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TRON / Bitcoin

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TRXBTC trade ideas

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 Don't forget to click on the thumbs up button Follow my channel for future Altcoins TA updates www.tradingview.com Join Free Trading Community Chat Group t.me Trading is simple, don't over complicate things :)
Long
by PolarHusk
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.
by FrenchRandomGuy
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 !!! ===================================================================== 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 =====================================================================
Long
by timbearr
TRON Is Up On An Ascending ChannelTRON Is Up On An Ascending Channel, And May Be Close To Getting Exhausted RSI has a bearish divergence. Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades. >>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<< Constructive and positive comments are welcome. Be courteous. Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts. More Power To All Your Trades, Ron (The Intrepid Trader)
by RSibayan
TRX on the move?Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. I am currently simply trying to get in the game, learn and only bet very tiny amounts (10$ per trade). I am not a day trader, I'm looking for opportunities on longer time frames ( daily charts ). I also use only very simple indicators like moving averages. What I see on the chart: Like my 2 other ideas published today, TRX has formed a very nice cup and handle with a strong short time support at around 210 satoshis. It is after all a pretty simple and easy pattern to see. If that handle confirms its shape, we will likely retest a resistance at around 250 satoshis. It doesn't look to be that hard of a resistance to push through. The more likely hard resistance will be at around 300 satoshis which constituted a historical and strong support for Tron. However, that would still be a 30% increase from its current price. Second, we've formed consistent higher highs and higher lows from mid-september 2019 showing a good and steady uptrend. Third, the daily 200 MA (going down) and the daily 50 MA (going up) are on a colliding path which tends to be the sign of a major rally on most assets. The last time (4th of Jan) this meant a 110% gain for TRX when the 2 crossed. Entry: now or wait for a retest of the 210 support. Stop-loss: if you enter now, around 200 satoshis.
by h311m4n
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
Long
by AzizKhanZamani
3
INTRADAY MARKET UPDATEThe red column indicates to sell and the green column indicates to buy... Look at the most recent bar to see if it is a buy or a sell. Follow us to get updates on here every 2 hours for our system! To effectively use our system you need to trade XRPBTC , EOSBTC , XBTUSD , ETHUSD , LTCBTC , TRXBTC , ADABTC and BCHBTC all at the same time on BitMEX. Our research shows that by creating a portfolio of trades we can reduce the drawdown on our portfolios on BitMEX. We keep 8 positions (1 on each) open at all times and swing trade following our system. We are committed to helping traders get to the next level Expected profits for 12 months following our ideas. 1BTC to 30BTC X1 leverage 1BTC to 100BTC X2 leverage 1BTC to 1000BTC X3 leverage Best regards, Ryan Grey
by GREYFXEMPIRE
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.
Long
by AlanSantana