Tron
TRXUSDT Head and Shoulder patternTRXUSDT (1H CHART) Technical Analysis Update
Head and shoulder pattern
TRX/USDT currently trading at $0.070
Buy-level: $0.067 - $0.070
Stop loss: Below $0.063
Target 1: $0.075
Target 2: $0.085
Target 3: 0.100
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Tron (TRX) mega bullish pattern ?TRX / USDT
possible accumulation above bullish pattern
inverse H&S in high time frames (weekly and Monthly) = mega bullish
Strong volume last few weeks
Possible next mid term targets : 0.07$ - 0.1$
🚨 To remain bullish TRX should hold green area (new support) by monthly candles
Best wishes 🙏
Tron (TRX) - March 29Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
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We have to see if we can get support and climb in the 0.06123805-0.06387631 segment.
If it falls, you need to make sure you get support at 0.05596154.
If you go down at the 0.05596154 point, you need a short stop loss.
If it is supported at 0.06387631, it is expected to rise towards 0.07970585.
On the CCI-RC indicator, it remains to be seen if the CCI line can rise above the EMA line.
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(TRXBTC 1D chart)
We have to see if we can get support at 114 Satoshi and climb along the uptrend line.
If it breaks above the M-Signal on the 1W chart and deviates from the downtrend line, further gains are expected.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
TRX Looking to Rip to New HighsTron has been somewhat of a slow mover this bull market, perhaps the sentiment from the previous cycle as somewhat of a 'scam' coin has hindered it.
However this presents an opportunity for growth. I'm watching the overhead diagonal resistance here for a break to enter. As can be seen from the RSI there is still plenty of room for a move to the upside.
Also have a look at the 3 day chart against bitcoin, it looks great!
And as we know from the previous bull cycle, Justin Sun is a good marketer, and when Tron runs it bangs!
Good luck and please give me a follow if you liked this content :)
TRON 240 MIN CHARTFinally TRX seems to have broken the continuation figure and is looking for support in the area marked above.
- Scenario 1: We can anticipate at this point an entry to look for the previous resistance area as TARGET 1 and 0.08 $ as TARGET 2 with a SL at 0.047 $.
- Scenario 2: Wait for a confirmation with rising highs and lows + BREAK and place our stop below this figure.
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Finalmente TRX parece que ha roto la figura de continuación y busca soporte en la zona marcada anteriormente.
- Escenario 1: Podemos anticipar en este punto una entrada a buscar la zona de resistencia anterior como TARGET 1 y los 0,08 $ como TARGET 2 con un SL en los 0,047 $.
- Escenario 2: Esperar una confirmación con máximos y mínimos crecientes + BREAK y Situar nuestro stop debajo de dicha figura.
Tron (TRX) - March 23Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We have to see if we can ascend to the 0.06103-0.06366 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls from the 0.05577 point, a short stop loss is required.
However, it may rise along the uptrend line, so careful trading is necessary.
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(TRXBTC 1D chart)
We have to see if we can ascend more than 114 Satoshi.
If it falls, we need to see if it can rise along the uptrend line.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)