TRX Movement Compression bar for Tron (TRX) which sees a fairly high average price level maintained compared to the rest of the cryptocurrency market.
This close should close with a bearish move that will consolidate a profitable start from a double low around 0.045, while if BTC looks for the BOTTOM around 18K (as I imagine), Tron could look for its low around 0.038.
This idea unfortunately has many ifs and it all depends on the strong market correlation with BTC.
TRON
TRX one of the strongest coin in the marketI am very interested in tron. Justin"s coin looks like it wants higher... 3D chart shows us that price is slightly below resistance which was tested 5x times already in past year... if this break up - we can see double digits gains. MANAGE YOUR RISK
NOT FINANCIAL ADVICE
TRXUSDT- 1W SETUPTRXUSDT price held the long-term support for one Month and closed above EMA 21. Bulls looked in accumulation mode as they did well by holding the nerves and did not panic sell. So it is giving a good feeling about upcoming sessions that if a breakout happened we could see a massive rally upward. So keep accumulating at these levels.
WILL TRON EXPLODE?!?! (TRXUSDT)As we can see on the chart Tron is forming a descending triangle. If Tron can break the trendline resistance it probably means bullish continuation. Otherwise if the support area is broken it will continue the bearish trend. My suggestion is wait until trendline resistance or support area broken, wait for retest, entry when a confirmation candle is formed. If trendline resistance is broken there is possibilities that TRXUSDT will go to all time high, set first take profit target on the last all time high and let the rest go with the bull!!!
TRON (TRX) - May 19hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(TRXUSDT 1W Chart)
If the price holds above the downtrend line, it is expected to rise.
To do that, we need to see if we can find support by moving above 0.07192.
(1D chart)
The key is whether it can find support near 0.07070 and move above 0.07679.
Therefore, it is recommended to check the movement in the 0.07070-0.07679 section.
If it moves above 0.08223-0.08631 and finds support, I would expect it to surge.
(buy)
- After confirming the support at 0.07679
(Stop Loss)
- When it falls below 0.07451 and receives resistance
- When it falls below 0.07070
(Sell)
- When resistance near 0.08631
- When receiving resistance near 0.10176
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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 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.)
---------------------------------
TRX - Nice example how instrument looks before an impulseTron is interesting coin because it's been in a game for a while.
After collecting liquidity from both sides coin created a range for over 5 days. If you look at the volume, it's decreasing, but don't let it fool you. Coin is still interesting for big guys since the collected liquidity hasn't been realised yet.
I expect an impulse. It can be either up or down, but all preconditions say that down is more likely.
⭐️ BTC bearish
⭐️ Global market is bearish
⭐️ 3rd touch
⭐️ Accumulation for 5 days
⭐️ Bulls trapped
⭐️ Liquidity was collected recently
⭐️ Under VWAP
⭐️ 50 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
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 to zero ( read description carefully )👋Hi guys please read this text before buy this shit coin.
⚠️First I warning to you 2023 maybe be last year for crypto and btc because a lot of scam projects create day by day for scam people , scammers use crypto for unknown transfers and etc ... government decision ban crypto some people say they are creating a legal framework for crypto, and all professionals know that legalizing crypto is practically impossible and is just talk ...
⚠️But about Tron⚠️
Tron first was a supper stupid copy of eth blockchain that Justin sun even Among the codes, he forgot to delete the eth code comments He later manipulated the code a bit.
But how did Tron become famous?
Tron start with ponzi projects on Tron blockchain And poor countries were attracted to these projects they bought Tron and gift to scammers
Federal police suspected that Justin Sun was behind all these projects, and in those years they attacked Tron's address to inspect it
Anyway, whether Justin Sun was behind them or not, these projects decreased, but I still believe that Justin Sun was behind all those projects.
Thus, Tron became somewhat famous in poor countries!
👉But what is Justin Sun this big scammer method for keeping this stupid coin high?
He tries to prevent the BTC from falling just at the time when it is falling.
His previous news when the BTC crashed was to release tokens, encouraging users to stack their Trones to receive those tokens, and locked the Trones for a long time after the Trones were released. And users were selling fast, and prices were falling sharply.
After this method became obsolete, he announced that Tron had joined defi just when it was in the bull market, and this time he was able to raise Tron to close to 0.18, but users started selling again quickly.
In his latest move, he announced the release of usdd, which did not surprise me at all. He always copies other coins because he has no idea, his only idea is fraud.
But this time it may be Luna's fate. She does not know that nothing should be copied, and this time the life of this great scammer may end.
⚠️Tron to zero⚠️
Tron and 76% profit !Tron technical analysis in weekly and long time frames:
As you can see in the chart:
The price has been able to return well since the 9 months of 3 years 2020, which had reached the price floor of 0.0069.
At first, it was able to grow by 2423% in 399 days and reached the price ceiling of $ 0.179, and then, by reforming the market, it reached the bottom of its 791-day long-term uptrend channel in 392 days.
If this long-term uptrend channel with a good slope of 21 degrees is maintained, we can hope that its good uptrend will continue.
It would be reasonable to buy a ladder in the current position and a part at the price of 0.065.
You can buy the next steps by breaking up the red trend line.
Good luck and profitable.
Do not forget to manage capital and observe risk to Reward.
TRON - Bullish no more👎TRX has been 'in a game' for over a week now and had power to move against the market. However, there may have come time to end it.
I expect this triangle to break down due to following reasons:
⭐️ BTC bearish
⭐️ Coin was moving against the market for over a week
⭐️ Stablecoins are getting weaker, everyone is panicking
⭐️ 4th touch
⭐️ No pullback after last touch
⭐️ Volume at top
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
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 soaks Selling Pressure as TRX holds above $0.07Past Performance of TRX
As per the candlestick arrangement in the daily chart, sellers are dominant. TRX is at break even versus the USDT in the last trading week. However, bulls are resilient, soaking the deluge of selling pressure of early this week. Presently, buyers stand a chance if they keep prices above $0.07 with more headroom if there is a snapback to trend above last week's highs of around $0.09.
#Tron Technical Analysis
Tron hasn't been spared the sell-off of the first half of the week. Although prices are relatively stable and TRX is under significant liquidation pressure in the immediate term, the Doji bar of May 11 is a ray of hope. The immediate support is $0.07, flashing with May 1 and April 21 highs. A close below this mark could portend doom, a sell-off that may take TRX to $0.05, confirming sellers of May 9. Conversely, a lift-off above $0.09, unwinding losses of May 9, and breaking above the consolidation of late last week, could draw more buyers, pushing TRX towards $0.12.
What to Expect from #TRX?
Sellers are still in control despite rejecting lower lows on May 11. Nonetheless, the May 9 wide-ranging bear candlestick is trend-defining. A close below $0.07 is enough confirmation of sellers angling April 2022 lows.
Resistance level to watch out for: $0.09
Support level to watch out for: $0.07
Disclaimer: Opinions expressed are not investment advice. Do your research.
TRXUSD - Approaching A BreakoutTRXUSD on the left can be seen to be sitting on top of the 200MA in a very bullish formation (daily timeframe)
Supporting this bullish theory is the MACD which is in its preferred state before bullish takeoff
TRXUSD on the right can be seen to be sitting above the middle Gaussian Channel band on a Weekly timeframe
A great entry just above the line
Tron is one of the strongest gainers❗️💎Since April this year the crypto market has been undergoing an extended downside correction. On the contrary, the Tron has been trading up since April.
💎Thus, TRX is one of the few coins which has been rising during the declining crypto market. The most important was the break above the 0.0719 resistance, followed by the bounce off the uptrend trendline.
💎Currently, the 0.719 supply zone, has become the support and the demand area. This is a very attractive buying point for long-term investors. However, we must consider, that TRX/USD remains within the triangle, which might result in further consolidation. Nonetheless, probability favors yet another strong upside swing, after which the long-term uptrend should continue.
💎If and when TRX ...
🎢TRX: what heppened after HUGE pump? Should I open a LONG?Hi friends! Tron has been the gainer of recent weeks. As you can see on the volume indicator that someone was selling off a lot at this time.
Let's mark the global zones:
🔶 0.076-0.079 local price support
🔶 0.090-0.093 local price zone
🔶 0.097-0.105 global zone of value
These zones can be identified with the horizontal volumes indicator. You can read how to use them in this educational idea.
The liquidity collection above the local high of $0.09 and the value zone helped the big player sell more coins to traders who bought on the breakout of the local level.
✅Was it worth buying there? The trendline, local highs, and value zone as one resistance. Probably not the best time to buy.
✅When can we open a trade? I will wait for the big liquidations that can be seen on the volume indicator and the squeeze under the trend line.
🏁Also, you have to wait for Bitcoin to gain the strength. When should I expect to open a long? I recorded a video for you with a possible scenario for Bitcoin. Check it out to be prepared and buy the alts in time!
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.
tempted to short TRXSo I'm tempted to short TRX as it looks toppy at daily and 4h timeframe as you can see from these screenshots:
daily:
4h:
indicators make me think it's going down RIGHT AWAY but the pattern forming at 15min it's bullish so we could see another pump unsustained by the volume before the real dump. I had decided not to trade during weekly closing candle so for now I'll wait patiently. If price goes in my "safe short" zone I'll short, if it stays here I don't think I will.
I repeat, I think it's going down but as today I didn't want to trade I either play it safe or I don't play at all.
Use my TA as you wish.
Good luck
TRON (TRX) - May 9hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(TRXUSDT 1W Chart)
Resistance: 0.11228-0.12526
Support: 0.04736-0.06034
(1D chart)
(buy)
- After confirming the support at 0.08631
(Stop Loss)
- When the resistance falls below 0.08223
(Sell)
- When receiving resistance near 0.10176
- When receiving resistance in the range 0.11228-0.12526
If the price holds above 0.08223, it is expected to surge.
This is the same as saying that a fall below 0.08223 is likely to lead to further declines.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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.)
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