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TRX

🔥✅FIRST DIGITAL YUAN: STRONG FUNDAMENTAL SIGNAL FOR TRX🔥 Hi friends! Tether and TrueUSD released Chinese offshore yuan on TRON. CNH₮ and TCNH will drive the next bullish trend in crypto, says Justin Sun (owner of TRX and Huobi). ✅ This will definitely lead to an increase in the number of users (TRC network) and the development of the blockchain system on Tron. Good fundamental news! Now the price consolidate inside the huge triangle which is part of global bullish pennant pattern. 📊 TRADING PLAN FOR TRX: 🔥 squeeze to the trendline and test it as the support. I want you to pay attention to the possible manipulations below the local lows. The whales collect the liquidity in this way 🔥 huge whales buy orders before the breakout and during the test the triangle as support. I use DOM and Footprint to track such activity and open a trade with the biggest players on the market 🔥 bullish BTC 🚩 Friends, push boost button of you remember BTC global triangle in 2018. And after the 5-6 tests the price finally broke it down. I think that the same things can happen on TRX. So it will be even better opportunity to enter the TRX because a lot of retailers will wiped out and the price will grow even higher. ✅ MID- AND LONG-TERM TARGETS FOR TRX: 1. $0.092 - key level and local high 2. $0.18 - key level, ATH 3. $0.45-0.5 - technical target according to bullish pennant pattern 🚩 Tron ranks 15th among the largest crypto and has a capitalization of $5 billion. So, the growth by 600-700% will not be a difficult task for this altcoin. Are you bullish on TRX? Write your thoughts and targets for TRX 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.
by Yuriy_Bishko
5
InvestMate|Tron Ready For Growth?💲💲Tron Ready For Growth? 💲Tron just like the rest of the cryptocurrencies in my opinion has a really good potential for growth. 💲It is one of the most prominent cryptocurrencies. 💲Therefore, I believe that sooner or later there will be increases on Tron. 💲Looking at the sustained uptrend for weeks now. 💲And given the fact that interest is returning to the cryptocurrency market. 💲It is not hard not to get the impression that increases on Tron are inevitable. 💲I expect that over the next few weeks we will see the vicinity of the levels of the resistance zone determined by me based on the cluster of two fibo levels. The first is 0.382 of the downward wave from the peak of 08.05.22 to the bottom of 14.11.22. The second level is 0.236 of the entire downward wave from the peak of late 2021 to the bottom of 2022 💲The support zone remains the space between the 0.382 level and 0.5 of the current upward wave. 💲Looking at the MACD and RSI, I have no doubts of continuing further increases. 💲The scenario I am playing out is a continuation of the increases to the vicinity of the resistance zone levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
18
TRON, which is expected to promote new business in 2023...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXBTC 1W Chart) A rise above 0.0000 0318 is expected to release bullish strength. --------------------------------------- (TRXUSDT 1W chart) The key is whether the price can stay above 0.05358 to break out of the long-term downtrend channel. And, ultimately, whether it can rise above 0.06236 is important. (1D chart) The key is whether it can rise with support in the 0.05136-0.05358 range. If not, a decline to around 0.04437 is likely. Since TRX is issued as a stable coin, a drop in the price of TRX can create a great risk. (USDDUSDT 1D chart) Therefore, holders of TRX need to pay attention to USDD's pegging situation. We are currently airdropping APENFT (NFT) tokens until 2023 to promote new businesses. Attention is focusing on whether the victory or defeat of the business to be carried out this time can change the fate of TRX. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
🔥🚩IS TRON GOING TO MAKE A TRAP OF THE LONG TRADERS❓🔥Hi friends! Tron now is in the rising wedge and as we know it's the bearish pattern. I think the local pullback is possible but only to trap the short traders. 📊 The preconditions to open a long at the pullback (white area): 🔥 the strong support of local lows and value area where a lot of sl and buy orders are placed 🔥 trap of traders who open a long trade at local highs. I identify the big players using the DOM and FOOTPRINT sclaping tools that show this orders. These tools can increase your win rate by 25-35% 🔥 volume growth confirm us the local bottom as it was previously 🔥 bullish BTC 🚩 The fuel fot the growth can become the short traders, who will open a short trades on the breakdowns. 📊 THE 3 MAIN TARGETS FOR TRX: 1. $0.056 - the key level 2. $0.058-0.059 - the value area 3. $0.061-0.063 - the value area ans strong resistance for the price Trders, will TRON become the top gainer of 2023 or it have no chance and will fall lower and lower? It is ineresting to know your opinion! 💻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.
by Yuriy_Bishko
2
TRON Starts The Reversal (44% - 81% Targets Mapped)TRON (TRXUSDT) peaked in May and went on a strong downtrend since. Actually, it peaked much earlier, in May is this years peak which lead to this day. We have a new low set very recently, 14-Nov., with seller exhausted shown by the lower volume. After this low we are seeing slow and steady growth. Once we see slow and steady growth building up, then we tend to have a strong and sudden jump. We have two weeks now of green for TRXUSDT, with a strong RSI we can see the next price jump happen anytime this or next week. As usual here, patience is key. The targets are marked yellow on the chart. Namaste.
