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Tronforecast

Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC. I think Tron will uptrend pretty well along with Bitcoin. But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post: Why is Tron bullish? Well, 1. have spotted bullish divergences 2. Tron has a good potential for a breakout from the falling wedge 3. MACD is bullish 4. Bitcoin is bullish Please do not use high leverage on this trade if you are trading futures! REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!
Long
by MarketAnalyzerFX
#Tron Defying Strong Gravity, #TRX Buyers Target $0.Past Performance of Tron In a sea of red, Tron is defying gravity, ending last week strongly as per the candlestick arrangement in the daily chart. The coin is up roughly 10 percent in the past trading day and a massive 16 percent versus the USDT in the previous trading week. TRX bulls are resilient against bears, maintaining a bullish trend and impressively soaking in selling pressure. #Tron Technical Analysis Tron is within a bullish breakout formation from a top-down analysis. Notably, TRX prices are bouncing from the 20-day moving average, flashing with April 21 lows. The bull bar capped the recent price action. Since bears didn't drive TRX prices below $0.061, the sharp reversal from the critical level points to strength and trend resumption. Accordingly, TRX traders may search for entries with targets at April 21 highs of $0.075. Conversely, sharp losses below the middle BB may force TRX to $0.57. What to Expect from #TRX? Tron bulls are confident. The bullish engulfing bar of May 1 signals strength and possibly a resumption of the uptrend. In the immediate term, TRX may recover and retest April 2022 highs of around $0.075. Resistance level to watch out for: $0.075 Support level to watch out for: $0.057 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
TRX (TRON) WILL BREAK RECENT LOWTRX (TRON) will break recent low and after that where it can go this is confusing for now because i can see 2 alt count. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #TRX #TRON
KRAKEN:TRXUSDShort
by anantadhungana
TRON CLEAN TECHNICAL ANALYSIS CURRENTLooking attain here on the 1hr time frame we can see price has come up to a all time high area coming from a previous impulsive leg to this level where price rejected from 0.18. Currently price has tripled down the the 2.618 fib level where support is being tested, price has got to this level in toe from of a descending channel (squeeze), price has made clean touched within the trend lines confirming the pattern. Anticipating fro price to possibly make a push to the downside one more time to the 0.119 level where a second touch of the descending channel and the outer structure will meet at the signifiant 2.618 fib support. There is a high probability that price will reject this level and make a push to the upside once again reaching the 0.16 level, then looking for price to create support at the 2.618 level before continuing higher
Long
by akillizkb
TRX - 6h. Buyers have a chance to test $0.07TRX Buyers aggressively launched an attack in the $0.037-0039 range yesterday. This range f rom August 2020 keeps the price from continuing the growth trend. 3 previous attempts by buyers to take control of the range ended in a sharp reversal of the price to the liquid price zone of $ 0.023-0.024. However, this attack is special. In our opinion, the buyers managed to neutralize the main sellers on January 29. The strong momentum on high volumes has satisfied many sales orders. After such an event, the sellers did not launch a counterattack, which signaled their weakness. Today we see that the price of TRX is uncorrected to the mark of $0.05 . this mark is in fact the limit of the global 2-year consolidation. After breaking this mark, buyers will be able to continue to grow to $0.07. However, if we remember that the historical maximum of TRX is around $0.2 - there is still a lot of work for buyers. ___________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
24
TRX-4h. Buyers have lost the trend line. What happens next?The situation on the TRX market is very similar to that of EOS . For the second time, buyers are trying to break the mark of $0.0366 and receive an aggressive response from buyers. The TRX price has been consolidating since September 2020. Active growth during August 2020 sent the price for the correction for six months. The main accumulation zone of long positions is in the range of $0.0265-0.027. The fall in the price of TRX on January 10-11 on large volumes showed that buyers are ready to keep this range . However, the price went beyond the growth trend, which buyers formed from December 23. Buyers are not actively trying to return the price, waiting for the reaction of BTC. Therefore, we cannot call this coin strong. Compared to XLM , TRX buyers are quite weak. However, if the favorable situation in the crypto market continues (bitcoin will either grow or consolidate), the TRX market has every chance to shoot up. The first target is $0.036. Alternative scenario. Breaking and fixing the TRX price mark of $0.0265 will return the TRX price back to the liquid consolidation zone. This fact will reduce the chance of growth in the near future. And increase the chances of continuing a sharp drop in the price of TRX to $0.22: ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
This will be good news for traders to go long Tron and wait for I have been researching cryptocurrencies for 2 years. I noticed in all charts the common matter within all coins and tokens has been the extended wave 5. This happens in all sub-waves of each wave. About Tron: studies show that,3 waves have been completed so far, at the moment the 4th wave is under accomplishing. According to the candlestick type in 240 minutes time frame, also the resistance level of 50% Fibonacci ratio, and dealing with the broken downtrend, the probability of ending the wave 4 becomes clear. So, we should wait for a very strong uptrend in the 5th Wave. According to the initial explanation, we have to wait for the continuous wave of 5th, the target of this bullish rally can be in the range of 0.08 up to 0.10 cents. However, we must consider the possibility that wave IV will continue up to the range of 0.618 Fibonacci ratio.
