TRON Moving In Ascending Channel | 200%+ Of Profits PotentialTRON (TRXBTC) is moving within a broadening wedge and moving higher... Each time the bottom of this wedge is touched, prices move higher. When the top is hit, prices move lower...
Right now we can clearly see that TRXBTC touched the lower part of the channel (blue checkmark) and bounced to move above EMA10,50 and EMA100.
This opens up the potential for a bullish move.
In the case the above bullish channel is broken, I've marked the different support levels with blue dashed lines. Even if the channel breaks, TRXBTC remains bullish as long as it is trading above 0.00000135 on the weekly time frame.
Thanks a lot for reading.
Namaste.
TRXBTC
Tron
It is supported by 20MA.
If it falls, there is a possibility of touching the upward trend line.
I think there is no answer if we fall from this upward trend line.
Must be supported by an upward trend line.
Prices fell below the uptrend line and below 0.01364.
If it falls, it is expected to go down to touch the 0.01120 point.
Below 0.01364 is the mid to long-term investment area.
Buying is possible when the bullish trend comes out, but be cautious in trading.
When the price rises above the upward trend line and the 0.01364 point, I think it is better to buy.
TRX/BTC TA Update TRX/BTC
TRX has been consolidating in this downward channel (Bull Flag). If we can hold 198-186 Sats then there is a high probability continuation to the upside will continue.
An uptrend is still intact provided we don't close below 176 Sats. Trade priority is going Long
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t.me
Trading is simple, don't over complicate things :)
TRON To Resume Its Uptrend? Analysis With Potential ScenariosTRON (TRXBTC) might be done with its retrace, but it is still too early to know for sure.
We can see that TRXBTC is moving within an ascending channel, slowly printing a beautiful uptrend... Prices can go up from here.
Potential scenarios for TRON (TRXBTC)
If 0.00000191 holds and TRXBTC moves higher, it is very likely that it will continue to climb up and reach a new peak. The confirmation is set after a close above EMA100 (0.00000210).
On the other hand, if TRXBTC moves and closes below 0.00000191, it can easily test the lower support levels at 0.00000178 and 0.00000159.
The sentiment is looking bullish overall.
The altcoins vs Bitcoin pairs are starting to grow.
Looking at other altcoins, it is possible that TRON as well will resume its growth.
Namaste.
TRXBTC Bullish channelTRX/BTC is held in a growing channel that almost perfectly respects. It has a correction structure + is located on the lower trendline, from which there was less reflection.
In this case, our Buy Zone is worth 199sats to 194sats. If we can't buy TRX in the buy zone, we don't mind buying it in our Key Zone. Stop Loss goes just below the 189sats channel, because if it breaks it down, it may not get back. Our Take Profit Zones are resistance from historical graph development.
TRXZ19 Long SignalBlue Zone : Buy Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Zone : StopLoss Area
Leverage : 5-10x
TRX/BTC (Up to 88% Profit Target)TRX/BTC
TRX has been in a healthy uptrend but now consolidating above 50 Day MA and 100 Day MA.
Our uptrend line of support is still in play as Higher Lows support hasn't broken yet.
Bulls are in control as the market structure is still going to the north.
Trade setup
Buy area: 200 Sats - 182 Sats
Sell target: 230 Sats - 340 Sats
Stop loss: 160 Sats
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TRON Looking To Retrace? Next Support Mapped!TRON (TRXZ19) closed below EMA10 is about to hit EMA50 (0.00000199). If this level is broken, marked with a magenta line, TRXZ19 can easily move lower.
On the chart above I've marked with blue arrows the next support levels to look for.
The 0.786 Fib. retracement from the last jump is our main support at 0.00000164.
Remember that the charts are always changing... So these signals are only valid if EMA50 breaks.
If EMA50 holds and TRXZ19 starts to move higher, a new analysis might be needed.
Thanks a lot for reading.
Namaste.
