Trxusdt
TRX gonna be 0.065 $ again ?hello
I wish you have a wonderful day.
.....
TRX was one of the best cryptos in 2022 in my opinion.
it managed to recover itself from 0.06 $ to almost 0.09 $.
I think the price will test the up trendline 1 more time because if you look at the TRX/BTC chart it reached the resistance and got rejected for now.
if it manages to break the resistance on the BTC pair, it's possible to break up in the USDT pair as well.
in that case first resistance level would be 0.12$
.....
not financial advice!
please, share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.
Tron USDT Up or down, time will tell. These are suggestions for what might happen.
You could already buy around now, if you have low leverage and can have some space for stop loss.
Or you could wait and see if price breaks temporary trend line, enter at the lower support line,
or wait to see if price breaks down below lower support, and take a short to the downside of the range.
Good luck!
God bless you all!
PS. I do not swear to abide to house rules, cause Jesus told us never to swear by anything.
But Yes, I comply with house rules.
Regards
ThomChris
TRON Weekly View 3/6/22TRXUSD Can be seen to have moved above the 50MA in a bullish fashion on this Weekly timeframe
Prior this support for the bulls was found at the 100MA
A breakout to upside may follow
TRX/USD - Parabola broke!!! Major change in the trend coming? 😲Tron's uptrend and parabola appear to be breaking. This is a major bearish signal.
If confirmed, the next key support will be found at 7 cents.
Best to stay away from Tron right now until it finds new support. Chart and indicators are bearish on this price action.
Bias is bearish.
Like and follow if you liked my idea!
TRXUSDT Testing the top of the 1 year Triangle. What's next?*** ***
For this particular analysis on TRON we are using the TRXUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where Tron has been trading within a Triangle pattern since its April 17 2021 market Top. Since then we've had two Higher Lows and another Lower High. At the moment the price is the closest it has been to a new Lower High. If broken it will be a major bullish break-out for the coin and should target the 0.1300 Resistance of the November 15 2021 Lower High.
There is another interesting pattern involved as well. The 1D RSI sequence resembles the Lower Highs/ Higher Lows pattern of the previous mid - late 2021 rally of July - November. If the price breaks the RSI Lower Highs the move this time may be outside the blue box as the current price action is far more aggressive than that of October - November 2021. That may very well deliver the 0.13000 Resistance test. If however it gets rejected on the Lower Highs, we expect a pull-back to the 1D MA50 (blue trend-line) and then a test of the top of the blue box.
Notice that a 1D Golden Cross has just been formed (1D MA50 crossing above the 1D MA200) and that the 1W MA50 (red trend-line) has been acting as a Support in the past week.
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Tron (TRX) seems needs to complete its correction phase.Hello ladies and lads, hope you are well.
Tron apparently is at the end of D wave of ABCDE corrective structure. We should be cautious if we have long positions on this particular coin.
On the other side, this could be wrong if we break through the trendline that is ahead of the price. In that case, the price should breakthrough C's Top to invalidate ABCDE corrective structure.
Stay agile on days ahead.
Ask any question at comment section, and feel free to send me message.
Cheers!
Shorting TRX (Risky Trade)We have a Risky trade for you all, up to 10x leverage , which can turn out to be a great call for those of you that have a higher risk tolerance. The trading set up that we have for you is:
Short TRX x10
HIGH RISK
Entry: 0.0900
SL: 0.0925
TP1: 0.0877
TP2: 0.0865
TP3: 0.0856
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.
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)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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