TRXUSDT 2D#TRX broken down the Ascending Channel on 2D timeframe. So down we go and maybe retest the weekly support zone.
TRXUSDT_1F7DF5 trade ideas
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.
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TRX: Two Possible Trading OpportunitiesTRX: Two Possible Trading Opportunities
The price is developing between 0.75 - 0.78 during the last two weeks and it is not
showing any clear direction yet.
Currently, the price is getting ready again for the next movement and it is accumulating.
A move above or below the correction pattern will show the next price direction.
Thank you and Good Luck!
You can't Ignore Tron's Bullish Move Ahead, TRX/USDT AnalysisParadisers,
💎 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.
💎 Right now, TRX is in a high-demand area, suggesting a continued upward trend.
💎 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.
💎 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!
Need to check if it can be supported around 0.07679-0.07760Hello?
Traders, welcome.
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Have a good day.
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(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.
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** 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.
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TRXUSDT is testing a strong trend lineHello everyone! According to TRXUSDT, I think it's a good idea to take a coin for correction. Now the price is just testing the annual trend line. For a year and a half, the coin has had a good long trend. Even despite the entire crypto market, which has experienced a severe drop in a year and a half, TRXUSDT has performed very well during this period. Therefore, the coin should go at least 0.086.
a 1/10 RR on TRXUSDTa 1/10 RR position on TRXUSDT.
Enter if your setup approved.
Look forward for your Idea.
BMZ-ir
TRXUSDT.P long ideaOn the H1 chart of TRXUSDT.P it seems that the instrument has completed a 5 waves down cycle with recent bullish impulse in wave A. Expecting retracement in wave B with my trading levels marked on the chart.
TRX move upStrong long, for sure. Monday's gonna show who makes the rules. Awaiting bitcoin's support.
TRXUSDTTRXUSDT has completed AB=CD pattern and form support zone. Currently the support zone is being sustained with strong bullish divergence. but price is still below the long term declining trendline. If the price gives healthy closing above falling trendline, it will be a nice buying setup.
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.
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.
TRX Elliott wave completionEvident from the chart's presented structure, TRX has conclusively traversed its fifth Elliott wave, characterized by incremental higher highs and higher lows. TRX should remain above from the previous low in order to keep its bullish pattern going in the future.
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.
TRXHi Guys ,based on my last analysis in trx:https://www.tradingview.com/chart/TRXUSDT/6kB973lM-TRX/
technical doesnt give you always profit but really keep you from big loss and keep you in a logical trade.......
Good luck
TRX FOR BUYENTRY : 0.07668
SL : 0.07618
TP1 : 0.07732
TP2 : 0.07821
Do not forget to observe capital management
The Tron shuttle will continue charter flights for Tron coins.💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 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.
Brief Analysis ——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.
TRX Elliot Wave AnalysisAs indicated on the chart, the elliot wave cycle is completed
This is only a SPOT TRADE.
TAKE PROFIT : Levels mentioned in blue dotted lines.
STOPlOSS : Use accordingly
It can go oppsoite if btc dumps so do proper Risk Management.
NFA, DYOR
TRX: Channel Up BreakoutTRON (TRX) technical analysis:
Trade setup : Price was trading in Channel Up pattern but got rejected at $0.086 resistance again, just as it did in June. Now it had a bearish breakout from Channel Up pattern and below $0.08 support. Price could pull back near $0.073 support, which could be an attractive swing entry in Uptrend.
Pattern : Price was trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.080, which it broke, then $0.073. The nearest Resistance Zone is $0.086, then $0.100.
TRX usdt 5/15 min timeframe Long idea tp1 is orange line
and i think after making a double top trx can rich to 0.08838 usdt
TRX/USDTTron digital currency is in an upward trend and in the short term it can reach 0.10 cents, if this resistance is broken, the long-term goal of this currency is 0.17 cents. Good luck.
✴️ Tron Ascending Channel With Targets (115% Potential)Tron (TRXUSDT) has been growing since March 2020, higher highs and higher lows, more than 3.3 years.
We will not go that far back but instead will focus on current price action.
We see a nice uptrend, ascending channel, since November 2020 and the chart signals are telling me that this pair is about to pick up momentum.
✔️ EMA300 and EMA200 were tested as support recently, last month, and held beautifully.
✔️ Now we are seeing five 3D sessions closing green, that's 15 days of green with prices trading above EMA10 and EMA21.
✔️ The MACD is above zero and about to print a bullish cross with a strong RSI.
This all points to higher prices with the main support being at EMA50 (0.0698) and EMA300 (0.0660).
Now the targets:
1) The first jump can produce 55% at around $0.121.
2) The second jump can reach higher and hit 116% at $0.167.
These are easy targets for this bullish wave.
Namaste.
