TRX/USDT Ready for an Explosive Journey? ๐๐TRX Analysis๐Yello, Paradisers! brace yourselves for an exciting trading prospect with TRXUSDT. Currently, the asset is displaying substantial activity in the demand zone, hinting at a likely upward trend shift.
๐Tron has been consistently adhering to a trading channel pattern. Its breakout above this channel recently indicates a potential ascent towards a resistance level, followed by an expected quick retraction, consistent with its typical trading behavior.
๐There's a notable probability of a bullish movement commencing from the support level around $0.098. With TRX having successfully emerged from the trading channel upwards, it's now eyeing resistance levels near $0.12.
๐Effective timing is crucial for savvy Paradisers. It's important to identify the optimal entry points during this upward movement, and it's advisable to be cautious about entering at the peak of the trend.
๐Exercise caution, as there's a possibility of TRX dropping below the support level of $0.094. A fall beneath this crucial mark could lead to questions regarding the continuation of the upward trend.
TRXUSDT_1F7DF5 trade ideas
TRX Ready for Parabolic Bullish Cycle โฌBINANCE:TRXUSDT
Hi Traders, Investors and Speculators of the Charts ๐๐
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and is starting a new bullish cycle. From the left we analyze the trend lines to get targets for the next bullrun and on the right we take a quick look at technical indicator CryptoCheck START V3.5 to confirm the bullish bias.
INCASE YOU MISSED IT : ๐ Another altcoin recently formed a bullish pattern:
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TRX/USDT: TRON Confirmed breakout for LONG tradeAs we can see from the chart, TRON has a clear breakout from its resistance. This is a good time to enter a LONG trade.
Entry Price: 0.104
StopLoss: 0.100
TP1: 0.1068
TP2: 0.1105
TP3: 0.1128
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GreenCrypto
$TRXIn the coming days, I will act by considering that TRX will complete its long-awaited correction within the downward movement of the market in the coming days, and the possibility of retesting the upside by downward manipulation.
If the possible demand area is tested, I will look for long transactions from here. However, I am waiting for the break of the short white line for short trading.
One step forward and then correction๐ You can see the general analysis and trend of the Tron currency in the photo, this currency was analyzed before and we saw its growth exactly from the bottom of the specified channel.
๐ฐ Time 4 hours:
๐ With the failure of Medline, we see a good growth of this currency.
โ ๏ธ But this growth indicates a correction!
This correction may continue until the midline of the channel, which is 3% lower at the price of 0.08014.
But considering its growth up to the green range, which is the beginning of the resistance range, it may grow
โจ๏ธ The strength is growing and it is possible that it will grow up to the ceiling of the channel, i.e. the price of 0.08500, and then we will witness the fall of this currency to the said support.
TRXUSDT Weekly TimeframeHello, Hope you all doing well well !
Lets analyse the TRX on Weekly timeframe for a long term investment. :)
It seems that price is making a triangle with 5 waves ABCDE. According to "fib time zone" tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart.
Don't forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap.
3/23/2022
**This analysis is not an incentive to buy or sell and is purely educational.**
โด๏ธ Tron, The Eternal Uptrend | Where Does It End?One of the most reliable signals is defined by sustained growth.
โ When a Cryptocurrency trading pair moves up too fast, a sudden jump in prices, we normally see an inverse reaction as a strong correction. Big swings and strong fluctuations, hard to predict.
โ When a Cryptocurrency trading pair creeps up slowly but surely, day after day, week after week, month after month, maximum strength is confirmed and retraces and corrections tend to be small.
โ Tron (TRXUSDT) has been growing steadily since November 2022 and all the charts signals are pointing towards additional growth.
Where does it end?
It is hard to say, we have a bullish year ahead, so it can continue rising all through 2024 and beyond...
๐ The next targets though are easy to map, they can be seen on the chart. There is potential for 100% more in the coming months.
Tron has been moving within a never-ending uptrend... We love it.
