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TRX/USDT Is it time for correction? Hey traders šŸ‘‹ TRX coin is next on our watchlist with a nice potential for a turnover to happen soon! We see those many attempts of liquify grabs which were resulted by bears with selling pressure but they had failed many times....yet they still try and try. TRX coin has been growing and growing leaving EMAs on daily below the market price! We are keeping an eye for potential drop here which might happen anytime soon! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
4
TRX: The Bearish Movement Already BeganTRX: The Bearish Movement Already Began On our first analysis, the price was still in correction and without any clear direction. At that moment the price was showing the possibility for both moves. Yesterday the price validated the bearish scenario and reached our first target zone. In the current condition, we may see any small correction before the price resumes the bearish movement again. You may find more details in the video. Thank you and Good Luck! Previous analysis:
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by KlejdiCuni
3
TRON: DCA Plan Post-RedistributionTRON is another token targeted by the SEC and in danger of a deep sell-off in the months ahead. Allegations of TRX wash trading have also been brought forth. In the event of a bleed out, these are the Fibonacci retracement DCA points I'll be observing to start scooping it up incrementally. Volume metrics presuppose redistribution, and evidence of smart money absorption is already there (.076). Beware of a possible liquidity grab before the UTAD PA crashes southward. Please LIKE and SUBSCRIBE if charts like these are beneficial to you. *Attention All Serious Traders & Investors: Stop getting smashed and start winning in crypto. My charts will teach you how! If you like big wins and big money, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. Check out my chart history and see for yourself. I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk. **Not a financial advisor. Always DYOR and trade at your own risk.
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by jalapablo
You can't Ignore Tron's Bullish Move Ahead, TRX/USDT AnalysisParadisers, šŸ’Ž TRX is currently moving in a positive direction, shaping an ascending channel. It looks like it might follow the Elliot Wave pattern from 1-5. šŸ’Ž Right now, TRX is in a high-demand area, suggesting a continued upward trend. šŸ’Ž Just a heads up: it's a good idea to keep an eye on the lower low area. If the price goes below this, it could indicate a change in the bullish momentum. šŸ’Ž As always in the fast-paced world of crypto, being informed and ready to adapt is crucial. Stay tuned for more updates and enjoy your time trading with #MyCryptoParadise!
Long
by MyCryptoParadise_Nathan
2
Need to check if it can be supported around 0.07679-0.07760Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT chart) The key is whether it can get support around 0.07679-0.07760 and rise above 0.08051. If not, and it goes down, 1st: 0.07288-0.07192 2nd: 0.06427-0.07025 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
TRX parallel channel HH-LH patternCurrently, TRX is engaged in trading within a parallel channel, characterized by a robust lower support line that has facilitated five instances of price recovery, and an upper resistance line from which TRX has retraced on four occasions. Notably, TRX has recently established local highs within its Higher-High and Lower-High pattern. The prevailing price action suggests that TRX is poised to interact with the lower support line of the parallel channel, a crucial juncture that is expected to dictate its forthcoming trend trajectory.
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by LuqmanEjaz
TRX analysisPresently, TRX is confronted with a horizontal resistance barrier situated at 0.082, while a corresponding support level rests at 0.077. The resilience of the 0.082 level is underscored by TRX encountering two instances of reversal from this threshold. Furthermore, it is noteworthy that a higher resistance tier, 0.092, follows beyond the 0.082 level. In terms of support, the subsequent levels stand at 0.071 and 0.064. The preservation of TRX above the 0.0649 level assumes significance for the continuation of its upward momentum. A breach beneath the 0.064 level would effectively invalidate the Higher-High and Higher-Low structural pattern.
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by LuqmanEjaz
Ascending Channel Growth and Price Range ExpectationsTRX experienced significant growth within its ascending channel, surpassing the resistance of the previous ceiling and reaching a price range of $0.080. If the $0.070 level, which was previously a resistance, can now act as a support level, it is likely to trigger a positive response within this range. However, the price has recently undergone a correction, and a return to the support level may lead to renewed growth and the breaking of the previous ceiling. The primary target for TRON is the resistance range of $0.085. It is important to note that the selling pressure around the $0.080 range has reduced the likelihood of a quick reversal and a breakthrough of this resistance. Consequently, there is a possibility of forming a range zone between the current price levels.
by MonoCoinSignal
3
The Tron shuttle will continue charter flights for Tron coins.šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ šŸ’µ 1,000,000,000 #USDT (1,000,485,000 USD) minted at Tether Treasury Transaction Details Blockchain Tron Timestamp 1 minute 7 seconds ago (Wed, 12 Jul 2023 07:24:51 UTC) Hash c2fcb6977d0c5e306b154b7281322f58444be838a8ca423af118359abe82acee This is a serious claim from Justin Sun. Shuttle commander Tron made a decision. We'll take some of the profits from Justin Sun. And we will return with a profit and Tron coins.
by vit1000cc
10
Brief Analysis ā€”ā€”TRXToday, we bring a brief analysis of two more popular tokens. They are TRX and DYDX. From the beginning of 2023, TRX rose with fluctuation and the price maintained a movement within the bullish channel (green range). Even on June 10th, when the SEC brought FUD to the whole market, the fall of TRX was not destructive. After that, the price returned to the previous high again. Recently, the price attacked the resistance level 0.085 twice but failed. Subsequently, the bears gained power and three long red candles formed. The fall was accompanied by increased volume, and there does not seem to be any strengthening for the bulls. Conclusion: The high probability fall has not ended. On a large scale, TRX remains bullish, but on a small scale, bears was much ahead. So we come to this conclusion. The bulls may gain strength after the price approaches the green dotted line. We set this week's resistance level at 0.085 and support level at 0.068. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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by Sypool