TRXUSDT: Price Action Supply and DemandHello friends. According to the Chart of TRXUSDT I expected the price touch again the determined price and so continued downtrend path.
TRXUSDT.P trade ideas
TRON to save the dat for FTX?i suppose that will be enough toxic debt to nuke the price over 50%. whatever the catalyst still will see .03 for trx in the near future and most likely the lower levels before any signs of significant turnaound. ggs
Justin Sun gonna suck these nuts dryTLDR TRX goes down, withdrawals from FTX will only commence via TRX, so that means people sell TRX for USDT on real exchanges which crash prices down 50% ideally and 75% for max pain.
TRX might be the next FTT and LUNA I just noticed that USDD depeg, this doesn't sound good for TRON holders, hence there's every tendency of seeing TRX drop drastically just as FTT. So be on a look out for the breakout before reacting . First stop will be 0.0233 and the second could be 0.013 or below as LUNA did 🤔
TRX. An obvious descending triangle.Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by many traders who buy from the support level. The more traders do this, the more stops are formed. And as the market moves from one area of liquidity to another, the price is likely to break through the support level, and when these stops are hit, it will further increase the selling pressure.
TRX TRON to ATH by EOYBreakout from a long-term descending triangle will should allow Tron to run. targets denoted.
RSI broke out of descending trend.
Analysis based on the idea that the market bottomed as described below.
USDD & TRX COLLAPSE!Hi Traders,
USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages.
Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk.
There is more to this but thats for someone else to explain the technicals.
All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out...
SHORTING TRX from 0.058
0 incoming.
Goodluck,
AssetMastery
TRX on the edgeHi Traders,
TRX is looking ready to break the long term trend line and crash massively - likely to close the deep price gaps in a violent and sharp wick. Possibly to the 0.01-0.022 area.
Goodluck,
AssetMastery
TRXUSDT Elliott Waves Analysis (Local Vision)Hello friends.
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Everything on the chart.
growth from current price or through one more decline in zone ~0.055
Entry: market and lower
Target: 0.074 and 0.08
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
TRX 50%+ dump loomingHi traders,
Looking for gems that haven't dumped alot yet to short as the markets tumble - TRX is a great one.
Tends to do its on thing time wise hence why its holding price longer than other, but when it breaks the line it will nose dive like in the past.
Goodluck,
Asset mastery
TRON (TRX) - November 9Hello?
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(TRXBTC 1W Chart)
The key is whether it can move above 0.0000 0318 to find support.
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(TRXUSDT 1W Chart)
As Tron pegs the stablecoin with TRX, it becomes important to be supported in the 0.05358-0.06236 range.
Therefore, it is necessary to check whether it is supported in the 0.05358-0.06236 section.
If it doesn't and it goes down, the key is to touch the 0.03538-0.04437 section and return quickly.
(1D chart)
We need to see if we can quickly rise above 0.05989.
If not, you should check to see if there is support around 0.05358.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRXUSD ❕ broke up the downtrend lineThe TRX continues to hold the price above the strong support zone.
The long lower shadows indicate the weakness of the sellers, they are not able to bring the price lower.
I expect a rise after the price fixes above the support.
Tron (TRX) formed a big bullish Shark | A Good long OpportunityHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ) with US Dollar pair.
Previously we cauth a nice pump of TRX:
Now on a 4-hr time frame, TRX has formed a bullish Gartley pattern. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IT IS JUST THE BEGINNING FOR TRON (TRX)I think tron is in the early stages. The chart forms the first HH and HL in the weekly timeframe. This is a good time for a long-term investment.
TRXIdea: The price is approaching the upper border of the descending triangle. The price moves under a lot of MAs. There is a high probability of the price falling to the lower border of the triangle to the weekly 200 EMA
TRX/USDTTRX/USDT
The 0.055 level is a very important level.
If it is supported at this level, it can return to the symmetric triangle, otherwise it can drop up to 2 cents.
#TRXUSDT #TRX #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
TRX head and shoulder patternTRX is clearly making head and shoulder pattern. If this works TRX could reach 0.06084
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TRXUSDT
In the current chart, there are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S2, S1 and S3 are all the support areas that express the well support of price. Thus, we have the fluctuation of price below R1 area and our expectation would be a rise for the price to reach R1 and then by being rejected, a decline is waiting for it to S1. Or it may happen that the price rises up to R2 and then via receiving some falling signs, more decline will be predicted for it toward S1. Let's wait for the future updates in order to make sure what will happen exactly.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TRON (TRX) - November 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXUSDT 1W Chart)
The key is whether the price can hold above 0.06236 and break above the downtrend line.
(1D chart)
Important indicators are concentrated in the 0.05989-0.06532 interval.
Therefore, there is a high probability that a trend will form outside of this interval.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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TRX Long @ .0630 10x leverageTRX is a great scalp option.
Momentum indicator are signaling a consolidation of downward price movement.
Our RSI is undervalued on the 15m, 30m & 1-hour charts.
We've broken underneath our Keltner Channel and have now entered back into them. A sign of a price reversal.
TRX price is currently between two rangesPrice is ranging between the 4h demand at $0.0626 and the 4h supply at $0.064. Price needs to break through this demand zone for bearish confirmation. We may see price trade deeper into this 4h supply before moving down from there.
#TRXUSDT 4H Chart
Price is ranging between the 4h demand at $0.0626 and the 4h supply at $0.064. MACD is showing some bearish weakness, RSI is bought and EMAs are bullish. Price needs to break through this demand zone for bearish confirmation. We may see price trade deeper into this 4h supply before moving down from there.
