Tron is a low-risk investment, but better than gold and TetherI think that Tron is one of the least risky currencies in the market, which maintained its stronghold and did not experience a large drop, and now I believe that in the weekly analysis, Tron can be considered as a safe and more profitable investment than gold and gold.
For the medium term and of course the long term
Good luck
TRXBTC
TRX - Tron is Ready to Breakout of a 2 Year Bullish Pennant!You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently repeating the same exit pattern it had back in 2021. If Tron breaks out, buckle your seat belts and HODL on tight! I'm long here.
BITCOIN 1D Can break TrendLine? According to the drawn trend line and the resistance zone, we still have the resistance of the trend line and until this zone, if not broken the trend will not rise.
If the line breaks, the analysis process will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Tron TRX chances of a sell-offTRX is a collateral in the stablecoin USDD, that keeps depegging!!!
This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Tron TRX are:
TRX/USDT short
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.030
Stop Loss: $0.062
TRX Tron prediction for the end of the yearUSDD, the Tron DAO reserve is depegging from the dollar.
USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT).
TRX is used as collateral. Could lose value sharply.
TRX/USDT short:
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion.
Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently.
He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange.
Yesterday the amount of withdrawals from Huobi were significant, $60 Million.
There are Insolvency Rumors for Huobi.
I think TRX will ultimately reach its pandemic low of $0.0072.
Looking forward to read your opinion about it.
TRX: Showing strange trendTRX is showing since short term a strange pattern, for this reason, we will follow this coin to see if it can confirm the breakdown trend.
There is a cash-out trend on TRX, the question is to see if there is a whale trend following the same pattern.
Until now it's interesting to follow to see last trends on TRX.
A long at this moment on TRX can be risky since it's important to confirm the trend first.
TRXUSD is ready. Are you ready for this? 50 % dump (NEW)TRXUSD looks ready. The price has been in the descending triangle for a long time. Now it looks like it's ready for a breakout.
Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down.
Targets are shown on the chart.
We don't expect it to go to zero therefore targets are defined based on the historial key supports instead of traditional methodology applicable to trading descending triangle pattern.
Expect more FUD in crypto market which could be a trigger for a triangle to breakdown.
good luck
✳️ TRON On A Long-Term Path Towards 700 SatoshisTRON is aiming at 700 satoshis (0.00000700) and since January 2021 we have higher highs and higher lows.
Recently, after a new resistance level was conquered in June 2022, we are seeing bullish consolidation for the past six months.
Trading within a bull-flag, we can expect higher prices in the months to come.
This is a long-term analysis.
Namaste.
TRX - Range trend but positive momentumDuring the past weeks, TRX had a range trend but positive momentum. The price of Tron entered a correction after the bearish wave, which was able to stay at the support level of $0.053-$0.054 by breaking the downtrend line drawn in the previous analysis. Again, a positive reaction has been observed at this level, which indicates the attempt of buyers to grow the price to the resistance of $0.057 to $0.059. In general, the major resistance in daily time is considered in the range of $0.070. But in the 4-hour period, if the $0.059 resistance is broken, we can expect further growth and an upward trend. So, in general, for this week, the resistances of $0.059 and $0.062 can be short-term targets for buyers. You can also consider a narrow ascending channel for the price in the 4-hour timeframe. As long as the bottom of the channel is maintained in the orange range, we expect the price to grow.
The 0.05358 point is stronger than any pointHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXBTC 1W Chart)
It has risen in the section where the power of the rise is gained.
In order to release this force, we need to see if the price can sustain above 0.0000 0318.
-----------------------------------------
(TRXUSDT 1W chart)
The key is whether it can get support around 0.05358 and rise above 0.06004.
If not, a fall below 0.04562 is highly likely and you should think about how to counteract that.
(1D chart)
TRX is linked to USDD, a stablecoin.
Therefore, a drop in the price of TRX is likely to have a profound impact on the shape of TRX.
So, I think keeping the price above 0.05358 is of utmost importance.
Therefore, you have to work hard to ensure that USDD is pegged to $1.
Those who believe in TRX and continue their mid- to long-term investments should take advantage of this and take a trading method that increases the number of coins corresponding to profits while recovering the principal amount purchased.
The next volatility period is around January 15th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
trx viewpoin shortHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the trx symbol.
