TRXUSDT will be in down trendTRXUSDT trade will be in down trend channel ultimately it will touch -161.8% level then you can get good price to open buy position.
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TRON
Elliott Wave Time Target Says Bubble Begins Inflating In JulyBased off of the very long-term Neely-Elliott Wave count, Wave-F needs a few more months of sideways action before we start breaking up away from the green trendline. The time target is saying wave-F should end sometime around July, and we will begin a violent wave-G up. This G-wave will bring several cryptos to multi-trillion dollar market caps. At which point, we will see the 12 year Bitcoin bubble ending, and we could see a very long-term (10 year+) correction beginning after that point.
It's likely that we've already hit the lowest price, but there is a small chance we could go lower before July. Most likely price will slowly drift sideways and up until around July, at which point it will finally break away from the trendline and begin a violent advance similar to what we saw in 2013 and 2017. Most top cryptocurrencies should follow a similar pattern and see violent advances beginning in July.
For now I am remaining neutral/bullish until July, at which point I will take a more aggressive bullish position if my analysis continues to hold water.
More analysis is posted regularly in my personal TV Chatroom: www.tradingview.com
TRX: hottest🔥 alt make a pullback. Here is an enrty point!📊TRX grow higher than any other altcoins. It`s pump even if BTC fall sometimes. It has strong support from the buyers and in this idea i`ll show you where the big player open it`s longs.
1. First of all, the huge support is the $0,62-0,63 value area. The liquidity collection and the liquidation of the lavarage position confirm the volume indicator. The volume bars should grow. It`s shows us also the presence of buyer. We need to follow the smart and big money, don`t we?
2. After the small consolidation and trendline squeeze the price have to brake the trendline. Here will be our entry point.
3. The local manipulations are not required but it will be good to see false breakout or liquidity collection before the breakout of the trendline. The trapped short traders gives to TRX additional fuel to grow!
The targets:
1️⃣ $0,7 - the closest key level
2️⃣ $0,75-0,79 - the liquidity gap.
This target will be easy to reach for TRX if BTC show some strength. The price of this alt grow even if BTC just consolidate. Image what happen if BTC starts to rise.
✅Traders, if you have a question about how to trade the trendline breakout or other trading tips write down in the comment or to DM!
💻Friends, press the "like"👍 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.
The price of Tron will reach 0.072.Hello.
According to the analysis, the Tron currency will fall in the resistance point "Re 1" and then with the price falling on one of the support points "Su 1" or "Su 2" its price will return to the point " Re 1 "arrives.
So according to the analysis we have to keep our price up to 0.072 Tron and then sell it so that the Tron currency reaches one of the support points.
First resistance point: Re 1
First support point: Su 1
Second support point: Su2
Thank you very much for your valuable time.
TRX - another opportunity for shortReasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Broke local trendline
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
TRXUSDT 1D TA : Bull or Bear ?As you can see, the price has returned from a significant support range
It is likely to grow close to theBearish Trend line
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.20.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TRX - Down we go, go, go, go..Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 50 ATR, coin at high
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Quickpost: Comparing Inverse head & shoulders on TRXBTC & ETHBCPretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD.
The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have entered a small position on TRXUSD but once I see it get above its current resistance I will begin adding to it pretty aggressively in the early stages of the move. Once we get above that resistance I will have a 23 risk reward ratio and I will be putting on some margin.
Shiba Inu (SHIB) Surges 45% in 7 Days & Overtakes Tron (TRX)Popular cryptocurrency Shiba Inu (SHIB) overtook another popular coin, TRX, from the company TRON in the top by market capitalization from the portal CoinMarketCap. SHIB, traditionally referred to as a memecoin, showed an impressive seven-day increase in quotations by more than 40%, which helped Shiba Inu add another $2 billion to its capitalization. Thus, SHIB has a current capitalization of $6.4 billion and ranks 13th in CoinMarketCap's top.
Of course, the growth rate of more than 40% in seven days can definitely be considered a victory for SHIB, but it is worth noting that Tron's TRX might not receive its percentage growth and give up its place in the top due to recent events related to algorithmic stable coin USDD, issued by Tron DAO. Recall that USDD lost its peg to the dollar in mid-June in events seemingly similar to the Terra collapse. Nevertheless, Tron DAO and its head, Justin Sun, managed to stall the de-peg and quickly implement a plan to save the entire Tron ecosystem.
TRX/USD - Tron pumping to 7 cents! 🚀Tron is on a clear path to 7 cents. The chart is bullish and so are the indicators.
If it breaks the 7 cents resistance and moves above 8 cents, then TRX could leave this massive descending triangle visible on the weekly timeframe.
