TRX triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
ENTRY : @ 0.06270
STOPLOSS (SL) : local high @ 0.06093
TARGET (TP) : height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR) : 3.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
TRON
TRX inverted H&SIn the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
INVALIDATION (SL) : Right Shoulder @ 0.05879
TARGET (TP) : Inverted H&S target projection @ 0.08555
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Tron's price volatility range is expected at a level of $0.060For the current week, we can expect the trend to be in the range for the current week, as long as we do not have a strong return below the $0.060 level. But if the selling pressure increases, Tron's price decline can continue to the bottom of the channel, i.e. the support range of $0.056 to $0.058. This week, the TRX price volatility range is expected at a level of $0.060.
Contracting Bollinger Bands on the 1W chartHello?
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(TRXBTC 1W Chart)
The key is whether it can rise above 0.0000 0318 in order to release the upward force.
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(TRXUSDT 1W chart)
The key is whether it can be supported at 0.06427.
In particular, as the Bollinger Bands are contracting, volatility is expected in the near future.
(1D chart)
It is important to be able to rise above the 0.06427-0.06532 section and be supported.
If not, you should check for support around 0.06004.
TRX is holding the price near the M-Signal on the 1M chart, so it can be clearly seen that the long-term trend is about to turn into an uptrend.
Therefore, as mentioned in the explanation of the 1W chart, it can be seen that the current position is located in a very important section.
If the mid- to long-term wiggle starts, there is a possibility of touching around 0.05358, so you should think about how to respond now.
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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.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(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 pumping is near?Hi Dears
Do you heard about WOW TRADE strategy?
We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone.
After that the price will be in the moon.
And now we are watching this strategy for trx usdt.
I hope it works properly.
Sincerely
Hosein Poursaei
TRX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I had to draw some data in here that was not shown (white squiggly lines) Without full data on a chart, it's hard to count waves accurately. This chart is on the weekly timeframe.
I cannot predict time, however I am trying to with this chart. Future resistance and support lines are also predictions.
RR: 9
Possible upside: 480%
Possible downside: 53%
TRXUSD - Potential Long after Squeeze. 50% ProfitWe received a strong Buy signal through Crypto Tipster v2 recently, after drawing a few trend lines and support/resistance horizontal rays it looks like this triangular squeeze is coming to an end, a large breakout is iminent.
As we are already sat on a strong area of support, our thinking is that breakout will be in an upward direction, with the next level of resistance bringing around 50% profit, or more!
🔥TRON IS GOING TO BREAK THE 2-YEAR TRIANGLE: PUMP SOON?🚀🔥Hi friends! First of all, take a look at the chart. See how the whales accumulate their positions: sl hunting and volume confirmation? This is a perfect example of how they work.
📊 MY TRADING PLAN FOR TRX:
1. squeeze to the trendline
2. sl hunting below the POC area ($0.06-0.064)
3. bullish BTC
🚩 I think that this squeeze to the global trendline will be successful and TRX will break it with PUMP. This will be the best scenario,
✅ MY TARGETS FOR TRX:
🔥 $0.072 - the key level
🔥 $0.092 - the key level
🔥 $0.12 - the local high and key level
Traders, will TRX become the top gainer of the bull market? According to this triangle pattern, the target is at least +290%. Write your thoughts in the comments!
💻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 (CRYPTO): ...is possible a "X2" (+100%) in medium term?Hi everyone!
The answer is very simple: YES!!! That said, Tron has shown some major consolidation over the past few months, but at the same time, it has kept the main trend sideways. If we look at the daily chart, the trend of last few weeks still keeps this crypto under pressure, but at the same time, we think it might be interesting to use an accumulation strategy, so let's say we'll do something like "buy the dip" in short and medium term.
Our first target we showed on chart and if our analysis is correct, Tron could do something very similar to +100%....
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
Please... trade with care! 💖
TRX | DECRYPTERS | TRON | JUSTIN SUN HI people welcome to Team Decrypters
TRX is the native cryptocurrency of the TRON network and is used to facilitate transactions on the network, as well as to pay for the creation and execution of smart contracts.
we are expecting move to the upsdie Soon in tron so we are buyers in TRX
TRXUSDT Ready For Takeoff!TRXUSDT Technical analysis update
If the price breaks above the resistance line then we can expect a good up move in Tron.
Buy zone: Below $0.062
Stop loss: $0.054
Take Profit 1: $0.068
Take Profit 2: $0.077
Take Profit 3: $0.092
Take Profit 4: $0.115
Always keep stop loss
Thanks
Hexa
TRX: Overbought at ResistanceTRON (TRX) technical analysis:
Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.058 (previous resistance), then $0.050. The nearest Resistance Zone is $0.065, then $0.070.