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TRON / Tether USD on BSC (0x1F7DF58C60a56BC8322D3E42D7D37A0383d42746)

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TRXUSDT_1F7DF5 trade ideas

TRX/USDT 1HTRX/USDT 1H = Clear breakout of the LTB (downtrend line) and although the RSI is oversold in the 1H time frame, in the longer times it is overbought, moreover, the pursuit of its fair price range which is in the cloud will do a magnetic force to quickly hit the $6461 target. Tron is a decentralized entertainment and content sharing platform that uses blockchain and peer-to-peer (P2P) technology. TRX is required to use applications on the Tron network, i.e. if you are looking to use a game or service based on Tron, you will need to buy TRX. Owning TRX is also a prerequisite to participate in the Tron consensus system.
by ferulianov
TRON (TRX) - August 31Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) The key is to keep the price above 0.06236. If not, there is a possibility that it will move down to around 0.04437. (1D chart) Bollinger Bands (60) contracted. Therefore, we expect large volatility to occur in the near future. This volatility is likely to start off the 0.05989-0.07311 interval. - The Stoch RSI indicator is showing a downward trend rather than rising to the overbought zone. It can be seen that the power for ascent is weak. So, if it does not find support above 0.06703, it is likely to lead to further declines. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
#Tron Expands, Support at $0.061 and TRX in a Bear BreakoutPast Performance of Tron TRX prices are moving horizontally, bearish at spot rates but firm against the strong wave of selling pressure. Sellers remain in charge but for trend continuation below $0.061, there must be a high volume, wide-ranging bear breakout for confirmation. Before then, depending on the breakout direction in the current formation, sellers are in the lead, and risk-off traders may search to unpack on every attempt higher towards the August 26 highs. #Tron Technical Analysis TRX is within a bear breakout pattern, and sellers are in the driving seat despite the recent sideways movement. The rejection of lower lows and rejuvenation of buyers in the days ahead, pushing prices above $0.065, could ignite demand, qualifying the August 26 bar as climactic. However, before then, sellers may unload on every pullback towards this reaction line, targeting $0.053 in the medium term expecting a drop below last week's lows in a bear trend continuation pattern. Their confidence is in the fact that the wave down is with high participation. Besides, prices are banding along the lower BB suggesting strong bear momentum. What to Expect from #TRX? TRX is under pressure and is down roughly 13 percent from August 2022 highs. In the days ahead, there must be a strong surge above $0.065 for buyers to take charge. If not, any drop below last week's critical support levels may force TRX lower in subsequent sessions. Resistance level to watch out for: $0.065 Support level to watch out for: $0.061 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
TRX Forecast 📊 (H2)Whats Up Retail Whales 🐋 Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value! TRX/USDT - We have an internal BoS - We have the EQLs as inducements, expecting a purge of that liquidity and a mitigation of demand. - If demand hols we could see a run towards EQHs - If demand fails we will assume bearish continuation Remember we are trading human emotions and probabilities Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏 ❗️Attention: this isn't financial advice we are just trying to help people with their vision. HooRaa
by HorianaCapital
TRXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for TRXUSDT According to our last analysis on August 9, we expected a falling trend and now our expectation came true and all our targets are hit. Here we have R1 that used to be a support line. And S1 and S2 are the support areas which express the support of the price at several points. At the moment, we have the price fluctuating on S1 and we have two scenarios to happen. Either we will receive some rising signs and confirmation candles and we predict an increase for the price to R1 and more. Or the price loses the support here and it will face a decline toward S2. So we must wait and see what happens in the future. 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
by MarsSignals