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TRXBTC

Quickpost: Comparing Inverse head & shoulders on TRXBTC & ETHBCPretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD. The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have entered a small position on TRXUSD but once I see it get above its current resistance I will begin adding to it pretty aggressively in the early stages of the move. Once we get above that resistance I will have a 23 risk reward ratio and I will be putting on some margin.
Long
by This_Guhy
1
TRX/USD - Tron pumping to 7 cents! 🚀Tron is on a clear path to 7 cents. The chart is bullish and so are the indicators. If it breaks the 7 cents resistance and moves above 8 cents, then TRX could leave this massive descending triangle visible on the weekly timeframe. Both the MACD and RSI are making higher highs, so this is good and continuation is likely unless BTC pulls the market lower. To me, the price will continue up until it faces the resistance level. Volume is not great on this last pump, but there are reasons to be optimistic right now. Longs have a better r/r right now and my bias is bullish. Like and follow if you liked my idea!
Long
by DU09
TRON (TRX) - June 24hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) Resistance: around 0.08631 Support: 0.04736-0.06034 Below 0.04736 is likely a mid- to long-term investment area, so careful trading is required. (1D chart) Primary resistance: 0.07451-0.07679 Secondary resistance: 0.08223-0.08631 1st support: around 0.06034 2nd support: around 0.04736 There are many support and resistance zones set across the 0.06034-0.08631 zone. Therefore, you need to make sure that there is a sidewalk to get out of this section. Therefore, the key is whether you can break out of the downtrend line and move along the uptrend line. The next volatility period is around July 20th. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
Tron | Will It Stop Or Keep Going?It will keep on going but, let's read... Tron is ultra bullish vs Bitcoin (TRXBTC)... This is a preview of what the Altcoins market has in store for us. First, TRXBTC has been growing since 2019 with higher highs and higher low. I mentioned many times back in 2019 and 2020 that the Altcoins market (ALTSBTC) was set to grow long-term, for many years... This has now come true but things are only getting started. Today TRXBTC breaks the May 2021 resistance/peak price, also great news. This confirms we are in new highs territory and the entire market is intertwined; Remember, what one does, the rest follows. Many coins will not move but we pick the ones that do of course, we can spot it in the charts based on tons of experience. Bullish indicators, etc. After May's 2021 peak price we have August 2020, that's the next target at around 465 satoshis or 0.00000465. If this level is taken out, which is pretty likely, then we will see the 2019 peak price at 860 satoshis challenged. I hope it grows even more. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
11
Tron (TRX) Jumps 24%, Is It A Recovery Or A Dead Cat Bounce?TRON (TRX) prices have jumped by over 24% since the U.S. Federal Reserve raised the interest rates by 75 basis points. Meanwhile, the TRON blockchain has also gained the support of Crypto finance, an asset management group. The TRX token has registered a tumbling week as it dropped with correlating with the other major cryptocurrencies. However, the recent surge has helped the token recover from its recent dump. The TRX prices dropped by around 23% over the past 7 days. It is trading at an average price of $0.0624, at the press time. One of the main reasons considered for the Trx’s price collapse has been the de-pegging of TRON’s stablecoin. USDD is trading at a price of $0.977, at the press time. The stablecoin has shown some improvement as it is up by around 1.6% in the past 24 hours. The USDD token went on to touch the price level of $0.96 on June 15, 2022. Meanwhile, TRON stablecoin’s market circulation has stood at 723.3 million while its market cap has shrunk to $707.2 million. However, the blockchain team took many measures to counter the recent slump. Justin Sun, Head of TRON, announced the plan to withdraw 2.5 billion TRX tokens from the Binance crypto exchange. The withdrawn tokens’ worth amounted to around $125 million. Meanwhile, TRX’s 24 hour volume has surged by around 70% to stand at $2.6 billion. In a bid to provide more stability and global growth to its tokens, the TRON joined hands with Crypto Finance. The release mentioned that more TRON based tokens will be added in the future. This collaboration will provide different access to the network.
BINANCE:TRXUSDLong
by Anthony123111
2
TRON (TRX) - June 8hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) From a mid- to long-term perspective, if the price holds above 0.07192, we expect the uptrend to continue. However, the key issue is whether it is supported by rising above 0.08631, the primary resistance section. (1D chart) If it finds support and rises in the 0.08223-0.08631 section, it is expected to surge. So, the key is whether it can move higher than 0.08631. (buy) - After confirming the support in the section 0.08223-0.08631 (Stop Loss) - When resistance is received by falling in the range of 0.07451 - 0.07679 - When it falls below 0.07070 (Sell) - When receiving resistance in the range 0.11228-0.12526 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto