TRX\USD - Update On The Latest Price Action And A Little Extra..In this update I go through the waves, this time with a little more conviction and even going as far as to label small degree waves.
How about that...
Learning the waves is like going on Google Maps and learning every street in your neighborhood back to front and knowing them like the back of your hand.
Then you could plan a heist.
Same thing with the waves, you can gain a lot or save yourself pain simply by knowing the patterns at all degrees starting from the largest degree.
There is so much more to cover so I better get on with it.
Please see related ideas linked down below.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Tron
TRX/USDT Regression TrendlineAfter breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more
(0.15500-0.15400)
(0.14600-0.14400)
(0.13200)
I'm still very bullish and holding my TRX in my spot wallet. But I will wait BTC daily closed candle.
If,
-> closed above 62k , I will look for new entry points for TRX futures positions
-> closed below 59.4k , I will not open any position
-> closed between, be on alert to 4h candle closed values.
BTC
$Trx 4 hour chart idea$TRX seems to be respecting the ma20 to n the 4 hour chart as support.
I expect it to drop until it meets the ma20 then move up again untill somewhere around .177/.178/.179
It appears it could be a few days before it tests .179, maybe 3 days or so, but who knows, if btc moves, everything moves so watch btc, watch the bounce up from ma20 on trx. Stops to save, if it collapses on testing resistance
Tron (TRX) - April 17Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We'll have to see if we can climb above the 0.16863512 point for support.
If it falls, you need to make sure you get support at 0.13660268.
In particular, it remains to be seen if it can rise along the uptrend line.
If you fall at 0.13660268, you need a short stop loss.
If it falls from the 0.07253780 point, a Stop Loss is required to preserve profit and loss.
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(TRXBTC 1D chart)
We must watch for any movement that deviates from the 234 Satoshi-288 Satoshi section.
It remains to be seen if there is a movement to break above the 318 Satoshi point, which is an important point.
If it falls between 154 Satoshi and 181 Satoshi, you need Stop Loss to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
TRON 2HR, shitcoins can still make you richdo not underestimate the power of tiktok hype, cant stand the community but man they can make the price move, example doge coin.
Respecting the trendline very well with lower lows, very small green trigger wave and alot of upward momentum coming.
check bottom indiactor, white dotted line pushing up and wave drawn out to continue upward.
I am in since 0.09 and not selling a penny under 0.20 cents.
tiktok hype price 0.35$
Update TRX/USDT. Rejected Fibo 0.618 but still very bullishIt rejected from fibo 0.618 (around 0,16751) 4h RSI is nearly overbought . The view make me very bullish still. Daily RSI is rising.
I am rebalancing my TRX positions:
I closed my x2 futures position with 36% profit (Entry Price: 0.13628, Closed Price: 0.16635) . It can still break the fibo level after daily close but I will look for new safe entry points.
I will still hold my TRX coins on my spot vallet. If fibo 0.618 will be broken, I will add my futures profit on my spot position. I will hodl until my target ( fibo 0.5 0.17543) reached in the daily chart.
If the price retests 0.15400-0.15806 level, I might consider open an new futures position.
Those are my strategies, not a financial advice.
Have a huge profitable days.
TRX SHOULD I BUY & AT WHAT PRICE ?If you are reading this is because you planning to buy TRON or like me, you already bought and want to buy it again.
People asked me about this token a lot. My opinion : I like all the fundamentals about this project. TRX brings to
the crypto market a solid blockchain and innovations. I have been following Justin Sun and reading about all his projects since 2018.
In summary : a sound long term investment.
Where to buy it : I am waiting for a retracement to get in again for a LONG HOLD.
TRX\XRP - Update On The Coming Reversals + Small Degree AnalysisIn this quick update I talk about the signs of a reversal in the TRX\XRP pair and what that means for both Cryptos in the short term.
I also drill down to the smaller degree and explain how I see the waves.
In my opinion TRX follows Bitcoin whereas XRP follows the NASDAQ\Dow Jones.
These are very important distinctions which I will be elaborating on as I analyze other Cryptos when I resume the series in the coming days.
For now I just wanted to share this update as I continue to track every movement these two Cryptos make before we start planning for what comes ahead.
See related ideas below.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Update !! TRX/USDT is Retesting down-trendTRX is retesting downtrend which is broken 2 days ago. Everything is going natural. Still there is no close below EMA 21 and EMA8 is going above EMA21 ( green up triangle represents where EMA8 crossed up EMA21) , which means to be direction is still upward. Also 1h RSI is oversold.
A strong support area (red oval circle) has been formed, supported by:
EMA 34 (purple line)
10-days-long down trend
15-days-long up trend
Fibo-ext 0.236
I am still behind my goals in my previous analysis. You can check it from below if you miss it. I think the uptrend will continue in the near future.
If you agree or disagree, you can leave a comment :) . Have a huge profitable days.
(Not a financial advice)
1Inch and the reason I love it right now - Atlseason 20211inch is technically ready to go price discovery .
In March it reached a new ATH of 6.32$ (585% up move) and consolidated since then.
It was its first SOS (Signal of Strenght). Usually, new coins get slower and slower in their cycle.
But... this one is new!
With a market cap on ''only'' 862M, it has a lot of space to grow.
It remembers me also of UNFI after its first cycle, it went crazy from 4$ to 30$. See under i'll post a comparison.
LTC is another coin ready to ride BTW, i posted a couple of times on it.
Not saying it will but it could!
DYOR
TRX\XRP Update - TRX Looks Ready To Rise - XRP Still Moving UpTRX Has broken above 15 cents so I thought I would give an overview using the latest analysis for these Crypto's.
In this video I discuss how these pairs are moving in relation to the Wave D in the Dow Jones.
I discuss the waves we are seeing and what to expect.
I believe these are bear market rallies but that doesn't mean we cannot make profits along the way.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.