💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06325).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.06500
TP2= @ 0.06650
TP3= @ 0.06835
TP4= @ 0.07143
TP5= @ 0.07348
SL= Break below S2
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TRX
TRXUSDT Emphatic break above 1D MA50 but heavy Resistances ahead*** ***
For this particular analysis on Tron we are using the TRXUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where TRX broke today aggressively above its 1D MA50 (blue trend-line) which has been the medium-term Resistance since August 19 2022 and is headed towards the 1D MA200 (orange trend-line). This is currently exactly on the Lower Highs trend-line that started on the November 15 2021 High and is on the long-term the strongest Resistance at hand.
With the 1D RSI approaching the 70.000 overbought barrier, we should be expecting profit taking, at least on the 1D MA200/ Nov Lower Highs Resistance cluster. A rejection there can pull Tron back to at least the (grey) short-term Support Zone and if broken, aggressively towards the ultimate Support Zone of the Bear Cycle (0.04615 - 0.05100).
In order for us to call a buy extension on TRXUSDT , we want to see a candle closing above the 0.07250 Symmetrical Resistance, which as you see has previously rejected an uptrend 5 times since January 17 2022. A break above it, can target the upper Fibonacci levels towards the 0.0930 Resistance that was previously a Double Top (May 09 and June 01 2022).
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TRXUSD Bull BiasThe chart pattern formed before the bars pattern is acting both as a symmetrical triangle and a bullflag
This can lead to a massive jump in price very quickly
The bear market hasn't even made a dent in the prices formation of this structure
I expect this from TRON aswell, being a large and relatively popular blockchain
Things like this can happen
Weekly chart
JST Zigzag Ending Now, Target $1-20 (Neowave/Elliottwave)JST looks like it has formed into a perfect Neowave Zigzag. Wave-b is a perfect irregular flat, wave-c is shorter in price and more complex than wave-a, and equal to exactly 50% of a+b in time. The Large Wave-B is related to 161.8% of wave-A in time. In the shorter term wave-5 of c is related to 50% of 3+4. All time targets are being hit here at the same time this week and momentum on virtually all time frames is bullish so I think we'll see something pretty big happening very soon.
Just going back to ATH would be a 1000% gain for JST, but if this is the beginning of a larger bull run as most other charts suggest then we could see prices at a minimum over $1 and probably as high as $20 over the next year.
Trading opportunity for TRXUSDT - TronBased on technical factors there is a Short position in :
📊 TRXUSDT - TRON
🔴 Short Now 0.06217
🧯 Stop loss 0.06343
🏹 Target 1 0.06110
🏹 Target 2 0.06000
🏹 Target 3 0.05840
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
TRON - Closing in on Completing a Massive Bullish Pennant Keep your eyes on Tron. TRONUSDT is closing in on the end of a massive pennant on its daily chart as is its TRXBTC trading pair. The daily MACD is bullish, breaking above the zero line. I think the only thing that ruins this party is if the DXY continues its upward trend and pushes BTC and the crypto market lower. My eyes will be on the DXY for a breakdown or TRXBTC for a bullish breakout. I think this is a good, low-risk entry spot to go long as we bounce off support. If the DXY spikes and we stop out, we can wait for cheaper TRX. But if we continue upward, we'll have an excellent long into a potentially huge upside breakout.
🚀🔥Tron (TRX) test the STRONGEST value area. New long signalHi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales.
📊 The preconditions to open a long are next:
🔥 pullback to the $0.59-0.62 value area and test it as the support(!)
🔥 the volume growth which confirms the pressence of buyer. Take a look on the volume indicator. The same volume bar growth I expect now.
🔥 DOM and Footprint scalping tools show the HUGE limit orders wall to BUY. Usefull tools for scalpers and swing traders.
🔥 the bullish BTC force all the altcoins to move in the same directions
📊 The targets:
1. $0.065 - the key level
2. $0.067-0.07 - the closest value area
3. $0.08-0.82 0 the value area and mid-term target
💻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 (TRX) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXUSDT 1W Chart)
The key is whether the price can sustain above 0.06236 to break out of the mid- to long-term downtrend line.
(1D chart)
The key is whether it can move above the downtrend line (1).
To do this, it is necessary to check whether it can be supported by rising above the 0.06236-0.06427 section.
If not, it is likely to re-enter the medium- to long-term bearish channel and see a downtrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BTC - Daily🟡 BTCusdt
⏰ Daily
📅 Oct / 03 / 2022
⚪ I have shown Close resistance and support with orange and green box.
🔴 Resistances :
19800 $
20385 $
20706 $
21888 $
22488 $
22799 $
🟢 Supports are in the chart
----------------------------------
📛 Follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell) ⚠️
..........................................
