triangle patern . TRXUSDTfirst target can guarantee 30% . for an other target you can bring's up your SL to opening price and TP to second place . if this pattern not work i thinks it's problem from volume .
TRXUSDT.P trade ideas
TRXUSD ❕ support zoneTRX is trading near the support area.
TD Sequential has formed an upside reversal signal (1H TF)
I expect a rebound when it fixes above the lower support boundary.
TRX triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
ENTRY : @ 0.06270
STOPLOSS (SL) : local high @ 0.06093
TARGET (TP) : height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR) : 3.3
INVALIDATION : when SL level hit
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TRX inverted H&SIn the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
INVALIDATION (SL) : Right Shoulder @ 0.05879
TARGET (TP) : Inverted H&S target projection @ 0.08555
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TRX ready to for a break-out
TRX was stuck under the longterm trendlines(s) while many other big cap in top 20 had already break-out.
BTC turns bullish is a good opportunity for TRX to break the trendline and fly.
MFI indicators had already in good buy region supporting this break-out.
TPX may test global highsOn the chart, 1 week TF:
0.14927 - the global resistance level, a global correction or a local downtrend started from it!
0.04637 - acts as a support and trend break level. local trends from it repeatedly changed the downtrend to a local uptrend. has confirmation.
0.08846 - mirror level! after its formation and confirmation in the form of resistance, the price of the asset updated local lows and confirmed the presence of the level of 0.4637.
0.06550 - local resistance level formed for 1 week TF. Has confirmation in the form of touches!
Pay attention - after a false breakout of the level of 6550, the price of the asset did not turn around, but now it breaks through it again. Just as important is the descending line of clubs that was broken 4 attempts!
It is important to understand that the price of an asset may continue to find a flat and continue to move sideways, however, this does not exclude the possibility of trying to trade with a stop and positionally.
Tron's price volatility range is expected at a level of $0.060For the current week, we can expect the trend to be in the range for the current week, as long as we do not have a strong return below the $0.060 level. But if the selling pressure increases, Tron's price decline can continue to the bottom of the channel, i.e. the support range of $0.056 to $0.058. This week, the TRX price volatility range is expected at a level of $0.060.
tronI think the downward trend line will be broken and the rise of the market is not far from expected, it is not a buy or sell signal and it is just a personal opinion
TRX/USDT looking good for short? Hey, guys ✌️
TRX/USDT is next to watch out for here. We see a good chance for drop here due to the rejection of that trend there so here we are - Crossover on RSI and bearish reaction to the trend? What else do we need...
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
TRON Weekly View - February 2023Hello Guys, Weekly Analysis is on the TRXUSDT Symbol in a 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Contracting Bollinger Bands on the 1W chartHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
Following yesterday, today we changed the background color of the chart.
Please leave a comment on which chart is more eye-catching, yesterday's background color or today's background color.
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Therefore, I would be grateful if those who share and use my charts leave comments.
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(TRXBTC 1W Chart)
The key is whether it can rise above 0.0000 0318 in order to release the upward force.
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(TRXUSDT 1W chart)
The key is whether it can be supported at 0.06427.
In particular, as the Bollinger Bands are contracting, volatility is expected in the near future.
(1D chart)
It is important to be able to rise above the 0.06427-0.06532 section and be supported.
If not, you should check for support around 0.06004.
TRX is holding the price near the M-Signal on the 1M chart, so it can be clearly seen that the long-term trend is about to turn into an uptrend.
Therefore, as mentioned in the explanation of the 1W chart, it can be seen that the current position is located in a very important section.
If the mid- to long-term wiggle starts, there is a possibility of touching around 0.05358, so you should think about how to respond now.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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TRXUSDTAnalysis based on price action patterns and supply and demand levels
and breaking the downward trend line
✅TS ❕ TRXUSD: ascending wedge✅✅ TRX has formed an ascending wedge.
The price is testing the support level.
The reversal will begin after consolidation under the support level. ✅
🚀 SELL scenario: short to 0.0602. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
TRX/USDT pumping is near?Hi Dears
Do you heard about WOW TRADE strategy?
We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone.
After that the price will be in the moon.
And now we are watching this strategy for trx usdt.
I hope it works properly.
Sincerely
Hosein Poursaei
Tron TRX is breaking out! Explosive pump is likely.
As you can see, TRX is currently breaking out of the descending triangle on the daily/weekly timeframe, and an explosive pump is now likely!
The take-profit is at the top of the triangle, which is 0.18 USDT. I think it's possible to go higher, but we don't want to risk anything, because we could be in wave 5 from the Elliott Wave perspective. Triangles are typically formed as a 4th corrective wave.
This bull market that started in January is absolutely amazing, and I hope it will continue as long as it possibly can! We want to take as much profit as possible from this bull run.
Sending USDT via the TRX network (TRC20) is very popular among crypto people. Furthermore, Tron's value held up very well during the 2022 bear market. It's definitely a positive sign.
Now is the best time to buy TRX if you don't want to miss out on the upcoming pump! It will be huge!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If we take a look at the previous price action from 2020 to 2021, there are no gaps that need to be filled. In other words, it's possible that we will never go back to these levels.
I'm not sure how you feel about it, but I'm already long in the futures market. 171% is a good profit, so be greedy!
Thank you, and for more ideas, hit "Like" and "Follow"!
TRX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I had to draw some data in here that was not shown (white squiggly lines) Without full data on a chart, it's hard to count waves accurately. This chart is on the weekly timeframe.
I cannot predict time, however I am trying to with this chart. Future resistance and support lines are also predictions.
RR: 9
Possible upside: 480%
Possible downside: 53%
TRON Weekly View - February 2023Hello Guys, Weekly Analysis is on the TRON Symbol in a 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Trxusdt Getting Ready Forming Symmetrical Triangle In weekly Timeframe
Incase Of Breakout Expecting 500b to 600^ Bulish Move Keep Eyes On That
Place stoploss Below Blackline
TRXUSD: Daily VCPVCP: 4W 11/6 3T
The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books.
RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
