TRXUSD ❕ lower boundary of a channelRSI chart is moving in the sellers area (4H, 1H and 30m TFs)
Asset successfully tested 50EMA as resistance (4H TFs)
I expect a continuation of the decline after the correction and price holding in the channel.
TRXUSDT_A98D8A trade ideas
tron short positionbreak a rising wedge in downtrend at TRON chart
we have 3 scenarios
n.1: pullback to the break point and falling down to the green area
n.2: pullback to the trendline and make a falling flag than falling down to the green area
n.3: close under the 0.052$ with bearish candles than complete 2legs of the falling
I think we have 0.04$ for target at all
green area : supp zone for 2021
TRXIdea: The price broke the lower border of the bearish wedge and fell to a strong support level, forming a lot of bullish divergences. The price will bounce up and retest the resistance level, and the RSI will rise to the resistance line
05 DECThe yellow zone is a big potential zone for filling selling orders, as the price is reaching by compression and now the QM pattern is created so the price may fall down from the qm level line or break it to the yellow zone- big boss.
Tron TRX Price Targets for DecemberLitecoin LTC is bearish ahead of the release of new economic data on December 13, the Consumer Price Index:
TRX/USDT short
Entry Range: $0.053 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
TRXUSDT | RISING WEDGE BROKENTRON has been in a strong bullish trend.
The bullish trend was fully respected by rising wedge.
The price has broken below the boundary of wedge .
The bulls seems exhausted.
The bears will took control.
Manage your trades accordingly
🔥🚩IS TRON GOING TO MAKE A TRAP OF THE LONG TRADERS❓🔥Hi friends! Tron now is in the rising wedge and as we know it's the bearish pattern. I think the local pullback is possible but only to trap the short traders.
📊 The preconditions to open a long at the pullback (white area):
🔥 the strong support of local lows and value area where a lot of sl and buy orders are placed
🔥 trap of traders who open a long trade at local highs. I identify the big players using the DOM and FOOTPRINT sclaping tools that show this orders. These tools can increase your win rate by 25-35%
🔥 volume growth confirm us the local bottom as it was previously
🔥 bullish BTC
🚩 The fuel fot the growth can become the short traders, who will open a short trades on the breakdowns.
📊 THE 3 MAIN TARGETS FOR TRX:
1. $0.056 - the key level
2. $0.058-0.059 - the value area
3. $0.061-0.063 - the value area ans strong resistance for the price
Trders, will TRON become the top gainer of 2023 or it have no chance and will fall lower and lower? It is ineresting to know your opinion!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRON Starts The Reversal (44% - 81% Targets Mapped)TRON (TRXUSDT) peaked in May and went on a strong downtrend since.
Actually, it peaked much earlier, in May is this years peak which lead to this day.
We have a new low set very recently, 14-Nov., with seller exhausted shown by the lower volume.
After this low we are seeing slow and steady growth.
Once we see slow and steady growth building up, then we tend to have a strong and sudden jump.
We have two weeks now of green for TRXUSDT, with a strong RSI we can see the next price jump happen anytime this or next week.
As usual here, patience is key.
The targets are marked yellow on the chart.
Namaste.
TRXUSDTBased on technical analysis on 90m time frame, Isee sell zone opportunities.
Observe money management and stop loss
TRON SHORT$TRX
TRON is locally bearish . Now trading below June 14 support ($0.5250 - $0.5150)
Targets $0.04470 , $0.03866
Invalidation on daily close above $0.058
TRX (Trox) - Longterm Price Entry & PredictionGood short now in my opinion to lower lows, use each resistance as a take profit.
Potential good investment, if you believe in the project.
TRXUSD ❕ above the liquidityTrading volumes indicate a lack of interest in falling prices.
Tron is trading above liquidity.
Price successfully tested 50EMA as bearing support (4H TF).
I expect a rise if TRX successfully fixes above the current support level.
time to short, or apply for mcdonalds [trx]it is the time are forcing protocol failures. ftx insolvency is one of the craziest events i have witnessed in my 10 years in crypto. a domino effect, where stables of various protocols will show its vulnerabilities, rinsing billions from the industry.
goodluck touch grass and be safe
✅🔥CEO TRX and HUOBI going to buy FTX! TRX to the moon❓🔥 Hi friends! Justin Sun is an owner of Tron Network (TRX) and Huobi exchange. The latest data shows that almost 80% of Huobi reserves were withdrawn from the exchange due to FTX collapse. This is a largest outflow among the largest crypto exchanges. Additionally, Justin Sun wants to buy parts of FTX to be the leader at the US market, so it’s a good news.
