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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
TRX/USDT - Potential 183% SetupHello Traders! TRX demonstrates the continuation of the correction phase, completing the previous cycle. It's better to form a medium-term position by buying from support levels of $0.0495, $0.0430, $0.0370. It will be necessary to close the position in case of price fall under the level of $0.0240. The profit taking targets within the medium term by the levels of $0.0830 $0.0930 $0.1050 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:TRXUSDLong
by UnknownUnicorn10064030
USDT.D Check the chartHello, by examining the chart, we come to three different scenarios. 1- The first scenario is to complete the price action and break the pattern inside the image and withdraw the money to the fixed assets of the dollar. 2- The second scenario is that with the withdrawal of bitcoin from the exchange and looting by market whales, more volume of liquidity has entered the market to buy more bits and other cryptocurrencies. 3- Suffering within the same limits for all currency codes. 4- The phase of intense fear and monopoly of most whales in the market for cryptocurrencies and Dominance Tetra reaches 8 to 10, which becomes very interesting.
CRYPTOCAP:USDT.D
by ironman_alfa
TRXUSDTHello friends. Please support my study works and I will appreciate for your comments and suggestions. Thank you! As can be seen from the chart, the trend line + order block has worked as a support line. Then we can see the beginning of the strong growth. Now the POC line + order block that previously worked as a resistance, will work as a support. So I expect two scenarios: 1) The weekly maximum will work as a resistance and on the retest of the POC level take a long. RR1:2 2) On the short OB take a short with RR1:5. But just wait for confirmation on the low time frame.
by VolBog
TRX is on the Edge of reaching 0.15$ or 0.04$ !Hello every one TRONUSDT 🟡Chart is speaking it self! 🌳What Is TRON (TRX)? TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS. To learn more about this project, check out our deep dive of Tron. This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018. Overall, TRON has divided its goals into six phases. These include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens and decentralizing the gaming industry. TRON is also one of the most popular blockchains for building DApps. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
13
TRX is on the Edge of reaching 0.15$ or 0.05$ !Hi every one TRON/USDT TRX has formed a Symmetrical Triangle. This pattern is gonna change the price depending on the Break out which is gonna happen soon. If the break out would be bearish, we might have to see TRX at 0.05$ ( Pretty strong support) but if the break out is bullish, TRX will be able to reach 0.15$ pretty Easily. we shall wait and see what's gonna happen next! ⚪Summery: -TRX is in a symmetrical Triangle -Depending on the break out, there is a support at 0.05$ and a Resistance at 0.15$. -Wait for the break out! 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
19
Tron Price Analysis — February 4After breaking out of the long-sustained bearish channel, TRX has surfaced above the eleven-day ascending trendline as the cryptocurrency inches closer to the $0.0650 resistance. A break above the 4-hour 200 SMA, which coincides with the $0.0650 resistance, should help TRX regain a solid bullish trajectory as we approach “Valentine’s rally.” The twenty-fifth-largest cryptocurrency briefly slipped back into the ascending channel earlier today following the US NFP reports, although bulls seized control again and pushed the price above $0.0640. It would be interesting to see what the weekend and next week hold for TRX. Meanwhile, my resistance levels are $0.0650, $0.0680, and $0.0700, and my support levels are $0.0620, $0.0600, and $0.0580. Total Market Capitalization: $1.66 trillion Tron Market Capitalization: $6.44 billion Tron Dominance: 0.35% Market Rank: #25
BINANCE:TRXUSD
by Mr_Wogbe_Alex
TRXBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is the support area S1 which has supported the price several times. We have 3 areas: R1, R2, and R3. The price can move up to R1 and you can save profit there. If R1 and R2 are broken, the price can move up to R3 and you can sell your profit there too. You had better sell it at the R1 line because it is likely for the price to hit the R1 line and then fall. If S1 is broken, it will see lower prices. 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
8