TRON Moving (D) Above EMA50 (210% Mapped)TRXBTC (Tron) peaked on May earlier this year after recovering from a low and is getting ready for new bullish action.
After the May peak support was hit in late July just below the 0.618 Fib. retracement level.
(This is marked light blue on the chart).
Afterward, all price action has remained above this level making it a strong/confirmed support.
Now that we are seeing prices move above EMA50 (0.00000173), we can expect additional growth.
The support/stop-loss is set at around 149 satoshis; bullish above this level.
The targets can vary but we have up to 210% potential for growth.
Many pairs are hitting new highs compared to March/April/May.
TRXBTC (Tron) remaining strong after the correction on a higher low can lead to a higher high.
Additional details on the chart.
Thank you for reading.
Namaste.
TRON
TRON (TRX) - November 13Hello?
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(TRXUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.04413840 point: the uptrend expected to continue
(1D chart)
First resistance section: 0.11243825-0.12543392
Second resistance section: near 0.16442092
Support section: near point 0.08644692
If the price can hold in the range 0.10168507-0.12748467 (up to 0.09289318-0.12748467), I expect to accelerate the uptrend.
If the price declines from the 0.08238160 point, it may fall below the 0.064045559 point, so a short-term stop loss is necessary.
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(TRXBTC 1W Chart)
Over the 259 Satoshi-318 Satoshi section: It is expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
TRXUSD Entry 0.1060 Take Profit 0.1230TRXUSD (Tron)
Diagonal Trend Line
Horizontal Support Resistance Line
EMA 10
EMA 20
Tron TRXUSD - Next wave +1000%, Elliott wave + Wedge!- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1.618 fib trend-based extension + top of the ascending wedge + 5th elliott wave.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
- If you want to see more of these ideas, hit "Like" & "Follow"!
TRX is about to explode! Keep an eye on this!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume , or you can buy when the price breaks above 0.115$.
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The idea is: Buy the breakout from the symmetrical triangle (or 0.11$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
TRX watch for a 50% moveTRX is in a nice consolidation pattern where MM100 daily slope is turning bullish and also provide support to prices.
MACD Daily and Weekly is green and the H4 is turning bullish, this situation could give momentum to TRX and i wouldn't be surprise to seem a more volatile increase in the coming days.
1st target would be above the 15ct area, if this is break then we would look at higher time frame in direction to ATH.
As long as the MM100 is not broken this scenario will remain and i would be looking a going long within this range.
TRXUSD (TRON) Symmetrical TriangleTRXUSD (TRON) Entry Price 0.1026. Next entry price is 0.1060. Target price is 0.1230.