👸 Analyzed by : Parisa_Alipoor
..........................................
TRX/USD Main trend (most of it). Bowl with a handle. TriangleThe main trend (most of it). We see a huge bowl of about 800% of the main support liquidity zone formed in the long-term trend. From the zone of its resistance pullback (secondary trend). Which has formed a triangle, which could act as a "handle" to this huge cup (a cup with a handle) in case it breaks up.
Coinmarket: TRX
Secondary trend. Triangle Zone.
Local work (reversal zone) with this triangle and the manipulation that occurred with the price I showed in this training/work idea: TRX/USD Manipulation with News Work by Major Participants
Also, underneath the description (inside) of this training/trading idea, I have secured many similar training/work ideas on various trading instruments that have been published over 1 year on this site (all on a live chart). Everything is shown and described not after, but before what happens.
Here is how this bowl looks like on the line chart (Bitrex exchange, 0.88 - listing time), but actually more if you take the same Binance (bowl resistance on the line 0.16 - 0.2). The peak of the candle (pamp) was at 0.35 (not confirmed by the opposite base of the bowl). This should be kept in mind when trading.
The less you set your target levels too high in a trade, the more likely they are to be reached.
TRX Year-Long Triangle Concluding (Elliott Wave/Neowave)TRX has been trading in a relatively tight range since last year, that range is coming to a point now and it seems like, based on EW structure, that this triangle should break up within the next few weeks. If it doesn't break up in the next few weeks then we'll probably see it continue to consolidate into the tip of the triangle until the end of the year, before breaking up.
If this is the end of a pattern which began in 2018, as shown on my chart, we should see a explosive and near vertical move out of this range. Typically, when volatility reaches a very low point, it is often followed by a massive increase in volatility. This combined with USDD potentially burning a huge amount of the supply of TRX in the future could lead to prices in the double or even triple digits over the next year.
TRON (TRX) - September 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(TRXUSDT 1W Chart)
Whether the price can rise above 0.06236 and sustain is the key.
(1D chart)
You need to check if you can support and rise in the 0.05989-0.06427 section.
Otherwise, it is expected to fall below 0.05358.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Tron TRX Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
TRX/USDT short
Entry Range: $0.059 - 0.061
Price Target 1: $0.056
Price Target 2: $0.051
Price Target 3: $0.046
Stop Loss: $0.068
TRX/USDT WEEK CHART POSSIBLE DESCENDING TRIANGLE In this idea I am drawing a descending triangle to show the catalyst that should bring us to the bottom. Descending triangles tend to breakout to the downside and then the price action curls up to begin an uptrend. This idea takes into account many things such as and not limited to Fibonacci, Bulkowski, and correlation with Bitcoin. The difference is that with this chart they are used in a simple way to determine the targets and the movement that can be expected after the downtrend is over. The only thing this chart doesn't utilize is the RSI its just pretty. If you agree throw me a like and follow me for more unique concepts, ideas, and projections that keep you in the gains. Much love to my supporters -ND
TRX | TRON | How Can The Price Go Up Again?TRX | TRON | How Can The Price Go Up Again?
TRON is very good crypto compared to many that are in the market.
However, this is a personal opinion:)
From the technical perspective, the price is moving within a "Descending Channel"
Price can actually do an ABC movement or ABCDE movement...
In both situations, we need the price to bounce above the pattern in order to initiate
any bullish movement.
On the other hand, the price has some chances to develop as ABCDE movement.
The "E" wave could be completed near to 0.058049 if that happens...so the price can move down again.
Targets:
🎯 0.064703
🎯 0.066405
🎯 0.068236
🎯 0.071469
Thank you and Good Luck!
TRX - Bullish Setup in a Bearish MarketHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, a quick video on TRON / TRXUSDT with a potential long setup with a low risk and high reward. This trade is based on the fundamentals of buy the support zone and sell the resistance zone. We also take a quick look at the volume to back up this potential trade.
While you're here ! Check out this weekly outlook on BTC 👀
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CryptoCheck
XRP/USDT :: It Grows Slowly .XRP/USDT :::
_ Green channel :: It continues the downward trend and the bottom of the channel shows a very low price .
Pay attention: it is possible to touch the bottom of the channel after a long time by staying in this range, but the price will not drop sharply .
_ Orange and blue channels :: they show a good upward trend .
_ Red line :: shows good points for determining the target .
Tron TRX Bearish SentimentNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
TRX/USDT short
Entry Range: $0.060 - 0.065
Price Target 1: $0.057
Price Target 2: $0.052
Price Target 3: $0.047
Stop Loss: $0.075