Tronusdt
Possible TRXUSDT Targets - 30 USD by the end of this waveIn one version for TRX charting, one would assume that TRX topped in its wave 1 in April 2021 at about 0.166, when bitcoin realized its ATH .
following the market correction, TRX retraced to 0.381 FIB and held that support level quite well.
If things continue well, the long term targets for TRX are shown in this chart, hitting the 1.618 FIB at the end of wave 3, retracing to Fib 1 (might go deeper as wave 2 was not that strong) , before realizing a new ATH .
PS: this chart ain't a financial advice
TRON Price Range Targets for Early 2022An 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 included to support this channel idea !
TRONS probable targetsIf we look at the 4-hour time frame of theron, we will notice a descending channel
Now it has reached a critical point, which it has managed to defeat after 3 collisions
In case of a valid failure of the descending channel, the ascent scenario and its goals are written
In case of failure, the descending targets were identified
Fundamental News
Justin Sun will soon be showing off the tron 2 project
It could be good news
TRX/UST - Long term 194% setupHello, Traders!
The market continues to be under selling pressure. Altcoins are losing value faster than BTC, which is accompanied by an increase in Bitcoin dominance.
This situation can be used to buy the interesting altcoins at a significant discount and to hold a position for several months.
The price of TRX is testing the upper bound of the $0.0495 - $0.0650 price range, from which the asset was put in the trend in February-March 2021.
We may look for buy entry closer to the lower border of this range between the levels of $0.0495 - $0.0550.
Stop-loss can be placed below the level of $0.036750.
The targets for such purchases will be price levels of
$0,093
$0,117
$0,146
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered a financial advice
Tron will reach 1 dollar in 6 months.
Bullish.
1- Tron is the cheapest currency among the first 25 coins!
2- Tron (fundamentally) is better than Dogecoin (Tron's total supply coin is limited, Dogecoin is unlimited).
3- The Tron network (you can send and receive money with 0 $ fee) has zero transaction fees (an extremely unique feature).
4- You Should Never Sell.