Double Top pe ThronPerfect Double Top and Triangle formed on TRXUSDT. Sell when price broke triangle support
Trxusdt
ARSHAM-TRXUSDT DAILY CHARTTRX break the bearish trend line and it want to go to reach resistance area that is 0.089$
and RSI show us a bullish divergence and if that is true it will effect on our bullish trend
please share youre penion and follow me and dont forgot like please
TRX elliot wave analysis and triangle pattern overlapHi dear traders
This is my idea about TRX. I think there is an overlap between Elliot wave analysis and Triangle pattern on the weekly timeframe of TRX.
my idea is that TRX will have a downtrend to 0.5 $ in the next few months, then we will see an uptrend to complete the 5th wave of Elliott wave
If bitcoin broke shortIf bitcoin broke 35900$ this analysis will hit its targets, wait like sniper, thanx
TRXUSDT Technical AnalysisTRXUSDT is moving up after the rejection at the Support in an Ascending Triangle. We have series of Green candles which shows Bulls are dominating the market at the moment. When the price reaches the Resistance we might get a short Pullback down to 0.066 and again move up or the price may break above the Resistance and heads up to 0.093. everything would be clear when the prices reaches the Resistance and in the lower TFs like 1H or 30M we might see good opportunities to enter a long trade.
Buy at 0.066 or Buy at Resistance Breakout
SL @ 0.05 or at Support Breakout
TP1 @ 0.093
TP2 @ 0.109
Happy Trading:)
TRXIf bulls push to price up TRX can reach $0.12 easily. If price breaks $0.055 support we can see the next wave of the downtrend which can reach $0.04. But I do not expect negative scenario to happen.
Tron TRXUSD SHORTS are edging towards ATHClearly the market sentiment is very negative. We are witnessing BTC shorts and Alts Shorts are creeping up so high. This is proven in Alts Market Cap that failed to maintain both levels, the 1D 50EMA and 1D 100EMA. And currently hovering above the 3D 50EMA.
And here we are with TRXUSD Shorts nearly at ATH. So yes the market is expecting a dump. BUT, and this is a FULL CAPS BUT, keep in mind this:
1) Market expectation is one thing. Remember, when the market was cheering for 100k few weeks back? What happened next? Market tanked?
2) So yes, we may go down from here. And since we are addressing TRX, TRX may go down along. But always expect a correction. So don't but your farm here, and be realistic and conservative when it comes to targets.
We are going down as indicators are showing so.
How far down? Follow closely each TA for an exit target. And be extra conservative and cautious.
Lastly, DYOR, do your own TA and never fall for cheerleaders or blood hunters. This is not a witch-hunt, this is a market that follows fundamentals and trends.
TRX/USDT triangleTRXUSDT
Friends who are not too risk-averse wait like
Now that we have the triangle pattern, you can wait for the failure
Make the decision of the ceiling or floor of the triangle, the profit is right
You get less, but less stress
You would get involved
