Lingrid | TRXUSDT bullish TREND Continues. Long from SUPPORTThe price perfectly fulfilled my last idea. It hit the TP. BINANCE:TRXUSDT has formed a well-defined ABC extension pattern and is creating higher highs and higher lows, which indicates bullish momentum in the market. The price reached the psychological level of 0.1600 but then pulled back. Before the upward extension, the price tested the level at 0.1575 twice, highlighting the importance of this support level. This area can be considered a potential swap zone, where buying and selling pressures may interact significantly. I expect the price to retest the support zone before resuming the upward movement, maintaining the current bullish trend. My target is resistance zone around 0.1630
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
TRXUSDT_1F7DF5 trade ideas
Tron: Lower High & Inverted Hammer (Something Strange)Tron's (TRXUSDT) last session closed as an inverted hammer at the top of a trend. The current session is bearish after a lower high.
This is one of the most revealing signals because Tron has been really strong. If this pair gives in, the rest will also move to complete their down-turn.
The difference between this chart and other Altcoins is just amazing. If we were to compared Dogecoin to Tron or Cardano to Tron, the charts are two worlds apart and yet, they tend to meet at some point.
Either Tron's correction will be super fast and deep or it will break a marketwide pattern as it has never been seen before.
The most likely scenario is a flash crash and catching everybody by surprise. The fact that we have these reversal signals and no new highs reveals what will happen next.
The last high happened 20 days ago and produced a strong bearish signal as well. So we have two strong bearish reversal signals. Bearish reversal as in reversing the bullish trend.
The correction is supposedly reaching its end, but looking at this Tron chart, no correction is present. Here we could say the correction is about to start. Knowing how tricky the owner of this project can be, he might make a move so surprising that it will leave everybody wondering, "what's up?"
By the time we figure it out, all money will be gone.
Total market capitalization will be cut in half.
Thanks a lot for your support.
Namaste.
TRX/USDT Bullish Breakout SetupTRX/USDT is showing a promising bullish setup after a sustained uptrend on the weekly chart. The price has formed a strong base around the $0.160 level and is now approaching a key resistance at $0.170. If TRX can break and hold above this level, a continuation toward the next resistance zone near $0.180 is likely, representing a potential 22% upside from current levels.
TRX-USDT [Possible (1W) Multi-Confluential C&H Pattern forming]Trx has been one of the few major cryptos seeing consistent gains recently, with a possible chance for higher price points to occur heading into Q1 of 2025. Currently looking for an open & close on the daily above the current resistance. On the chart I have made note of a few small possible price points including a possible DT, as well as some other areas of resistance which could potentially invalidate the C&H. Just figured it couldn’t hurt to throw this possibility out there in case anyone was looking for some price action other than BTC, which is usually what I stick too. But with very little market volatility currently hindering BTC for people such as myself who focus on HT swing trades and less day trading than the typical degen usually scouring the TradingView chats, I’ve started going thru all my old charts searching for better price action. This just happened to be the first one I went over. TBH, I do not trade C&H often, but with this Target breakout finding confluence with multiple other High-Interest Areas on a timeframe such as the weekly, it was hard to completely ignore. I am going to analyze a few more charts and hopefully find even better price action where I will be looking to use my more typical TA methods, and will definitely publish if I find any others. As always, remember BTC is the leader of crypto. And the S&P, the DJ, and the other heavy hitters in the traditional markets are the masters of BTC. That means if the markets take a dump, all of crypto will go with it regardless of the TA. And if BTC takes a dump for whatever reason, expect most of crypto to follow suit. Especially larger coins such as TRX, and any of the other top 50-100 cryptos. If anyone has any questions about this chart and how I reached the stated theory, please feel free to reach out and contact me.
Trade safe, trade smart, and always remember it doesn’t matter what you know; the only thing that separates winners and losers is understanding Risk/Reward, knowing when to stay and to walk away, and the discipline to treat every trade as if it were a real job, not a casino. It took me the first 3 years of losing everything I put in, until I finally figured out how to control my discipline within to start capitalizing from trading. If you are new to trading, or have been trading a little while, and just can’t seem to make money consistently no matter what you have tried, reach out to me. I am not trying to sell anything. I truly just wish someone had personally reached out to me the first years that I got into the markets. It could have saved me so much headache and anxiety and stress in my life. I will always keep that feeling of absolute despair buried deep in my conscience. And if i can help anyone out there from going thru what I went thru, I would do so in a second.
