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Trxusdtechnicalanalysis

TRX/USDT = potential 48% setupHello, Traders! TRON corrected only 38% of the downside move (0.382 Fibo) Cumulative delta analysis on the higher timeframes shows the presence of demand from the buyers. Entry in the position can be sought in the range of $0.120 - $0.128 Stop-loss can be placed under the price value of $0.11. Targets based on the Fibonacci retracement level: $0,135 $0,146 $0,160 $0,180 Good luck and watch out for the market P.S. This analysis is created for educational purposes and shall not be considered as a piece of financial advice
KRAKEN:TRXUSDLong
by UnknownUnicorn10064030
1
TRON CLEAN TECHNICAL ANALYSIS CURRENTLooking attain here on the 1hr time frame we can see price has come up to a all time high area coming from a previous impulsive leg to this level where price rejected from 0.18. Currently price has tripled down the the 2.618 fib level where support is being tested, price has got to this level in toe from of a descending channel (squeeze), price has made clean touched within the trend lines confirming the pattern. Anticipating fro price to possibly make a push to the downside one more time to the 0.119 level where a second touch of the descending channel and the outer structure will meet at the signifiant 2.618 fib support. There is a high probability that price will reject this level and make a push to the upside once again reaching the 0.16 level, then looking for price to create support at the 2.618 level before continuing higher
Long
by akillizkb
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
by bsbatu
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)
Long
by bsbatu
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.
Long
by bsbatu
4
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. ___________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
24
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 🙏
Long
by Babenski
27
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 :)
BINANCE:TRXUSD.PLong
by spoderman_crypto