TRON will go up but slowlyHi guys, TRON is fundamentally fragile lately, but don't believe the news.. it's powerful and will struggle but eventually win to go up..
unfortunately, as it goes higher, it gets less and less tradable.
be mindful about bitcoin not to fall, cuz trx is a bit sensitive to btc moves.
Tronusd
TRON - Running into trouble? 😿Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen.
I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight.
Why does it smell like Ripple?
Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy)
and now this news:
'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'.
In other words: I'm out for now, see you and buy you a bit later Tron 👋💁♂️
TRXUSDT (Waiting for the Resistance Breakout) #TRXUSDT Technical Analysis Update
Resistance Breakout
TRX/USDT currently trading at $0.0278
LONG ENTRY level: Above 0.02800 (only enter long if 4 h candle closes above 0.0280)
STOP LOSS: below 0.0263
Target 1: $0.0300
Target 2 :$0.0321
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Weekly Bullish Watchlist 2Potential continuation patterns:
Ethereum Classic,
ARPA Chain,
DASH,
TRON.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
TRXUSDT(Resistance line Breakout)#TRXUSDT Technical Analysis Update
Resistance line Breakout
TRX/USDT currently trading at $0.0295
LONG ENTRY Level: 0.02895 to 0.02950
STOP LOSS: below $0.02800
Resistance level 1 (Target 1) :$0.03100
Resistance level 2 (Target 2): $0.031200
Resistance Level 3(Target 3): $0.03430
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
TRXUSDT - Break out trend linePreconditions:
- Global trend up
- Local trend up
- Pressure key level
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
Expecting Sideway For TRON (TRX/BTC)Downtrend still continues for TRON.
Bollinger Band clearly confirms it.
For the next couple of days (maybe weeks),
I expect to see some sideway movement between 160-210 sats.
In any circumstances, 150 sats is its last support level.
Trade carefully in these days.
What do you think? Any comment? 👇👇👇
Is TRX warming up for a rally?Tron has been trading within a Channel Up since the March bottom and has just printed a Bullish Cross on the LMACD of the 1D chart. Every time that happens, a respectable rise follows.
I am interested particularly on the December 2019 LMACD Bullish Cross. As you see the price action that preceded the Bullish Cross has fair similarities with the price action since August 11. Towards the end of that (2019) fractal, TRXUSD was trading below the 1D MA50 following an MA20/50 Death Cross. Currently it has again formed that same Death Cross and is trading below the 1D MA50.
Will a break above its 1D MA50 kick-start an aggressive rally as it did in early 2020?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> AxelShadah
--------------------------------------------------------------------------------------------------------