TRXWETH_99950B.USD trade ideas
Tron is going to reach our target!as you can see in our last analysis in tron. we took long position and right now we seeing that the price is growing up. right now you can take this position but take a smaller stop loss.
TRX\XRP Update - TRX Looks Ready To Rise - XRP Still Moving UpTRX Has broken above 15 cents so I thought I would give an overview using the latest analysis for these Crypto's.
In this video I discuss how these pairs are moving in relation to the Wave D in the Dow Jones.
I discuss the waves we are seeing and what to expect.
I believe these are bear market rallies but that doesn't mean we cannot make profits along the way.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Tron - Cup and Handle Formed : On the way to 20 cents $.20Tron - Cup and Handle Formed : On the way to 20 cents $.20
TRX Breaks Bull Pennant & Shoots For $0.20-TRX breaks out of week long bull pennant
-Bears defend $0.15 as key resistance
-12 hr stochastic RSI Indicates there is more juice in the tank
TRON , the 17th largest cryptocurrency, has had a bullish week rising nearly 45% from its low of $0.10 on April 8th. Along with this rally, other top altcoins have joined the party such as Binance Coin (BNB), XRP and Stellar Lumens (XLM). This may only be the start as TRX has broken out of its been pennant rallying nearly 20% today.
At the time of writing, TRX is in limbo between two important support & resistance zones as the bulls try pushing for a new 2021 ATH. The immediate support level is near $0.138 which happens to be the previous high of TRX set on April 5th. After the price broke out & retested its bull pennant, TRX quickly reached immediate resistance level of $0.151.
The bold resistance level of $0.151 is the mark for TRX to break and hold to have a shot reaching one of the last resistance levels ($0.20) before all time high. If the bulls fail to break this level we can expect the price of TRX to stabilize in the $0.127-$0.138 zone.
Viewing the Stochastic RSI (blue and orange), bullish sentiment is seen as a 4 day reset in oversold conditions have shot the value past 50 confirming a bullish upswing. This indicator is considered to be bullish anytime the blue moving average is above the orange moving average. Looking at the Relative Strength Index (RSI), the value has crossed into overbought conditions which is where the large bullish price movements occur. These conditions indicate TRON has switched to bullish mode and the bulls aren’t tired yet.
TRX intraday levels
Spot rate: $0.146
Trend: Bullish
Volatility: High
Support: $0.138
Resistance: $0.127
High bullish sign for TRX in the next coming days !Trx have been performing extremely well last couple of days now its time for his last pump until a new long term short . The clear bullish flag give a clear preview of what coming for the next week or so. dont wast your chance !
place a stop loss at 0.11 or so .
TRX, THE SLEEPING GIANTThere is awesome cup pattern. Just follow the market points and do your own risk management. This is my personal observation. Not financial advice.
I decided to sell TRX, what I did wrong in my analysis? xd
RSI Overbought - Check
Pitchfork Barrier - Check
Pennant - Check
Doji Candlestick - Check
Any ideas or suggestions are welcomeee
KRAKEN:TRXUSD
LONG TRX (Tron)going long on TRX-USDT and TRX-BTC. It is going to pull the move XRP did. target at 305-320 sats.
TRX aiming for it's previous ATHTRX is aiming for it's previous ATH on USDT pairing and major resistance on the BTC pairing at 310 sats. IT has a lot of momentum with good volumes and is just breaking out of an ascending triangle on the 4hr TF.
Trx breakout Alert !!Hello Guys,
Trx is about to breakout from bullish symmetry triangle.
keep an eye
Target is 0.2$
Cheers.
Tron is going to rise up!at firs wait to breakout after that wait for a pullback to marked place and then buy an go up :)