Long
by NirmataFX
2
TRXUSD -1W Chart AnalysisDespite the majority of the crypto currencies that appear to be moving slowly but surely at lower prices, Tron is about to register the 7th consecutive week since the trend is on the rise. Thus, we could see how the price went above the 20-day moving average by mid-December, recording an increase of about 0.0069$ (or 34%) since then, based on some trading volumes above the average. From the technical point of view, with the exception of the RSI which has a neutral position that signals rather the lack of a possible aggressive movement, the Stochastic and the MACD are indicating that this increase which started on December 17 is not over yet. If trading volumes will remain at least the same, there is a good chance of seeing the price of Tron breaking the resistance level of 0.2976$ in the coming days.
BINANCE:TRXUSD
by ReadBTC
TRXUSD - 1D Chart AnalysisAlthough most of the cryptocurrencies have experienced oscillating developments over the last few weeks, caused mainly by the decline of the market capitalization, TRON seems to be one of the ones which had trading volumes above the average and it also managed to recover the losses registered in November. Therefore, the bullish trend which has started on the 17th of December continued with the price which crossed the 20 days Moving Average and remained between it and the upper standard deviation of the Bollinger Bands until today. At this stage, we have a contradiction of the technical indicators as it follows: * The RSI at the level of 70, meaning that the price is considered "overbought' and it can have a correction anytime soon. * On the other hand, the Stochastic is between the "neutral" area and the "overbought" one but the "fast" line is still above the "slow" one and there are no reasons to expect a trend change, at least for now. * The MACD has indicated the increase on the 4th of January and it's position is still about the Signal, meaning that the growth has big chances to continue. What is important to know is that all these 3 indicators had similar positions on the 23rd of December, day in which the price has started to move sideways for 11 days, period which was followed by another increase. If the market will follow the same pattern, a target price which can be considered realistic is 0.0274$.
BINANCE:TRXUSD
by ReadBTC
Tron update analysisHi guys, once again prefacing this post with the fact that I am not an expert, only sharing my ideas and am open to criticism or any advice anyone is willing to give. Now lets get into it! On the 4 hour chart for TRX/BTC I have counted a 12345 Elliott wave and an ABC Correction. Tron is looking very bullish at the moment just completing the C wave of the correction, breaking out of the bull flag while simultaneously hitting off the bottom channel. There is also a bullish MACD cross below 0 signaling bullish as well as the rsi level is bouncing off the rsi bottom support and is once again heading up. The low amount of volume is a confirmation that the flag is completed and I see a spike in volume sometime soon. The price has remained above the 200 EMA for the past 3 weeks, only piercing it twice at the bottom of the correction. Thanks for viewing my analysis on TRX/BTC I value feedback greatly so feel free to let me know what you think and any of your personal ideas!
by Zelma
TRX/USD Forecast 08.03.18Dear Traders, Let´s talk about TRON. You and I are aware that TRON´s CEO had made a lot of post on twitter about great news coming, that´s what made TRON´s price go up that much back in the beginning of January. And what happened after ? A huge dip because nothing happened. A lot of trader a stuck with huge bags of TRON hopping that it might go up again one day, well im in the same spot as you are, and the only thing we can do is HOLD and see what TRON has planned for the future. I do have good news, TRON´s EXODUS plans are out and he has set a release date ! 31.04.18 it is ! This date will be important for TRON´s future, the price will go up but a lot of whales will drop their bags so we might won´t see any new All Time High, but we will still see a surge in TRON´s Price and exposure in the Crypto World. As you can see above, I´ve drawn a Triangle which contains TRON´s future. Like always, if this triangle is crossed upwards, we will see a bullish trend. I do hope we will achieve this upwards crossing before the release of EXODUS, because we will have a bigger chance to go even higher. On the other side, there is a possibility that the triangle will not cross upwards but downwards, which we, bag holders, don´t want of course... Let´s keep an eye on this Technical Analysis, and see what will happen until the 31st of March ! Feel free to like, comment and follow me and my work if you find this helpful ! Raw_Blitz out.
BINANCE:TRXUSD
by TjerkPieksma
1