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Tronusd

Tron is another leader for todayTron is another leader for today as it adds about seven percent for the past 24 hours. The currency pair started from the support area at $0.063 yesterday and managed to cross the resistance area at $0.068 and the Ichimoku cloud. Tron price has almost reached the next resistance area at $0.074, but bulls were unable to drive TRON/USD there and retreated. Tron is currently testing the support area at $0.063 and the higher border of the Ichimoku cloud with is close to the current levels. The possible scenarios for the currency pair are the following: 1. TRON/USD will jump off this support area at $0.068 and go towards the next resistance area at $0.074. There everything will depend on the results of testing. 2. The currency pair will break through the support line here and start to decline towards the next support area at $0.063. However, bears will have to cross the Ichimoku cloud in order to reach their targets. 3. Tron will stay close to the current levels without significant changes and with low volatility. As for the daily chart, Tron fluctuates inside a horizontal channel, formed by two levels- $0.070 as resistance and $0.055 as a support area. Tron price is not far from the Ichimoku cloud and is likely to meet it in a couple of weeks or even earlier. Check the full crypto analysis HERE
BITFINEX:TRXUSD
by UToday
Tron would probably resume its uptrend againTechnical analysis: TRON/DOLLAR s in a range bound and resumption of uptrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44. Trading suggestion: The price is in a range bound but we forecast the uptrend would resume. There is a possibility of temporary retracement to suggested support zone (0.0562 to 0.0516). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0562) Ending of entry zone (0.0516) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0642 TP2= @ 0.0780 TP3= @ 0.1005 TP4= Free
BITFINEX:TRXUSDLong
by ForecastCity
6
Will Tron fall back into the trend channel?Tron (TRX) has left the neural trend channel to the top and rose to a new high at 0.102$ - a gain of 136% in only 13 days. the fib retracement 23.6% (78.6% of down fib retrace) stopped the rush and is actually the resistance-line. Perhaps Tron will do the correction as other coins do aswell? In this case it could fall back into the trend channel and lose the whole benefits of the past days. To stop the fall Tron would have to break the resistance at 0,08$ and the upper limit of the negative trend channel. Another support level is the swing trend line at 0,069$. I think it´ll fall at least on this support. The indicators are becoming negative. The sentiment of the market is negative. So, if I were invested I would take some profits now.
BINANCE:TRXUSDShort
by Luettis
TRX... under my imaginationIn my mind.. there was a bear appearing who shows hes shoulders&head... and There was a dream with animals and darks caves... Just what in my imagination appears to be ... two gartley's and one butterfly... which Gartley I appears to be the right one.. BUT..price is fighting against the top of the trend + ema21...and with the support zone have formed a pennant right in the downway.... for last, but not least, MACD is converging and has just crossover saying "more bears are comming".. maybe to reach Gartley II. ... Well, that was my imagination. All comments are welcome. Good Trade -CJ-
BITFINEX:TRXUSDShort
by CristoJaraba
4
TRON (TRX) on a Huge J-Curve - Unimaginable Profits Ahead GuysTron (TRX) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside. Potential that this coin has with it's firm development team we are in the first phase of uptrend. No waves, no fibonacci curves, all that doesn't work for crypto for the most part. We have new patterns developing for cryptocurrency which we have not seen before and will never see on a traditional stock market. We are just starting to disrupt 21 century and we are years away from it. If you're in cryptocurrency right now, you're in for quite a ride because with such low market capture we have room for growth like no other stock. This goes for the 5% of crypto coins out there which actually introduce some breakthrough tech, not for 95% of scam coins. Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Long
by CryptoManiac101
29
Tron Technical Analysis! Starting The Slow Ride DownTron coming up very strong as of late, hoping it will continue to move up! From what I am seeing, tron is looking to ride down to around 0.05 and have the opportunity to shoot up out of the wedge or fall below the trend line and lower once again. Just an update on what to be looking for ahead. Hoping Tron can shoot up above the resistance line at 0.056 following the drop down to 0.05. If Tron falls below the trend line we can expect a drop down to around 0.04 before recovering. Please leave a like and follow if you would like to see more! I will be posting updates in the future. Thanks!
BITFINEX:TRXUSDLong
by TreyA7
3
TRX/BTC (Binance)------100% ROI Daily TradeTRX/BTC on (Binance)----> 100% R.O.I. Potential Daily Chart. Short-Term Trade Idea. Long Play on TRX TRX/Tron has been hybernating since it last went to the Moon and it recently just broke out with volume confirmation. Test Net Launch is t-7days away and the anticipation + marketing by the founder is known to be a huge impact. Here's the play: Entry: Wait for a pull back on the daily-chart based on a FIB ratio (23.6%, 38.2%, 50%, 61.8%) or if none---> zoom into an intra-day chart (5m or 15m) and wait for one there. TRX can blast off any second so play close attention. Only enter if you see volume confirmation. Exit: First Target: 0.00010 range Second Target: 0.00012 range Hit the Like Button if you Dig. Good Luck! **This is not financial advice. This trade is for educational purposes only. Always trade responsibly & don't lose more than you can afford.***
Long
by shahstarter