TRX is a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Unlike many altcoins exhibiting high volatility, TRX has demonstrated steady upward movement throughout the entire year.
This bullish trend is engulfed within the rising broadening wedge pattern outlined in orange, currently approaching the upper boundary marked by the orange trendline, serving as a non-horizontal resistance.
Additionally, the zone between 0.105 and 0.115 presents a robust resistance level.
📈 To maintain long-term control, the bulls must breach the 0.115 resistance.
If successful, a movement toward the subsequent resistance level at 0.14 can be anticipated.
📉 Conversely, as long as TRX trades below 0.115, there is potential for bears to instigate one more correction (confirmation needed on lower timeframes).
In such a scenario, we should be vigilant for trend-following buy setups as TRX approaches the lower boundary of the orange trendline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
TRX
TONCOIN - Top 10 Crypto Market Cap PotentialTon Targets - Support and Resistance Zones.
Support Zone: $2.275
Resistance Zone 1: $2.55 - $2.65
Target 1: $2.80
Previous Top Resistance Zone: $3.01 - $3.35
Potential Bull Run Target 1: $4.85
Toncoin (TON) is a layer-1 blockchain that emerged back in 2018 from the creators of the secure messaging app Telegram. The project underwent a transformation after being handed over to the TON Foundation, leading to a name change from "Telegram Open Network" to "The Open Network."
Since 2020, the tech has seen progress thanks to a group of enthusiasts working without commercial interests, forming the TON Foundation. Toncoin, previously called Gram, serves as the native cryptocurrency on the TON network.
Originally, the plan was to integrate TON into a user-friendly app enabling fund transactions for users. Users pay fees and employ TON for transaction validation and payments. The Toncoin network relies on the proof-of-stake (PoS) consensus model to ensure scalability and dependability. As per the project's website, the platform offers swift, transparent, and secure payment services, making transactions cost-effective and eliminating the need for third-party apps.
TRON Bullish ChannelHi, welcome to my analysis.
We know that many crypto perform bearish this year, but not for Tron.
This bullish channel up start from mid Nov 2022 and still perform till now.
If you wanna follow this wave, we have support line at 0.07532 or around channel up support to buy with target at 0.09314 at channel up resistance.
Don't forget to support, if you agree with this analysis.
Happy trading,
May profit be with you.
TRON ($TRX) What is Next After The SurgeUnlike the majority of altcoins, TRX began its upward trend even before Bitcoin surpassed its annual high. Currently, TRX is trading at around $0.094, marking the asset's highest price point in the last two years.
Given the ongoing positive dynamics of BTC, a continuation of this growth trend is anticipated. The last time Tron reached these heights was two years ago, rendering the old resistance levels irrelevant. After surpassing the resistance zone of $0.093-$0.094, potential next targets for buyers could be the $0.097 mark and the psychological level of $0.1.
In the event of a correction, the TRX price could fall to $0.091 and enter the buyer's zone between $0.0890-$0.0905. Below that, the support level at $0.0885 could also be tested, without posing a threat to the prevailing uptrend.
TRXUSDT Limit Long is about to TriggerTRXUSDT is clearly one of the strongest coins in the recent months. It has established a clear long-term uptrend, where the resistance has flipped into the support.
We have placed a limit order to go long on the Tron, and we expect quite a strong uptrend to start this week.
Tron clear barrel scraping!!Trx has literally been moving up now for a year! We're days away & it's amazing the consistency of the bottom of Tron. We have seen this with other tokens also and for me it's clearly obvious we're at the lowest point in crypto currently.
This is definitely leading up to the bullrun. The buy walls are in place preventing the price from falling, and the potential for upside is extremely lucrative right now!
🚀🚀🚀🚀🚀
the dock left a signal for the continuation of the trend with a One of them is the opportunity to perform the work with high accuracy in the near future. The last impulse of 70% is only the first investment in the swing of a new trend and in the near future we can expect a retest of intermediate resistance at 0.0210-225 from which there will be an opportunity to move to the main target at 0.025-31. A move left without a retest on the day is a pretty strong signal for the continuation of the trend. It should be borne in mind that longer-term goals are on the 0.05 test and with sufficient volatility we can see a breakdown immediately to this level. It's just that until the cue ball has scored 35k, the 0.025-31 range for docking is a large volume with long-distance trading before the contract extension. With a negative scenario and a general market pullback at the end of the month, there is a possibility of a short-term retest of support at 0.0125 with the trend continuing in the new month.
In combination with a finger-sucked dock, this system provides uft vib pros perl pnt cvp dock wtc drep vite epx fio oax, which I mainly use for work.
ooki is ready to continue the trend in the near futureAfter a wave of growth of 100%, there is a high probability that the ooki trend will continue in the near future. After the momentum of last week, the current weekly has drawn a shadow and there is a payback for the reversal of the weekly candle into a bullish one. In an optimistic scenario, there is a fairly high probability of a breakdown tomorrow. In this case, the goal will be to move past the previous week with the opening of a new week above 0.0035. If there is insufficient volatility, an attempt to move will be formed by a slow trend. On average, the goal is an attempt to consolidate above the trend line formed by hayami. Basically, the target range is 0.0050-75 with further attempts to reach 0.010-0.015.
Ooki remains an option with top growth potential along with uft vib pros perl pnt cvp dock wtc drep vite epx fio oax.
TRX can have a crash (has an educational point)TRX can have a crash
There is an educational tip here, pay close attention:
Educational tip: When we have long shoadow, the price tends to fill 50-60% of these shodows and then continue in the opposite direction. If a CH is in the opposite direction of the long shadow, we have more confirmation.
If more than 70% of the log is filled, it is possible to pass the log.
Above 0.07679: Expected to create a new upward waveHello?
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Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning.
Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading.
In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD).
(TRXUSDT chart)
If the price remains above 0.07679, it is expected to create a new wave.
(1W chart)
It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964.
(1D chart)
Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created.
Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone.
Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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2$ TRX ?Logarithmic chart shows tron in a massive triangle which is holding for now , if the market doesn’t fall bad and keep how its going and if triangle doesn’t break down then i think 2$ for trx is an appropriate target at the end of 2024 and peak cycle , it showed a good strength and also having a greatest daily usage by user , china entering and legalisation the crypto market will also be a good point for tron .
🟩 TRXUSD - best crypto I can findThis is the best crypto coin that I can find.
VOLUME
On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right.
PATTERN
The Pattern printed is a typical VCP (for the Minervini students)
BASE CHARACTERISTICS
We have very strong positive week closes on the bottom of each contraction. Every week has closed +40% of its close range.
RELATIVE STRENGTH
The RS compared to ETH or BTC is off the chart!
If I am to buy any crypto this one looks like a real high probability setup
TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀
💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur.
💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level.
Keep your charts updated and Stay one step ahead of the market 🌴
TRX CAN FALL VERY SOON (1D)The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric!
But the trx went above the red box of the previous analysis and made a stop hunt.
I think we are at the end of wave F and we will have a fall for wave G.
In the red box, we are looking for a downward trigger to enter the sell/short position.
The green area is relatively strong support.
I specified the invalidation level, closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
TRXUSDTThis is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its support zone and, following a bullish pattern, move towards the resistance zones after it hits the support line and establishes itself above it. If it breaks and establishes itself below the line, it can start moving towards its next support line after a pullback.
TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support .
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
TRX/USDT 1DAY UPDATE !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron (TRX) rose to a multi-week high on Thursday, on the back of reports claiming that the blockchain sees nearly 5 million daily transactions.
TRX/USD peaked at 0.08322 earlier in the day, which comes following a low of 0.08043 the day before.
As a result of today’s gains, tron has now risen to its highest point since July 30, when the price traded at a high of 0.08395.
it appears that bulls are attempting to reach a ceiling at 0.08600, however, a hurdle on the relative strength index (RSI) seems to be preventing this.
Price strength is currently tracking at 67.89, which is marginally below a ceiling at the 68.00 level.
In order for bulls to capture their price target, this aforementioned resistance point will need to be broken.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
TRX: Resistance BreakoutTRON (TRX) technical analysis:
Trade setup : Following a bearish breakout from Channel Up pattern, price pulled back near $0.073 support and broke back above $0.08 resistance to resume uptrend, with upside to $0.086. It is also positive to see that during this recent downswing, price reached a bottom at ~$0.07 which was higher than during the prior major downswing at ~$0.065 and previous low of $0.06. That means price made a Higher Low , which is a bullish indication of buyers stepping up on major pullbacks.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080, which it broke, then $0.086.
TRX → a head and shoulders patternhello everyone...
as you can see trxusdt made a H&S pattern but we have not any confirmation that is a reversal pattern or a continuous one, however, the daily time frame shows us a bullish trend:
but it is great if we get a position after the breakout, so if the neckline breakout you can get a long position!
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TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron is the current outlier in our list, as it managed to register an increase of 1.8% this week. This is surprising, considering most altcoins are in red
This performance can be explained by the price action, which placed TRX in an uptrend since the start of the year. The price has been making higher lows and higher highs for months now, and this has not stopped to date.
Tron has support at $0.077, and if buyers persist, they could take the price back to the key resistance at $0.086. If so, the uptrend would likely continue for some time still.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you