✅ I think that TRON is continue to grow because its largest network for USDT holdings. TRC-20 is the most cheapest network for deposits.
Friends, take a look on chart. There we can see the flags which mark the DUMP-PUMP pattern on TRX. This altcoin fall so hard, but also grow so high and this pattern has almost 100% win rate. Now the price make a huge DUMP and we need just to find the best entry point.
📊 The main precondition to open a trade is at squeeze to the trendline. These squeezes happen just before the breakout, so it’s nice place to open a trade with short stop loss and HUGE RR.
🚩 The bullish BTC is a must have during such squeezes. The alt coins price need new fresh money and they are coming only when BTC grow.
TRX has a strong resistance at $0.060-0.065, but first of all it should break the key level at $0.0563. These will be the 2 local targets for TRX.
I will make the huge update with the global targets when the price make HH and HL at the 1d-1W timeframes at least. Now we need only the local targets until new bullish BTC start.
Friends, what do you think about TRX? Does it have a potential to return to its ATH? Write your thoughts in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
TRON (TRX) - November 24Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
The range of 0.0000 0259 to 0.0000 0311 is the boundary between rising and falling.
Therefore, if the price stays above 0.0000 0311, it is likely to release upward force.
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(TRXUSDT 1W chart)
The key question is whether it can move above 0.06236 to break out of the long-term downtrend channel.
(1D chart)
The 0.03538-0.04437 interval determines the trend.
Therefore, if it falls, it must rise with support in the 0.03538-0.04437 range.
To turn into an uptrend, the price needs to hold at least 0.05358 higher.
At the same time, as a whole, the price should make a move to break out of the downtrend channel.
Accordingly, the key is whether the price is maintained by rising more than 0.05358 due to the volatility around December 1st.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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TRX/USDT Ascending TriangleTRX/Usdt Binance 4h Chart pattern create Ascending Triangle Pattern
What is an ascending triangle pattern?
Image result for ascending triangle pattern
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle.
It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside.
Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming.
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.
#Tron Inside a Bear Flag after Dropping 62% in 12 MonthsPast Performance of Tron
The bears have been unforgiving in the last trading year. From the daily chart, TRX dropped 62 percent from November 2022 peaks to spot rates. Although Tron's utility is unquestionable, TRX prices are in range and bearish as buyers cannot reverse recent losses. Primary support is at around $0.450, while resistance is at $0.524, marking the peaks of the current consolidation.
#Tron Technical Analysis
Tron is bearish, and prices inside a bearish engulfing bar and a bear flag, looking at the formation in the daily chart. At spot rates, TRX is also at around 2022 lows with chances of more losses if bulls fail to steady prices. Per the arrangement in the daily chart, traders can unload on every attempt higher toward $0.524, targeting $0.45 in a bear breakout continuation formation below the current bear flag. Even though there are higher highs relative to the lower BB that may offer a reprieve for buyers, volumes are low, and the $0.524 resistance level remains firm, capping upsides. Therefore, this formation ticks to favor sellers who expect more losses in a breakout and from an effort versus result perspective.
What to Expect from #TRX?
Tron's fundamentals are solid. However, TRX is bearish and inside a bear flag with resistance at $0.524. Technically, unless there are gains above this week's highs, sellers will remain in charge with elevated odds of TRX crashing below June 2021 lows.
Resistance level to watch out for: $0.524
Support level to watch out for: $0.45
Disclaimer: Opinions expressed are not investment advice. Do your research.
TRX starts to drop (short-term analysis)
TRX has been struggling to hold the current support around $0.05. However, in LTH the sign of selling pressure can be seen now.
In 1H TF, prices already broke the ascending channel. Retest may happen but the down side will continue, probably.
A referenced Short set-up is as in chart with TPs (in blue) and SL (in red).
On 2D TF, one can see better the down trend will resume very soon because MFI and OBV broken down their trendlines and were rejected (see the below screen-shot)
TRXUSDT - Long Position Looking at the chart we can see a double bullish divergence pattern on the RSI and the MACD.
For the entry wait until the price has reached the entry point shown in the chart.
We expect for the price to go up and hit the targets.
All the details are shown on the chart.
Goodluck
TRX : Price Just Tested A Very Strong Weekly Support ZoneTRX: Price Just Tested A Very Strong Weekly Support Zone
After the price moved down like all the cryptocurrencies now we can see a small
pause from the previous week.
The support area near 0.046500 is pushing the price up again.
I am looking for the price to rise further during the coming weeks considering
that 0.046500 didn't let the price decrease more.
Targets:
🎯 0.058441
🎯 0.065252
🎯 0.070451
Thank you and Good Luck!
TRXUSD LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
