TRON
TRX is going to be volatileTRX should go to the resistance zone. on its way, there's a redline. if price breaks this line, it can go up to the next target. although there's no clear analysis of what happens in this gap.
The red support shown in chart is really powerful and will not be easily broken.
Don't forget to follow and comment
TRX/USDT Preparing for a pump - Possible 50%TRON is currently at the major support. so far pumped 95% since the end of July. Looking bullish at the moment.
Target 1 - $0.11146
Target 2 - $0.11893
Target 3 - $0.12536
Target 4 - $0.13823
This is not financial advice please DYOR and place stop loss below $0.08188 or $0.07066
TRX/USDT : Expecting a Bullish Movement.Hi every one
TRON/USDT
TRX/USDT has managed to Break the Descending channel which It was stuck in. Now the price has a Great chance to do a Good Bullish movement. It can reach the Resistance shown In the Picture (around 0.9) there is a Good chance that the price does a pullback to the channel before continuing the Bullish Movement.
Summery:
-TRX has broken the Descending channel
-The greatest Resistance for TRX is around 0.08$
-There should be a pullback before the bullish movement happens
Previous Analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Tron TRXUSD - Elliott wave + Massive channel!- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
- If you want to see more of these ideas, hit "Like" & "Follow"!
TRXUSD (TRON) Target Price 0.1120TRXUSD (TRON) closed above 0.0909 and retested 0.0909. Entry at close of pin bar.
TRXUSDT (Tron) - Coin of the Week TRON is a blockchain-based operating system with the goal of making blockchain technology appropriate for everyday usage. Unlike Bitcoin, which can handle up to six transactions per second and Ethereum, which can handle up to 25, TRON says that its network can manage 2,000 transactions per second. This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.
TRON has broken its objectives into six stages. Delivering simple distributed file sharing, incentivizing content production through monetary incentives, letting content producers to create their own personal tokens, and decentralizing the gaming industry are just a few examples. TRON is also one of the most popular blockchains for building decentralized apps.
Technically, when we look at the 4h chart we see an up move that started at the end of July and now it reached the resistance zone at 0,091-0,094 USDT per TRX. The higher probability move for this pair is a retracement to the blue trendline marked on the chart and then a continuation to the upside. The price could break the resistance area and retrace after. Potential targets for retracements are the blue trendline and the minor support area.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
TRXUSDT Breakout InboundTRXUSDT is squeezing upward and is in the current supply zone . Once broken there is little resistance stopping this until 22% above the current price!
I have marked out the two levels best for buy entry following this play.
I will be personally placing my entry around the safest buying signal with strong price action and high volume .
Trade safe and comment what you think !
TRXUSD Target Price 0.0916TRXUSD Tron Entry Price 0.0842. Trade Set Up is entry at Pin Bar Close Price.
Tron Coin...22%-26% Push IncomingThere are 2 scenarios that we can run into with TRX/USDT...
1st scenario: TRX/USDT has broken out to the upside of the local trend line and is retesting the trendline. Once/If the price pushes past the current supply showing strong volume this could be the start to a bullish movement with a 22-26% gain towards the overall supply!
2nd scenario: If TRX/USDT breaks below this trendline once again this will be the start to a move towards one of these demand zones. Look for high volume to find the bottom of this possible pullback as well as strong price action.
Let me know what you think!
TRX100 trades crypto series
Starting date: 9/August/2021
Day 4
Starting capital: $500
Capital at present: $583
Trade nr. 15
(all trading ideas in the series with commentary and outcome can be found on my profile)
As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT.
Also I was luck enough to catch the BTC market cap dominance rising in a short term which was also a good indicator that alts will bleed.
BEARISH VIEW:
-Possible H&S formation - HH and then LH trend reversal
-On a HTF, price is in excess, above fair value.
(Fair value - pink zone).
Took profit at fair value's upper line (acts as support).