Fractal. TRX/USD BTC/USDTimeframe 3 days. Logarithm graph. Fractal.
On the trading pair TRX /USD, an identical fractal was formed after the dump as in March-April 2020 on the BTC/USD trading pair during the birth of a super uptrend + 723% from the resistance breakout zone of this local formation.
Fractals are a similarity, and the development potential of this similarity is nothing more. The small is the repetition of the big, the big is the small.
It is quite possible that at the expense of USDD, but more carefully, not since scam projects like the fallen moon, the throne will be pumped up by their USDD stablecoin.
The red throne has other privileges, perhaps a slightly modified scheme will come true. As well as red Tron for “new, former reds.” The impossible can become possible.
July 27 The Fed interest rate decision coincided interestingly with a daily fractal and a breakout. It is quite possible that this day will be crucial for the stock market and cryptocurrency. Be extremely careful in trading on this day.
Tron
TRXUSD ❕ upward channelTron is moving in an uptrend channel and is above liquidity.
Price is testing 200MA as support on the 4H Timeframe and 50MA on the 1H Timeframe.
TD Sequential has formed an up reversal signal (1H TF)
Price and RSI have formed a bullish divergence (1H TF)
I expect the continuation of growth after fixing above the lower limit of the channel.
TRON (TRX) - July 12Hello?
Traders, welcome.
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(TRXUSDT 1M Chart)
The 0.04736-0.06034 interval is the interval that determines the trend.
Therefore, if the price is maintained above this range, it is expected to rise.
(1W chart)
Primary resistance: 0.07679-0.08631
Secondary resistance: 0.10176-0.11228
1st support: 0.06034-0.06461
Second support: 0.04736
(1D chart)
On July 9th, the RSI marked an overbought zone and is declining.
It is necessary to check whether it can be supported in the first support section.
In particular, you need to make sure it is supported at 0.06532.
The volatility period is around July 20.
------------------------------------------------------------ -----------------------------------------------------
** 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.)
---------------------------------
TRXUSD ❕ descending wedgeTron is moving in a downward wedge after a local upward movement.
TD Sequential has formed a reversal signal downward on the 30m Timeframe.
I expect TRX may continue to decline if it fixes below the support level. The coin has a good potential for growth, but now we don't see strong movements in trading volumes, so the loss of the support level will lead to a fall, and there are already attractive entry points for buying.
Tron TRXBTC - HUGE Breakout! Channel + 200MA + Elliott Wave!- Tron is currently one of the strongest altcoin on the crypto market!
- On the weekly chart we can spot a descending channel , that has been destroyed by the bulls.
- Also we can see a broken ymmetrical triangle, which is definitely a great sign too!
- 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the level!
- We are currently in the Impulse Wave (1-2-3-4-5), so it is the best time to buy right now.
- Next resistance is the previous all time high from 2018.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
TRXUSDT Consolidation more than 1y and its possible consequencesBefore you is the global chart of TRXUSDT on a 3-day time frame.
At a time when most altcoins show a stable downward trend for more than a year, the price of TRXUSD is consolidating in the upper half of the all-time price range.
If at the beginning of the consolidation, the price movement in the consolidation was 300%, now the possible price movement within the consolidation triangle is 50%.
Further, in the consolidation, "the spring will be compressing" , and this may drag on until the fall, or even until the end of the year. But when it shoots, the impulse will be very strong and long-lasting.
The chart shows a strong liquidity zone $0.046-0.052. F or the first time, sellers and buyers actively competed in this zone in May - July 2021.
During the May fall in 2022. - the TRX price confidently growing from $0.07 to $0.09, when parallels 90% of alts were mercilessly falling.
However, already in June 2022, the TRXUSDT price caught up with the general fall of the crypto market, but a large aggressive buyer did not allow the price to update the minimum from May 2021. (FUD around the stablecoin Usdd)
Summarizing :
If in the coming days-weeks the TRXUSDT price will not be allowed to fall below $0.06, then know - it is being accumulated by large buyers.
The minimum goal for growth is $0.09, and if it breaks higher, the Tron price will be able to fly up to $0.135-0.14
If you see the TRXUSD price fixing below $0.52, you will most likely have to flee from the Tron, because there will be a threat that the fall will accelerate to $0.25-0.35
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TRXUSDT will be in down trendTRXUSDT trade will be in down trend channel ultimately it will touch -161.8% level then you can get good price to open buy position.
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TRXUSD ❕ bullish flagTRON came up out of the downward channel.
The TRC-20 network has seen sustained high activity.
Justin Sun's Stablecoin USDD has almost recovered its peg to the U.S. dollar.
The price of the token is above liquidity.
The current TRX movement looks like a bullish flag.
Trading volumes have risen on the formation of the flagpole, but the flag itself is forming on declining trading volumes.
The 50MA may soon break up the 100MA on the 30m Timeframe.
I expect the Tron may continue to rise, after testing and fixing above the resistance level.
The price of Tron will reach 0.072.Hello.
According to the analysis, the Tron currency will fall in the resistance point "Re 1" and then with the price falling on one of the support points "Su 1" or "Su 2" its price will return to the point " Re 1 "arrives.
So according to the analysis we have to keep our price up to 0.072 Tron and then sell it so that the Tron currency reaches one of the support points.
First resistance point: Re 1
First support point: Su 1
Second support point: Su2
Thank you very much for your valuable time.
TRX - another opportunity for shortReasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Broke local trendline
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
TRX - Down we go, go, go, go..Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 50 ATR, coin at high
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0.07046
TP2= @ 0.07410
TP3= @ 0.07869
TP4= @ 0.08573
TP5= @ 0.09223
SL= Break below S2
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💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.07046
TP2= @ 0.07410
TP3= @ 0.07869
TP4= @ 0.08573
TP5= @ 0.09223
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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!
TRX - Impulse is closeReasons to take long:
⭐️ We are in a bear trend
⭐️ Trendline 8 days long
⭐️ Level is clean
⭐️ Price is squeezing to the trendline
⭐️ 4th touch
⭐️ 35 ATR
⭐️ Volume decreased. Either we see an impulse up or down.
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
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.)
---------------------------------
Trading opportunity for TRXUSDT - TronBased on technical factors there is a long position in :
📊 TRXUSDT Tron
🔵 Long Now 0.06143
🧯 Stop loss 0.05180
🏹 Target 1 0.06666
🏹 Target 2 0.07250
🏹 Target 3 0.07878
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
TRON Could Have a Terra Luna CollapseTron's stablecoin USDD has lost its peg and despite the $5bil of reserve cash used to prop it back up, it continues to fall further and further from $1. Tron mimicked the Terra Luna UST model and implemented their own stablecoin just days before the UST Luna collapse. If Tron is unable to re-establish the 1:1 peg, it's fate might be the same as Luna's. This is my favorite short.