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TRX

TRX Perfect Bat Harmonic, Complex Correction, Double BottomTRX has created several simultaneous buy signals here. First we have the perfect bat harmonic, then we have wisemen on multiple timeframes, in a grey zone on the 4hr, perfect double bottom breaking all lows expect the final low, short-term momentum divergences, and a solid diametric count with at least 5 of 7 waves being time similar. All of these signs are pointing to a bottom forming right now, meaning the lows should not be violated and TRX will go to all time highs from here. If we do make new lows it is probably a good idea to stop and reverse, and look for a new potential bottom. For now, all signs are pointing up, especially the longer-term count which has us beginning a supercycle this quarter.
CRYPTO:TRXUSDLong
by Intuit
TRXUSDT %150 DAILY VOLUME SPIKE | BE CAREFUL NO BUYERS YET1. Volume Spike Context A 150% volume increase is significant, but without buyers stepping in, this can mean: Absorption: Large orders are filling on the sell side, suppressing upward movement. Liquidity Sweep: Price is testing a key zone to trigger liquidity (e.g., stop-losses or limit orders). 2. Blue Box Zones When price approaches your predefined blue boxes: Observe how price reacts in those zones on lower timeframes (e.g., 1-minute or 5-minute): Is price consolidating (building a base)? Are there sharp rejections (wicks, tight ranges)? Is price forming higher lows (signs of buyers stepping in)? 3. Upward Breakout Triggers To evaluate upward breakouts: Focus on price structure: A clear break above recent highs on lower timeframes. Watch for a clean candle close above the range to confirm buyers have control. Ensure the breakout is not a fakeout: Price should not immediately drop back into the range after breaking above. Look for a retest of the breakout level that holds as support. 4.Volume Behavior at Blue Boxes Even without indicators, you can observe volume visually: If large volume candles appear near the blue boxes and price holds → buyers may be absorbing supply. If price starts moving up with minimal retracement → potential for continuation.
Long
by XU99
$0.268: Tron TRX Last Stand?Tron is currently trading below the resistance at $0.297, the area characterised by slow and choppy price action. 1. A bounce from the nearby support level at $0.268 could suggest renewed buying interest, setting the stage for a potential move toward $0.297 (Dashed Green Projection). 2. A break and close above this level would indicate bullish strength, opening the path toward the next resistance at $0.339, followed by $0.377, providing room for a broader recovery (Solid Green Projection). 3. Conversely, if TRX fails to hold $0.268, it would indicate increasing bearish momentum, likely triggering a decline toward the key support zone at $0.226 (Red Projection).
by Trade-Lean
Tron Futures Signal / 3x-5x LeverageBINANCE:TRXUSDT CRYPTO:TRXUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 1x-2x Leverage SL2 ---> Mid-risk status: 3x-4x Leverage (If there is just one SL on the chart, I suggest, low risk status) Considering the price trend in its previous channel, by repeating the stabilization of the price at the bottom of the second parallel channel, it can be expected that the price will continue to move up to the top of the new channel. The price breaking above the specified level can increase the certainty of the realization of the price target. The price falling below the red level cancels the bullish scenario of Binance Coin. Potential price targets for the levels will be $950 and $1,447. 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.2919 0.2968 0.3020 🔴SL: 0.2767 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
3 Altcoins Pumping Again Soon!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark! Here's an interesting one about altcoins in a deep correction phase after an aggressive pump: BINANCE:NEOUSDT After a 200% surge, NEO is currently in a correction phase and rejecting the $15 demand zone. As long as the $15 support holds, a expect a bullish continuation towards the $21 supply and then $25.5 previous major high. BINANCE:TRXUSD After a 180% surge, TRX is currently in a correction phase and rejecting the $0.25 mark. As long as the $0.25 holds, a expect a bullish continuation towards the $0.33 supply and then $0.43 previous major high. BINANCE:QTUMUSDT After a 180% surge, QTUM is currently in a correction phase and rejecting the $3.5 demand zone. As long as the $3.5 holds, a expect a bullish continuation towards the $4.8 supply and then $5.7 previous major high. Which altcoins would you like me to cover next? All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:TRXUSDLong
by TheSignalyst
9
TRX bull run is near to end?After seven years, TRX has reached a significant milestone and might peak at $0.72. This level marks what appears to be the final phase of its impulsive wave structure, signaling a potential conclusion to its long-term bullish cycle. Note of Wave 1 and wave 4 of micro degree - Lenient Interpretation : Overlapping wicks may be permissible if they represent a temporary price action anomaly (e.g., a flash spike), and the body of Wave 4 does not enter Wave 1's price territory.