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TRX has to take a decision hereUpdate from this idea : TRX has failed to stay above the triangle after its breakout, it is still moving upward with the support trendline and forming now a clear triangle. I would expect it to break out to higher levels, but now it is not time to take position anymore. At this point, it is better to enter after a clear movement that determines the future direction.
If you were long from this idea , I recommend you to keep it and move your stop-loss to below the support line.
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.0000022~0.0000021
Target Point: 0.0000023/ 0.00000238/ 0.00000245/ 0.0000026/ 0.00000275
S/L: 0.000002
Risk: HIGH
Term: Middle - Long
You should be careful in buying TRXBTC because of Bitcoin
There are a few tail but it looks like making Rounded Bottom
It`s making Up Trending Line in spite of Bitcoin`s movement
The Volume is slowly down
It needs more time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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LONG - BTT - Trading IdeaLooking like a breakout is near, after 140 days in downtreand, really feels like the bottom. big volume coming just like the last time it pumped 200%. Really good r/r.
Entry: 0.0004219
TP 1: 0.0004817
TP 2: 0.0006131
TP 3: 0.0008000
SL: 0.0004009
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TRXBTC Trend Change| Higher Lows|Key Resistance ! Hello Traders!
Today’s chart update will be on TRX, 240 timeframe, testing an important resistant level that needs to break to keep the bullish bias. A break from this level will increase the probability of TRX testing structural resistance, which has multiple technical confluences.
Points to consider,
- Confirmed Trend Change
- Support provided by EMA’s
- Key resistance being tested
- Stochastics projected upwards
- RSI trading in upper region
- Healthy Volume
- VPVR cluster showing low volume of transactions
- Structural resistance as next target
TRX has broken its lower low projection and has successfully put in consecutive higher lows as it comes into a key resistance. TRX needs to break this resistance with convincing volume to keep the uptrend intact. Support is currently being provided by the EMA’s which has turned bullish from local lows.
The stochastics is currently trading in the upper region, can stay up here for an extended period of time, however we do have lots of stored momentum to the downside. The RSI on the other hand is respecting its support (red line), bouncing of it multiple times.
Volume is currently healthy, its needs to sustain with bull volume to break resistance, which will also avoid the chances of a false break. The VPVR is showing low volume of transactions from resistance to structural resistance. This signals that this cluster will pose little resistance in terms of volume of transactions, if and when TRX tests.
Structural resistance is the technical target for TRX as this level is in confluence with multiple technical indicators such as the .50 Fibonacci level and the 1.618 Fibonacci Extension.
Overall, In My Opinion, TRX has established an uptrend with consecutive lower highs, the market structure has changed. TRX needs to break current resistance levels in order to keep the bullish bias. Volume is looking very healthy for this break, so we do have a greater probability of breaking resistance and meeting technical target.
What are your thoughts on TRX trend change?
Please leave a like and comment,
And remember,
“If you don’t respect risk, eventually they’ll carry you out.” – Larry Hite
Stripped back naked analysis. Short term.Sweet and simple, just like me.
Only looking at past short term fractals here, married to the fact that this would be an ideal liquidity zone. We have seen 3 previous wicks down, with perfectly the same time scale between each one, the next (if it happens) is looming upon us.
I am already in a long leverage position, though this was entered much earlier.
Good luck.
The Gatekeeper.
TRON Keeps On Growing | Where To Next? | Fib. TargetsTRON (TRXBTC) is on a clear uptrend and continues to grow.
Looking at the last bullish move, it printed a higher high and is showing signals of going further.
EMA10 continues to hold, while EMA100 has been conquered and tested as support.
Where will TRON go to next?
Take a look at EMA200 (0.00000262) or the 1.618 Fib. extension. This is our next and main target.
The blue dashed lines represent the different support levels.
The bulls are fully in control now of TRON and this pair tends to do long steady climb when it starts to move. So expect for the retraces to be short and for the growth to be long.
Namaste.