Long
by AlanSantana
2
✅🔥CEO TRX and HUOBI going to buy FTX! TRX to the moon❓🔥 Hi friends! Justin Sun is an owner of Tron Network (TRX) and Huobi exchange. The latest data shows that almost 80% of Huobi reserves were withdrawn from the exchange due to FTX collapse. This is a largest outflow among the largest crypto exchanges. Additionally, Justin Sun wants to buy parts of FTX to be the leader at the US market, so it’s a good news. ✅ I think that TRON is continue to grow because its largest network for USDT holdings. TRC-20 is the most cheapest network for deposits. Friends, take a look on chart. There we can see the flags which mark the DUMP-PUMP pattern on TRX. This altcoin fall so hard, but also grow so high and this pattern has almost 100% win rate. Now the price make a huge DUMP and we need just to find the best entry point. 📊 The main precondition to open a trade is at squeeze to the trendline. These squeezes happen just before the breakout, so it’s nice place to open a trade with short stop loss and HUGE RR. 🚩 The bullish BTC is a must have during such squeezes. The alt coins price need new fresh money and they are coming only when BTC grow. TRX has a strong resistance at $0.060-0.065, but first of all it should break the key level at $0.0563. These will be the 2 local targets for TRX. I will make the huge update with the global targets when the price make HH and HL at the 1d-1W timeframes at least. Now we need only the local targets until new bullish BTC start. Friends, what do you think about TRX? Does it have a potential to return to its ATH? Write your thoughts in the comment! 💻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
by Yuriy_Bishko
3
TRON (TRX) - November 24Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXBTC 1W Chart) The range of 0.0000 0259 to 0.0000 0311 is the boundary between rising and falling. Therefore, if the price stays above 0.0000 0311, it is likely to release upward force. ----------------------------------------- (TRXUSDT 1W chart) The key question is whether it can move above 0.06236 to break out of the long-term downtrend channel. (1D chart) The 0.03538-0.04437 interval determines the trend. Therefore, if it falls, it must rise with support in the 0.03538-0.04437 range. To turn into an uptrend, the price needs to hold at least 0.05358 higher. At the same time, as a whole, the price should make a move to break out of the downtrend channel. Accordingly, the key is whether the price is maintained by rising more than 0.05358 due to the volatility around December 1st. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
TRX/USDT Ascending TriangleTRX/Usdt Binance 4h Chart pattern create Ascending Triangle Pattern What is an ascending triangle pattern? Image result for ascending triangle pattern An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming. An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.
Long
by BabarLaghari
TRX starts to drop (short-term analysis) TRX has been struggling to hold the current support around $0.05. However, in LTH the sign of selling pressure can be seen now. In 1H TF, prices already broke the ascending channel. Retest may happen but the down side will continue, probably. A referenced Short set-up is as in chart with TPs (in blue) and SL (in red). On 2D TF, one can see better the down trend will resume very soon because MFI and OBV broken down their trendlines and were rejected (see the below screen-shot)
Short
by evasivesteering
TRX : Price Just Tested A Very Strong Weekly Support ZoneTRX: Price Just Tested A Very Strong Weekly Support Zone After the price moved down like all the cryptocurrencies now we can see a small pause from the previous week. The support area near 0.046500 is pushing the price up again. I am looking for the price to rise further during the coming weeks considering that 0.046500 didn't let the price decrease more. Targets: 🎯 0.058441 🎯 0.065252 🎯 0.070451 Thank you and Good Luck!
Long
by KlejdiCuni
15
TRX. An obvious descending triangle.Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by many traders who buy from the support level. The more traders do this, the more stops are formed. And as the market moves from one area of ​​liquidity to another, the price is likely to break through the support level, and when these stops are hit, it will further increase the selling pressure.
by Tropnik
USDD & TRX COLLAPSE!Hi Traders, USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages. Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk. There is more to this but thats for someone else to explain the technicals. All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out... SHORTING TRX from 0.058 0 incoming. Goodluck, AssetMastery
Short
by AssetMasteryandInvesting