TRON - Buy Idea (Medium-term)Tron is gearing up for an upside reversal. Finding a solid bottom on the last line of resort at $0.2186 is a strong indication that this downside move is coming to an end. We decided to launch a new bullish campaign, targeting the two next significant key-level resistances of $0.2513 and $0.2878 respectively. Stay tuned...
TRXUSD.P trade ideas
Torn has not broken long term suportBased on simple trendlines TRON is still holding up against a reduction in stable coins minted on TRON vs SOL in recent times despite challenging tokenomics. Perhaps it’s seen as the alternative to US dollars domiciled chains, perhaps with the memory of a once hostile US to crypto. Maybe TRON dumps once this narrative is reversed ??
TRXUSD: Trapped between the 1D MA50 and MA100. Decision time.Tron is naturally neutral on its 1D technical outlook (RSI = 54.705, MACD = -0.006, ADX = 21.441) as it is on consolidation mode, ranging between the 1D MA50 and the 1D MA100. With the 1D RSI signalling a reversal, as long as the 1D MA100 holds, we expect the next bullish wave to start once the 1D MA50 breaks. Target the R1 level (TP = 0.45150).
See how our prior idea has worked out:
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Another quick look at Tron TRXUSD
Firstly, I prefer to disclose that I have CFD Long holdings in Tron. Now, I rebought only very very recently, this would be my 3rd round of buying in about as many month's, CFD's for mind encourage liquidity due to 'swap-rates' which are basically overnight holding rates because it must be remembered that we are mostly borrowing funds from our broker but that percentage amount of how much is borrowed varies depending on how much I buy for example in TRXUSD and how much my available margin amount is.
Do you think CFD;s are better for buying Crypto's, I suspect there are for and against campers'.
I want to keep my writing brief going forwards as people already are bombarded with too much trading info.
Did you know that Tron is the most profitable Crypto currently, says so in the following article.
www.tradingview.com
Lastly, I have posted a 1Hr chart to the left of screen and the daily to the right, both charts for Tron show a bullish breakout from a point denoted with a green broken vertical line.
Further, confirmation in recent days that Bitcoin is now breaking out and in case you are wondering I captured this very recent breakout using ChartPrime's 'smart money indicator' which is free for trading view people. Any Q's don't be shy.
TRON (TRX): Bearish Momentum Continues as Price Approaches Key 🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $0.24
🩸 Long-term Goal: $0.19
🔥 FinCaesar's Strategy:
🩸 Short: Below $0.25, targeting $0.24 and $0.19. Bearish MACD momentum and consistent selling pressure suggest further declines.
🩸 Long: Above $0.28, aiming for $0.30 and $0.32. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $0.28 — A critical level for bullish momentum to challenge.
🩸 Support: $0.19 — A breakdown below this level could signal further downward movement.
TRON remains in a bearish setup, with MACD showing weakness and the price failing to break above resistance. A failure to hold $0.19 may lead to deeper declines in the coming month.
👑 "Victory comes to those who act decisively—don't hesitate." — FinCaesar
TRX/USDT - The MoonTRON is heading towards its apex, once it squeezes at that level, it will blow out, this will happen sooner than later, possibly in the next few months, target is 3-5 USD with an insanely deflationary model and the fastest blockchain for payment processing, nothing is stopping this beast.
TRX/USDT Chart Analysis TRX /USDT Analysis
Double Bottom Formation Confirmed ✅
A bullish Double Bottom pattern has been fully formed, suggesting a potential upward trend.
This setup is often a precursor to a strong breakout, particularly after a prolonged downtrend.
Breakout Targets 📈
✔️ Target 1: $0.3175
✔️ Target 2: $0.3501
✔️ Target 3: $0.3890
💡 Note:
Watch for confirmation above the neckline to validate the breakout.
Increased trading volume will strengthen the upward momentum.
Stay cautious and trade with strategy! 🚀 #TRX #CryptoTrading #DoubleBottom
TRON (TRX): Poised for a Defining Move🔥 FinCaesar’s Commands:
🩸 Resistance: 0.265. Breaking above could push TRX toward 0.312 and 0.350.
🩸 Support: 0.252. A drop below this level exposes 0.221 and potentially 0.180.
🔥 FinCaesar’s Strategy:
🩸 Buy: Above 0.265, aiming for 0.312 and beyond. Strong volume is crucial for confirmation.
🩸 Sell: Below 0.252, targeting 0.221 and possibly 0.180. Protect positions as the trend develops.
👑 "Precision in action leads to control over the market. Act wisely." — FinCaesar
TRON: A Moment of DecisionTRON trades at 0.256, testing critical levels. The next move will define the direction of this trend.
🔥 FinCaesar’s Commands:
Resistance: 0.26. A move above opens the path to 0.31.
Support: 0.24. Falling below could lead to 0.22 or lower.
🔥 FinCaesar’s Strategy:
Buy: Above 0.26, aim for 0.31.
Sell: Below 0.24, target 0.22 or lower.
"Strength lies in clarity. Make your move." — FinCaesar
TRX Perfect Bat Harmonic, Complex Correction, Double BottomTRX has created several simultaneous buy signals here. First we have the perfect bat harmonic, then we have wisemen on multiple timeframes, in a grey zone on the 4hr, perfect double bottom breaking all lows expect the final low, short-term momentum divergences, and a solid diametric count with at least 5 of 7 waves being time similar.
All of these signs are pointing to a bottom forming right now, meaning the lows should not be violated and TRX will go to all time highs from here. If we do make new lows it is probably a good idea to stop and reverse, and look for a new potential bottom. For now, all signs are pointing up, especially the longer-term count which has us beginning a supercycle this quarter.
3 Altcoins Pumping Again Soon!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins in a deep correction phase after an aggressive pump:
BINANCE:NEOUSDT
After a 200% surge, NEO is currently in a correction phase and rejecting the $15 demand zone.
As long as the $15 support holds, a expect a bullish continuation towards the $21 supply and then $25.5 previous major high.
BINANCE:TRXUSD
After a 180% surge, TRX is currently in a correction phase and rejecting the $0.25 mark.
As long as the $0.25 holds, a expect a bullish continuation towards the $0.33 supply and then $0.43 previous major high.
BINANCE:QTUMUSDT
After a 180% surge, QTUM is currently in a correction phase and rejecting the $3.5 demand zone.
As long as the $3.5 holds, a expect a bullish continuation towards the $4.8 supply and then $5.7 previous major high.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
TRX bull run is near to end?After seven years, TRX has reached a significant milestone and might peak at $0.72. This level marks what appears to be the final phase of its impulsive wave structure, signaling a potential conclusion to its long-term bullish cycle.
Note of Wave 1 and wave 4 of micro degree - Lenient Interpretation : Overlapping wicks may be permissible if they represent a temporary price action anomaly (e.g., a flash spike), and the body of Wave 4 does not enter Wave 1's price territory.
Resistance? TRXUSD Says ‘Not Today’
TRXUSD: Breaking Resistance with New Highs 🚀
TRXUSD has historically been constrained by the strong resistance zone between $0.18 - $0.33 , despite the consistent formation of higher lows indicating mounting bullish pressure. However, the price has now achieved a new all-time high , successfully breaking above this resistance.
Currently, if the price remains above the $0.30 level , the next potential target emerges at $0.75 . This projection is based on the prior retracement before the breakout, overlaid as a measurement of expected upside momentum.
👨🏻💻💭 What are your thoughts on TRX’s potential to hit $0.75? Share your analysis and let’s discuss this breakout together! 📈
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