TRXBTC trade ideas
TRX ANALYSIS (BOUNCE INCOMING!)TRX ANALYSIS:
TRX has fallen sharply down to support, but a deep scam wick was eaten up by buyers. The buy side brought the daily wicks above 200MA at 190+ sats. This is a positive hold. I expect the sharp decline to be broken up by a relief run back up to daily resistance. The take profit targets are at 200, 209, and 217 sats. Take partial profit at each step as the sell volume has been extreme. Very possible TRX is rejected again at daily block zone.
Possible Entries: 190-194 sats
TRON Getting Ready To Move (60.60% Mapped)For TRON (TRXBTC), we have prices trading in between EMA300 and MA200... As marked on the above chart.
Prices for TRXBTC went below MA200 (black line) just to quickly bounce back above this level while printing a higher low (light blue) compared to 8-Jan.
- So, on the 8th of January 2020, TRXBTC hit 0.00000171 and started to move up.
- On the 14th of February prices for TRXBTC peaked at 0.00000262, this is near EMA300.
- Now that TRXBTC retraced and tested MA200 as support, it is likely to go higher and test EMA300 at 0.00000250+ once more.
These signals are still early but we believe that TRXBTC can bounce here... We will see how it goes.
Feb 2 | Tron Conquers New Resistance, Extremely Bullish (600%+)
Remember to have a trading plan/strategy before you decide to trade.
The charts are always changing, what would you do if prices go the other way?
Always be prepared for all scenarios and do not get stuck on what you believe will happen next.
Reduce risk... Start small... Take your time before you trade.
This is Alan Masters...
Thanks a lot for your continued support.
Namaste.
TRXBTC formed bullish Cypher | Upto 29% bullish move expectedPrice actions of Tron (TRX) with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone.
Lets have a look on the TRX priceline's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action is entered in potential reversal zone of this bullish Cypher pattern, Now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00000206 to 0.00000191 sats
Sell between: 0.00000219 to 0.00000247 sats
Stop Loss:
The potential reversal zone area which is up to 0.00000191 sats can be used as stop loss in case of complete candle sticks closes below this level.
I will be keep posting more trading ideas.
TRXBTC: A final bull trap ahead? Hello,
In the short term, we can have a good opportunity for buying. However, in the long term, I think we can easily break through 140, perhaps even sub 100. Similar to my analysis on ADABTC , I do think that we may still see a significant downtrend in the next weeks or months.
GENERAL RULES TO KEEP YOU SAFE:
1. Do not risk more than 2-3% per trade!
2. Always use stop-loss!
3. Do not FOMO!
4. Do not add to a losing trade
THIS IS NOT A FINANCIAL ADVICE so, please do not follow it if you are in doubt. DYOR!
TRXBTC 1hHello everyone. In my previous BINANCE:TRXBTC idea, I told that there is a big possibility that correction has over. That idea still working and now im showing u opportunity for TRX on smaller timeframe. Instrument can go up from current prices, or go down to red line and then make reversal. As always, moving below yellow line will abandon this idea.
TRX/BTC BINANCE1D candles
As far as price stays in the parallel uptrend channel,
we have bullish movement
Bar Pattern repetition expected
MACD is crossing
volume is rising
If price breaks up or down the uptrend parallel channel,
If UP --> Tron is going to the moon and
If down --> New analysis is needed
Good Luck
DFT - Tron no surprise vs BTC-TP1 at the top of the cloud of the current rope
-TP2 at the next rope
Observation:
-The R/R is rather safe.
-Waves resultant holding the price is almost turning green.
-Long term cycles building slowly but surely a momentum.
-The Clouds of resultants from volume is stained by some red clouds but all volumes rope had been crossed by the clouds (can't popularized it more sorry :p)
Gl
TRON TRXBTC prepared for a rallyHey guys welcome for a fresh crypto update, please like and follow to support us
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TRXBTC sitting on 220 sat support zone now looks prepared for the next rally, which could take it towards 300 sat weekly resistance mark
if alts mcap keeps continue its growth than TRX will follow its path, incase if this trade goes wrong than 180 sat is the level to take an exit
better you proper manage your risk
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Thanks for reading...
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this is Husain Zabir, signing out
Thankyou...
TRXBTC. 61.8 is comming, buy low sell high.Hi there,
TRX againts BTC finished uptrend and now heading for retracement.
Our prediction for TRX againts USDT pair playing well.
For now strong support zone is placed at 61.8 Fib level + Demand Zone.
This collaboration is very strong for upside continuation.
PA tells RE-accumulation is already happening.
While weak crypto traders selling TRX - Big Money slowly buying bags.
178 days of accumulation will push price higher.
First sell of is done and re-accumulation is happening.
TRX should go for another Swing Highs soon.