Tronusdt
TRON TRXUSDTTRX, as you can see, has been in an uptrend channel, basically the uptrend channels are breaking from the floor. Which is clear here.
TRX can pullback on the break line marked on the chart and correct again.
That is why we have to wait. Because it may return to its uptrend channel. Then this exit from the channel is not considered a failure and there they will say we had a fake breakout.
So we are waiting to see what he does with the break line and pullback! If approved, Goals 1 and 2 could be our target destinations.
First the load signal, then the confirmation signal, then the trade.
Be profitable.
TRXUSDT TO TOUCH ITS SUPPORT AT $0.086.Hello Friends,
Lets get to the TRX/USDT Chart.This TRX chart prepared by me at 3Hrs here i can see TRON is touching its $0.086 support after China ban on Crypto Transactions.Then we could possibly expect some sideways move and then positively it could go up to break its next resistance at$0.091.Till then take a chill pill.
This is not any financial advice DYOR.
#stay_Happy
TRX 12h How much more to grow The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :)
Since then, the price of TRXUSD has managed to fall by -65%:
The TRXUSD price has been rising almost uncorrected for the past two months and has almost worked off all of its losses.
The TRXUSDT price has been trading in a 20% corridor of $0.10-0.12 for the last few days and most likely, buyers are preparing for another upward momentum.
To confirm their strength, buyers should at least keep the TRX price upper $0.10 for the next few days and at most hold above $0.12.
We assume that the growth retardation can start in the range of $0.13-0.144 , in this zone fully compensates for the May fall. Deceleration in this area may be provoked by the fact that traders, who had been in a drawdown for 5 months, will want to fix position at break-even and forget about this negative experience.
If the area of $0.130-0.144 will not have critically large trading volumes, it will be a signal that the sell-off time has not come yet , and the growth itself may continue at low volumes, as it has been doing for the last months.
Targets for a move higher are shown on the chart — $0.155 and $0.169
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$TRX made an aggressive pump#TRX made an aggressive pump. Now, #TRX is at a resistance area of $0.103 - $0.104.
One factor that affected this is Justin Sun created hype with the announcements.
Not a buy call now, it's already pumped wait for a retracement and buy the dip as #TRX will great pick for a bull run✅.
Alternatively, if the price directly breaks above then you can buy back at pullback.
TRON analysis in 2H time frame* TRON is in a tight consolidation between it's resistance around $0.09060 and the below trend-line.
* The below trend-line is working as support for the price.
* If the price breaks the above resistance we can expect a rally till $0.0960.
* TRON is bearish below the lower trend-line (support).
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
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 !
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!
Possible TRXUSDT Targets - 30 USD by the end of this waveIn one version for TRX charting, one would assume that TRX topped in its wave 1 in April 2021 at about 0.166, when bitcoin realized its ATH .
following the market correction, TRX retraced to 0.381 FIB and held that support level quite well.
If things continue well, the long term targets for TRX are shown in this chart, hitting the 1.618 FIB at the end of wave 3, retracing to Fib 1 (might go deeper as wave 2 was not that strong) , before realizing a new ATH .
PS: this chart ain't a financial advice