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Tron

TRXUSDT 3d Two TRX price motion scenario by the end of 2022TRXUSDT is probably one of the most indifferent or anarchic trade couples. It took 2 months since the publication of our previous idea, and nothing has changed on the schedule. The price of TRXUSD did not respond to either the growth or the fall of BTCUSDT price and the crypto market of all, but simply moves steadily to the right. So today we will only refresh the conditions from the previous idea. 1. Currently, the TRX price is traded above $0.06, respectively, the assumption of accumulation of a large position in force. The first possible growth stage is possible up to $0.09. In the event of a crypto market into a growth trend, the Tron price can continue the growth of the blue scenario to $0.17. 2. In the event of a sharp drainage of cryptocurrencies, you can put limit orders for purchase in the liquidity area of ​​$0.047-0.052. If from this liquid zone the price does not sharply up, but will try to fix below it, then the TRX will have to come out, because the chance to collapse more down will be very large. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
21
TRON (TRX) - August 31Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) The key is to keep the price above 0.06236. If not, there is a possibility that it will move down to around 0.04437. (1D chart) Bollinger Bands (60) contracted. Therefore, we expect large volatility to occur in the near future. This volatility is likely to start off the 0.05989-0.07311 interval. - The Stoch RSI indicator is showing a downward trend rather than rising to the overbought zone. It can be seen that the power for ascent is weak. So, if it does not find support above 0.06703, it is likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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 Expands, Support at $0.061 and TRX in a Bear BreakoutPast Performance of Tron TRX prices are moving horizontally, bearish at spot rates but firm against the strong wave of selling pressure. Sellers remain in charge but for trend continuation below $0.061, there must be a high volume, wide-ranging bear breakout for confirmation. Before then, depending on the breakout direction in the current formation, sellers are in the lead, and risk-off traders may search to unpack on every attempt higher towards the August 26 highs. #Tron Technical Analysis TRX is within a bear breakout pattern, and sellers are in the driving seat despite the recent sideways movement. The rejection of lower lows and rejuvenation of buyers in the days ahead, pushing prices above $0.065, could ignite demand, qualifying the August 26 bar as climactic. However, before then, sellers may unload on every pullback towards this reaction line, targeting $0.053 in the medium term expecting a drop below last week's lows in a bear trend continuation pattern. Their confidence is in the fact that the wave down is with high participation. Besides, prices are banding along the lower BB suggesting strong bear momentum. What to Expect from #TRX? TRX is under pressure and is down roughly 13 percent from August 2022 highs. In the days ahead, there must be a strong surge above $0.065 for buyers to take charge. If not, any drop below last week's critical support levels may force TRX lower in subsequent sessions. Resistance level to watch out for: $0.065 Support level to watch out for: $0.061 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
TRON (TRX) - August 18hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) If the price is maintained above the 0.05358-0.06236 range, the uptrend is expected to continue. (1D chart) Primary resistance: 0.07311 Secondary resistance: 0.08034 1st support: 0.06703 2nd support: 0.05358-0.06236 In order to continue the uptrend, it should find support and move higher near 0.06703. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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 (TRX) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1M Chart) In the long term, keeping the price above 0.05358 is key to sustain the uptrend. (1W chart) Resistance: 0.08034-0.08933 Support: 0.05358-0.06236 In order to show an upward trend from a mid- to long-term perspective, the price needs to be maintained above the HA-High indicator. To do this, you need to shake it up and down to make the HA-High indicator fall or rise above the HA-High indicator. (1D chart) Primary resistance: 0.07311 Secondary resistance: 0.08034-0.08933 1st support: 0.06703 2nd support: 0.05358-0.06236 Whether it can move higher than 0.07311 is the key. Since they are holding an uptrend on the 1M chart, i.e. long term, the key is whether they can turn into an uptrend in the short and medium term. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
TRON (TRX) - July 26Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) If it finds support at the 0.06034-0.06427 range, I expect it to lead to further upside. If it falls in the range of 0.04562-0.04736, Stop Loss is required to preserve profit and loss. This should be done in order to secure cash for new opportunities. (1D chart) Primary resistance: 0.07451-0.07679 Secondary resistance: 0.08631 1st support: 0.06034-0.06427 2nd support: 0.04562-0.04736 When the Stoch RSI moves out of the oversold zone, you need to check where support and resistance are found. On the CCI-C indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line. Referencing the Stoch RSI indicator for short-term trading allows you to objectively see the flow. However, since the extent of fluctuation is unknown, it gives you time to react to short-term fluctuations. Currently, the Stoch RSI indicator is located in the oversold zone, so you can think ahead that it will rise if it breaks out of the oversold zone. As mentioned above, the range of fluctuations is unknown, so you need to check where you are currently receiving support and resistance and respond accordingly. Proceeding with a trade thinking that it will rise or fall at this point in your own subjective opinion will make it impossible to establish a standard to respond to. Therefore, it is recommended to prepare objective standards by using indicators that have been widely used in the past. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves 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 through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto