TRONUSD trade ideas
MY MINIMALIST CHART ANALYSIS FOR TRON
$TRX
12.04.21
0608H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT: Done with BEAR TRAP, and now must go back to recent support before the BIG PUSH UPWARDS.
LOOKING FOR THE BEST ENTRY to a SWING TRADE.
We are now looking at a NEW ENTRY POINT in which the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for the final accumulation and distribution and then the COILING of THE MARKET.
The previous SWING ended pretty well with amazing profitability.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
TRX/USDT Bullish diverging Start Now Hey, This is Tayyab Riaz Here Today we are discussing a Blockchain base Coin that's named Tron.
on 1 Day chart Tron looks bullish as MACD and RSI Indetacor and in the chart FIBR .
The wave lines show double top and double bottom if Tron reached our 1st buying target we hope it will cross 2 buying point with 60% Profit
If u feel good about our signal like and share and follow me for regular updates.
Signal By #BTM Team
#TRON
#BTC
#TRONanalysis
Monday morning with TronTron is riding the wave right now. The way I make money in this market is by using ETORO's profit stop loss option. You don't lose money when the market's down. Additionally, if you use the Take Profit option, you'll be able to take profits at your discretion. I entered this trade at .945 and I'm looking to take profit at 0.1017 since we have resistance at the previous level. Let me know your thoughts about this trade. If you have questions be sure to leave them inside the comments and we will make sure to get back to you.
TRON preparing a parabolic rallyTRXUSD may be at the final accumulation phase before a strong Parabolic Rally. It is trading on a Golden Cross on the 1D time-frame since mid September but is under the Resistance of the Lower Highs trend-line that started on the April Top.
We can see almost the same sequence printed from September 03 2020 to January 30 2001. The price was at the time trading sideways, under the Lower Highs pressure but supported by the 1D MA200 (orange trend-line). When the Lower Highs trend-line broke and closed more than one 1D candles above it, a strong parabolic rally started.
The target of that rally was the 1.5 Fibonacci extension on the Channel pattern. Will that be the case this time around also?
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An idea based on retrospective patternsHi every one , this idea is based on chart patterns in the past.
The bell arcs is possible routes where price could touch based on its movement in the past and is based on equal rise and fall in the past idea. although the whole scenario could occur in a rising or falling road map.
prediction at low points attained based on ATH point ray line to present high points and confirmed by bell arcs rise and fall equality.
predicted high point is attained by present high points ray line combined with a scaled chart pattern in the past and predicted low point mentioned above , and confirmed by bell arc.
any way this is just and idea. what do you think?
TRX / USDHello everyone🙋♀️ , welcome to my new analysis 🥰
daily-log of TRXUSD : TRX started to decline again after a good growth to the level of 0.13 and has reached the price of 0.1016 so far and the failure of support will expect a drop to the price of 0.097.
In the short term, TRX is still lower than the 50- and 21-day moving averages, and if it can respond to this support level, it can stabilize higher than the moving ones.
Short term resistance will be 0.1142 in case of any price growth.
TRON (TRX) 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
TRX/USDT
TREND ANALYSIS
We have 2 Downward trend in red color
We have 1 daily Uptrend in green
The wider the trend the stronger the trend
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Hourly levels can be found on the 1H trx chart.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
TRX/USD (30MN) Bullish wave We2Hi Traders
TRX/USD (30MN Timeframe)
A HIGH probability, entry signal to go LONG will be given with the upward break of 0.1128 after the market found support at 0.1094. Only the downward break of 0.1094 would cancel the bullish scenario.
Trade details
Entry: 0.1128
Stop loss: 0.1094
Take profit 1: 0.1159
Take profit 2: 0.1199
Score: 8
Strategy: Bullish wave We2
Monthly Contracting Triangle CountThis contracting triangle with reverse alternation is probably the better count compared to my last chart, both are still possible but this is my new primary count because it can also be applied to BTC, ETH, and other cryptos. It also fits better on the higher timeframes and it explains why this drop was unusually violent and out-of-the-blue, which means it's likely to get retraced completely, and when the REAL bull run begins things will get a lot more exciting than they did this last run.
This is a very bullish count, but it implies we're still in the correction which began in 2018 and we will probably drift up/sideways for the next 9 months while wave-E finishes up, and most cryptos could even hit ATH this year. After wave-E is finished, TRX will probably begin its vertical journey towards $10+ in 2022. Most cryptos will probably follow a similar pattern of drifting up for the rest of the year and then going vertical in 2022.
My guess for the catalyst is SEC v Ripple going to trial and completing in Q2 of 2022, with a favorable ruling that Ripple's marketing of XRP was legal and not under the SEC's jurisdiction. A favorable trial outcome will allow titans of crypto like Ripple, Tron, EOS, and other developers with extremely deep pockets to begin massive marketing campaigns without fear of violating US securities laws.
It also seems likely that the crypto market has already reached the bottom because wave-a of E is 61% of the price of wave-C, but I wouldn't completely rule out a trip to under 6 cents until TRX moves above 10 cents.