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TRXBTC trade ideas

$TRX/BTC long term target$TRX is another 17' era ico which did an impressive pump in the previous cycle. Like most of the other coins it has been in a down trend for multiple years with quite a bit of sideways action which has offered allot of opportunity for accumulation. I'm expecting Tron to continue the uptrend it started at the start of 2021 and reach at least the 1.618 fibline at 700 satoshi, which would be a good profit taking point. Before reaching the target I see the need for TRX to first clear the resistances at 315 satoshi and the one at 1.0 fibline, at 465 satoshi. My 2 main targets for TRX are at 1100 satoshi and at 1700 satoshi, both also used as previous cycle resistances. In a case of overreaction in the market and TRX making a moonshot I would aim for a target around 5000 satoshi. Once again, I do not take time into consideration, nor expect TRX to hit the price in near future. Although it might do it like it did last cycle and like DOGE already did this cycle, this targets should be considered a longer term play.
Long
by OZmaster
TRON (TRX)/Bitcoin (BTC) All Aboard I've said on my show a hundred times... Tron will shock the market. Against USD Tron has been stellar. Bitcoin not so much. Some of you know in the last several weeks, TRX had it's breakout of it's years-long downtrend. The downtrend line is labeled yellow. This came after a fake-out back in September 2020. Elliot wave analysis: The first 5 sub-wave structure (labeled blue) of larger cycle wave 1 (labeled green) . It looks as though we are currently in the ABC correction wave 2, labeled as red. More specifically we are finishing off wave B before entering wave C. Then on to Wave 3. Wave 3 is typically 1.618 Wave 1. Fib. Analysis: This recent breakout was recently confirmed with a second wick down to the .618. That's a double bounce off the .618. This is a very bullish indicator. Hidden bullish divergence: Labeled as green trend line. Higher low price action, lower low RSI. Strengthening our chart analysis. What to look for short term: Expect the ABC correction to play out, it could bounce again of the yellow trend line at the end of wave C. This would be a perfect opportunity to long, in my opinion. What to look out for long-term: Even when an elliot wave structure looks perfect... I always want wave 3 to be confirmed.. that is, a breakout above the previous high. We don't want any double top action which can confuse investors into panic selling their position. That's why you can take profit at previous high, or wait til the end of wave 3. If you choose not to take profits at wave 3, you can still increase your position by buying the wave 4 dip.... and riding this rocket all the way to wave 5. Remember, elliot waves can be seen on micro and macro scales, each set of 5 waves being part of larger macro wave 1 and so on. Each 3 wave correction all part of a larger macro wave 2 correction etc. Big picture: If you are a hodler or long-term investor... you are in the perfect buying zone. Anything in this price range is going to bring in great returns. We are just beginning a new uptrend after successful breakout.
Long
by NoobTraderTV
17
TrxBtc X-DOGE is onto something Big But Resistance comes firstHi guys Do you remember the name TRON. A beast and a top gainer in 2017 Bull Run. Pretty Similar to how Doge coin Plays out these days Weekly Timeframe Analysis Tron Has shown Some improvement in trend First, it has broke the Weekly Trendline Secondly, It has a weekly 12/26 ema Crossover. But it has to prove itself that it can break the resistances, then we are a buyer The First resistance is around the corner with Weekly ichimoku resistance around 275-310 The second Major Resistance is at 330 to 380 sats this is horizontal resistance area. A bullish candle close above these regions would trigger the weekly uptrend. Agressively, it can be bought now and sell at resistances. In bearish case, if Market go down and retest the weekly trendline, its a great buy with small stop loss. Watch my Analysis on other trading pairs as well and see how it is doing. This gives you an idea on how i analyze the markets and whether you should subscribe or not Best of luck trading the pair, Just my analysis not an investment advise Please like and subscribe for more analysis
Long
by Yazirazlamtrader
TRX All Targets After Exiting From This Channel #trx #trxbtc #tron #binance #altcoins #best_altcoins #trading TRX All Targets After Exiting From This Channel It can happen after crossing the orange line quickly. The timing of the event depends on many factors. But what is clear is that this coin has a lot of potential. Maybe the entry now has a 30% risk for the short term! But the risk in return can be at least 300% profit. What the charts and indicators show I may see good growth for Tron in the next 20 days and maybe sooner.
by Alarmsignal
Crypto|TRX/BTC|LongLong TRX/BTC Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone. The idea is to work out the resistance level . * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author. + Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled. + ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. Blue zones - activation zones. Green zones - take zones. Red zone - stop zone. Working out the stop when the price returns to the level after activation + fixing in the red zone. Orange arrow - the direction of take. The red arrow - the direction of the stop. SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Long
by Henry_Ross
24
TRX- Diagonal patternInteresting ideas for joining NFT and getting into Defi, this news, in general, can be very useful for this network and Token. In the 5-day chart in TRX / BTC, the Diagonal pattern can be seen, which can indicate the termination of the downtrend and the formation of a very strong long-term uptrend, and reaching the initial targets of 1083 and then 3332. In the daily chart and against the dollar, we are in the 3rd wave, which by counting the wave, the price movement can be extended up to 34 cents. According to the wave balance line, we can have a target of at least 70 cents for this Token.
by NirmataFX
1
TRXBTC is testing the channel 🦐TRXBTC is testing the upper trendline of descending channel. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
11