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Tron

One of the few altcoins that could possibly growMost altcoins don't look good right now. Yes, they can grow up, but they can also fall a lot. So the risk/reward is bad. Altcoins are subordinate to bitcoin, so you need to look at it first. You can try to take a TRX for a small part of the capital. He is consolidating, and we are positive about Bitcoin. Therefore, it makes sense to consider. Stop loss if the day closes below 70. In case of a false breakout, you can re-enter the position. Take Profit. Marked in red on the chart. Don't use more than 5% of your capital per altcoin. Better to use 2-3%.
Long
by pennygene
2
Tron (TRX) - February 24Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It remains to be seen if it can rise above the 0.04787 point by following the short-term uptrend line. If it falls, you need to make sure you get support at 0.04390. If it falls in the 0.03700-0.03998 section, a Stop Loss is required to preserve profit and loss. We have to see if it can rise above the 0.05050 point to turn to an uptrend. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
5
Tron (TRX) - February 17Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from the 0.05050-0.06103 range. In particular, we have to see if it can rise above the 0.05577 point. If it falls, you need to make sure you get support in the 0.04787-0.05050 range. If you fall from 0.04787 point, you can touch 0.03998 point, so you need a short Stop Loss. On the wRSI_SR indicator, it remains to be seen if the RS line rises by more than 20 and can turn into a short-term uptrend. On the CCI-RC indicator, it remains to be seen if the CCI line can rise along the drawn uptrend line. Due to the volatility of BTC price, altcoins' prices are either sideways or are undergoing price adjustments. Amid this trend, if we can keep the price above the 0.04608 point maximum, we expect further gains. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
2
TRX/USD Cup and Handle in actionJust found a Cup and Handle pattern on the TRXUSD chart. All the levels and indicators are highlighted. Assuming we see further positive dynamics I will expect to see the forecasted trend as shown by the green arrow path. What's your take on this? Please let me know in comments. This is not an investment advice as I'm not a financial advisor. Make your investment decisions at your own risk and perform your own researches. And REMEMBER: Likes and comments make your trades much more successful :)
BITFINEX:TRXUSDLong
by A_10W_Gene
🆓TRON/USDT Analysis (15/2) #TRX $TRXTRX has very good support at $0.045 and this will be the launch base for the next strong rally of TRX. However, TRX needs to conquer $0.058 zone in order to continue strong to $0.08 and $0.095 zones. 📅NEWS 👉Feb 25 : PoloniDEX Delisting 📈BUY -Buy: 0.044-0.046$. SL if B 📉SELL -Sell: 0.056-0.058$. SL if A -Sell: 0.076-0.080$. SL if A -Sell: 0.093-0.097$. SL if A ♻️BACK-UP -Sell: 0.044-0.046$ if B. SL if A -Buy: 0.034-0.036$. SL if B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Long
by CryptoStation