Tron vs Tether Long-Term (115% Potential to All-Time High)TRON has been printing higher lows vs Tether (TRONUSDT) since March 2020; we have a bullish chart setup.
TRXUSDT price remains trading above EMA100/50/10.
We have the highest volume ever this month of May.
We have a strong RSI as well and a total potential of 115% to its all time high.
The main support levels go as follow:
1) 0.075200 short-term.
2) 0.064825 main support for the current move.
3) 0.046376 long-term support.
You can stay 100% bullish above 0.075200.
Below this level things can change but the bullish bias remains strong above 'main support'.
That is all.
I hope you find this information useful and it helps you maximize profits.
I am wishing you tons of success, great health and lots of wealth.
Namaste.
Trxusdt
TRX on the way to 0.12$TRON is in an ascending Triangle which is a Pretty Good and Obvious Bullish Sign! The Price will Be Starting To Pump Heavily once The Break out Happens! The Expected Price for Break out is around 0.088$ and It would Reach 0.12$ (The Price will Increase as much as the Measured Price Movement AB=CD)
-TRX is in an Ascending Triangle
-No Break out yet
-Break out will Happen 0.088$
-Price will reach 0.12$
-(AB=CD)
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Thank you for seeing idea .
Have a nice day and Good luck
$TRX - 3 Confluences To Short It *Smart Money**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry 0.0806 (Already Entered but we have a long way to go so enter soon)
Stop Loss: 0.0847 - 0.085
Take Profit: 0.073541
If you look at the Daily Chart My entry is based upon the Bwearish Order Block (Bottom Last daily green candle before the high). As price seeks liquidity or imbalances, I believe its heading for the imbalance in the 4 hour chart, The fair Value Gap And then if ypou look at the 4 hour theres a Fair Value Gap at 0.073541, Near this same Price is the Discount Price in the Dealing Range (Dealing Rang Example ,
Discount Price is 61.8% of retracement)
Also in this same area is a bullish order block on the 4 hour
So thats the 3 Confluences. 1. Fair Value Gap (4HR) 2. at the Discount Price of the Dealing range (Daily Chart) 3. Which is also at the Bullish Order Block (4HR).
This is where smart Money would be aiming to buy up more TRX at a discount price as it goes past two areas of relatively equal lows on the 15 min chart where most retail traders stay.
They'll believe these to be Support Lines, when it's a false sense of support as Smart Money wil drive the price deeper just to buy Cheaper.
Good Luck and Happy Trading BINANCE:TRXUSDT
BINANCE:TRXUSD
KUCOIN:TRXUSDT
OKCOIN:TRXUSD
COINEX:TRXUSDT
TRX one of the strongest coin in the marketI am very interested in tron. Justin"s coin looks like it wants higher... 3D chart shows us that price is slightly below resistance which was tested 5x times already in past year... if this break up - we can see double digits gains. MANAGE YOUR RISK
NOT FINANCIAL ADVICE
TRXUSDT- 1W SETUPTRXUSDT price held the long-term support for one Month and closed above EMA 21. Bulls looked in accumulation mode as they did well by holding the nerves and did not panic sell. So it is giving a good feeling about upcoming sessions that if a breakout happened we could see a massive rally upward. So keep accumulating at these levels.
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TRXUSDT
As we predicted on May 18, we had a head and shoulders pattern in that chart and we predicted a pull back for the price up to the resistance area and then another fall for it in order to form the right shoulder of our pattern. Now you see that our expectation came true. At this chart, we observe a long-term support line (S2) which shows that the price touched this line several times and then it had rising trend and entered a rising trend and formed a rising channel. Although the price tried to rise again, it was not able to break our first resistance line and we just see some shadows over the first resistance line at its last try. Now the price is fluctuating below the first resistance line and we expect two scenarios for it to happen. In case the price moves above the first resistance line and fixes over this area, then it will move to our second resistance area and it faces more increase. But if the price loses its support and has a falling trend, then we will predict more decline for it down to the second support line and it will have more fall.
