What next for TRON After TRON broke out of a consolidation zone on the 17th of this month, the push-up has been remarkable. This asset is currently dancing around $0.15 zone. will this energy continue? Zones to watch out for Resistance: $0.16 Support: $0.15
Tron is trading in the wide daily range zone between $0.112 and $0.126. A bullish move from the current price location reclaiming$0.126 will result in a slow upward move to $0.138. As long as TRX in the daily chart is trading below $0.126, the bears are in control and will try to push price to the key daily support zone of $0.106-$0.112. A bearsih break-out of...
We've waited such a long time for this moment with Tron. Seems to be the narrative with a lot of altcoins right now. Huge falling wedges that are now starting to breakout.. eg. Xrp.. Vechain etc! Utility tokens! Although Trx seems to be a bit further ahead in the charts, so I expect Tron to start moving first! Get ready!
Analysis of the the majority of charts in crypto at the moment, the sentiments have come down lower than expected in the market. Most crypto are undervalued. Not only that but it appears we have hit rock bottom of the trendline upwards. This is showing on multiples of cryptocurrencies so expect Tron to begin it's ascent February 6th until finally breaking out up...
It's amazing how accurate these signals are pushing upwards along the trend line based on previous signals. Still a danger Trx can fall downward, but it would be a temporary setback that I believe would recover in quick time if we see that scenario. So therefore I'm still bullish for Tron! We have so much upside potentiality that it's long overdue. I'm surprised...
Yesterday the news of TRX gained so much attention about the USDD that it shoot for more than 17%. Right now it is in the cooling phase , but Tron is know for doing something opposite in the market so I have a neutral view, but if the price breaks in either direction I will open a trade. Please Like, Share and Comment.
TRXUSD Can be seen to have moved above the 50MA in a bullish fashion on this Weekly timeframe Prior this support for the bulls was found at the 100MA A breakout to upside may follow
TRON Takes Off Ahead of USDD Launch Tomorrow, Get ready🚀
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An idea showing comparable points for TRXUSD (labelled a,b,c) Bullish action is coming Using the MavilimW indicator still, it is quite effective
Tron is good Tron == cup & handle Tron ecosystem tron is Sharp
Taking 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...
Also Tron is on the run since 20th July, and after breaking above the double bottom's neck-line, the coin confirmed the break as a genuine one and now is making a new high. I expect a continuation and 0.9 resistance is my target
An idea for TRON Top channel band suggests $16 which is a massive increase from the current 0.05 Middle channel band suggests $2 which is also a huge increase Both of these scenarios make sense, the top band was where price hit in 2017 Time will tell if it repeats I have used a sort of 'quasi' channel to identify these ranges Also some funky trend lines...
Like all the crypto market, Tron is also in a clear downtrend. Yesterday the coin has broken under support and the road is clear for a 0.047 drop Sell rallies is my strategy
The RSI indicates we have been building bullish momentum & still continuing to rise. We may hit our .07 target around 4 am est but we very well could see a fall back too .057 so let's see how this plays out. Looking at BTC we may be in for a very bullish day, but we all know it depends on which direction it (Bitcoin) goes for the market to follow suit. *NFA
Tron price holding in this channel from March, the correction wave is getting completed and going on a next impulse wave after it breaks out of this channel 1) Looks like the bulls are going to take over 2) place your positions accordingly after it comes out of the channel Happy trading, feedback is always appreciated
Identifying the strongest trendline with the fib circles shows the price sitting just above 2.618 With the formation of seemingly a bullflag, this is a very bullish sign At these levels TRON is very undervalued imo Bulls will win this battle