Trxusdt
TRX is about to explode! Keep an eye on this!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume , or you can buy when the price breaks above 0.115$.
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The idea is: Buy the breakout from the symmetrical triangle (or 0.11$) and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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TRX/USDT | Trendline Getting Weaker..!!#TRX/USDT (update)
In daily timeframe, Bulls testing the Crucial Resistance (0.11)
So far Bulls Looking Strong & Trendline Resistance getting Weaker but Still Bulls Need Strong Volume for Breakout.
Looks Solid for Midterm So Grab some & Hold with Patience..!!
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Thanks for Your Love & Support..!!
TRX watch for a 50% moveTRX is in a nice consolidation pattern where MM100 daily slope is turning bullish and also provide support to prices.
MACD Daily and Weekly is green and the H4 is turning bullish, this situation could give momentum to TRX and i wouldn't be surprise to seem a more volatile increase in the coming days.
1st target would be above the 15ct area, if this is break then we would look at higher time frame in direction to ATH.
As long as the MM100 is not broken this scenario will remain and i would be looking a going long within this range.
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the trend is fluctuating on the support line and we expect it to push the price up.
On the other hand, we can see that the price has been able to break its resistance line, but if it does not drop below the support line and stabilize above the resistance line, it can have a good jump.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
TRXUSDT : Are you ready to break out ?In 4h chart
It went down after touched 0.11050 and the lowest point is 0.9945
If it breakout the downtrend ,trading strategy as below .
SL: 0.09945
TP1: 0.11050
TP2: 0.11649
TP3: 0.11892
TP4: 0.12152
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TRON cold have nice move ahead soonTron in attempt to break out above this descending trendline started in April... If this attempt is successful for Tron, we could see a nice run-up soon. Also formed a symmetrical triangle and have space in it for whole Nov. So it might take a while if TRX fails now. Anyway, this could be a profitable trade so it's worth keeping it on your radar... Good luck traders
Price is trappedTRX price has been trapped between two downtrend and it is some how trading. for growth, TRX need to break upper trend line. trend which is under the price, is now supportive and if break it, it will Fall
EMA 200 is also a great support for TRX and have support price three or four time in past