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
TRX Is Stuck between 0.033$ and 0.11$TRX is in a Descending Triangle. This Pattern is Pretty Visible on The WHITEBIT Exchange Chart and we can Be Sure Of a Big movement Pretty Soon. We can Expect the Price to be Bearish and That It would Decrease to 0.033 $. also there is a Slight chance that the Price would become Bullish and would Start a Bullish Movement From Here and Reach 0.11$ We can not Say For Sure What Is gonna Happen Since the Price Has Not Done a Confirming Movement YET!
-TRX is in a Descending Triangle
-Movement can Be bearish Or Even Bullish.
-0.033 in bearish Case and 0.11$ in Bullish Case.
-wait for Break out.
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Thank you for seeing idea .
Have a nice day and Good luck
WILL TRON EXPLODE?!?! (TRXUSDT)As we can see on the chart Tron is forming a descending triangle. If Tron can break the trendline resistance it probably means bullish continuation. Otherwise if the support area is broken it will continue the bearish trend. My suggestion is wait until trendline resistance or support area broken, wait for retest, entry when a confirmation candle is formed. If trendline resistance is broken there is possibilities that TRXUSDT will go to all time high, set first take profit target on the last all time high and let the rest go with the bull!!!
TRXUSDTThis is a short analysis
We are witnessing dynamic support and resistance.
If we expand our vision, we can also see a flag pattern
My long-term view of this currency is declining
I also consider this currency to be a currency left over from the declining market, which may surprise everyone
Keeping an eye on this currency, we realize that it is trying to move freely, unlike bitcoin
This is a negative point from my point of view
Because sooner or later the investors of this currency will intend to withdraw their profits, which will increase the sales volume
TRON (TRX) - May 19hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(TRXUSDT 1W Chart)
If the price holds above the downtrend line, it is expected to rise.
To do that, we need to see if we can find support by moving above 0.07192.
(1D chart)
The key is whether it can find support near 0.07070 and move above 0.07679.
Therefore, it is recommended to check the movement in the 0.07070-0.07679 section.
If it moves above 0.08223-0.08631 and finds support, I would expect it to surge.
(buy)
- After confirming the support at 0.07679
(Stop Loss)
- When it falls below 0.07451 and receives resistance
- When it falls below 0.07070
(Sell)
- When resistance near 0.08631
- When receiving resistance near 0.10176
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** 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 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.)
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TRX PERSONAL ANALSYS IN THE LONG TERM (UPDATED)The total evaluation for the TRX asset is "bearish". Please be reminded that everything in the chart as listed, labeled and written are only using common theories of tested price action over a long period of time which are, namely, supports and resistances. The price action as well depicted by the black arrow is to help guide a natural flow of price action with respect to squeezes and triggering sell and buy orders which may affect the value of the asset negatively or positively.
The recommended strategy for the coin is to "SHORT". The coin has been decreasing in value overtime and kept on forming lower highs in the price action despite multiple amount of oversold RSI indications, and even then the RSI still made bearish divergences concluding that such rallies can be manipulated or temporary. Please consider the following factors below before longing any asset:
Is the price action sitting on a reasonable support? Is the price action bumping on a strong resistance?
Is the Ukraine-Russian War getting any good news towards resolution?
Is the inflation happening "especially" in the Global US Economy decreasing? How are the FEDs reacting to this?
Is the pandemic seeing its end? Is it going to be an epidemic now?
Is the housing market crisis happening nowadays is on its way to a recovery SIMILAR to the after-days of the crash of 2008?
If you noticed that most of your answers to the questions above are mostly no, then you have no solid basis for a good long or in other words, investing. Goodluck!
TIP: You may adjust the view of the chart by using Ctrl + MouseWheel Up to 100-110% to get a more spaced out text. DO NOT DECREASE MAGNIFICATION.