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Tronusd

Limited upside potential. Still short.TRON has respected the limited upside space that the 1W Channel Down gave (RSI = 43.337, STOCH = 21.464, Highs/Lows = -0.0164) and is seen on a calculated decline on 1D (RSI = 35.799) with slow pace (MACD = -0.003, Highs/Lows = -0.0002), which indicates that this is the Lower High applying resistance pressure. You can take a short term target here towards 0.016362, but we stick to our previous target set on TRXUSD which is 0.01410, and under specific conditions (we will update) 0.009634.
BITFINEX:TRXUSDShort
by InvestingScope
2
Tron (TRX) Bullish breakout, likely another leg up. Careful!Like all the other altcoins, TRX has had a nice bounce from its lows. If you managed to catch it around that area, congratulations. I did pick up some TRX at 303 and will likely sell at 355. I am still bearish. This is because BTC is currently in a short term bullish reversal and it is likely we drop down again. I believe the 7.1-4k area is the maximum BTC can reach and expect 6.8k to be the top. Therefore, if you hold Tron, consider selling it near 355 which is the resistance or when Bitcoin peaks at around 6.8-7.4k. If Tron forms a strong bull flag, do not sell, since another leg up may be coming. A strong bull flag is when price just stays within the same range without slowly sloping down. The less we drop, the more bullish we are. I am bullish in the short term but believe this is just another bounce for BTC. Either way, there is 5% more to be made on TRX so trade safely. Thanks for viewing! I will respond to all comments below.
Long
by HD1184K
3
Tron (TRX) Still bearish, no sign of reversal, area's to watchTron has been on a huge downtrend with no sign of reversal still. This leads me to believe the drop is still not over and we have some more dropping inbound. The bullish divergence on Tron has long been invalidated. Currently 260 - 200 could be the bounce zone, but I think if BTC goes below 5.8k we might see under 200 sats per Tron. Therefore, if you have Tron, sell it now. I have long sold mine around the 400 sats mark, and have entered a short once Tron broke 324 sats. My advice is to avoid doing any sort of long. You may be right for a few hours before another dump occurs. Shorting is not only safe, but more profitable in this market. I plan on closing my long around 200-230 sats if we ever reach there. Buying right now is like shorting during the 2017 rally, there is no "too low" just like there is no "too high". The more we drop, the more opportunity there is in the market for the next bull run. There will be another bull run, we just don't know whether some altcoins will survive. I think Tron will survive, but many of the less valuable coins might be going effectively to 0. Thanks for viewing! If you have any comments, please leave them below. This has been the bloodiest day in last 8 months for cryptocurrencies.
Short
by HD1184K
4
Tron (TRX) Coiling stoch, Tron preparing for big movement.Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence. If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for your portfolio. The problem is that BTC might not have found a base yet, and TRX is still within the falling wedge. However, if you look at the stoch on before the previous run, we are developing something similar. XRP had something like this too. This development is on and off, but is worth noticing. Therefore, Buy in: 300-360 sat level Thanks for viewing! Hope you guys haven't lost too much money. If it makes you feel any better, I lost over 10% on TRX when I transferred it in order to vote, which required a lockup period of 3 days, which happened to be the time BTC dropped.
Long
by HD1184K
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.030) Ending of entry zone (0.025) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0346 TP2= @ 0.0405 TP3= @ 0.0435 TP4= @ 0.0506 TP5= @ 0.0557 TP6= @ 0.0643 TP7= @ 0.0729 TP8= @ 0.0820 TP9= @ 0.1005 TP10= Free
BITFINEX:TRXUSDLong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.030) Ending of entry zone (0.025) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0346 TP2= @ 0.0405 TP3= @ 0.0435 TP4= @ 0.0506 TP5= @ 0.0557 TP6= @ 0.0643 TP7= @ 0.0729 TP8= @ 0.0820 TP9= @ 0.1005 TP10= Free
BITFINEX:TRXUSDLong
by ForecastCity
5
TRON TRX Huge J-Curve - Unimaginable Profits - CryptoManiac101TRON had some corrections with attempts of breakout but when we look at bigger picture it becomes much more clearer that TRON's future could not be brighter with their dedicated team, ex-ripple labs executive, massive partnerships and potential connection to XRP in the near future. J-Curve together with W pattern is what we are looking at here. J-Curve will be confirmed within weeks and W pattern must be confirmed this month to be valid. TRON is keeper crypto, not short term investment. Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BINANCE:TRXUSDLong
by CryptoManiac101
10
TRONUSDT - Bittrex - High Vol/Volatility Strategy for ALT CoinsSimple 15min time-frame strategy using 4 classic indicators. TRONUSDT: (25% return over ~1.5 months = ~16.67% a month return on investment, 5.3% max drawdown, total of 48 trades = ~ 1 trade per day) Uses: 1. Nested bollingers (multiple lengths) 2. MACD 3. Fibo retracement 4. RSI IF: #1 (i.e. all bollingers are crossed) and; #2 (i.e. macd crosses) and; #3 (i.e. high/low fib lines are crossed) and; #4 (i.e. RSI bands are crossed) THEN: BUY/SELL 8 hours ago Comment: The following is applied to the back testing: 0.25% commission 5000 ticks slippage Recalculate after every tick Recalculate after order filled.
