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TRXBTC

TRON Lateral movement. Possible formation of a double bottom.As we see on the chart, the Descending Wedge was broken and thus began a lateral price movement, which formed a local maximum, which can act as the top of the Double Bottom figure. Please note that this is a 1 week time frame. It is worth noting that the Double Bottom is a reversal pattern, if it is confirmed (a break and price fixing above the level of resistance of the pattern), then it can reverse the lateral movement to an uptrend. As we see from the history of the graph of this coin, this happened before the last pump. The pivot points (zones) on which the development of price movements depends, I showed on the chart. If the double bottom pattern is confirmed and an uptrend will develop, then the downtrend of the main trend (yellow line) will become a strong resistance to a possible uptrend. ENTRANCE and TARGET Entering the market after confirming the level of support. The observation area showed. It is also possible to enter the breakout of the resistance of the “Double Bottom” figure or rollback after the breakout if this movement is confirmed. And the uptrend will develop. But then the potential profit is less. Stop loss Under key support levels during your entry into the market. Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
by SpartaBTC
Your time is up, bear. Bull. let's do this TRXbullish divergence is seen on the green line and gives the result of movement around the red line. this is a very good time. The RSI stochastic is at the bottom and has shown an increase. although small, but we can conclude there is hope in a definite movement on TRX. we can be see that TRX managed to penetrate the green cloud and go back down again, but there was no time to be afraid. it was clear FIBB 0 (133 sat) explain we were at the basic level. today we can expect major bulls like ALT coins in the past. but we must be careful, in front of us there is a red cloud. is the red cloud able to bring TRX back to 133 sat? I don't know for sure. RSI is at 41. anything can happen. but we must prepare under any circumstances. RISK MANAGEMENT. FIBB guide lines for all traders so that all of you can make decisions based on your respective trading strategies.
Long
by nikopramutama
LONG - TRX - Falling wedgeWaiting for Justin Sun to announce the announcement, bottom of the falling wegde making confluence with the daily support. Entry: 0.00000180 TP 1: 0.00000194 TP 2: 0.00000207 TP 3: 0.00000230 SL: 0.00000168 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
TRXBTC Levels To WatchHi, TRXBTC is forming a falling wedge on daily time-frame. In my opinion, Two scenarios are probable: I) The price can break up the falling wedge and further growth will come. II) The retracement and consolidation will continue until the price reach the last low. Since it seems that the long-bearish move for TRXBTC is over, So we can expect that the price goes up when It reaches the previous low (I mean we won't have a lower low). So If it happens, We may see a double bottom pattern.
by GandoTrader
TRON Update | What Will Happen Next?Here is a quick update to the TRON (TRXBTC) chart we published recently. Here the trendlines have been updated. At this point the following scenario is the most likely: If TRXBTC can close above EMA10 (0.00000197) and remain above this level, it is likely that it can follow the green arrow. On the contrary, if TRXBTC moves lower and closes below 0.00000185, it can move lower before additional bullish action. Patience is key. Namaste. This is not financial advice. For trading, make sure to always have a plan/strategy before you buy anything. ---- BitTorrent vs Bitcoin | New Low Hit | When Will It Grow? (745%+) BitTorrent Starts To Move Against Tether (250%+ Possible) Litecoin Moves Above Resistance | Lev. At 8X (Easy 50%+) Bitcoin Cash Starts To Gain Momentum, Breaks EMA10 |125% w/ Lev.
by AlanSantana
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