TRON: Wring money out of the thin air!Hi, Traders ! Monfex is at your service !
TRON (TRX) shoves off the long-term consolidation buying area. Mid-term target is $0.04!
* TRX network is expanding with a number of accounts on the TRON network rising beyond 3.8 mln.
* Crypto Service Provider BitGo announced its plans to include Tron on its platform by November 2019. The announcement, which appeared on Medium, stated that by the end of November 2019, the integration of Tron shall be completed.
* Technically, TRX is forming up in a new bullish wave. So far, it needs to break $0.0190 to open up the ample room for growth to $0.0400.
* Furthermore, TRX has recently accomplished the major Fib market cycle phase; now, the door is open for the next cycle (UP) that could last a sustainable 10 months.
Active trade signal
Buy @ $0.0120 - $0.0170.
Target: $0.04.
Stop-loss: $0.0109.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
TRXBTC
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.000002~0.0000019
Target Point: 0.00000209/ 0.00000229/ 0.00000243/ 0.00000253/ 0.0000273
S/L: 0.0000018
Risk: HIGH
Term: Long
It`s making Cup Handle of Cup
The Volume will be down and Cup Handle will be completed
Then, It`ll pump again !!
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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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TRX - Range ConsolidationI will build a strategy already from the exit from the range indicated on the chat
According to cluster analysis, sales have prevailed over the past three days. Was it profit taking or a short set?
Think for yourself? and share your opinion
TRX potential to continue uptrendTron hit all targets sisnce last post giving 18% profit (multiplied by your leverage). Now accumulates around 190. Strong resistance very close above at 195. Next coming at 203-204. Falling below current support will cause it lose momentum and fall down to ~175.
Last post: Important resistance levels are at 183 - 194 and 200
TRX leading the big cap army?Large caps are starting to look very attractive on the mid to higher timeframes.
- Big divergence formed and now wants to be confirmed
- Got a nice kumo breakout on the 6H that could be the start of a nice uptrend.
- OBV in a super tight channel on the daily.
- Sentiment is slowly shifting to 'hope', the next part in the market cycle...
A market entry here is fine IMO, as long as you place your SL below last swing low.
Also take a look at one of my older charts on the Bitcoin dominance:
Let the bulls have their meal!
TRX VS BTCImportant levels for Tron coming up. BTC stays bearish and Tron could go green for October. Looking to push through and retest August high for a proper buy opportunity.
TRON - Broke out of 2-Year Wedge, Bullish momentum comingLooking at Tron's daily chart, we can see that it has completed a 2-year descending wedge. So the overhead resistance which had prevented the price from moving higher is no longer there. I also like that the daily MACD is right at the zero-line. A break above this level is bull territory. The bullish signs are there. However, I'm not moving in just yet. I will be waiting for one of two things before buying:
1) Bitcoin to hit bottom - This usually gives the alts permission to move again. The alts are not dropping like they once did against Bitcoin, which suggests their bottom is close. However, even if TRX/BTC doesn't move at all on its Bitcoin chart, its USD chart will lose value. Waiting for BTC to bottom could allow you to buy TRX at a discount.
2) Buyer volume moves in and pushes the price up with force - We had a breakout of the wedge, but the price hasn't moved yet. We're lacking volume. I think once the volume comes, it will come with some force.
Keep Tron on your radar for good entry points. Getting in early as the alt season begins could be very lucrative.
TRON - $TRX - Are you ready for the next leg higher? We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher?
Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom.
Breakthrough that rising channel
Movering towards 223 sats
I believe that there is still more upside ahead! The potential on this one is huge!
We closed above (weekly chart) 170 satoshi! A great signal!
We here go
#TRXBTC #TRON $TRX #CRYPTO @justinsuntron
TRON : Things always come in threes..Hello traders,
While Bitcoin is showing signs of weakness ...
... some alts like BINANCE:TRXBTC give really strong bullish signals.
Here I used my Heikin Ashi Swing Trading Indicator on the weekly.
The last two buy signals in this setup have been followed by insane rallies in the past, and don't we say things always come in threes?
But staying in the weekly timeframe is a bit boring... I mean it's great for some swing trades but we don't have time right?
Let's dive in the 5 minute timeframe for some scalping !
Using my Scalping Bot Indicator , we've been able to make some quick profits already.
Here are the results!
> Start using my indicators for either swing trading or scalping, manually or automated ! <
Indicators used:
$TRX, Crossing above ~180sats resistance level, making a new HH$TRX
Crossing above ~180sats resistance level, making a new HH
If it manages to hodl/flip this level, then we may see new volume flowing in and pushing this asset to next target/resistance at ~220 sats (20%)
UCTS is signaling buy signals across many TFs
RSI at overbought
#TRX
Long $TRX on retest of previous resistance after a breakoutPrice is above the 21EMA which it haven't been in a long time. 21EMA is about to cross the 55EMA to the upside, last time this happend TRX rallied over 100%.
Looking at the chart it kinda looks like we are forming a rounded bottom, and considering how a lot of alts have been moving lately i think there's a possibility this could be some kind of reversal.
A daily open & close above resistance zone (red box) while the 21EMA crosses the 55EMA to the upside would confirm bullish market structure.
SL is very tight with this setup, it could be lowered quite a bit and still maintain decent R/R. But if we close above resistance and bounce we shouldn't trade back below the 21EMA
TRON - Long Opportunity, Risind WedgeTron (TRXBTC) is making higher highs, resulting in a Rising Wedge formation.
The price broke the Resistance Line at 0.00000184. A close of the 4h candle above this level confirms further bullish movement.
Expecting to reach Target I 0.00000192 - 0.00000195 and Target II 0.00000199 - 0.00000203 soon.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.0000017 ~ 0.0000016
Target Point: 0.0000018/ 0.0000019/ 0.00000204/ 0.0000023
S/L: 0.0000016
Risk: MIDDLE - HIGH
Term: Middle - Long
It broke Symmetrical Triangle but there wasn`t Big pumping
Pink Line was made in April, so we can except Big 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
=====================================================================
Tron divergenceI know that there was lot going on with Tron this year.
Even mr. Sun had few questionable moves which were not best received by Trons community.
All of that led Trx to fall to current prices.
We can't pretend that the tech behind Tron was superb and just 1 year later it's all gone. They have a good idea, Bittorrent was a really cleaver buy and their marketing strategy is just better than most.
Maybe way too centralized for the whole crypto concept, but they surely have their place in the future.
Said that, let see what chart analysis says about Trx:
We can see a huge RSI divergence developing for 5 months now.
I won't call it a bottom, but in my opinion the price shouldn't have gone below 300 sats in the first place.
This could be a great time to accumulate if you believe what Trx is and will be offering.
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.00000169~0.00000171
Target Point: 0.0000018/ 0.0000019/ 0.00000204/ 0.0000023
S/L: 0.00000165
Risk: HIGH
Term: Middle-Short
It`s making Cup Handle
Pink Line was made in April
When it break Pink Line, it will start real - pump !!
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Investment is your responsibility.
I'm just providing about coin`s information
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