- Alexander Thaddeus, B.Sc. BioMath, IABAC.
TRXUSDT - TRX been trading in this upwards channel since JANTRX has been trading in this upwards channel since JAN 2024 and it looks like we are going to attempt to breakout towards the top. Should we fail we can expect a retrace towards the 0.618. With the launch of sun.pump and memecoins launching on the TRON network we can expect a bullish move over the next few months.
TRON Crypto + 3 Step Rocket Booster StrategyThe market is in a very steep decline.
Everything is on sale..and if you are into dip-buying
this is your moment
-
This is my first time experiencing
a dip buy in the market it kinda sucks
because the volatility is insane.
This is the time to focus on risk management
but if you are looking for a high
edge in the cryptocurrency side of things
then BINANCE:TRXUSDT
is the play I think that will
go on the high end of prices.
Which means:
#1-The price is above the 50 ema
#2-The price is above the 200 ema
#3-The price will go up in a trend.
Because this is a bear market
my last trade ideas have been dip-buy patterns
so if you got caught up in the volatility
without risk management am sorry
that's the nature of trading.
The 3 steps above are the rocket booster strategy.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn risk
management and profit
taking strategies.
Because you will lose money wether you like it or not.
After VETUSDT —-> TRX 1:1 Long Setup SettingBINANCE:TRXUSDT
CRYPTO:TRXUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️ Entry Area:
Yellow zone
⚡️TP:
0.1556
0.1575
0.1595
0.1619
0.1640
🔴SL:
0.1460
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
TRXUSDT Potential Up trend continuation after bounce from the suSince the launch of the platform for meme coins, the Tron network has garnered significant attention in the crypto space. The price action of TRXUSDT looks promising, characterized by a smooth formation of higher highs and higher closes. Recently, the market pulled back from the resistance zone and is now testing the support level at 0.1525, which has been respected twice before. There’s potential for the market to bounce back from this support level and the upward trendline, especially with the emergence of rejection candles. The target is the resistance zone at 0.1575
TRXUSDT | I am having mixed feelings on TRONLooking at the chart you can clear see TRX trading in a upwards channel. Looking at the RSI we are still trading in the middle of the range and there is definitely still a possibility that we can see another push up. However, looking at the volume, you can clearly see the volume decreasing and TRX loosing steam. The best outcome would be a healthy re-tracement to build up some momentum if we wanted to see TRX reach much higher prices
Lingrid | TRXUSDT gaining Momentum in the Market. Potential LongSince the launch of the platform for meme coins, the Tron network has gained significant attention in the crypto space. The price action of BINANCE:TRXUSDT looks promising, by a smooth structure of higher highs and higher closes. Recently, the market made a pullback from the resistance zone and is currently testing the support level at 0.1525, which has been respected twice before. I expect the market to bounce back from this support level and the upward trendline, especially as we are observing some rejection candles forming. My target is resisatance zone at 0.1575
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
TRX, the UPSHIFT has started, the whole CRYPTO will SURGE!AMEX:TRX
DO YOU SEE WHAT I SEE?
MASSIVE ALERT!
When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets moving after a while. Just like January 25, 2024 (BTC from 38k to 73k journey), TRX started ascending, then the market gets wild after a few days.
Get ready.
TAYOR
TRX Turns BearishTRX Turns Bearish
Yesterday afternoon, TRX confirmed a bearish channel.
Although it initially showed signs of a bullish movement during the day, the volume quickly dissipated, and the outlook turned bearish once again.
After any brief pause, TRX may resume its downward trend from the recent highs. This time, the pattern appears more solid and could push the price to new lows, as indicated on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Tron | The Forever Up MentalityTron has been growing since November 2022. November 2022 is the same month when Bitcoin hit bottom. While Bitcoin peaked in March 2024, Tron continued higher and produced a new high in August, thus we have a 644 days long bullish phase.
What you are seeing depicted on the chart as ABC is called an irregular correction. If we consider the last higher high as part of the previous bullish wave, we have to assume a forever up mentality and the market has already proven this not to be the case.