Let it grow!
Namaste.
TRX flight is not over yet!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.โ
Friends, another coin for your TRX feed, which looks like a continuation of the upward movement.. You can try to act with the current ones with a little good below.
Deal plan:
Entry - 0.10837/0.10103$
Stop - $0.8938
Take - $0.13
Guys, follow risk management, this is, first of all, an altcoin that can show high volatility in the moment!
Tron TRX price knows how to surprise with its "maneuvers"The TRXUSDT price often moves differently from the rest of the market.
This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time.
So, the other day, the TRXUSD price hit a strong mirror level of $0.09. Now TRX price is undergoing a correction.
If you believe that Tron's growth trend has not yet reached its culmination and will continue to move in a similar manner to 2020, then buying TRX closer to $0.072 is for you.
However, if the TRXUSDT price consolidates below $0.068, the decline may continue, at least to the range of $0.052-0.055
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Is TRON leading the market? When will market crash?Tron has shown extreme relative strength in down market
Tron held up relatively very well. It fell less than ever bitcoin this bear market. That is a strong indication of relative demand. Important to keep in mind that not only was it relatively strong from a technical standpoint, fundamentally its users/fees was extremely relatively high. It looks like one of the biggest value plays in crypto and its moving as such.
Keep an eye on USDT for when market crashes
If USDT starts to drop then we can see cash being pulled out of the system rather than just cycling thru to either BTC or ETH (or TRX?) or TOTAL3. The rotation of capital is a nice cycle but it does always lead to eventually a net redemption of stablecoins as capital rotates out entirely to book profits and look to other markets (bonds/commodities/equities). Keep an eye on USDT for this moment!
TRXUSDT #3 ( Ready to start big bullish rally ) Hello dear traders .
Good day .
TRXUSDT broken important monthly Gann Arc Resistance and after retest support will start bullish rally to about 0.1092 Price which is 0.5 fib level of monthly Gann Box resistance.
Good luck and safe trades .
Thanks for your support and comments .
TRON swing trade longTron had one of the best relative strengths this year compared to the whole crypto market. Recently it broke the ascending channel and retested it within the same zone at a bigger Fibonacci level.
Here we can see the bigger picture at weekly timeframe.
A 2 RR is determined for the trade. Although it is near the resistance, but the support seems good enough to take the risk. Bitcoin is not showing any weakness either & US Bond market showed few big red candles last week too.
Take profit target can be extended with proper trailing stop loss.
Entry: 0.09921$
Stop Loss: 0.09660$
Take Profit: 0.10442$
TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area.
On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect.
If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
TRONUSDT (4H) - Bullish breakoutHi Traders
TRXUSDT (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.1012 resistance level. Only the downward break of 0.0958 would cancel the bullish scenario.
Trade details
Entry: 0.1012
Stop loss: 0.0958
Take profit 1: 0.1045
Take profit 2: 0.1098
Score: 7
Strategy: Bullish breakout
TRX/USDT Break the key level area. Rounding Bottom Confirmed!๐ TRX has undeniably made a significant impact on the market with its Rounding Bottom pattern and the successful breakthrough of a key supply zone, signaling a bullish momentum for TRX. However, it's worth noting that TRX has not yet undergone a retesting phase at the demand area, which was previously a supply zone.
๐ Due to this, there's a possibility that TRX will enter a retesting phase at around $0.91 to confirm the continuation of its upward movement. It's conceivable that after a valid retesting phase, we might witness a substantial bounce from the demand area, probability propelling TRX toward our target, the major supply area.
๐ Conversely, a less favorable scenario would materialize if TRX retests the demand area within the range of $0.91 to $0.885 and experiences a breakdown. In this scenario, TRX would transition back to a bearish trend, potentially resulting in a downward movement, with testing areas at $0.717 and even the formidable support area.
TRX is a Beast ๐ฆพHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐ 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.
๐ 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.
๐ 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.
๐ 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
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