Tronbreakout
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.
Resistance becomes Support!We've waited such a long time for this moment with Tron. Seems to be the narrative with a lot of altcoins right now. Huge falling wedges that are now starting to breakout.. eg. Xrp.. Vechain etc! Utility tokens! Although Trx seems to be a bit further ahead in the charts, so I expect Tron to start moving first! Get ready!
Tron to start breaking upwards exactly February 6th it appears!Analysis of the the majority of charts in crypto at the moment, the sentiments have come down lower than expected in the market. Most crypto are undervalued. Not only that but it appears we have hit rock bottom of the trendline upwards. This is showing on multiples of cryptocurrencies so expect Tron to begin it's ascent February 6th until finally breaking out up mid February.
It's coming!! 📈
Trx still trading in the Zone!It's amazing how accurate these signals are pushing upwards along the trend line based on previous signals. Still a danger Trx can fall downward, but it would be a temporary setback that I believe would recover in quick time if we see that scenario.
So therefore I'm still bullish for Tron! We have so much upside potentiality that it's long overdue.
I'm surprised not many people talking about Tron when it has such a large Asian and worldwide market! This is already Eth 2.0.
TRX Going to Down??Yesterday the news of TRX gained so much attention about the USDD that it shoot for more than 17%. Right now it is in the cooling phase , but Tron is know for doing something opposite in the market so I have a neutral view, but if the price breaks in either direction I will open a trade.
Please Like, Share and Comment.
TRON Weekly View 3/6/22TRXUSD Can be seen to have moved above the 50MA in a bullish fashion on this Weekly timeframe
Prior this support for the bulls was found at the 100MA
A breakout to upside may follow
TRON: GEARING UP FOR HIGHER RALLY.Welcome members to this update on TRX/USDT.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
TRX broke out and currently retesting. It is holding good support here and if the market goes bullish then 10% to 15% rally from the current price level.
The entry-level will be between $0.06 to $0.061.
Stop Loss: $0.058
Targets:
$0.0632
$0.0647
$0.0662
$0.0672
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
Let me know what you think about this idea. Do like and share.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
Tron TRX Ready to MOON LONG NOW !!??? TRON TRXTaking a look at price action you can see that the most recent pullback was a retest of key support and resistance and on top of that we formed hidden bullish divergence on the daily time frame !!
A short term break and rest of our most recent high which lines up with an area of support is holding strong
In my view holding this level could allow us to run up to the next level of resistance
If we execeed that level expect TRX to ATH 30 cents !!!!!
TRON Price Range Targets for Early 2022An idea for TRON
Top channel band suggests $16 which is a massive increase from the current 0.05
Middle channel band suggests $2 which is also a huge increase
Both of these scenarios make sense, the top band was where price hit in 2017
Time will tell if it repeats
I have used a sort of 'quasi' channel to identify these ranges
Also some funky trend lines included to support this channel idea !
#TRX on it's way too .07?The RSI indicates we have been building bullish momentum & still continuing to rise. We may hit our .07 target around 4 am est but we very well could see a fall back too .057 so let's see how this plays out.
Looking at BTC we may be in for a very bullish day, but we all know it depends on which direction it (Bitcoin) goes for the market to follow suit.
*NFA
Tron(TRXUSD) LONG $0.2Tron price holding in this channel from March, the correction wave is getting completed and going on a next impulse wave after it breaks out of this channel
1) Looks like the bulls are going to take over
2) place your positions accordingly after it comes out of the channel
Happy trading, feedback is always appreciated
THE GAME OF TRON Hello Tron holders,
Finally the moment expected from all you came, yes TRX is moving up steady in a bullish channel.
The relative strength index need to catch up with the volume but hey this is THE GAME OF TRON not whatever.
I will try to update entry.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.