TRX Possible PathsTRX is suffering from a lack of confidence exacerbated by the news this week that eToro would be removing trading of TRX for US users. (www.etoro.com) If TRX successfully bounces in the next couple of days, it could reach 0.114 in the current channel in the next couple of months or 0.14 in the next quarter. The next major levels to watch are .067 with recovery to 0.88 and .041 with recovery to 0.058, but I think the lower bounce is very unlikely unless more bad news emerges around TRX.
TRON
An idea based on retrospective patternsHi every one , this idea is based on chart patterns in the past.
The bell arcs is possible routes where price could touch based on its movement in the past and is based on equal rise and fall in the past idea. although the whole scenario could occur in a rising or falling road map.
prediction at low points attained based on ATH point ray line to present high points and confirmed by bell arcs rise and fall equality.
predicted high point is attained by present high points ray line combined with a scaled chart pattern in the past and predicted low point mentioned above , and confirmed by bell arc.
any way this is just and idea. what do you think?
TRON - 2h TF AnalysisIn a 2-hour timeframe, The support of 0.097 is very important right now. If this support is strongly broken, then I expect it to drop to lower targets. In the $0.09 area, there is a possibility of reversing the trend. If you want to trade (Long or Short), check the price reactions in the ranges I have drawn.
TRONTron still in bullish scenario until now. Correction on support EMA 50 TF 1D, Support Trendline and Classic Support.
Correction happen after price touch fibonacci 0.618 on price 0.12867 (swing high to swing low).
Based on fibonacci -0.272 and -0.618 target price around 0.14329 and 0.16780 (swing low to swing high). Wait for confirmation before take position.
TRXBTC bottom is in, the future is heredid you know that TRX is better than ETH ? that is why tether/USDT were swapping their USDT token from ETH chain to TRX chain.
dont believe me ? try to withdraw your usdt via TRX chain from your binance and compared it with via ETH chain. and check the fees.
disclaimer: not fincancial advice, always D.Y.O.R.
[TRX/BTC] Tron vs Bitcoin Inverse H&S - Long [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
Tron has seen significant strength and gains with its popularity amongst the crypto community
Due to this its formed an inverse H&S and about to break the neck line which means a buy signal for this coin/pair
Indicators are showing bullish signs, we just came out of overbought last week and plenty of momentum to carry on up as the market gains more confidence
Purple lines are the resistances/targets at 430, 499, 586 & 745 Sats
Stop Loss is at 342 (just under right shoulder)
Looking to enter around 372-380, we're pretty sure bitcoin market can bring price down again to a good entry point
use no more than 2% of your total account
disclaimer: this is for entertainment purposes only and not be considered trade advice
TRON - Trade This WedgeTron is currently within an ascending wedge which we can trade. Every bounce and rejection of the wedge can be a point of entry with stops outside of the wedge.
We recently saw a bounce off the wedge which we can use to enter with stops below the ascending wedge.
Targets will be the ascending wedge resistance.
Goodluck!
Don't miss it ... Tron about a huge pump
since 15 august till now 15 November, we can see Tron is struggling to break out n close above 12 cents.
after the dip in the market we can see clearly that Tron has slowed up, I think perfect time to have some right now.
I think a break out is coming we didn't get a complete rejection till now.
prices still above EMA 50 , EMA 100
Maybe u think u should buy on green box, but it is hard to fell there again as price is respecting the EMAs well.
✅ buy: 0.10 - 0.115✅
🎯TARGETS:
1- 0.1300
2- 0.1470
3- 0.1620
4- 0.1850
5- 0.2220 (worth wait)
6- 0.2600 (worth wait)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily close below 0.0760
Monthly Contracting Triangle CountThis contracting triangle with reverse alternation is probably the better count compared to my last chart, both are still possible but this is my new primary count because it can also be applied to BTC, ETH, and other cryptos. It also fits better on the higher timeframes and it explains why this drop was unusually violent and out-of-the-blue, which means it's likely to get retraced completely, and when the REAL bull run begins things will get a lot more exciting than they did this last run.
This is a very bullish count, but it implies we're still in the correction which began in 2018 and we will probably drift up/sideways for the next 9 months while wave-E finishes up, and most cryptos could even hit ATH this year. After wave-E is finished, TRX will probably begin its vertical journey towards $10+ in 2022. Most cryptos will probably follow a similar pattern of drifting up for the rest of the year and then going vertical in 2022.
My guess for the catalyst is SEC v Ripple going to trial and completing in Q2 of 2022, with a favorable ruling that Ripple's marketing of XRP was legal and not under the SEC's jurisdiction. A favorable trial outcome will allow titans of crypto like Ripple, Tron, EOS, and other developers with extremely deep pockets to begin massive marketing campaigns without fear of violating US securities laws.
It also seems likely that the crypto market has already reached the bottom because wave-a of E is 61% of the price of wave-C, but I wouldn't completely rule out a trip to under 6 cents until TRX moves above 10 cents.