TRXBTC trade ideas
TRXBTC - Doesn't look interestingLooked with one eye at TRX and found nothing interesting. Sitting on the support, low volumes, didn't react strongly to recent sudden BTC movements.
So, won't touch it yet. It will start look good for me if we get a weekly close above the previous one.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
TRXBTC is ready to explode 🦐TRXBTC is ready to explode, the price attempts to break week structure.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
TRXBTC Inv. Head & Shoulders|Daily Support|Golden Cross|.618 FIbEvening Traders,
Today’s Analysis – TRXBTC – breaking out of an inverted head and shoulders where price consolidation above key levels will change the trend.
Points to consider
- Neckline breached (Pattern Validation)
- Daily support breached (Golden Cross confluence)
- Structural resistance confluence (Technical target)
- Oscillators cooling off
- Volume follow through (Continuation)
- Valid long on retest (Risk defined)
TRXBTC breached its neckline and established a technical higher high; validation of the pattern, bias is now bullish.
The daily support level is in confluence with the 200 MA, an official golden cross has also been established, further solidifying the importance of the level.
The technical target is in confluence with structural resistance, price action around the area will help with trade management.
Oscillators are both cooling off from overextended levels. Retest of daily support will magnet oscillators towards their respective equilibrium (50 levels) before a probable impulse. This allows for a more RISK defined entry.
Volume needs follow through for momentum to sustain, this will be key upon a retest of daily support.
Overall, in my opinion, a long trade is valid at daily support (retest), the .618 Fibonacci being an over extension. This retest must be backed by volume for follow through, failure will lead to trade invalidation - candle closes below daily.
What are your thoughts?
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And remember,
“Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.” - Michael Marcus
TRX-BTC cup maybeGreetings,
TRX has broken through the level of 190, when the daily chart closes above this level I will take a long position. I think that they will definitely take off the stops to avoid taking extra passengers on this train. Maybe we wanted to draw a bowl with a pen? What do you think? But the depth of the bowl coincides with the next resistance level at 240.
I don't encourage you to buy in my wake, do your own analysis and make your own decision.
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I'm also reminded that I have a telegram channel where I post trade ideas more often.
Bitcoin + 5 Cryptocurrencies Analisis Hello traders,
In this video we eu analise the bitcoin and more 6 cryptocurrencies that are interesting for swingtrade.
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Finally we have arrived to the 5th wave of 5th wave on CLFG....... i would never short the final wave. Im ok to take a 50 percent beat right now if need be just so I dont have to fight for the bottom
Appears to just be backtesting the breakout line.... neutral Maybe we wont get down to my target.... kinda waiting for the double test of the line which should be the event we want to long
UPDATE INDEX INDEX ONT ZIL TRX XLM MTL CMTONT 20%
ZIL 20%
TRX 15%
XLM 15%
MTL 15%
CMT 15%
update for the first and 2nd targets, time duration aprox. 1-3 weeks
please check previous stage
original entry was 1933
maintaining targets
3000
6000
10000
15000
20000
no trading advice
TRX sideways or bullish? What is your opnion? Hello, Traders,
TRX/BTC is inside accumulation box on the daily chart, but the important support levels it seemed that it held the price very well above this level and, now the bulls are trying to take control of this asset, what we can expect for this asset?
Will the price continue in a sideways trend or will it revert to an upward trend? I think it's too early for us to know
To state more accurately the price would have to break the region of 200 satoshis and make a Pull back on the support, in that case, the upward trend would be quite clear in my opinion.
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TRX/BTCHope you all folk have a great day this is another opportunity just for learning purposes ;) Lets see what happens
TRX/BTC - LONG - POTENTIALPAIR: TRX/ BTC
T/F: 1HR
LENGTH: MEDIUM/LONG
ENTRY: 184
TP1: 187
TP2: 192
TP3: 198
TP4: 205
TP5: 215
TP6: 227
TP: 239
S/L: 177
NOTES:
- Sitting on support
- Oversold
- Breakout to pullback
- Strong Uptrend
- TRON 4.0 will launch on 7th July 2020
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile.
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
Bullish TRON (TRX)? Next Easy Target MappedWe've seen so many altcoins produce great bullish action... But what about TRON (TRXBTC)?
Here we have multiple signals that are now pointing to growth... Let's have a quick look at those:
We have prices trading above EMA10 and EMA50.
Switching the potential from bearish to bullish.
We have low volume while breaking resistance, supporting the bullish trend.
The MACD is above zero and showing a bullish cross.
The RSI is considered strong/bullish above 50. For TRXBTC on the daily timeframe, the RSI is now at 60+.
Looking at these signals, we can say that TRXBTC can easily jump.
Remember to have a plan if you decide to trade.
The charts are always changing and this one here can also change.
If prices break and close below EMA10, the above analysis becomes invalid and a new one is needed to better know what will happen next.
Thanks a lot for reading.
Namaste.
TRX / BTC — Possible reversal zone for TRONTron is in the range from 250 down to 150 for past year, looks like it can have massive breakout in Q3-Q4 2020. Let's hope for best. On chart mid-term idea. Keep it safe.
Como failure by price upMaximum sales area failure (30) by RSI and above
Failure of the signal line by the MACD line upwards
100 failures by CCI and above
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