Trxusdt
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the present chart, we have R2 that used to a support area. R2 is our resistance line and the disability of the price to rise is shown. And S1 and S2 are the support areas which include the support of the price at several points since the past. Presently, the price is fluctuating in R1 area and we must wait for it to leave the area. Thus we will have two scenarios for it. Either it will rise over R1 and by giving a fixation and receiving some confirmation candles, we expect more rise or it toward R2. Or it is possible to fall below R1 and then have more decline to S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TRXUSDTHello my dear friends
The triangle pattern is very cleanly formed in the higher time frames.
If the current trend is below the price range of $0.0592, the possibility of forming a downward trend similar to the drawn scenario is not out of mind.
But if the current trend is above the price range of $0.07893, there is a possibility of forming an upward trend similar to the drawn scenario.
According to the momentum of the current trend, the possibility of forming the first scenario (downtrend) is more likely.
We would be happy to hear your comments.
TRON setup in 1 Look! TRXUSDT Update 📈📉Hello traders, what's going on today ?!
Since 21 FEB 2022, that I posted the last analysis
for trxusdt , TRON has continued to fluctuate in a symyrycal triangle till now . (more than 30%💰 (1x)short).
Also today as you see in the weekly timeframe for trxusdt , it can continue to fluctuate more , then finally will breakout this great triangle pattern ,which typically a strong bullish pattern , but at the current situation due to uncertainty about the future , I' not sure that it can massively rise or may fall again after any breakout
but I know where more likely the price action have a reaction , thus for any possible scenario I already have a proper setup with a favorable R:R ,that can be triggered automatically !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
TRXUSDTPERPAfter the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an important support area, and if it is lost, lower prices are considered for this.
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.
🔥 TRX: possible false breakout abd riseTRX price is creating the rising wedge. This is a bearish pattern but after the BTC fall for the 75% the continuation of the downtrend is less possible then consolidation or growth.
The price should return to rising wedge for continuation of it growth. It shown sign of bulls. Additionally, we see how TRX was growing after the fall. A lot of buyers were at the bottom what is shows us the strength of this alt. Even when BTC fall it continue it`s uptrend.
Also, the growth is possible because of the short traders which are open their possition after the Luna crasg and wait for the crash of USDD (Tron`s stablecoin) but situation normalized.
The volumes after the false brakout don`t show that a lot of traders were trapped. Even after break of the lower boundary volume doesn`t change so we have to wait for our trading setup.
The target is value area of $0.78-0.86.
Additional scenario is the retest of lower boundary of rising wedge as the resistance and continuation of fall. It`s possible if BTC continue it`s fall to 17-17,5k to make a relow and collect liquidity.
In this case the target will be the area of $0.5-0.55.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRON (TRX) - July 12Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(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.)
---------------------------------
TRXUSDTPERPAfter the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the range of Break price action resistance.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.
#Tron Stabilize as TRX Bulls Expect to Retest $0.076Past Performance of Tron
Tron prices are stable at spot rates, reading from the performance in the daily chart. Even though the uptrend is labored, TRX buyers are still in control from an effort versus result perspective. As such, Tron prices may still edge higher in a bull continuation pattern. The upthrust would be in confirmation of the June 15 bull bar and may see TRX race towards June 13 highs of $0.076.
#Tron Technical Analysis
TRX buyers are still in control, and the recovery is on course. From the daily chart, the gains of June 15 are yet to be fully confirmed in a move that may see TRX reverse the losses of June 13 and 14. The two bearish bars still define the short and medium-term trends of TRX, and buyers must reverse those losses for a clear trajectory to emerge. Therefore, with the upside momentum still strong and market conditions shifting, TRX traders may find entries above $0.062 with immediate targets at June 13 highs of $0.076. Further gains may see TRX race towards May 2022 highs of $0.090.
What to Expect from #TRX?
Traders are upbeat. Tron will have more headroom in the medium term if the losses of June 13 and 14 are fully reversed. However, TRX will be in a bullish course only if prices are above $0.062.
Resistance level to watch out for: $0.070
Support level to watch out for: $0.062
Disclaimer: Opinions expressed are not investment advice. Do your research.
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"!
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
According to our previous analysis on June 22, we expected a rising trend and now you see that this has happened and the price is on the rise. At the current chart, we have R2 as the resistance line and the unsuccessful attempts of the price to rise is obvious. R1 used to be support line and also S1 is a support area that includes the support of the price since the past. Now the price is fluctuating below R1 and we believe it will rise to R1 and then at this point we will activate our short position and even it may rise over this line and fixes itself for more increase. Or the price might be rejected at R1 and face a decline toward S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Tron Long-Term Higher Low Leads To Higher HighWe have here the long-term chart for Tron (TRXUSDT).
We will focus on the higher low.
Look back to June 2021;
The marked support level was hit followed by a 175%+ bullish wave.
June 2022 we hit a higher low:
A new bullish wave can follow of similar magnitude.
We mapped for you multiple targets on the chart.
I hope you find this information useful.
Feel free to follow, share, comment & like if you enjoy the content.
Namaste.
Trading Signal For TRXUSDT Tron Trading Setup:
There is a Trading Signal to Sell in TRXUSDT Tron .
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 0.0676
⭕️SL @ 0.0683
🔵TP1 @ 0.0655
🔵TP2 @ 0.0625
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
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
_______________________________
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 :)