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Tron TRX Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier. Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market. TRX/USDT short Entry Range: $0.065 - 0.070 Price Target 1: $0.055 Price Target 2: $0.045 Price Target 3: $0.030 Stop Loss: $0.074
Short
by BuySellMarketMaker
TRXUSDT Consolidation more than 1y and its possible consequencesBefore you is the global chart of TRXUSDT on a 3-day time frame. At a time when most altcoins show a stable downward trend for more than a year, the price of TRXUSD is consolidating in the upper half of the all-time price range. If at the beginning of the consolidation, the price movement in the consolidation was 300%, now the possible price movement within the consolidation triangle is 50%. Further, in the consolidation, "the spring will be compressing" , and this may drag on until the fall, or even until the end of the year. But when it shoots, the impulse will be very strong and long-lasting. The chart shows a strong liquidity zone $0.046-0.052. F or the first time, sellers and buyers actively competed in this zone in May - July 2021. During the May fall in 2022. - the TRX price confidently growing from $0.07 to $0.09, when parallels 90% of alts were mercilessly falling. However, already in June 2022, the TRXUSDT price caught up with the general fall of the crypto market, but a large aggressive buyer did not allow the price to update the minimum from May 2021. (FUD around the stablecoin Usdd) Summarizing : If in the coming days-weeks the TRXUSDT price will not be allowed to fall below $0.06, then know - it is being accumulated by large buyers. The minimum goal for growth is $0.09, and if it breaks higher, the Tron price will be able to fly up to $0.135-0.14 If you see the TRXUSD price fixing below $0.52, you will most likely have to flee from the Tron, because there will be a threat that the fall will accelerate to $0.25-0.35 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
37
Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next: We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B Please provide your feedback, like and share is appreciated
Short
by JAN360
2
Tron TRX Ready to MOON LONG NOW !!??? TRON TRXTaking 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 the next level of resistance If we execeed that level expect TRX to ATH 30 cents !!!!!
Long
by Olutobi-Ogunsemore
TRX 12h How much more to grow The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :) Since then, the price of TRXUSD has managed to fall by -65%: The TRXUSD price has been rising almost uncorrected for the past two months and has almost worked off all of its losses. The TRXUSDT price has been trading in a 20% corridor of $0.10-0.12 for the last few days and most likely, buyers are preparing for another upward momentum. To confirm their strength, buyers should at least keep the TRX price upper $0.10 for the next few days and at most hold above $0.12. We assume that the growth retardation can start in the range of $0.13-0.144 , in this zone fully compensates for the May fall. Deceleration in this area may be provoked by the fact that traders, who had been in a drawdown for 5 months, will want to fix position at break-even and forget about this negative experience. If the area of $0.130-0.144 will not have critically large trading volumes, it will be a signal that the sell-off time has not come yet , and the growth itself may continue at low volumes, as it has been doing for the last months. Targets for a move higher are shown on the chart — $0.155 and $0.169 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
48
TRX - 4h. Buyers must prove their strength before $0.2 The bright growth momentum in the TRX market , which started only on March 31, ended locally at $0.149. On April 5, buyers managed to touch this mark, after which the TRX price began a rather rapid correction. In fact, in 7 days the price of TRX increased by 100% , and the volume of trades showed significant interest of investors in this project. If you look at the global TRX chart, you can find its historical high in January 2018 at $0.2. On the one hand, the prospect of continued growth to the global problem level is quite high. However, if you look at the 3-day timeframe , you can see a clear channel of TRX growth: As you can see, buyers have managed to re-test the upper trend line of the growth channel. This event took place in high volumes and the sellers finally showed their presence. We expect to continue the correction in the TRX market with the first stop of $0.87. In addition to the fact that we see a small consolidation in this range on the chart, if you look at the trading history for 2018, this mark will show an important liquidity level . By keeping it, buyers can safely continue the wave of growth to $0.2. However, we do not recommend buying this coin before. An alternative scenario is a deep correction to $0.5. This scenario will increase its probability if the price of BTC breaks the range of $54200-54500. _______________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
