Tron(TRX) is ready to fallTron has reached and reacted to the extreme orderblock of the minor structure in the daily time frame.
We expect it to start downtrend and fall from this point.
The only way to faild this analysis is a candle closes above the extreme order block, which is also very unlikely.
This is my personal analysis and its not a financial advice.
TRXUSDT_26B410 trade ideas
TRX (Y24.P1.E1) Macro overviewHi traders,
We spoke about this recent level in our forum and the trading opportunity given,
Details below.
Here is my macro overview with Elliot wave count aligned with fibonacci.
The daily 200 moving averages are the key for the macro trend and its possible that we range here or keep going to the fib extension of 618 in the short period.
Enjoy.
Regards,
S.SAri
The setup
The results
Strategic Short-Term Play: Unveiling Trade Opportunity on TRXHello Traders,
I'm excited to share a trade opportunity based on a comprehensive technical analysis. The stochastic RSI, scrutinized across lengths 11, 51, and 101, along with the Traders Dynamic Index (TDI), signals a compelling entry point. Despite the trend going against the larger frame, meticulous analysis supports a short-term gain, with a conservative profit target set at 1.7. Let's seize this opportunity with calculated precision.
Happy Trading! with MEXC:TRXUSDT.P
will try to Implementing a Break-Even Point to Mitigate Risks and Maximize Gains.
Tron (TRX): Rejected By 200 EMA + Bollinger BandsWe are looking at the TRX coin after seeing a very sharp rejection near 100/200 EMA and also on the upper side of Bollinger bands.
With that being said, after a nice breakdown of EMAs, we had one clean re-test, which was successful and seems to be pushing the price lower and lower.
We are looking for lower support to be reached one more time and potentially being broken as well!
Swallow Team
Huge upside potential for tron trxthe chart is pretty self-explanatory
there is a massive pattern for trxusd on the daily chart...
please set the target and stop loss accordingly
100 percent profit potential for a 10% stop loss
this trade is worth taking.
this is just entertainment and NOT financial advice :)
good luck!
Tron(TRX): Waiting For Resistance To Be Reached! We noticed rather strong resistance, which has been in decline here. The vision is clear here: we want to see another touch in the upper zones and a potential drop from there!
EMAs are currently holding the price, which seems like a good spot to bounce toward resistance.
Swallow Team
TRXUSDT4 hour TRX time form analysis
The price is now 0.107 dollars. If we break the yellow trend line from above to the price of 0.113 dollars, we have no resistance and target 1 will be touched easily. POC (the area that has the largest volume of transactions) is not far from the possibility of breaking the 0.101 and 0.095 supports.
Technical analyst: Amir Hassan Salek
#TRXUSDT
TRON #TRON Testing strong resistance LineTRON #TRON
Testing strong resistance Line
As of today at 0.10679, the target goes to 0.1095.
Range between support 0.0974 and Resistance at 0.10954
Watch the MACD, almost uptrend.
DYOR, Not a financial advice,
Based on technical analysis.
Happy Holidays.
24Dec2023.