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TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price. $TRON $TRX
BITFINEX:TRXUSDLong
by ferGOD
2
TRX/USDT (Test Weekly Key Level?)💎Technical Analysis Summary💎 TRX/USDT -After a good bounce from EMA23 two weeks ago -TRON is likely to retest its weekly key area of support -Due to BTC Dominance increasing value these few past days -Many altcoins are pulling back from their recent gains or lows -But looking at the long term view for TRX -As long as this EMA and a key area is holding -There are still chances for the Bulls to recover back up -For now, we will have to see for any bullish reaction in the green zone -It is not a good time yet to buy heavily on altcoin when they are showing weakness -I'm currently out of any swing positions and will look for re-entry soon -Be careful everyone especially those holding any altcoins -Please book in some profit or have a stop loss always ready ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TheDeFiPool 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
by PolarHusk
12
TRXUSDT , In the exactly way of 1st target ...Hello guys According to our last analysis we shown on chart buy zone area and exactly that zone was activated and with ascending cover candle we can take long position and buy TRX and wait until 1st target , and this time the market exactly is moving like our prediction and in the way of first Tp , we should wait for take new position after first Tp reach we can update chart for others target and we will publish new chart And others things is in these 2-3 days Justin Sun is in dubai in Seminar of blockchain , this is a good news that can jump the price Be patient and enjoy your profit Previous analysis Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00
TRON Breaking Out Off Strong Support - Good Potential LongI really like the potential of this long entry as TRON breaks out off of strong support. Reason being is that even if the price reverses after the breakout, good support is there. TRXUSDT has one of the stronger USDT charts out there following BTC's collapse. It could indicate that the bulls are ready to push the price higher. The only caveat that could foil this plan is if BTC continues to sell off so have your SL ready below support just in case.
Long
by jpbrown1023
TRON at a 13% Discount - Potential Entries Before Next Leg UpA quick post that I thought was worth mentioning. Tron reset the RSI correcting ~13% since last night. When I saw that it was sitting on a confluence of support level from several different trends, I couldn't control myself and bought some more TRX at this 222 sat level. Bitcoin just had a little shakeout to $46750, but maintained it's bull flag. If it can show some strength and have a solid breakout beyond $48,000, I think we can expect a bullish continuation from TRX. The price could really fly if it breaks out against BTC.
Long
by jpbrown1023
Tron TRX Ready to MOON LONG NOW !!??? TRON TRXTaking a look at price action you can see that the most recent pullback was a retest of key support and resistance and on top of that we formed hidden bullish divergence on the daily time frame !! A short term break and rest of our most recent high which lines up with an area of support is holding strong In my view holding this level could allow us to run up to the next level of resistance If we execeed that level expect TRX to ATH 30 cents !!!!!
Long
by Olutobi-Ogunsemore
TRXUSDT Mid-term AnalysisHello guys According to this chart We had finish a rally a few weeks ago and until 3-4 weeks ago we are in downtrend until the important zone that we shown on chart support the price After the second zone that shown in pink color we can say up trend is beginning and we are in floor price upward trend until the pink zone is not break down with powerful candle and close it below them the up trend is valid you can buy and take long position in buy zone and then put stop loss where we are putting it then put TP and watch we think this year with this bullish market TRX can touch target over a dollar ( 1$ ) but this is just prediction , the market should move and then we update our analysis and predict new target Trx project is powerful Good Luck Abtin
Long
by Abtin00
2
TRON - 3.5 Year Bullish Wedge Near Completion, Get Ready!TRX isn't on many radars as it has been pretty dormant the past couple years, but long periods of low volatility often lead to powerful spikes. You can see the falling wedge in pink that TRX has been bounded by the past couple years. But Bitcoin's latest surge has brought some life to alts and has TRX knocking on overhead resistance. You can see that the weekly MACD is very bullish as it finds support above the zeroline. Once resistance is broken, I think TRX will go crazy. Barring a BTC collapse, I think Tron is poised for a massive breakout. I know the volatility TRX brings (see Dec 2017), so I'm making sure I'm on this rocket ship before it takes off!
Long
by jpbrown1023