TRX is pumping. Time to buy? Here is whyTRX is going higher on the weekly chart. We have a reliable uptrend without any issues, and the trend should continue in the next few weeks. On the chart, you can see a descending triangle that broke bullishly. What does it mean? Usually, when a descending triangle breaks bullishly, we want to buy it with a profit target at the top of the triangle, which is at 0.18 USDT. This is where you want to take a profit before a huge bearish correction. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Trading is not hard if you have a good coach!
TRON has positioned itself as an environment where content creators can connect with their audiences directly. By eliminating centralized platforms — whether they are streaming services, app stores or music sites — it is hoped that creators won’t end up losing as much commission to middlemen. In turn, this could also make content less expensive for consumers. Given how the entertainment sector is increasingly becoming digitized, TRON could have a headstart in applying blockchain technology to this industry.
The company also says that it has a talented and experienced developer team, based around the world, that has been drawn from major companies such as Ripple Labs.
Last but not least, whereas some other blockchain projects can be opaque about their plans for development, TRON offers a point of difference by delivering a roadmap that shows its intentions for the coming years. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
TRON
TRXUSD (TRON) READY TO MELT DOWN!! SELL NOWAs I explain before on my previous analysis on Bonk, i see liquidity going to BITCOIN, hence all altcoin will bleed to downside
Market structure also is in confluence with our technical breakdown of the POC level, Price was drowned into the the point of control level and got rejected we could see price drop from there just like other pairs
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TRX's Next Bull Run Will Melt FacesTRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next.
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and has gone fully decisive with the introduction of the offshore Chinese Yuan (CNH) support and going as far as touting its strength vs $USD.
I put my TP for the next bull run. The price puts TRX at a MC of $128B or 10x its MC from the previous ATH. 10x is in my opinion a conservative figure in crypto.
If there will be a blow off top then TP2 is it IMO.
Not Financial Advice
TRX/USDT assessing key support? 👀🚀TRON analysis💎 Attention, Paradisers! Keep a close eye on #TRXUSDT. It’s currently showing a promising upward trend from a critical support zone at $0.10921.
💎 Historically, #TRON has adhered to a descending channel pattern, consistently forming lower lows and lower highs. Right now, it’s positioned at a crucial support level of $0.10921. If the price maintains its momentum here, we could be on the verge of a significant bullish surge.
💎 As prudent traders, we need to be prepared for various scenarios. While a bullish rebound from a lower support level at $0.10017 remains a possibility, dipping below this level could trigger a marked bearish downturn.
💎 Stay adaptable with your strategies and make well-informed decisions, Ladies and Gentlemen of ParadiseClub. Your ParadiseTeam is diligently monitoring the market to navigate these opportunities effectively.
MyCryptoParadise
iFeel the success🌴
TRX Tron Technical Analysis and Trade Idea PLUS My Trading Plan In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
🚩TRX can Go Down By Bearish Pennant Pattern🚩🏃♂️ TRX is moving in the 🔴 Heavy Resistance zone($0.150-$0.122) 🔴 and Ascending Channel .
📈Also, TRX has managed to form two Classic Patterns ; the first pattern is the Rising Wedge Pattern , and the second pattern is the Bearish Pennant Pattern .
🔔Currently, TRX has managed to break the bottom line of the Rising Wedge Pattern, and I expect TRX to continue its decline , at least to the lower line of the ascending channel .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
TRON Analyze ( TRXUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Touching the HA-Low indicator means...Hello traders!
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(TRXUSDT 1M chart)
It appears that a new HA-High indicator is about to be created.
Accordingly, we need to check whether the HA-High indicator is generated at the 0.10447 point.
If the HA-High indicator is created at the 0.10447 point, the key is whether it can be supported and rise around that area.
(1W chart)
The key is whether the price can be maintained by receiving support in the current section and rising above 0.13052.
If not, and it falls below 0.786 (0.11732), it is likely to fall to around 0.618 (0.10288).
If it falls like that, there is a high possibility that it will turn into a downward trend, so you need to think about ways to respond to the decline.
(1D chart)
The HA-Low indicator was first touched on August 20, 2023, and then again on March 21, 2024.
Accordingly, the key is whether it can be supported and rise around 0.12002, which is the point where the HA-Low indicator is currently formed.
The HA-Low indicator is an indicator that indicates the boundary of the low point section.
Accordingly, support from the HA-Low indicator can be said to mean that a bottom section is forming.
If it falls below the HA-Low indicator, it means that the low point is renewed, and a cascading decline is likely to continue.
