TRXBTC trade ideas
Top 8 BTC Markets for Swing TradingI backtested every BTC market from Binance, from january 2018 to now, using the strategy tester.
To get a clear picture, I backtested all those pairs on the same time period, from the year 2018 in january to today. The results include only long trades with no leverage, as in successive Buy and Sell orders.
Most altcoins have been performing badly in 2019 with the bear market, making it hard for a Buy & Sell strategy to be profitable. However I managed to list 20 coins with which the strategy was profitable and beating the Buy & Hold return.
Here is the top 8:
ONT/BTC
Link/BTC
Enji/BTC
TRX/BTC
Holo/BTC
ETH/BTC
Iost/BTC
Cosmos/BTC
The indicator I use to backtest and create automated alerts is private and called Cyato H.A. Swing. It uses an Heikin Ashi bullish and bearish candles strategy. The goal of the indicator is to quickly find and setup a Buy & Sell strategy, on any market.
You can get it using the link below.
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Ascending triangle beginning of an uptrend?On the 4 hour TRON shows an ascending triangle and the question is whether it can continue the new obtained momentum upward. The RSI is looking healthy, the MACD is about to cross in bear territories.
Short-term target will be 220 sats (12%) but it can go even higher on mid-term.
A lot is dependent on what Bitcoin will do in the next couple of days.
Let’s see what she does next. Don't forget, do your own due diligence before committing to a trade.
$TRX, Breaking from descending trendline $TRX
Breaking from descending trendline & crossing over ~186sats resistance following the activity that the market is showing today..
If continuation happens, targets at 215/245/275 sats
Do not FOMO or buy at the top of a candle, wait for retests/flips to minimize risks!
#TRX
TRX/BTC TA Update (Bullish Breakout Confirmed?)TRX/BTC
TRX finally broke bullish of this descending channel and manages to get above the 50D MA.
Our immediate support area is between 192 - 186 sats or the 0.5 Fib.
We can see two bullish green volume below indicates this uptrend has genuine bullish momentum.
Tron TRX update. Trade as you see fit. Broadening Wedge?Hi all,
A quick update on TRXBTC. I see this playing out, really good for quick scalp trades, which I will be doing. I do have longs open from a previous post a while back, that caught trx in the buy in range perfectly.
Also, just had a test on the falling wedge, though I would have liked to see more buy volume since this was practically non existant. Furthermore, use larger timeframes and plot key trend lines, volume and basic TA.
Im not here to say when to long, short or how much leverage to use. If you're on here, you should know.
Trade safe, and always keep an eye on BTC.
A small fish in the ocean is all I need
The Gatekeeper
Tron Breakout Of Falling Wedge, Challenges EMA50 | TargetsTron (TRXBTC) is now breaking out of a falling wedge on increasing volume, giving out a strong bullish signal.
We can also see that EMA50 (yellow) is being challenged right now and a close above it can send TRXBTC flying up (green arrow). You can find additional targets if you zoom out.
Here you can find Tron with leverage (TRXH20):
Thanks a lot for reading.
Namaste.
TRX/BTC TA Update (Bullish Descending Channel?)TRX/BTC
TRX is testing the downward trend-line again and if TRON fails to get above it. I can see a minor pullback to 180 sats area to form a potential Higher Low.
And if that Higher Low holds, chances of breaking bullish of this descending channel is likely to happen.
The RSI is also giving a bullish divergence, keep in mind the price is trading just above key golden support 0.618 level.
TRX/BTC TA Update (Retest of bottom channel?)TRX/BTC
TRX broke support at 180 sats area, this rejection from descending channel will send TRON down to 167-160 sats if no follow-through from the bulls to bring the price up.
There is a potential for the RSI to hit oversold levels again before a pullback to happen.
A retest of the bottom channel of this pattern will give traders a chance to open Long positions if a sign of reversal appears.
TRON TRXBTC Target Achived and 40% ProfitTRXBTC Chart Review Analysis:
TRXBTC short entry was given at 490-493 Satoshi.
and Price exactly Hit our Short entry Zone.
and I also told you About 12 hour Bearish analysis.
and now Price of TRXBTC is 179 Satoshi.
almost 8% Profit without Leverage .
and
40% profit from 5x Leverage.
Now Price stay above Current support level.
if this level breakdown then we can see next 166 Satoshi of our next target.
TRON TRXBTC Technical analysis Short Term ChartTRON now Price is 187 Satoshi
And I shorted TRXBTC at this level and also 193 Satoshi.
Best Entry 193 Satoshi filled.
Trendline Resistance Rejected with strongly.
I can expect next level for My position Close its can be 166-176 Satoshi.
because 166 Satoshi is very good support of Trendline support .
And 12 hours death cross also happened before some day so I am still bearish.
Safe trade
Book Profit
TRON TRXBTC Technical Analysis Mid Term and Short TermTron Now Looking Neutral and Current Price of TRXBTC is 185 Satoshi .
And price sustain same price around 15 days.
and There are two scenarios
1st if one spike occurs then 193-199 Satoshi is my best Entry For Short.
And also Shorting TRXBTC at this Current Price and if spike then I will average my Short.
and My Target will be 167 Satoshi.
If You are Waiting for Short then 193-199 Satoshi is best price for Short.