TRX IS FUELING UP!MACD is divergent in the positive area and has room to grow. The price is riding a trend line and has managed to break out of a descending trend line that was resistance. The value area between 0.081 and 0.092 shows that TRX has enough strength to scale higher. This trade could procure a profit of 35% - 40%. The support zones are designated in green and resistance zones in red.
TRX
TRX Tron Massive Descending Wedge Potential BreakoutAfter being in a consistent downtrend since December of 2017, trx/btc has come to a crucial crossroads as it encroaches on the 3 year historical resistance line.
The case for a break to the upside:
1) Beautiful swooping weekly stoch follow through
2) Local Cup and Handle heading towards completion right at resistance
3) Bullish territory RSI on the daily
4) Re-test and push above the 50ema on the weekly
And most importantly, with the entire market being bullish for the past 2 months, TRX may very well be the next to experience its bull run. It's certainly due.
That is no guarantee, though...and we don't trade off obligations or hopium.
The play here is to wait for a clean breakout of the trendline on the weekly and possible retest before further upward continuation.
Or this thing could just shoot a green missile before you blink. Such is crypto right now.
This is not financial advice.
HODLER IS WINNER ... my long trade on bittorrent #BTT Bullish on Bittorrent .. lets see if hit these targets..
$TRX breaks the major resistance and pushing higherTRX breaks the major resistance and now retesting it.
broke the downtrend line and pushing higher.
Also, Dominance is also going lower pushing some alts higher.
$0.0931 - $0.097 is the major resistance level and $0.08 - $0.082 is the support zone.
This is good time to buy some TRX
Justin Sun : to the Sun!Salve
How's your FTT bag?
today we lookin at TRX , Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX).
Targets 0.099 - 0.12 - 0.14 - 0.2
Stop loss 0.08 - 0.07
can TRX hits its ATH?
TRXUSDT Technical Analysis
⏳ Spot
💎 TRXUSDT after breaking above the resistance and the triangle is expected to go for a pullback and then go up again.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.08900
☕️ TP1 0.09570
🍺 TP2 0.10000
🍻 TP3 0.10540
🍾 TP4 0.11000
🍷 TP5 0.12200
🍸 TP6 ________
🍹 TP7 ________
🎁 TP8 ________
🚫 SL 0.08500
Good Luck 🎲
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🔥 TRX End Of Consolidation: Break Out?A few weeks ago I made an analysis on TRX. Here I predicted a period of consolidation to occur in the near future. This consolidation did indeed occur and took a bit longer than initially expected.
With the current state of the market, I see TRX breaking out of this period of consolidation any moment now.
The main target for the current move is $0.11. In the previous analysis I put it at $0.12, but I think $0.11 is better suited for early profit taking since September is historically quite a bad month for crypto.
Happy trading!
TRON (TRX) Price to Double in Value? 99% In ProfitIn one of my previous videos, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end.
TRON (TRX) Price to Double in Value? 99% In Profit• In one of my previous statements, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end.
TRX just broke through a newly-formed trendline, and it looks like the rocket is about to shoot up.
• On this chart, I indicated major levels of support and resistance. Even if TRON begins climbing all the way up to its previous all-time-high, there will be corrections on the way up.
• The overall situation in the market seems promising. So, my expectations would be that TRON will repeat a similar scenario that is now played out by assets like SushiSwap, Fantom, and even XLM.
• I’m done for now. I will have one more livestream later today. Thank you for watching this video. If you enjoyed it, consider subscribing to my channel. Perhaps, your trading and investing karma will go up. What goes around comes around.