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TRX

TRX - more bullish evidence !I have never been a great believer in this project ! Perhaps because of ignorance ... What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!! The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole ! That is why I stubbornely refuse to give in to the bearish narrative around crypto currencies ! Numerous projects have a bullish setup and are about to break out agains bitcoin after having been in a bear market for years !!! Please prove me wrong !!
Long
by Dangermousebanana
2
How Golden Crossover Signal Can Send Tron to $0.10Tron (TRX) flashed the golden crossover signal, which is widely considered a technical buy signal. The bullish case scenario for this cryptocurrency is also supported by the higher highs and higher lows price structure which signals that an uptrend could be developing. Golden Crossover Signal Most traders only learn to follow the 50 and 200 simple moving averages. However, not many traders know that the golden crossover signal can also occur when the 50-day moving average crosses above the 100-day moving average. Since the 100 period SMA is faster than the 200 periods SMA, we can detect a shift in the general market direction much earlier. Price Structure TRX's price is now printing a series of higher highs followed by at least two higher lows, which signals that we're starting to move upwards. Additionally, based on the RSI oscillator, TRX made a new high in momentum readings which confirms the bullish sentiment. Looking forward: There is not much resistance to the upside until the $0.10 psychological number. On the flip side, we have a strong support level at $0.058. As long as we stay above this support level, TRX has the potential to reach the $0.10 milestone.
by cryptohopper
TRON : WATCHLIST for scalping longFrom most ALT coins i overlook today, TRX look positive on 4H CDC indicator. When looking at weekly view, It already tested major support twice as above chart and on daily TF is moving along this channel So in case of BTC is moving up, this one will be good choice for scalping LONG ................ 1. The analysis is for scalping /day trade methods only , not for coin holders/investors /long term If you follow it please set SL at ur acceptable risk 2. Tradingview won't let me update the analysis status via phone-- but i try to log in PC 1 time a day
Long
by baby_rhino
12
TRX Breaking Up From Super Tight Range (Elliott Wave)TRX is potentially breaking out here. Momentum looks good, we've broken all the downtrend lines. Wave theory suggests that wave-c has finished based on time and price and structure. Harmonic cypher also suggesting a potential bottom. All signs pointing to a MASSIVE up. On-chain statistics are also showing a possible supply shock happening soon. TRX (and most cryptos) will probably go to all time highs from here, and quickly. TRX is likely to be declared legal tender in Grenada within the next few weeks according to Justin Sun, which could give it a huge boost and propel it into the top 10 by market cap.
Long
by Intuit
4