TRXBTC trade ideas
tron is it gonna be this bad? wow
tho because of btc absolutely crazy run, most alts /btc ded. this one especially. lets take a look now at the /usd
TRX will explode any moment In this TA we can see falling wedge which will be broke up supported by RSI and MACD divergence
If this TA was useful for you, I'll be very appreciated if you drop some BTC at 17JSYhvRU4UeHdbobiahzojJuUVPvQnBGM
tron rebirth pump incoming4h shows dump volume is drying out
12h shows falling wedge breakout imminent
TRON - TRX the IRON MAN who steel the stones from THANOZa cute hammer on the support.
just nice. ready for engulfing to close this week.
So this time which TRON will steel?
ETH? BTC? EOS?
by the if you dont mind, this is train will start.
no stop.
but not to forget, to bring your BTT, Bitorent together.
to da moon.
Current Price:
Rank 15
$0.034039 USD (13.19%)
0.00000177 BTC (8.73%)
TRXBTCTron has a good R/R ratio and is good for trade. But because of Bitcoin the probability of this analysis is less than 70%.
100% Profit Potential - 3:1 RRThere may be a short term retracement/consolidation period before moving to the upside due to higher market cap.
Trade: Active
Entry: 240
Stop: 151
Target1: 482 (50% of Position)
Target2: 592 (50% of Position)
Notes: If T1 is hit, stop loss for remaining position size of 50% will be moved up to 370
Personal Log
Tron looks to move up soon against Bitcoin.Tron is seeing some major signs of a correction to the upside shortly.
We see that Tron broke out of the falling wedge with bullish volume. Now it is consolidating ready for the next moon mission.
Note that the arrors are NOT time scale based analysis - simply just showing the possible direction.
RED LINES - TAKE PROFIT.
GREEN LINE, BUY ON 0.65 FIB PULLBACK AFTER THE NEXT LOCAL TOP READY FOR THE MOON MISSION TO THE FINAL TARGET.
Gatekeeper
TRON (TRX) Broke Bullish, Consolidation Followed by New Jump!The bullish breakout we were expecting on the TRXBTC trading pair did take place...
But it takes time...
As you can see, patience is key.
After the initial breakout, we get some retrace and then a period of consolidation.
These consolidation periods can vary in duration...
After this pair is done consolidating, it will move bullish again.
Look at the green arrow on the chart.
This is how I see TRXBTC moving next.
This is just chart reading of course, it is not the same when you trade.
If do decide to trade, make sure to build a plan, and have a stop-loss in place.
This is not financial advice.
All this information is shared for your own learning/entertainment.
Thanks a lot for reading.
Namaste.
TRXBTCObviously the TRX is in a range so let see if the market breaks the support line. In this case I will sell my assets but if the market breaks the resistance line I will start buying.
$TRX Continuation$TRX Rolled some EOS profits into TRX here, same setup & expecting an impulsive move up to the 2 resistance levels shown on the chart.
TRXBTC is testing 0.618 Fibonacci Level 🦐TRXBTC is testing 0.618 Fibonacci Level after a nice bullish impulse.
If the price will confirm the current support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
If I wanted to buy TRX I would do it now probablynot trading advice but this thing is extremely oversold and at the bottom of it's longterm support channel!
TRX/BTC 3h (Binance Spot) Descending channel breakoutTron broke bullish at last, the idea is to jump in on a last pull-back.
Current Price= 0.00000162
Buy Entry= 0.00000157 - 0.00000151
Take Profit= 0.00000174 | 0.00000183 | 0.00000195
Stop Loss= 0.00000138
Risk/Reward= 1:1.25 | 1:1.81 | 1:2.56
Expected Profit= +12.99% | +18.83% | +26.62%
Possible Loss= -10.39%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