Both the MACD and RSI are making higher highs, so this is good and continuation is likely unless BTC pulls the market lower.
To me, the price will continue up until it faces the resistance level.
Volume is not great on this last pump, but there are reasons to be optimistic right now.
Longs have a better r/r right now and my bias is bullish.
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TRXUSDT 12H🔥Subscribe to the channel that would receive new information about the cryptocurrency market✅
Hello Traders 👋
Let's break down the TRON chart
On the chart, it showed a trend line that served as a local support; after the breakdown, it is now a resistance zone.
The price tested the local resistance zone but failed to break through and consolidate above the local zone. I expect more drops.
TRX - Impulse is closeReasons to take long:
⭐️ We are in a bear trend
⭐️ Trendline 8 days long
⭐️ Level is clean
⭐️ Price is squeezing to the trendline
⭐️ 4th touch
⭐️ 35 ATR
⭐️ Volume decreased. Either we see an impulse up or down.
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
TRON (TRX) - June 24hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(TRXUSDT 1W Chart)
Resistance: around 0.08631
Support: 0.04736-0.06034
Below 0.04736 is likely a mid- to long-term investment area, so careful trading is required.
(1D chart)
Primary resistance: 0.07451-0.07679
Secondary resistance: 0.08223-0.08631
1st support: around 0.06034
2nd support: around 0.04736
There are many support and resistance zones set across the 0.06034-0.08631 zone.
Therefore, you need to make sure that there is a sidewalk to get out of this section.
Therefore, the key is whether you can break out of the downtrend line and move along the uptrend line.
The next volatility period is around July 20th.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Can #BTC see 29K again or what ? There are 3 possibilities for #BTC that i indicated them on the chart , The last mid-term analysis was : According to previous analysis, as we said, we needed to wait for the positive reaction to the BULLISH BREAKER BLOCK zone (in the range of $ 14850 to $ 19500) . The price reacted positively to this high-potential range of demand. Note that this upward movement will still need to consolidate and will not be a 100% sign of an uptrend (Bullish Trend) , Because macroeconomic factors show the opposite. With an optimistic view and if the price consolidates above this price range, we can expect growth to eventually reach $ 29,000 and then continue to fall ...!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.21.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
USDD TRONX stable | Decentralised coin USD, possible?Hello all,
First of all, neither I am a crypto expert nor a fundamental researcher, my analysis is based on technical charts and price actions.
Secondly, the USDD Tronx slips its peg to USD $$$ for a week, which means that the price action is now in motion. ( Newtons 1st rule, when an object is in motion, it will continue in motion ... !!!)
Thirdly, so far the price actions show the weak signal of reversal + monthly candle in BTC will close soon in the next 10 days. My probability is that we might see some further downside of USDD as well as TRONX price (70% it will happen), however, is it as damaged as Moon 1 or 2? Please leave your comment below.
Structure:
PA must close as soon as possible during this month of June above the R2 and R1 with at least a "3D candle" green body above the R2 line in order to "short squeeze".
If not, well Less is more, the chart would tell you all that you might see in the next couple of days.
Cheers and please consider staying on the safe side.
Thank you for your sharing and comments.
TRON Could Have a Terra Luna CollapseTron's stablecoin USDD has lost its peg and despite the $5bil of reserve cash used to prop it back up, it continues to fall further and further from $1. Tron mimicked the Terra Luna UST model and implemented their own stablecoin just days before the UST Luna collapse. If Tron is unable to re-establish the 1:1 peg, it's fate might be the same as Luna's. This is my favorite short.
Tron | Will It Stop Or Keep Going?It will keep on going but, let's read...
Tron is ultra bullish vs Bitcoin (TRXBTC)...
This is a preview of what the Altcoins market has in store for us.
First, TRXBTC has been growing since 2019 with higher highs and higher low.
I mentioned many times back in 2019 and 2020 that the Altcoins market (ALTSBTC) was set to grow long-term, for many years...
This has now come true but things are only getting started.
Today TRXBTC breaks the May 2021 resistance/peak price, also great news.
This confirms we are in new highs territory and the entire market is intertwined; Remember, what one does, the rest follows.
Many coins will not move but we pick the ones that do of course, we can spot it in the charts based on tons of experience.
Bullish indicators, etc.
After May's 2021 peak price we have August 2020, that's the next target at around 465 satoshis or 0.00000465.
If this level is taken out, which is pretty likely, then we will see the 2019 peak price at 860 satoshis challenged.
I hope it grows even more.
Thanks a lot for your continued support.
Namaste.