. Conclusion TRX is under pressure in the short-term, with the bearish pattern on the four-hour time frame issuing a warning that the cryptocurrency could still decline further. The prospects for the TRX / USD pair remain bright, with the inverted head and shoulders pattern and the presence of bullish MACD divergence on the daily time frame still pointing to more upside over the medium-term.
BINANCE:TRXUSDLong
by CryptoBriefingTA
Tron's latest analysis TRON Latest Price Analysis- Feb 8, 2019- Bittorrent Airdrop Effect On Tron's Price Fading? #1 Key Highlights * TRX/USD price surged 10+% and in downside correction.\u2028 * $0.02554 support level broken.\u2028 * TRX/USD closed below 200-4H Moving Average (MA) after breaking it.\u2028 * Tested Ichimoku cloud's resistance but couldn't sustain it above.\u2028 #2 TRON Latest Price Analysis – Hourly (4H) Chart TRX/USD Tron technical analysis today shows that it broke the short-term downtrend line(black) but couldn't sustain above it longer. Let's look at the insights of Tron price analysis 2019 on its Hourly (4H)-timeframe chart. TRX/USD moved 10%+ but it has been under downside correction for the past few days.It could be because of the Bittorrent airpdrop ,dated 11th February'2019, got over. It tried to challenge the 200-4H Moving Average(MA) recently but couldn't sustain over it longer.Other bearish signs could be seen is that it closed and traded below ichimoku's cloud after testing it recently. The short-term downtrend line (black), since 4th February ' 2019, needs to be broken in order to test the immediate resistance (red bar) around $0.026+. It has been testing the $0.026+ immediate resistance for the past two days. Tron's Elliott wave theory depicts that we are in the last wave of its complete cycle. Also the previous support around $0.2539-$0.2558 broke which might lead to support turned resistance(S/R flip). MACD is slightly turning bullish as well as Stoch-RSI is in oversold zone forming a bullish divergence which might cause the price jump in the coming days.But challenging S/R flip area along with immediate resistance(red bar) is necessary for Tron analysis meaning with bullish sentiments. #3 Conclusion Overall, TRON(TRX/USD) is under pressure after the BTT airdrop timeline got over and needs another catalyst to boost the price action in upward direction.
BINANCE:TRXUSD
by coinswitch-trading
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
BITFINEX:TRXUSDLong
by ForecastCity
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
BITFINEX:TRXUSDLong
by ForecastCity
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
BITFINEX:TRXUSDLong
by ForecastCity