40
TRX - buy, hodl and stake TRON! 🚀TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger is most safe of course but you can stake there just few of altcoins. TRX is really nice coin, it already gave our subscriber +100% (in btc ) but we are sure that it will pump harder + we will maximize our profits by staking. Remember that even if your staking rewards are not so big - we will sell this coins after it will give us 300-1000% or even more. So your rewards will be also +300-1000% and after that it can be much bigger amount. 🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment. ❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts. ✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Long
by Best_Altcoins_Trades
1
TRXUSD Third Chance: Profit=150% SL=12% Reward/Risk > 12.5:1Third Chance Trade Setup summary: Profit targets = 150% = { TP5 = 28% + TP6 = 44% + TP7 = 78% } Stop Loss =12% Reward/Risk > 12.5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (0.02780) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP5= @ 0.03580 TP6= @ 0.04020 TP7= @ 0.04950 (New) SL= Break below 0.02670 -------------------------------------------------------------------------------------------------- Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : and opened 4 BUY trade(s) @ 0.02250 based on 'previous Forecast' at 2020.08.27 : Buys Current Status: Total Profit: 366% Closed trade(s): 180% + 186% = 366% Profit Open trade(s): 0% Profit First buy closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 30% Profit. TP2 @ 0.02250 touched at 2020.08.13 with 60% Profit. TP3 @ 0.02780 touched at 2020.08.16 with 90% Profit. 30% + 60% + 90% = 180% Second buy closed Profit: TP1 @ 0.02780 touched at 2020.08.30 with 18% Profit. TP2 @ 0.02960 touched at 2020.08.31 with 31% Profit. TP3 @ 0.03580 touched at 2020.09.01 with 59% Profit. TP4 @ 0.04020 touched at 2020.09.03 with 78% Profit. 18% + 31% + 59% + 78% = 186% Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity
7
TRXUSD Third Chance: Profit=150% SL=12% Reward/Risk > 12.5:1Third Chance Trade Setup summary: Profit targets = 150% = { TP5 = 28% + TP6 = 44% + TP7 = 78% } Stop Loss =12% Reward/Risk > 12.5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (0.02780) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP5= @ 0.03580 TP6= @ 0.04020 TP7= @ 0.04950 (New) SL= Break below 0.02670 -------------------------------------------------------------------------------------------------- Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : and opened 4 BUY trade(s) @ 0.02250 based on 'previous Forecast' at 2020.08.27 : Buys Current Status: Total Profit: 366% Closed trade(s): 180% + 186% = 366% Profit Open trade(s): 0% Profit First buy closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 30% Profit. TP2 @ 0.02250 touched at 2020.08.13 with 60% Profit. TP3 @ 0.02780 touched at 2020.08.16 with 90% Profit. 30% + 60% + 90% = 180% Second buy closed Profit: TP1 @ 0.02780 touched at 2020.08.30 with 18% Profit. TP2 @ 0.02960 touched at 2020.08.31 with 31% Profit. TP3 @ 0.03580 touched at 2020.09.01 with 59% Profit. TP4 @ 0.04020 touched at 2020.09.03 with 78% Profit. 18% + 31% + 59% + 78% = 186% Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity
14
TRXUSD Update: Profit=4230 SL=760 Reward/Risk > 5.5:1 Trade Setup summary: Profit targets=4230 pip (420 + 710 + 1330 + 1770) Stop Loss =760 pip Reward/Risk > 5.5: 1 Current Status: Total Profit: 2415 pip Closed trade(s): 1280 pip Profit Open trade(s): 1135 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 430 pip Profit. TP2 @ 0.02250 touched at 2020.08.13 with 850 pip Profit. 430 + 850 = 1280 Open Profit: Profit for one trade is 0.02535(current price) - 0.01400(open price) = 1135 pip 1 trade(s) still open, therefore total profit for open trade(s) is 1135 x 1 = 1135 pip Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.02250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP3= @ 0.02670 TP4= @ 0.02960 (New) TP5= @ 0.03580 (New) TP6= @ 0.04020 (New) SL= Break below 0.02060 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity
10
TRXUSD Update: Profit=4230 SL=760 Reward/Risk > 5.5:1 Trade Setup summary: Profit targets=4230 pip (420 + 710 + 1330 + 1770) Stop Loss =760 pip Reward/Risk > 5.5: 1 Current Status: Total Profit: 2415 pip Closed trade(s): 1280 pip Profit Open trade(s): 1135 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 430 pip Profit. TP2 @ 0.02250 touched at 2020.08.13 with 850 pip Profit. 430 + 850 = 1280 Open Profit: Profit for one trade is 0.02535(current price) - 0.01400(open price) = 1135 pip 1 trade(s) still open, therefore total profit for open trade(s) is 1135 x 1 = 1135 pip Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.02250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP3= @ 0.02670 TP4= @ 0.02960 (New) TP5= @ 0.03580 (New) TP6= @ 0.04020 (New) SL= Break below 0.02060 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity
13