T
by uahmad99
False break-out. Bearish continuation intact. Short.Last week's bullish break-out proved to be false, as the price jump and breaking of the 1W Channel Down (RSI = 47.541) formation was only a false extreme on High Volume. It is possible that a new, less aggressive, 1D Channel Down has emerged (dotted parallel lines), although another Lower High/ Lower Low confirmation is required). In any case the underlying trend remains bearish on both 4H (RSI = 36.066) and 1D (RSI = 40.564) but on notable low negative MACD, Highs/Lows, B/BP. The 0.0311151 support is the real test, which if broken will hit our first TP = 0.030110 (March 09 contact point). 0.023083 remains the extension.
BITFINEX:TRXUSDShort
by InvestingScope
Tron (TRX) Breakout. Possible long position after flagging.Hey everyone, my last chart predicted sideways movement till the news so this was kind of expected. I believe this can be a great long position in anticipation for the secret project, as long as TRX can find support and form a strong bull flag. There is a medium chance it will be a false breakout. I bought into Tron at 440 so I'm kind of debating whether or not to take profit now. Therefore, Buy in: When bull flag forms. If we drop straight back down it was likely a false breakout and should not be trusted. With the secret project tomorrow there will be an increase in demand or selling pressure, so be careful with a smart stop loss. Sell targets: 573-600 satoshis. Stop loss: 464 satoshi level or underneath the bull flag's support area. I believe in the next few months TRX is going to have a good cycle again. As long as bitcoin can stay within the current range, a good 50% gain is possible.
Long
by HD1184K
4
Break out or false extreme on high volume? Still short.The latest price action has marginally broken the Lower High limit on the 1D Channel Down (RSI = 44.637 but on neutral ADX, CCI, MACD, Highs/Lows). However, this (minor) break-out is so far on a Lower High scale and can be a falst break-out based on larger volumes. It is more probable to re-enter the 1D Channel Down as 4H suggests (STOCH = 24.684, STOCHRSI = 3.686) than to break higher. TP still 0.030110 (March 09 contact point) with 0.023083 in extension.
BITFINEX:TRXUSDShort
by InvestingScope
Tron (TRX) Big market order boosted TRX up. Unclear signals.TRX broke out of the falling wedge netting me around 5% profit after it hit my stop loss. However, the Bitcoin ETF decision which has now been moved to September caused BTC dominance to rise, basically people moved their BTC out of altcoins. This is one of the reasons I strongly wish for more exchanges with fiat to altcoins so we do not need to analyze both Bitcoin and the altcoin charts before trading. Right now on paper it looks like we will be continuing down, but as mentioned, a secret project will be announced in 6 days, and as shown on the chart, there was a large buy order for TRX which caused a move up of around 6%, which might keep us above 400 before demand rises due to the news. Right now I would wait and see if Bitcoin can hold and what the dominance decides to do before moving funds back into Tron. I did pick up some TRX at 445, but a very small portion, with a stop loss at 400, but I'm fine with the risk. Thanks for viewing! Leave any thoughts you have in the comments below. I'll make sure to respond to questions.
Long
by HD1184K
4
A trading opportunity to buy in TRXUSDTechnical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.034) Ending of entry zone (0.030) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0405 TP2= @ 0.0435 TP3= @ 0.0506 TP4= @ 0.0576 TP5= @ 0.0658 TP6= @ 0.0739 TP7= @ 0.0820 TP8= @ 0.1005 TP9= Free
BITFINEX:TRXUSDLong
by ForecastCity
A trading opportunity to buy in TRXUSDTechnical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.034) Ending of entry zone (0.030) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0405 TP2= @ 0.0435 TP3= @ 0.0506 TP4= @ 0.0576 TP5= @ 0.0658 TP6= @ 0.0739 TP7= @ 0.0820 TP8= @ 0.1005 TP9= Free
BITFINEX:TRXUSDLong
by ForecastCity
5
#TRON #Crypto When Will Bulls Take Over?!Hi guys, Today I have brought you TRXUSD in the 4 hour chart. TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or month however you want to call it. It is sitting at an important level where bulls can take it over. But for this view we still need some time for a confirmation. I have drawn you 2 possible scenarios in the chart above. I am looking at any of them. But important to mention is that in case it breaks for any reason the 0.031080 lows, then this analysis will be invalid and we can still see more downside. But lets wait for now and see what TRON will do in the coming days. Also Tron will reveal some important news in another 10 days. (TVM) Lets see. Hope this helps. Cheers and trade with care Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
BITFINEX:TRXUSDLong
by TradeFxTrends
Target hit. Channel Down on full deployment. Short.TP = 0.034219 (March 22 contact point) hit, as TRON complied perfectly to the projected Channel Down pattern on 4H (RSI = 30.223) after a smooth rejection off the first pitch resisting line (red dots) seen by the low Highs/Lows = -0.0013, B/BP = -0.0025. Those however indicate a more steady decline that will see hitting our next TP = 0.030110 (March 09 contact point) before the 1W closes and the final TP = 0.023083 (March 18 contact point) by next week. The 1D Channel Down (RSI = 30.222, Highs/Lows = -0.0033, MACD = -0.004, ADX = 46.584) is balanced enough to ensure a calm pace for TRXUSD during this downtrend.
BITFINEX:TRXUSDShort
by InvestingScope