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TRX

🔥 TRX Bullish Channel Break Out?A couple of days ago I made an analysis on TRX. In this analysis I argued that it was likely for TRX to reverse before taking another shot at $0.12. The reversal did indeed occur, but was stronger than anticipated. in the end, the $0.10 support held and TRX is currently trading around $0.12. Either of two things can happen now. The bullish scenario would be for TRX will copy Bitcoin's bullishness and break out of the current bullish channel. In the bearish scenario I'm looking at a reversal towards the support area between $0.107 - $0.10, which will function as a spring and launch TRX back to $0.12 and ultimately $0.15. Happy trading!
Long
by FieryTrading
4
TRX 12h How much more to grow The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :) Since then, the price of TRXUSD has managed to fall by -65%: The TRXUSD price has been rising almost uncorrected for the past two months and has almost worked off all of its losses. The TRXUSDT price has been trading in a 20% corridor of $0.10-0.12 for the last few days and most likely, buyers are preparing for another upward momentum. To confirm their strength, buyers should at least keep the TRX price upper $0.10 for the next few days and at most hold above $0.12. We assume that the growth retardation can start in the range of $0.13-0.144 , in this zone fully compensates for the May fall. Deceleration in this area may be provoked by the fact that traders, who had been in a drawdown for 5 months, will want to fix position at break-even and forget about this negative experience. If the area of $0.130-0.144 will not have critically large trading volumes, it will be a signal that the sell-off time has not come yet , and the growth itself may continue at low volumes, as it has been doing for the last months. Targets for a move higher are shown on the chart — $0.155 and $0.169 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
48
TRXUSDT Mid-term AnalysisHello guys According to this chart We had finish a rally a few weeks ago and until 3-4 weeks ago we are in downtrend until the important zone that we shown on chart support the price After the second zone that shown in pink color we can say up trend is beginning and we are in floor price upward trend until the pink zone is not break down with powerful candle and close it below them the up trend is valid you can buy and take long position in buy zone and then put stop loss where we are putting it then put TP and watch we think this year with this bullish market TRX can touch target over a dollar ( 1$ ) but this is just prediction , the market should move and then we update our analysis and predict new target Trx project is powerful Good Luck Abtin
Long
by Abtin00
2
TRXUSDT Technical Analysis ⏳ Spot 💎 TRXUSDT on H4 has formed a Symmetrical triangle and has broken above the resistance already. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 0.09700 ☕️ TP1 0.11900 🍺 TP2 0.12930 🍻 TP3 0.14000 🍾 TP4 0.15200 🍷 TP5 0.09000 🍸 TP6 _______ 🍹 TP7 _______ 🎁 TP8 _______ 🚫 SL 0.09000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals