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TRON

TRX Breaking Up From Super Tight Range (Elliott Wave)TRX is potentially breaking out here. Momentum looks good, we've broken all the downtrend lines. Wave theory suggests that wave-c has finished based on time and price and structure. Harmonic cypher also suggesting a potential bottom. All signs pointing to a MASSIVE up. On-chain statistics are also showing a possible supply shock happening soon. TRX (and most cryptos) will probably go to all time highs from here, and quickly. TRX is likely to be declared legal tender in Grenada within the next few weeks according to Justin Sun, which could give it a huge boost and propel it into the top 10 by market cap.
Long
by Intuit
4
TRON Daily TA : 04.29.22 : #TRXIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it . 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 📅 04.29.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
Tron Price Analysis — April 29Despite the broader weakness in the crypto market on Friday, TRX has traded against the grain as it tapped a new weekly high above the $0.0700 top. However, it appears that bulls lack the composure to sustain this rally as the cryptocurrency falls back to the $0.0650 support. With the recent surge and rejection, TRX has lighted up a descending trendline, which is acting on the price to retest the $0.0600 low. Regardless, I anticipate a bullish rebound to the $0.0700 top over the coming days and a possible break towards the $0.07500 top. In the meantime, a bearish continuation below $0.0620 is highly unlikely. Meanwhile, my resistance levels are $0.0680, $0.0700, and $0.0720, and my support levels are $0.0650, $0.0620, and $0.0600. Total Market Capitalization: $1.78 trillion Tron Market Capitalization: $6.7 billion Tron Dominance: 0.37% Market Rank: #22
BINANCE:TRXUSDLong
by Mr_Wogbe_Alex
TRON (TRX) - April 28hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSDT 1W Chart) Primary resistance: around 0.08631 Secondary resistance: 0.11228-0.12526 Support: 0.04736-0.06034 (1D chart) (buy) - After confirming the support at 0.06427 (Stop Loss) - When the resistance falls below 0.06034 (Sell) - When resistance is received in the range of 0.07070-0.07322 - When resistance near 0.08631 The section 0.07070-0.07322 is the section where the downtrend line passes, so there is a high probability of a whipsaw. Therefore, an appropriate response is required. If it rises above the 0.08233-0.08631 section, it is expected to surge. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
1
Is TRX a good investment ahead of the USDD's debut?On Thursday, the price of TRX skyrocketed when Justin Sun announced plans for a new stablecoin. TRX hit a high of $0.074, the highest since April 4th. However, following Jerome Powell’s hawkish remarks, these gains were short-lived. Bullish Scenario: TRX may retrace back to $0.06 support levels. If TRX manages to break over the resistance level at $0.074 after retracements, it will be mildly bullish. With sufficient buying activity, breaking above the $0.08 price barrier will lead to a rise towards $0.10 and higher. Bearish Scenario: TRX has been in a decline for several months, thus we don’t have a strong bullish bias for the medium term. If the support level of $0.06 does not hold, the price will sooner or later fall below $0.05, $0.03, and much lower.
BINANCE:TRXUSDLong
by AltcoinBuzzTrading
TRXUSDT 1D When the Tron price correction ends ?Today we will consider a pair of TRXUSDT on the global chart. From March 2020 to April 2021 there was a strong and confident growth, which can be marked by the first wave of growth. From April 2021 to the present, the second wave of correction continues, which in our opinion may have 3 options for completion, which will be discussed below: 1. The correction at the final stage and yesterday's aggressive buyout of buyers shows that they are set to start a wave of growth, even despite the correction in the price of BTCUSDT In this case, $0.06 per TRX is a critical level below which the price can not fall. 2. This option is to fix the price of TRXUSD below $0.06 and start the final wave down. The upper limit of the liquidity zone can be attracted the fall to level $0.035 3. This is the most pessimistic option and a strong fall on the crypto market. In this case, it will be possible to focus on the lower limit of the liquidity zone - the level of $0.024 for Tron We are trading probabilities and do not know which option will work exactly. However, the painted and painted action plan is already half the work, now the main thing is to orientate in time and make the right trade decision in the future. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
24
I'm going to try something risky todayI'm placing a limit long order around 0.06400 - 0.06300 hoping for at least 10x profit on a 75x leverage. Justification: - There is an hourly downtrend. - There are 3 untested levels that caused a strong uptrend - On a larger timeframe we are still in an uptrend (Since 12 APR) The last ladder level of the uptrend was hit but still holding at the moment (white dotted line). We need that level to break and wait for the price to touch the next level.
Long
by frixou89
TRX races high, aiming for $0.074 next as bulls show momentumThe TRON price analysis indicates a strong bullish trend, as a sharp increase in price has been detected today. The most recent update shows that the cryptocurrency is going in favor of the buyers as they have taken over the market. The past few hours have observed a continuous aggressive bullish price movement, due to which the price has reached the $0.073 level and is on course to go above the current resistance at $0.074. TRX/USD 1-day price chart: Bulls mark 16 percent gains as price surges to $0.073 The 1-day price chart for Tron price analysis is going in a bullish direction for the day, as the price has jumped higher than expected. There has been a massive rise in the coin value, and the price levels are going high every hour, which has resulted in the price reaching $0.073 of value. The coin has gained a handsome 16.4 percent value overnight. The moving average (MA) has also taken a sharp upwards turn and will soon cross over SMA 50 curve, which is a further bullish indication.
BINANCE:TRXUSDLong
by henryartem
TRX / BTC Main trend. Linear graph. Trend reversal zonesI specially made a line chart in order to more clearly show the long-term trend itself without the "market noise" that a candlestick chart gives. The idea is to understand where the price is now locally and where the trend is, as well as to visualize the potential for price growth in case of a breakout of the main trend line (red). As you can see, the price is now trapped in accumulation with a 44% step. The secondary trend line is already broken and behind. As soon as the price overcomes the zone of the main trend line, there will be a "burst of price growth". While there is an opportunity, accumulate this cryptocurrency. Also, you should pay attention to the effectiveness of the use of this blockchain now, the speed and cheapness of transactions.
by SpartaBTC
13
TRX ends bullish run after 7 percent riseTron price analysis shows bearish signs once again as price gave away upper momentum to fall prey to bears. TRX endured a 2 percent decrement over the past 24 hours, after rising more than 7 percent over the past 2 days to form promising signs. Price has faced multiple rejections around the $0.06 mark during the current month and looked to be heading past that resistance zone during yesterday’s upswing. However, similar to the decline within the larger cryptocurrency market, TRX ceded momentum as bearish momentum took over today. TRX trading volume rose around 2 percent while market capitalization fell 2 percent as well, to confirm a bearish outlook.
BINANCE:TRXUSDLong
by henryartem