TRXBTC trade ideas
Real alt seasonBINANCE:TRXBTC
Hi.
In my previous prediction we learned that btc price should be at really good price to entering altcoins OK now we have break btc wedge and btc price is really tempting.
Now I think we may expect a really alt party and I think trough this party btc price will rise.
We will see market behavior and till then we are long on all alt exceptionally TRX.
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.0000017 ~ 0.0000016
Target Point: 0.0000018/ 0.0000019/ 0.00000204/ 0.0000023
S/L: 0.0000016
Risk: MIDDLE - HIGH
Term: Middle - Long
It broke Symmetrical Triangle but there wasn`t Big pumping
Pink Line was made in April, so we can except Big pumping !!!
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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
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Tron divergenceI know that there was lot going on with Tron this year.
Even mr. Sun had few questionable moves which were not best received by Trons community.
All of that led Trx to fall to current prices.
We can't pretend that the tech behind Tron was superb and just 1 year later it's all gone. They have a good idea, Bittorrent was a really cleaver buy and their marketing strategy is just better than most.
Maybe way too centralized for the whole crypto concept, but they surely have their place in the future.
Said that, let see what chart analysis says about Trx:
We can see a huge RSI divergence developing for 5 months now.
I won't call it a bottom, but in my opinion the price shouldn't have gone below 300 sats in the first place.
This could be a great time to accumulate if you believe what Trx is and will be offering.
Today`s ALT!!! TRXBTCBINANCE:TRXBTC
Exchange : Binance
Coin: TRXBTC
Buy Zone: 0.00000169~0.00000171
Target Point: 0.0000018/ 0.0000019/ 0.00000204/ 0.0000023
S/L: 0.00000165
Risk: HIGH
Term: Middle-Short
It`s making Cup Handle
Pink Line was made in April
When it break Pink Line, it will start real - pump !!
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Investment is your responsibility.
I'm just providing about coin`s information
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Exit from TRX when it will close below 0.00000250 btcAs you are aware, BTC is very bullish and heading towards USD 80000 by the first quarter of 2020 (As per Peter). TRXBTC pair has created a systematic H&S pattern and near to breakdown.
We should close TRXBTC position if it closes below 250 BTC
Sell at: 250
First Target: 203
Second Target: 133
third target : 30
Regards,
Vikram
$TRX, Trying to break from resistance level at ~180sats..$TRX
Trying to break from resistance level at ~180sats..
Volume has been increasing over the last days
UCTS Buy signal on the daily chart
RSI about to reach overbought (bullish) levels.
Crossing EMA50
If confirmed first target around ~200/220 sats (20% from here)
#TRX
$TRX, Starting to show signals of life following the Alt markets$TRX
Starting to show signals of life following the Alt markets movements
Crossed above ~155 sats resistance level as volume is starting to rise (still low)
UCTS Buy signal on the 1D chart after several months of downside
~180sats as 1st target (matching EMA50)
#TRX
Is it On in TRON?Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.