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TRX

TRX/USDT: AT THE RESISTANCE.Welcome folks to my new update on TRX/USDT. If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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. TRX is trying hard to break above the resistance level. If TRX manages to break this level then I am expecting an 8%-10% rally. A rejection on the other hand will drop the price back to $0.058 where we can have a good buying zone keeping in mind the invalidation point. In both scenarios, I am gonna accumulate TRX. Let's see where the market leads. What do you think about TRX? Let me know in the comments. Do like, and follow for more updates. Thank you.
by Dexter_The_Trader
TRXBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price is fluctuating below the first resistance line which has rejected the price several times. We expect this line to be broken and if so, it will move up to the first resistance zone. After hitting the second resistance, it can form an inverse H&S pattern. If the first resistance is not broken, it will move down to the first support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
TRON Could Test 5.5 cents before going to $10+ next yearWave-B has formed into a double combination which are normally retraced 80%. Wave-E from beginning to end should also be related to wave-C by 61.8% in price, and C+D in time. This leaves us with a target of 5.5 cents for TRX, which could happen around February or March. Following this correction we should see an explosive rally which will take TRX well above all time highs because this will be the actual end of the 4 year bear market pattern. It could go higher than $10 next year and then even higher in the following year. Positive regulations from the US will be a major driver of crypto prices next year as new institutional money starts entering because of regulatory clarity. High inflation will also be a major driver of higher prices in later 2022.
BINANCE:TRXUSDShort
by Intuit
29
Can TRX use energy for growth?Hello everyone, let's do the 1D TRX / USDT review. As you can see, the price is below the downtrend line. Let's set the two closest supports which are at the levels: $ 0.05564 and $ 0.05132. while looking the other way, we can establish several resistance lines that the TRX will have to overcome on its way. The first resistance is at $ 0.07038 and the next resistance is at $ 0.08188 and $ 0.09087. It is worth noting that on the CHOP indicator we regain energy again and there is quite a lot of it.
by cryptodailyuk
TRX - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart TRX is sitting around strong support in green so we will be looking for buy setups on lower timeframes. DAILY: Left Chart TRX is forming an inverse head and shoulders pattern but it is not ready to go yet. Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, TRX would be overall bearish can still trade lower inside the green support. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:TRXUSDLong
by TheSignalyst
23
TRXUSDT TECHNICAL ANALYSISTRON lost over 65% last year April till now and $TRX hasn't reached out last ATH yet. The candles are staying on Support level and whole candles are in triangle. If recent candle open-close completely above to support line, it might be an opportunity for buy. One of the coming candle break out down trend-line and later candle open-close completely above down trend-line, it may another opportunity to buy as well. We haven't got buy signal from @EngineeringRobo daily time frame yet but we have got multiples buy signals in 3H time frame. MA7&25 changed direction on negative way but when we look at the MA20&50, it changed direction on positive way as well. We haven't got any buy signals on MA20 or MA50 yet. Also, if candles stay above to up trend line, it may gain more. But do not do any trade while candles are in triangle. Wait for clear out then move forward. Let's follow our chart together. "NFA"
by ABSTOCKER