CRYPTO:TRXUSD
by chase_ID
is BNB the next TRXTron has been a major overperformer with catching a niche in the growing stablecoin market. While BNB has been losing market share both in its chain and with its exchange.. BNB does still look strong. It does still share an ongoing fractal with TRX. It does look like relative to its weaker performance itll grow. I suspect TRX will pull BNB into a breakout of highs. Whether itll lead to gains as great as TRX Im not sure. Im not sure if BNB is the best risk reward but I do think BNB could follow TRX soon with not much relative to market risk.
Long
by SoftQuant
17
Tron (TRX) Climbs to New Highs - What's Behind the Recent Rally?Exploring the Surge: Tron (TRX) Climbs to New Highs - What's Behind the Recent Rally? Tron (TRX) Soars to New Heights: A Deep Dive into the Recent Rally Tron (TRX), a decentralized platform that aims to build a worldwide free content entertainment system with the blockchain and distributed storage technology, has recently experienced a significant surge in price. This rally has caught the attention of seasoned investors and cryptocurrency market newcomers. The 100% Rally and Beyond In a remarkable display of bullish momentum, Tron's price surged over 100% within a 24-hour period, propelling it to a new all-time high (ATH). This extraordinary growth ignited a wave of excitement and optimism among crypto enthusiasts. The question on everyone's lips: Could Tron be poised to reach the $0.5 mark? Technical Analysis: A Bullish Outlook To gain a deeper understanding of Tron's recent price action, let's delve into a technical analysis of its one-hour chart. • Reclaiming the 20 MA: One of the key indicators of renewed buyer interest is the ability of a cryptocurrency to reclaim its 20-day Moving Average (MA). When Tron successfully recaptured this crucial support level, it signaled a potential shift in market sentiment from bearish to bullish. • Bullish Momentum: The upward trajectory of Tron's price, coupled with increasing trading volume, suggests strong underlying bullish momentum. This momentum can often drive prices higher, especially when supported by positive market sentiment and fundamental factors. • Potential Resistance Levels: While Tron's recent rally has been impressive, it may encounter resistance at certain price levels. Identifying these potential resistance zones can help investors gauge the extent of the upcoming price movement. Fundamental Factors Driving Tron's Rally In addition to technical indicators, several fundamental factors have contributed to Tron's recent surge: • Growing Ecosystem: Tron's ecosystem has been expanding rapidly, attracting a diverse range of projects and applications. This increased adoption and utility have positively impacted the demand for TRX tokens. • Strategic Partnerships: Tron has forged strategic partnerships with various organizations, including BitTorrent, a popular file-sharing platform. These collaborations have strengthened Tron's position in the blockchain industry and boosted its visibility. • Positive Market Sentiment: The overall bullish sentiment in the cryptocurrency market has also played a role in Tron's price appreciation. As investors become more optimistic about the future of digital assets, they are allocating more capital to promising projects like Tron. The Road Ahead for Tron While Tron's recent performance has been undeniably impressive, it's important to approach any investment with caution and conduct thorough research. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. As investors look ahead, they should monitor key factors such as: • Market Sentiment: The overall sentiment in the cryptocurrency market can significantly impact Tron's price. • Regulatory Developments: Changes in regulations can have a profound effect on the cryptocurrency industry, including Tron. • Technological Advancements: Continued innovation and advancements in blockchain technology can drive Tron's growth and adoption. In conclusion, Tron's recent 100% rally and reclamation of the 20 MA on the one-hour chart have ignited a wave of optimism among investors. However, it's crucial to approach this bullish momentum with a balanced perspective and consider the potential rewards and risks of investing in cryptocurrencies. Investors can make informed decisions about their Tron investments by staying informed and conducting thorough research.
