TRX is a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Unlike many altcoins exhibiting high volatility, TRX has demonstrated steady upward movement throughout the entire year.
This bullish trend is engulfed within the rising broadening wedge pattern outlined in orange, currently approaching the upper boundary marked by the orange trendline, serving as a non-horizontal resistance.
Additionally, the zone between 0.105 and 0.115 presents a robust resistance level.
📈 To maintain long-term control, the bulls must breach the 0.115 resistance.
If successful, a movement toward the subsequent resistance level at 0.14 can be anticipated.
📉 Conversely, as long as TRX trades below 0.115, there is potential for bears to instigate one more correction (confirmation needed on lower timeframes).
In such a scenario, we should be vigilant for trend-following buy setups as TRX approaches the lower boundary of the orange trendline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
TRXUSDT trade ideas
TRX Crypto TRON Sell TP = 0.0959On the M30 chart the trend started on Nov. 2 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.0959
But we should not forget about SL = 0.10068
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
✴️ Tron Looking Really Good | Follow Me!Follow me into this analysis, another one that reveals what is coming to the Altcoins market.
You know the famous saying, "When life gives you lemons, trade Crypto".
Some charts need long, detailed explanations while others can be really short.
✔️ Tron is showing a very strong rising channel with a hidden bullish divergence signal and high rising volume... We don't need no more.
This clearly points to higher prices. The trading volume is just too strong to go into details.
Thanks a lot for your support.
Namaste.
TRON ($TRX) What is Next After The SurgeUnlike the majority of altcoins, TRX began its upward trend even before Bitcoin surpassed its annual high. Currently, TRX is trading at around $0.094, marking the asset's highest price point in the last two years.
Given the ongoing positive dynamics of BTC, a continuation of this growth trend is anticipated. The last time Tron reached these heights was two years ago, rendering the old resistance levels irrelevant. After surpassing the resistance zone of $0.093-$0.094, potential next targets for buyers could be the $0.097 mark and the psychological level of $0.1.
In the event of a correction, the TRX price could fall to $0.091 and enter the buyer's zone between $0.0890-$0.0905. Below that, the support level at $0.0885 could also be tested, without posing a threat to the prevailing uptrend.
TRXUSDT Support and resistance levelsHello friends,
In the case of Tron, these ranges seem to have reaction potential.
Let's see the resistance we are facing now will be broken and we will go to the next resistance or return to the specified support range.
what is your opinion?
Good luck.
# Let's look simply
TRXUSDT Limit Long is about to TriggerTRXUSDT is clearly one of the strongest coins in the recent months. It has established a clear long-term uptrend, where the resistance has flipped into the support.
We have placed a limit order to go long on the Tron, and we expect quite a strong uptrend to start this week.
TRX can have a crash (has an educational point)TRX can have a crash
There is an educational tip here, pay close attention:
Educational tip: When we have long shoadow, the price tends to fill 50-60% of these shodows and then continue in the opposite direction. If a CH is in the opposite direction of the long shadow, we have more confirmation.
If more than 70% of the log is filled, it is possible to pass the log.
TRX (Crypto TRON ) Buy TF H1 TP = 0.0876On the H1 chart the trend started on October 13 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.0876
But we should not forget about SL = 0.0845
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
TRXUSDTHello snipers, nothing is impossible. In the one-day time frame, after hitting the upper line of the ascending channel, the price will decline to the bottom of the channel, in between there is a 103-day moving average that can provide good support and reverse the trend. All analyzes are only possibilities.
TRX: A bearish wave has already been confirmedTRX: A bearish wave has already been confirmed
During these days the price was moving down with very low volume and we can
see the final pattern was a type of triangle that was losing volume.
We have a minimum confirmation and this can push the price down this time.
Considering also the TRX price position it can be also an aggressive move as well.
Targets:
🎯 0.08300
🎯 0.08050
You may find more details on the chart!
Thank you and Good Luck!
Above 0.07679: Expected to create a new upward waveHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning.
Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading.
In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD).
(TRXUSDT chart)
If the price remains above 0.07679, it is expected to create a new wave.
(1W chart)
It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964.
(1D chart)
Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created.
Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone.
Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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TRX - short positionHello my fellow traders, Tron chart looks like we could see a deviation above range high which could lead in break of trend line to the downside. TRX / BTC chart looks similar so I have a conviction that after price gets back in range we will see a continuation. At the moment trade is still more risky as we are above 0.084$. Watch for a break down.
Good luck.
🟩 TRXUSD - best crypto I can findThis is the best crypto coin that I can find.
VOLUME
On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right.
PATTERN
The Pattern printed is a typical VCP (for the Minervini students)
BASE CHARACTERISTICS
We have very strong positive week closes on the bottom of each contraction. Every week has closed +40% of its close range.
RELATIVE STRENGTH
The RS compared to ETH or BTC is off the chart!
If I am to buy any crypto this one looks like a real high probability setup