In an irregular correction the second (B) wave produces a higher high compared to the end of the bullish wave. Just as it happened with Bitcoin between November 2021 and April 2021.
April 2021 was the orthodox end of the bull-market.
November 2021 produced a higher high as part of an irregular correction. This happens because of the Covid monetary expansion policies. When there is big monetary expansion, fiat loses value and thus you can see these patterns.
The thing is that Tron is going down and Tron going down confirms the others are going down because the market never moves straight up. What one does, the rest follows.
The correction is not over but the end is getting close.
I'll lave the theory for another day.
Wishing you a happy week.
Namaste.
Tradeshoots Indicator Short Signal Triggered After Breaking Key Support
After the price broke through a key support level, my indicator gave a short signal. I've decided to enter this trade, targeting a 1:2 RR. Now, the focus shifts to identifying where the next key support level will emerge.
Let's see how this one develops!
TRX Tron Elliott Wave RetracementsIf you haven`t sold TRX before the previous retracement:
Now according to the widely-followed Elliott Wave theory, the potential retracement targets for Tron are $0.14, $0.13, and $0.115.
I anticipate Tron will reach $0.115, driven by the legal issues surrounding its founder, Justin Sun, which are expected to escalate this year.
TRXUSDT Breaking out of falling wedge!!!Join our community and start your crypto journey today for:
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Hello everyone,
TRXUSDT has successfully broken out of a falling wedge pattern, indicating a potential bullish reversal. The recent market pullback has confirmed this breakout.
Opening a long position on TRXUSDT with the following trade setup!!
Entry: $0.1514 - $0.1492
SL: $0.1465
Targets:
$0.1569
$0.1615
$0.1649
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
TRX (Crypto TRON-USD) SELL TF H4 TP = 0.1362On the H4 chart the trend started on Aug. 27 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.1362
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, WeBelievelnTrading
TRXUSDT CorrectionTRXUSDT is currently pulling back after forming a double top at a resistance zone. The price is now testing a previous support level, and there is a chance it could dip below this support, given the liquidity below this level and near the February highs. The market has already seen a pullback of around 12%, with the potential to extend to a 15% pullback. This price action might develop into a trend continuation pattern, possibly forming a triangle as it consolidates. If the market finds sufficient buying pressure at these lower levels, it could set the stage for a future upward move. The target is the resistance zone around 0.1618
Lingrid | TRXUSDT Correction in the MARKET. LomgThe price perfectly fulfilled my last idea. BINANCE:TRXUSDT is currently pulling back after forming a double top at the resistance zone. The price is testing the previous support level, and I believe there's a possibility the market could dip below this support level, especially since there is liquidity below this level and near the February highs. The market has already experienced around a 12% pullback, and I anticipate it could reach a 15% pullback. I expect the price action may establish a trend continuation pattern, potentially forming a triangle formation as it consolidates. This could set the stage for a future upward move if the market finds enough buying pressure at these lower levels. My target is resistance zone around 0.1618
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Tron | The Catalyst?Do you guys think this will be the catalyst?
➢ Tron Technical Analysis
The top was set 25-August. Price action following this date is classic of a top formation; no new highs, the highest volume on a daily session closed red, and all is happening where everything marketwide is pointing toward a major flush next.
The daily candles, looking at them up close, clearly indicate the loss of bullish momentum. I know this is hard to either spot or visualize if you are invested in the current situation, but a drop only comes out of rise.
➢ Oscillators
The daily MACD is trending lower. It peaked 20-Aug. and produced a lower high 25-Aug., a small bearish divergence. What isn't small is the downward bias:
The weekly MACD peaked November 2023 and produced a strong lower high 19-August 2024, a very strong long-term bearish divergence:
It is pointing straight down.
The daily RSI already peaked and started to curve down. The histogram reveals where things are going... The red arrow shows how these things tend to resolve:
The weekly RSI is still bullish and trending higher, but there is an extreme bearish divergence with TRXUSDT, it peaked March 2024:
➢ Conclusion
To warn caution would be an understatement. When things are heated up, things can pop-up unannounced.
The market moves up and moves down... It balances itself out.
➖ The ones that are low, near support, look good to buy and hold.
➖ The ones that are high, near resistance... RUN!
Namaste.