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
Trading opportunity in TRXUSDTBased on technical factors there is a Sell position in :
📊 TRXUSDT Tron
🔴 Sell Now 0.05451
🧯 Stop loss 0.05605
🏹 Target 1 0.05285
🏹 Target 2 0.05065
🏹 Target 3 0.04715
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
TRON, which is expected to promote new business in 2023...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXBTC 1W Chart)
A rise above 0.0000 0318 is expected to release bullish strength.
---------------------------------------
(TRXUSDT 1W chart)
The key is whether the price can stay above 0.05358 to break out of the long-term downtrend channel.
And, ultimately, whether it can rise above 0.06236 is important.
(1D chart)
The key is whether it can rise with support in the 0.05136-0.05358 range.
If not, a decline to around 0.04437 is likely.
Since TRX is issued as a stable coin, a drop in the price of TRX can create a great risk.
(USDDUSDT 1D chart)
Therefore, holders of TRX need to pay attention to USDD's pegging situation.
We are currently airdropping APENFT (NFT) tokens until 2023 to promote new businesses.
Attention is focusing on whether the victory or defeat of the business to be carried out this time can change the fate of TRX.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
TRON (TRX) - November 24Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXBTC 1W Chart)
The range of 0.0000 0259 to 0.0000 0311 is the boundary between rising and falling.
Therefore, if the price stays above 0.0000 0311, it is likely to release upward force.
-----------------------------------------
(TRXUSDT 1W chart)
The key question is whether it can move above 0.06236 to break out of the long-term downtrend channel.
(1D chart)
The 0.03538-0.04437 interval determines the trend.
Therefore, if it falls, it must rise with support in the 0.03538-0.04437 range.
To turn into an uptrend, the price needs to hold at least 0.05358 higher.
At the same time, as a whole, the price should make a move to break out of the downtrend channel.
Accordingly, the key is whether the price is maintained by rising more than 0.05358 due to the volatility around December 1st.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Tron TRX - 51% crash very soon!
It's a great opportunity to short TRX on the futures market. You can short TRX on almost all exchanges. So it's very positive!
The technical analysis of Tron looks very bearish. Descending triangles are likely to breakdown with a 60% pullback rate (retest) before continuing lower.
The uptrend from 2020 to 2021 looks like a three-wave structure. It's not looking good to me. It's not going to be a surprise if TRX crashes even harder than 51%. I want to see a strong impulse wave, but this is not an impulse wave.
This chart indicates that more blood is coming for the crypto market. It's possible!
I expected a strong reaction from the POC of the previous triangle and also from the 0.618 LOG FIB. These levels are ideal for profit taking or a short-term long position.
If you hold TRX, then it can be your last chance to sell it for a pretty good price. Even a 90 percent crash is possible, believe it or not.
But I have to admit that TRX is holding its value pretty well. Unfortunately, the price is compressed in this triangle, and a huge, massive red dildo can be printed very soon!
For more ideas, hit "Like" and "Follow"!
TRON/BTC Ready for Another 60% Down Move..?#TRX/BTC Technical Analysis:-
#Tron currently trading at 314 Satoshi area and 360 Satoshi is Strong Resistance Zone.
I think it will Not break in this Cycle.
I am Also Brarish in #Tron/BTC Pair and Expecting another 60-70% Down Move from This Level.
Sell Point :- 320-360 Satoshi
Targets:-
TP1:- 250 Satoshi
TP2:- 180 Satoshi
TP3:- 140 Satoshi
Always Try to Buy Partially and Never buy in One Lot.
Please Like and Appreciate.
Thank you.
TRX looks really bad if neckline breaksWe've got a descending triangle pattern printed waiting breakout for confirmation.
TRX looks really bad if neckline breaks.
It can go down as much as 75% from the point of the potential breakout, this could imply that USDD could also go bust as Justin Sun fails in saving FTX and end up being the last man boarding titanic.
###NOT FINANCIAL ADVICE###
TRON (TRX) - November 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXBTC 1W Chart)
The key is whether it can move above 0.0000 0318 to find support.
---------------------------------------
(TRXUSDT 1W Chart)
As Tron pegs the stablecoin with TRX, it becomes important to be supported in the 0.05358-0.06236 range.
Therefore, it is necessary to check whether it is supported in the 0.05358-0.06236 section.
If it doesn't and it goes down, the key is to touch the 0.03538-0.04437 section and return quickly.
(1D chart)
We need to see if we can quickly rise above 0.05989.
If not, you should check to see if there is support around 0.05358.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------