BINANCE:TRXUSDLong
by bryandowningqln
Signal processing by TROYAgainst the background of maintaining purchases in the first half of the month, in addition to vib, I want to pay attention to troy, which showed much more confident dynamics. At the last pulse, a clear signal was left for a breakdown of the 0.0075 level, which gives a signal for a hike up to 0.0125-150 in the future. At the moment, the re-trading on the daily chart has been completed with the successful cancellation of further sales. There is a high probability of an attempt to gain a foothold above 0.0075 before the middle of the month, which would allow sales to be repaid until the end of the year, regardless of market dynamics. With a negative market and a 75-85k btc reversal, you can count on at least a 0.0075 retest on troy, which will already give 50%+ profit. The main support at the moment is the 0.0025-35 range from both borders of which you can make toppings in addition to the main position.
Long
by Strateg_
1
TradeCityPro | TRX : An Intense and Unexpected Pump👋 Welcome to TradeCity Pro! In today’s analysis, I’ll review TRX, which recently experienced a sharp and unexpected pump. Many traders in various communities seem to have succumbed to FOMO following yesterday’s surge. This analysis will focus on managing profits and navigating a coin that has already pumped significantly. 📅 Weekly Timeframe: Sharp Rally In the weekly timeframe, there’s a well-established, long-term trendline that has repeatedly supported the price. I’ve often emphasized that if you’re holding TRX, it’s worth holding as long as the price stays above this trendline. 📊 The trading volume has consistently increased during the price’s rise from $0.0493 to $0.1446. After hitting this resistance, the market consolidated between $0.1084 and $0.1446 for a while. 🚀 Once the critical resistance at $0.1446 was broken, TRX achieved a new all-time high. After surpassing $0.1675, the price saw a massive pump. The RSI climbed past 80.97 and now stands at an extraordinary 91.72, indicating extremely overbought conditions. At such high RSI levels, I typically wait for a correction before making any moves. ✅ Profit-Taking Strategy For those who have been holding TRX, consider taking some profits now. With the RSI at such elevated levels and the price nearing the 1.272 Fibonacci level, the likelihood of a correction is significant. I personally take profits at this stage and recommend you do the same. However, do not sell all your holdings, as there’s always the potential for further upward movement. 📈 If the rally continues, the next target would be the 1.618 Fibonacci level, often considered a critical resistance. Nevertheless, taking profits now is wise, especially since many holders are likely over 100% in profit, providing an excellent opportunity to withdraw your initial investment. 🛒 Advice for New Investors If you don’t already hold TRX, do not buy at this stage. This is not an optimal entry point. Current long-term holders are likely to be taking profits, so it wouldn’t be prudent to buy while they are exiting. Patience is key; wait for a correction or a better setup before considering an entry. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
2
Tron TRX price get ready to...Do you want a stable growth of your crypto deposit? Then pay attention to CRYPTOCAP:TRX Despite the ambiguous reputation of Justin Sun, he has been on the crypto market for a very long time and the OKX:TRXUSDT chart shows that he loves his creation and supports its reputational price. Therefore, we will not be surprised if the price of #TRON is one of the first of the old coins to update ATH in the near future, at least to $0.183, and ideally by $0.26. By the way, our previous idea OKX:TRXUSDT gave us +40% 👇 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
1
TRX | TRON Goes BananasTRON Goes Full Banana Mode : Breaking Records and Throwing Peels at XRP! TRX is up 500% since our first signal , so it’s officially time to party! order some lambos buy some bananas and let’s celebrate like crypto maniacs🎉🚀🍌 Currently priced at $0.38, it’s up a whopping +70% in just 24 hours. That’s the kind of growth that makes even Bitcoin blush. Speaking of records, TRON hit an all time high of $0.43 today, December 4, 2024, but it’s cooled off a bit, sitting just 10% shy of that milestone. With a circulating supply of 86.29 billion TRX tokens (maxed out at the same number, like an all-you-can-eat buffet that’s finally closed), TRON isn’t playing around. Its 24 hour trading volume? A casual $5.50 billion, mostly on Binance, which is practically TRX’s second home. TRON now claims 0.90% of the entire crypto market, flexing a $33.60 billion market cap! After altcoins like DOGE, XRP, HBAR, and XLM strutted their stuff, TRX stormed onto the scene and stole the show. Yesterday, it rocketed from $0.23, smashed through its 2018 ATH like a Kool-Aid man, and set its sights on $0.43. This price explosion wasn’t just luck or hype. TRON’s ecosystem has been buzzing with activity. It’s dominating Tether transactions, launching flashy projects like Sun.Pump (sounds like a cryptocurrency gym), and riding on the relentless promotional energy of founder Justin Sun. He’s been spending cash like a kid in a candy store, including a hefty investment in Donald Trump’s crypto project and yeah the 6.2 million dollar BANANA was the main factor! Speaking of Sun, he stirred the pot on Twitter by cryptically declaring, “TRX = XRP.” Bold move, Justin. For context, XRP skyrocketed after Trump’s election win and SEC Chair Gary Gensler’s dramatic exit. At one point, it gained over 420% in a month. XRP also hit a multi-year high this week near $3 and climbed to become the third-largest cryptocurrency by market cap. TRX’s comparatively “modest” monthly surge of 135% isn’t as flashy, but hey, breaking an all-time high is still a flex. TRON’s market cap is about 5x smaller than XRP’s for now, but in crypto, anything can happen. With this much drama, who needs Netflix? Always take profits, enjoy your trades, and celebrate your wins
by moonypto
Tron breakout has been climbing my dotted measured move lineEver since it broke up from the cup and handle pattern that I posted a chart about a week or 2 ago price action has been climbing the measured move line like a staircase this whole time so far. Always a remarkable thing to witness imo. You cant really get a good view of how it has been climbing this line on the previous chart idea I posted on it because its all the way zoomed out to show just how high the end target of this dotted line goes, and I think it. May have also been on the weekly timeframe where as this chart here is showing the daily and is more zoomed in to properly illustrate how price will often climb the measured move line after validating a breakout. So far this is a text book example of such behavior. Hopefully it continues to do so. I will post a link to the previous Tron idea with the more zoomed out look at the chart below as well. *not financial advice*
BINANCE:TRXUSD
by DrDovetail
2
Phemex Analysis #40: TRX Boom 103% in One Day!The biggest news today is that TRON (TRX) surged 103% over yesterday. This breaks its record for the highest daily gain, shatters its market cap record by reaching a new high of $36 billion, and propels it into the top 10 biggest coins by market cap. News & Fundamental Analysis While the exact cause of this surge is unknown, many speculate that Justin Sun's post comparing TRX to XRP may have ignited FOMO (fear of missing out) in investors who missed the XRP rally, leading them to rush into TRX. This post quickly caught the attention of many investors, prompting them to take a deeper look into TRX. Here's what they found: 1. TRX is now the most widely used blockchain network for USDT transactions. 2. TRX's daily transaction volume surpasses 8.96 million, which is 2.6 times larger than XRP's daily transaction volume of 3.39 million. 3. TRX's daily transaction volume has surpassed $50 billion, exceeding VISA's daily volume of $42 billion. All of this data further fuels the bullish sentiment on TRX, ultimately leading to the historic 103% surge in a single day! Possible Scenarios Beyond fundamental analysis, let's explore potential scenarios for TRX through key support and resistance level analysis. 1. Rising Higher: The price has dropped 18% from its new all-time high (ATH) of $0.45028 and is currently trading at $0.38656. This is a healthy pullback, allowing the price to consolidate before potentially rising further. If the price breaks through $0.43 with high volume, it may continue climbing and establish a new ATH. 2. Continued Retracement: On the other hand, the price could continue to retrace down to $0.305, $0.27, or even $0.23. This could present a good buying opportunity for investors seeking TRX at a discount. However, it's advisable for investors to employ a Dollar-Cost Averaging (DCA) strategy and set stop-loss orders to manage risk in case of a further price decline. 3. Consolidation: It's also possible that the price might consolidate for an extended period between $0.4328 and $0.3678. In this case, it's best to be patient and wait for a clearer direction before making any trades. Range trading is not recommended for TRX at this time due to its high volatility, which translates to a lower risk-reward ratio for range traders. Conclusion TRX's recent surge has captured the attention of the crypto community. While the future is uncertain, understanding potential scenarios and implementing effective trading strategies can help you navigate this volatile market. Whether you're a long-term investor or a short-term trader, staying informed and adapting to market changes is crucial. Remember, always conduct thorough research before making any investment decisions. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex