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Trxusdtechnicalanalysis

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.
by Mr99MB
1
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
by Yuriy_Bishko
6
TRX has completed bullish Cypher at strong supportHey friends hope you are well and welcome the new update on Tron Coin. On the daily chart the price action of TRX coin has broken down simple moving averages with the time period of 25, 50, 100 and 200. And having good support of 100 SMA at the moment. On the long term weekly chart the priceline has broken out SMAs with the time period of 25, 50 and 100. But there is a big distance between the simple moving averages and the price action of Tron. Therefore The priceline may consolidate at this level until atleast 25 SMA will move up to provide support. On the daily chart the price action of TRX has very good support of an uptrend line. And the 100 simple moving average is also at the same level where the this uptrend line is providing support to candlesticks. Therefore the pricline may start another rally to the upside from this trendline. On this support the price action has completed bullish Cypher pattern and entered in potential reversal zone. The targets as per Fibonacci sequence of Cypher are: Potential reversal or buying zone: $0.0244 to $0.0202 (this should be used as stop loss as well) Fibonacci projection or sell zone: $0.0277 to $0.0356 Conclusion: Even though the priceline is having very strong support of 100 SMA and the uptrendline as well, and entered in PRZ level of Cypher pattern. However, if the potential reversal zone will be broken down then a rally to the downside can be started. Therefore this PRZ level should be used as stop loss.
BITFINEX:TRXUSDLong
by moon333
1
TRX. 1D. We expect a fall to the first target $0.22Last week, TRX showed good x2 growth amid news about the TRX DEFI platform and the possibility to grow coins on it. According to the data that are spread over the Internet on 02.09, investors transferred to the platform and locked up 1.5 billion. coins and during the next 24h. another 5 billion. As of today, 7-7.5 billion TRX coins are locked (which is neither more nor less than 10% of the total circulating TRX volume ), which SUN coins are grown with and will be available after 16.09. Deja vu, BNB staking and BEL cultivation will also be available for trading on 16.09, what are those manipulators preparing for us?) TRX Technical analysis . From a technical point of view, coins on 02-03.09 were locked most of all in the zone which we marked in red, then this zone quickly flew down against the background of a general crypto market fall. Now, the TRX price is again approaching the zone where a lot of coins are locked, approaching this zone at rather weak volumes, that is, enthusiasm and faith disappear. It seems to us that many TRX holders will lose their nerves and they will fix at zero in USDT because of the fear that all cryptocurrencies will continue to fall. Firstly, let the price of TRX fall to the level $0.2210-0.2370 and then reconsider the likely further development of events. ______________________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Short
by P_S_trade
1