TRXUSD - Potential Long after Squeeze. 50% ProfitWe received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent.
As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of resistance bringing around 50% profit, or more!
TRON
🔥TRON IS GOING TO BREAK THE 2-YEAR TRIANGLE: PUMP SOON?🚀🔥Hi friends! First of all, take a look at the chart. See how the whales accumulate their positions: sl hunting and volume confirmation? This is a perfect example of how they work.
📊 MY TRADING PLAN FOR TRX:
1. squeeze to the trendline
2. sl hunting below the POC area ($0.06-0.064)
3. bullish BTC
🚩 I think that this squeeze to the global trendline will be successful and TRX will break it with PUMP. This will be the best scenario,
✅ MY TARGETS FOR TRX:
🔥 $0.072 - the key level
🔥 $0.092 - the key level
🔥 $0.12 - the local high and key level
Traders, will TRX become the top gainer of the bull market? According to this triangle pattern, the target is at least +290%. Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRON (CRYPTO): ...is possible a "X2" (+100%) in medium term?Hi everyone!
The answer is very simple: YES!!! That said, Tron has shown some major consolidation over the past few months, but at the same time, it has kept the main trend sideways. If we look at the daily chart, the trend of last few weeks still keeps this crypto under pressure, but at the same time, we think it might be interesting to use an accumulation strategy, so let's say we'll do something like "buy the dip" in short and medium term.
Our first target we showed on chart and if our analysis is correct, Tron could do something very similar to +100%....
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
Please... trade with care! 💖
TRX | DECRYPTERS | TRON | JUSTIN SUN HI people welcome to Team Decrypters
TRX is the native cryptocurrency of the TRON network and is used to facilitate transactions on the network, as well as to pay for the creation and execution of smart contracts.
we are expecting move to the upsdie Soon in tron so we are buyers in TRX
TRXUSDT Ready For Takeoff!TRXUSDT Technical analysis update
If the price breaks above the resistance line then we can expect a good up move in Tron.
Buy zone: Below $0.062
Stop loss: $0.054
Take Profit 1: $0.068
Take Profit 2: $0.077
Take Profit 3: $0.092
Take Profit 4: $0.115
Always keep stop loss
Thanks
Hexa
TRX: Overbought at ResistanceTRON (TRX) technical analysis:
Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.058 (previous resistance), then $0.050. The nearest Resistance Zone is $0.065, then $0.070.
Tron is a low-risk investment, but better than gold and TetherI think that Tron is one of the least risky currencies in the market, which maintained its stronghold and did not experience a large drop, and now I believe that in the weekly analysis, Tron can be considered as a safe and more profitable investment than gold and gold.
For the medium term and of course the long term
Good luck
TRX Long-Term Triangle Possibly Ending NowBased on the time target for wave-E, as well as some longer term time targets, it is starting to seem more and more likely that the low is in and TRX is readying to break out to the upside.
Confirmation will come when we actually break the upside of the triangle, when we have that confirmation we can be more confident that this is going to move towards all time highs early next year. For now, probabilities seem to be favoring a long-term bottom formed for cryptocurrency as long as December's low continues to hold. If we see a break of December's low then I would suspect we see more downside across the crypto markets, probably at least another -20%.
At this point it is becoming increasingly dangerous to be short any major crypto unless we can get a clear break of December's lows. Unless that happens, I think the best move here is to be slightly long with tight stops under December's low, or flat until we get a better long confirmation.
TRX - Tron is Ready to Breakout of a 2 Year Bullish Pennant!You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently repeating the same exit pattern it had back in 2021. If Tron breaks out, buckle your seat belts and HODL on tight! I'm long here.
Tron TRX chances of a sell-offTRX is a collateral in the stablecoin USDD, that keeps depegging!!!
This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Tron TRX are:
TRX/USDT short
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.030
Stop Loss: $0.062
TRX Tron prediction for the end of the yearUSDD, the Tron DAO reserve is depegging from the dollar.
USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT).
TRX is used as collateral. Could lose value sharply.
TRX/USDT short:
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion.
Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently.
He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange.
Yesterday the amount of withdrawals from Huobi were significant, $60 Million.
There are Insolvency Rumors for Huobi.
I think TRX will ultimately reach its pandemic low of $0.0072.
Looking forward to read your opinion about it.
TRXUSD- Short Position- DYORHere is a technical analysis considering all the drama going on with Justin Sun and Huobi Crypto Exchange. Tron plunged more than 8% today, USDD Depegs and also, Huobi Crypto Exchange has said it will lay off hundreds of staff in coming weeks. Justin Sun is one of their advisors.
DYOR before trading based on this chart. Not liable for any of your personal loses due to this analysis.