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Trxusdt

TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area. On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect. If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
Short
by ahmadarz
TRX/USDT Break the key level area. Rounding Bottom Confirmed!💎 TRX has undeniably made a significant impact on the market with its Rounding Bottom pattern and the successful breakthrough of a key supply zone, signaling a bullish momentum for TRX. However, it's worth noting that TRX has not yet undergone a retesting phase at the demand area, which was previously a supply zone. 💎 Due to this, there's a possibility that TRX will enter a retesting phase at around $0.91 to confirm the continuation of its upward movement. It's conceivable that after a valid retesting phase, we might witness a substantial bounce from the demand area, probability propelling TRX toward our target, the major supply area. 💎 Conversely, a less favorable scenario would materialize if TRX retests the demand area within the range of $0.91 to $0.885 and experiences a breakdown. In this scenario, TRX would transition back to a bearish trend, potentially resulting in a downward movement, with testing areas at $0.717 and even the formidable support area.
by MyCryptoParadise_Nathan
3
TRON (2023) v BTC (2016)Tron (TRX) has been a legacy coin that has held its own and carved out a niche Most legacy coins have faded away into obscurity as they've been unable to find a usecase or adoption. They may still have high market caps and may still turn things around but as of now many older coins are falling down the ranks. New coins are eating up dominance. Not for Tron. Tron has consistently been raking in fees and holding a relatively very low fee to price ratio (according to tokenterminal). $3m in daily fees v SEED_TVCODER77_ETHBTCDATA:8B FDMC To put into perspective.. Ethereum has had $3.4m fees in the same 24hr period and has a $200b+ FDMC. This makes Tron look wildly cheap into those isolated terms. According to Tron they'll continue using fees to burn token supply. Essentially share/token buy back program. With SEED_TVCODER77_ETHBTCDATA:1B in yearly fees and SEED_TVCODER77_ETHBTCDATA:8B in FDMC.. in 8yrs time 1 single TRX will be worth SEED_TVCODER77_ETHBTCDATA:8B (all things remaining equal.. they wont). This creates an interesting opportunity to keep an eye on. From a TA perspective we have a very bullish structure on TRX This structure is reminiscent of BTC back in 2015/2016 in the build up to the 2017 bull market. Check video for more details on the technical side of things.
BITSTAMP:BTCUSDLong
by SoftQuant
7
Above 0.07679: Expected to create a new upward waveHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning. Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading. In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD). (TRXUSDT chart) If the price remains above 0.07679, it is expected to create a new wave. (1W chart) It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964. (1D chart) Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created. Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone. Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀 💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur. 💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level. Keep your charts updated and Stay one step ahead of the market 🌴
Long
by MyCryptoParadise_Simon
1
TRX CAN FALL VERY SOON (1D)The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric! But the trx went above the red box of the previous analysis and made a stop hunt. I think we are at the end of wave F and we will have a fall for wave G. In the red box, we are looking for a downward trigger to enter the sell/short position. The green area is relatively strong support. I specified the invalidation level, closing a daily candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
TRXUSDTThis is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its support zone and, following a bullish pattern, move towards the resistance zones after it hits the support line and establishes itself above it. If it breaks and establishes itself below the line, it can start moving towards its next support line after a pullback.
Long
by MarsSignals
TRX/USDT 1DAY UPDATE !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) rose to a multi-week high on Thursday, on the back of reports claiming that the blockchain sees nearly 5 million daily transactions. TRX/USD peaked at 0.08322 earlier in the day, which comes following a low of 0.08043 the day before. As a result of today’s gains, tron has now risen to its highest point since July 30, when the price traded at a high of 0.08395. it appears that bulls are attempting to reach a ceiling at 0.08600, however, a hurdle on the relative strength index (RSI) seems to be preventing this. Price strength is currently tracking at 67.89, which is marginally below a ceiling at the 68.00 level. In order for bulls to capture their price target, this aforementioned resistance point will need to be broken. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
4
TRX: Resistance BreakoutTRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern, price pulled back near $0.073 support and broke back above $0.08 resistance to resume uptrend, with upside to $0.086. It is also positive to see that during this recent downswing, price reached a bottom at ~$0.07 which was higher than during the prior major downswing at ~$0.065 and previous low of $0.06. That means price made a Higher Low , which is a bullish indication of buyers stepping up on major pullbacks. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080, which it broke, then $0.086.
Long
by altFINS
TRX → a head and shoulders patternhello everyone... as you can see trxusdt made a H&S pattern but we have not any confirmation that is a reversal pattern or a continuous one, however, the daily time frame shows us a bullish trend: but it is great if we get a position after the breakout, so if the neckline breakout you can get a long position! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
by melikatrader94
14
TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron is the current outlier in our list, as it managed to register an increase of 1.8% this week. This is surprising, considering most altcoins are in red This performance can be explained by the price action, which placed TRX in an uptrend since the start of the year. The price has been making higher lows and higher highs for months now, and this has not stopped to date. Tron has support at $0.077, and if buyers persist, they could take the price back to the key resistance at $0.086. If so, the uptrend would likely continue for some time still. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
If you are interested in the TRX coin, then this is for you.Tron blockchain is necessary and I don't see much decline in it. It has performed well compared to others during the crypto crash. The price pattern is rather good. Waiting for point c would be ideal, but I don't think that point c would be a heavy drop considering the specifics of the trx movement. Point b is also currently in progress, which already indicates a small increase. I'm not going to analyze it further on the smaller chart because I'm not going to buy it, I just can't afford to buy everything. This analysis may help someone. PS if you don't understand that point c doesn't have to exceed point a (abc strategy) then you have a lot to learn to understand that. it all depends on the specific location of the trend and its volume, etc. Don't forget to follow me, I will give analysis constantly😎
BINANCE:TRXUSDLong
by MoralDisciple
TRX fall out of the bullish triangle ?"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted this optimistic sentiment. The TRX token seems to have broken free from the confines of the bullish triangle. This breach marks a pivotal moment, suggesting a potential change in the prevailing market dynamics. The breakout from the triangle indicates a shift in the balance between buyers and sellers, and it's crucial to assess the implications of this movement. As the breakout unfolded, the TRX price underwent a testing phase, revisiting the ascending trendline that had previously guided its upward trajectory. This retest of the trendline can serve as a critical confirmation of the triangle's breakdown, potentially signaling a shift towards a downward trend. Traders and analysts are now closely watching whether the price manages to sustain itself above this level, which could indicate a potential recovery, or whether it succumbs to the pressure, implying a further decline in value.
Short
by Bitcoinblockchainonline
TRX Tron SELLERS Dominate Short TermHi Traders, Investors and Speculators of Charts📈📉 TRXUSDT has turned bearish in the short term Timeframe. From a technical indicator perspective we see clearly that the trendline has been broken and now the price is closing candles UNDER the trendline. This is bearish for the short term. However, from a weekly outlook, Tron is still bullish. This could mean that the current pullback is only a temporary correction. The price could continue lower for the short term, but bounce back up in the near term and continue the upwards trend. For now, the best course of action seems to be observing from the sideline and look for other trading opportunities with better risk/reward setups across the altcoin market. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BINANCE:TRXUSDShort
by CryptoCheck-
26
TRX: Pullback in UptrendTRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern and below $0.08 support, price pulled back near $0.073 support, which could be an attractive swing entry, with upside to $0.08-$0.086. Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080 (previous support), then $0.086.
Long
by altFINS