TRX/USDT Regression TrendlineAfter breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more
(0.15500-0.15400)
(0.14600-0.14400)
(0.13200)
I'm still very bullish and holding my TRX in my spot wallet. But I will wait BTC daily closed candle.
If,
-> closed above 62k , I will look for new entry points for TRX futures positions
-> closed below 59.4k , I will not open any position
-> closed between, be on alert to 4h candle closed values.
BTC
Trxusdtechnicalanalysis
Update !! TRX/USDT is Retesting down-trendTRX is retesting downtrend which is broken 2 days ago. Everything is going natural. Still there is no close below EMA 21 and EMA8 is going above EMA21 ( green up triangle represents where EMA8 crossed up EMA21) , which means to be direction is still upward. Also 1h RSI is oversold.
A strong support area (red oval circle) has been formed, supported by:
EMA 34 (purple line)
10-days-long down trend
15-days-long up trend
Fibo-ext 0.236
I am still behind my goals in my previous analysis. You can check it from below if you miss it. I think the uptrend will continue in the near future.
If you agree or disagree, you can leave a comment :) . Have a huge profitable days.
(Not a financial advice)
TRX/USDT Bullish Pennant or Symmetric Triangle Breakout?TRX breakout the bullish Pennant or Symmetric Triangle in the 2h chart. Retest and confirmation is very important for new entries. I will target 0.382 fib extension level (0.14660) in the first stage. RSI supports the breakout.
Also price is still above the ascending triangle which I posted yesterday.
All parameters make me so bullish.
If you agree or disagree, please leave comments :) . Have a good day with huge profits.
Not a financial advice.
TRX - 6h. Buyers have a chance to test $0.07TRX Buyers aggressively launched an attack in the $0.037-0039 range yesterday. This range f rom August 2020 keeps the price from continuing the growth trend. 3 previous attempts by buyers to take control of the range ended in a sharp reversal of the price to the liquid price zone of $ 0.023-0.024.
However, this attack is special. In our opinion, the buyers managed to neutralize the main sellers on January 29. The strong momentum on high volumes has satisfied many sales orders. After such an event, the sellers did not launch a counterattack, which signaled their weakness.
Today we see that the price of TRX is uncorrected to the mark of $0.05 . this mark is in fact the limit of the global 2-year consolidation. After breaking this mark, buyers will be able to continue to grow to $0.07. However, if we remember that the historical maximum of TRX is around $0.2 - there is still a lot of work for buyers.
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Tron (TRX) can go higherTRX / BTC
We made very nice Profits in this coin since my last call 2 weeks ago in USD PAIR
today i want share with you my TA in BTC pair weekly chart
Tron restored weekly support again and try to break strong trendline resistance since 2018
Yes its high now but can go higher
I expect some consolidation now before next wave but whos know when
Tron can go higher if hold this weekly support
(keep watching weekly candles closure )
Note : we still in resistance zone
Who's bought with me at first place enjoy now 🚀
Best wishes 🙏
TRX Looking to Rip to New HighsTron has been somewhat of a slow mover this bull market, perhaps the sentiment from the previous cycle as somewhat of a 'scam' coin has hindered it.
However this presents an opportunity for growth. I'm watching the overhead diagonal resistance here for a break to enter. As can be seen from the RSI there is still plenty of room for a move to the upside.
Also have a look at the 3 day chart against bitcoin, it looks great!
And as we know from the previous bull cycle, Justin Sun is a good marketer, and when Tron runs it bangs!
Good luck and please give me a follow if you liked this content :)
TRX/USDTForming an Ascending Triangle in a downtrend on 4H Chart. Just need to wait for the breakout and it might touch 0.05 and go on.
Indicators like RSI , MACD , and Moving Average (50) are also favouring the prediction/analysis.
Not financial advice, just sharing my thoughts related to TRXUSDT ( BINANCE SPOT TRADING ) .
$TRX going to double up!If the scenario goes right, we have 2 main S/R zones which can bother $TRX 's way through the top. The first one is near, it belongs to the 25th of Nov 2018, which is about 10% higher than the current price. and the second one belongs to the 5th of AUG 2018, which is my next stop, and it's about 95% higher than the current price. I'm not in rush, so I choose to #HODL
TRX/USDT Potential ending of Triangle Correction->WAVE2I think we're closing in to the end of this long triangle correction (ABCDE), currently seeking the C of the E of the wave 2 of the larger degree count, which would technically take us to the start of the wave 3 of the larger degree. Please guys let me know what you think about this count in the comments below and hit that like button!!
TRX Weekly it seems BullishTRX has a weekly channel & daily triangle and i think i think Tron triangle will be broken up.
if weekly candle close above 0.03400 A strong up trend is formed towards 40 and 50 probably .
I see a good outlook on this currency and I will hold it myself
Stoploss is bottom of triangle so enter with By observing money management
TRXUSDT 1D-TIMEFRAME ANALYSIS✨TRXUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the TRON BLOCKCHAIN
My idea is that the pair will go higher
Breakthrough the R1 is key
The first target is 0.10 Dollar
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
trxusdtBINANCE:TRXUSDT
Hello good friends, I hope you are smiling and happy wherever you are.
Well, I'm Mustafa (Mr.MB) and I'm here to give you another analysis of Tron currency.
Well friends are the red and green areas of the prz, and the blue area is the resistance area in the weekly timeframe.
Well, if he can break and stabilize the top of the lower canal above the main line, he can go to the middle line of the upper canal.
And if it stabilizes above the price of $ 0.033, it means that we can see the beginning of a rally or an upward price trend
Friends, if the price stabilizes and the area I mentioned, and I hope you are full of profit.
TRXUSDT - Break out trend linePreconditions:
- Global trend up
- Local trend up
- Pressure key level
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade