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TRX

TRON - Update ✅Let's see how TRX is behaving. This is a 1D chart. (Mid Term) TRX is now the first trend on Twitter. It looks like it has safely passed the support/resistance level on the chart and, after confirmation, will turn it into a local support level. This can start a new uptrend for TRON. Support levels: 0.06342 Resistance Area: 0.08169 Bollinger Bands can work as support and resistance too. Here is an example: The market is showing BUY volumes for TRX. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that TRX is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.07171 Let me know your ideas. Good luck.
by ShawnMCR
2
TRX long term with Adam and Eve !! Hello Traders. We find that the currency has formed a positive pattern, which is the Adam and Eve pattern, and the pattern is completed by penetration. It is possible that a re-test to confirm the penetration, and it is also possible that the launch for the first target and then re-test. The targets are orange, access is your responsibility And stop loss if it closes 70.99 daily after the breach In this case, the breach is false. tell me your idea in comment ! I will appreciate that . thank you.
Long
by ahmedelnnaggar
2
Bull Run Stage 1: 46,000. What You Say?Weekly Time-frame We have tested the $44,400 it seems like we have reach the top already. Will see what the daily TF will tell us. $43,132 needs to hold to continue the trend to the upside flipping it and making it a demand zone would mean we can have a breakout to the double bottom. 1D Time-frame We are currently in the supply zone if demand is greater than supply then we can expect more pump to the upside. Daily time-frame is still bullish. Greed and Fear index is #47 which is neutral. If we don't hold it then short position from $44,400 to the downside. 4H Time-frame 4h TF is bullish we have higher high for our Awesome Oscillator and made a higher high candle. I hope you all took profit from the drop before it went up. It was a risky trade indeed. not good to sit on a rocket ship. I will always inform if we are having some reversal trade so all will be careful in entering the position. We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news Trade Scholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
BINANCE:BTCUSD.PLong
by Trade_Scholar
TRX - TRONIX - TRON network on the move higherTronix, also known as TRX, is the native cryptocurrency of Tron: a blockchain-based platform with two main functions. First, it serves as a global online content sharing platform, and secondly, it allows developers to create their own autonomous applications that operate without the need for intermediaries (* information from CoinDesk). This asset hit .1805 back in April 2021 and looks to be headed to much higher ground. Having broken north of the wedge pattern holding it down for several weeks, the price of TRX has climbed steadily. Resistance at .0714 looks a likely target. 2 days ago the 50 EMA crossed the 200 EMA which is known as a Golden Cross and this is a very BULLISH sign. With plenty of support below the currenct price with the 50 EMA and 200 EMA, this asset looks a banker LONG trade.
Long
by forextraplaces
TRON: GEARING UP FOR HIGHER RALLY.Welcome members to this update on TRX/USDT. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. TRX broke out and currently retesting. It is holding good support here and if the market goes bullish then 10% to 15% rally from the current price level. The entry-level will be between $0.06 to $0.061. Stop Loss: $0.058 Targets: $0.0632 $0.0647 $0.0662 $0.0672 Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Let me know what you think about this idea. Do like and share. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
Long
by Dexter_The_Trader
TRX, key level BREAKOUT! Is it a chance to open LONG?Tron(TRX)is now squeezing to a key level after testing the trend line several times. Each test of the trend line was followed by an increase in volumes. This means that the bulls are buying and waiting for a break up. A break-up is very possible now, because we are approaching the level in small candles, which is a bullish signal. After the FALSE breakout it will be possible to open long positions with the minimum target of $0.66-0.68. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
2
TRX, where will the price go? TWO scenarios!Tron (TRX) are consolidating in the area of the biggest horizontal volumes and a large triangle. How to know where the price will go?/ It is necessary to pay attention to exactly where the price will start to squeeze - that's the key! If we see a squeeze to the upper trend line and Bitcoin also shows strength, we will continue strong growth. If we see a squeeze to the lower trend line, most likely, the price will go down. We need to be very careful now, as the TRX are in consolidation and a breakout in any direction, can trigger a strong rise/fall. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
7