TRX
BTC compared to SPY/QQQ giving 2 predictions.The market has been holding strong on dubious fed news and high inflation. The BC charts appeared to have been a leading factor as opposed the smaller moves on the major US indexes. This break down has been expected and I have held BTC, SHIB, LUNA2 and TRX shorts which have all been closed today to 75% of their new value. I'm now awaiting a bounce to the 22k or 23.4k levels as are shown at the lines 1 and 2. These will then fall back to a larger target around the 20k mark. I've left 25% of the trades to run because this could drop further to the 20k mark if SPY, QQQ and DJI all drop hard, which they are posed to do soon for a natural correction.
So 2 real options, within the next 2 weeks, BTC recovers slighlty before more falling and the SPY, QQQ hold up.
Or, SPY, QQQ both fall, dragging BTC with it.
TRON (TRX) - August 18hello?
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(TRXUSDT 1W Chart)
If the price is maintained above the 0.05358-0.06236 range, the uptrend is expected to continue.
(1D chart)
Primary resistance: 0.07311
Secondary resistance: 0.08034
1st support: 0.06703
2nd support: 0.05358-0.06236
In order to continue the uptrend, it should find support and move higher near 0.06703.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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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TRXUSDT |Coin Review| Breakdown by 6% to the depositHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Ascending Triangle Formation
📌The price has broken through the support zone of the pattern, I expect a further decline to approximately the zone ($0.06522)
📌 Bitcoin is dominating now, alt dominance is on ATH When bitcoin starts to rise, alt will catch a deep correction.
📌Not financial advice, just sharing my thoughts on what I think about the schedule!
TRX & Cryptos TrendConsolidation phase of the minimums.
TRX, like many other cryptocurrencies (including BTC), will initiate a phase of consolidation of the lows that will last throughout the month of August. It could go further until mid-October.
After the double bottom, the upward retracement will begin following the declines that began last October (the beginning of the war) which will give great but vain hopes.
The new BullRun will start from the end of 2023 so until then it will be an ups and downs of retracements and accumulations.
We can call it stationarity.
TRON (TRX) - August 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(TRXUSDT 1M Chart)
In the long term, keeping the price above 0.05358 is key to sustain the uptrend.
(1W chart)
Resistance: 0.08034-0.08933
Support: 0.05358-0.06236
In order to show an upward trend from a mid- to long-term perspective, the price needs to be maintained above the HA-High indicator.
To do this, you need to shake it up and down to make the HA-High indicator fall or rise above the HA-High indicator.
(1D chart)
Primary resistance: 0.07311
Secondary resistance: 0.08034-0.08933
1st support: 0.06703
2nd support: 0.05358-0.06236
Whether it can move higher than 0.07311 is the key.
Since they are holding an uptrend on the 1M chart, i.e. long term, the key is whether they can turn into an uptrend in the short and medium term.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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TRXUSDT |Coin Review| Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Let's analyze the tron coin today
📌At the moment, the asset is at the stage of consolidation, after a strong strait, the price was quickly bought back and is now held in the range of $0.6990
📌It is also worth noting that a large fund called SEED Venture Capital has recently invested in the project, and this fund also invests in projects such as NEO, ZIL, CND, XRP
📌I think if large funds continue to invest in such projects, then it makes sense to buy these coins in your investment portfolio.
What do you think about this, will there be a breakthrough to the zone of local resistance in the near future?
Descending Triangle on TRX/USDTTriangle patterns are most commonly applied on daily charts and interpreted over a period of several months. For example, strong triangle patterns on a daily chart require a prior trend that is at least a few months old and typically develops for several months before a breakout occurs
TRON (TRX) - July 26Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(TRXUSDT 1W Chart)
If it finds support at the 0.06034-0.06427 range, I expect it to lead to further upside.
If it falls in the range of 0.04562-0.04736, Stop Loss is required to preserve profit and loss.
This should be done in order to secure cash for new opportunities.
(1D chart)
Primary resistance: 0.07451-0.07679
Secondary resistance: 0.08631
1st support: 0.06034-0.06427
2nd support: 0.04562-0.04736
When the Stoch RSI moves out of the oversold zone, you need to check where support and resistance are found.
On the CCI-C indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line.
Referencing the Stoch RSI indicator for short-term trading allows you to objectively see the flow.
However, since the extent of fluctuation is unknown, it gives you time to react to short-term fluctuations.
Currently, the Stoch RSI indicator is located in the oversold zone, so you can think ahead that it will rise if it breaks out of the oversold zone.
As mentioned above, the range of fluctuations is unknown, so you need to check where you are currently receiving support and resistance and respond accordingly.
Proceeding with a trade thinking that it will rise or fall at this point in your own subjective opinion will make it impossible to establish a standard to respond to.
Therefore, it is recommended to prepare objective standards by using indicators that have been widely used in the past.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Fractal. TRX/USD BTC/USDTimeframe 3 days. Logarithm graph. Fractal.
On the trading pair TRX /USD, an identical fractal was formed after the dump as in March-April 2020 on the BTC/USD trading pair during the birth of a super uptrend + 723% from the resistance breakout zone of this local formation.
Fractals are a similarity, and the development potential of this similarity is nothing more. The small is the repetition of the big, the big is the small.
It is quite possible that at the expense of USDD, but more carefully, not since scam projects like the fallen moon, the throne will be pumped up by their USDD stablecoin.
The red throne has other privileges, perhaps a slightly modified scheme will come true. As well as red Tron for “new, former reds.” The impossible can become possible.
July 27 The Fed interest rate decision coincided interestingly with a daily fractal and a breakout. It is quite possible that this day will be crucial for the stock market and cryptocurrency. Be extremely careful in trading on this day.