Therefore, a trading strategy should be created depending on whether support or resistance is found around 0.12002, which is the currently formed HA-Low indicator point.
Since the MS-Signal indicator is formed around 0.12296, the key is whether it can rise above 0.12296.
If that happens, there is a high possibility that it will rise near the HA-High indicator, so there is a possibility that it will rise to around 0.13997, which is the point where the HA-High indicator is currently formed.
However, as the price rises, there is a possibility that a new HA-High indicator will be created, so if a new HA-High indicator is created, support must be received near it to continue the upward trend.
TRX is one of the coins that is expanding the coin ecosystem.
I think it will be a good textbook for expanding the coin ecosystem I selected and understanding the trend as the first coin to touch the HA-Low indicator.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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TRXUSDT: Fast Trend Holding On and Targeting 17 CentsTRX recently Bearishly reversed after testing the upper bound of a Bearish Butterfly, now TRX has pulled back to the faster trend line. If the Faster Trend on TRX Continues to hold out, as it has several times already, I think Tron could attempt to make a higher high which could lead to it reaching the ultimate 3.618 Fibonacci Target off the back of Hidden Bullish Divergence.
Cryptolean Tron TRX UpdateTron is trading in the wide daily range zone between $0.112 and $0.126.
A bullish move from the current price location reclaiming$0.126 will result in a slow upward move to $0.138.
As long as TRX in the daily chart is trading below $0.126, the bears are in control and will try to push price to the key daily support zone of $0.106-$0.112.
A bearsih break-out of this support zone will make TRX very bearish.
TRX ANALYSIS (1D)TRX seems to be completing a large bullish triangle, which has now ended wave D and we have entered wave E of this large triangle.
The green range is a good place to rebuy.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🔥 TRX Massive Bullish Triangle SignalTRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up. A less risky trade would be to wait for the top resistance to break.
Potential Bull Market Continuation (Elliott Wave)After reassessing the wave structure on TRX with Glenn Neely, particularly the structure which began at the high in 2021 up until now, it seems to indicate that we are in a complex correction which began with a triangle and is now ending with a diametric.
If this is correct, TRX should be beginning the next phase of the bull market now. This would mean that we see a move up to at a minimum over $1, and on the higher end could go over $10. This should happen over the next year.
To confirm this assessment, we should see a very strong move up this quarter, ideally about as strong as the red box that is drawn on the chart. Regardless of if we get a huge bull market here or not, it does seem like we should see some modest upside at the least. It's always much easier to see a top or bottom forming in real-time than it is to try to accurately predict the exact price any asset will be at some point in the future, and right now it seems like we have formed a bottom.
With inflation beginning to tick up again, this could be the rising sea that lifts all boats. Combine that with a steady and increasing burn rate on TRX and we could see some very high prices for TRX in the future.
Cryptolean Tron TRX UpdateTron is having a bearish pullback and trading in the daily range zone where we will continue to see a slow and choppy price action.
A bullish reversal from the current price location reclaiming $0.132 will result in a slow upward move to $0.138.
A confirmation of a break-out of $0.132 will push TRX price towards $0.126.
Intraday Chart
The TRXUSDT 4-Hour chart is bearish and re-testing $0.132, an intraday resistance.
A bearish rejection of $0.132 will result in a bearish dip of Tron price towards the key intraday support zone of $0.128-$0.13which, in turn, could lead to a strong bullish rejection of this support zone.
A bullish break-out of $0.132 will push price higher to $0.134.
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TRX Achieves Third Target with a 74% Surge! 🚀🚀
Exciting news for TRX enthusiasts! The TRX cryptocurrency has successfully hit its third target, experiencing a remarkable 74% surge. The current price stands at an impressive $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for substantial gains. Stay tuned for further market insights and potential opportunities in this dynamic digital currency landscape. #TRX #CryptoSuccess
I Cannot Short This !!! situation+next targets.TRXUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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Why +208% on TRX is an underestimation ?#TRX/USDT Analysis
Description
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+ TRX has been moving upwards slowly while forming the cup pattern.
+ This slow move of the TRX has given it enough time for the accumulation
+ Once the price breaks this resistance line i'm expecting back to back God Candles.
+ This is a good opportunity to enter a LONG position with TRX.
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VectorAlgo Trade Details
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Entry Price: 0.13866
Stop Loss: Below 0.09780
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Target 1: 0.17930
Target 2: 0.22480
Target 3: 0.30028
Target 4: 0.43250
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Timeframe: 1W
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo