TRX
Tron TRX Price Targets for DecemberLitecoin LTC is bearish ahead of the release of new economic data on December 13, the Consumer Price Index:
TRX/USDT short
Entry Range: $0.053 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
🔥🚩IS TRON GOING TO MAKE A TRAP OF THE LONG TRADERS❓🔥Hi friends! Tron now is in the rising wedge and as we know it's the bearish pattern. I think the local pullback is possible but only to trap the short traders.
📊 The preconditions to open a long at the pullback (white area):
🔥 the strong support of local lows and value area where a lot of sl and buy orders are placed
🔥 trap of traders who open a long trade at local highs. I identify the big players using the DOM and FOOTPRINT sclaping tools that show this orders. These tools can increase your win rate by 25-35%
🔥 volume growth confirm us the local bottom as it was previously
🔥 bullish BTC
🚩 The fuel fot the growth can become the short traders, who will open a short trades on the breakdowns.
📊 THE 3 MAIN TARGETS FOR TRX:
1. $0.056 - the key level
2. $0.058-0.059 - the value area
3. $0.061-0.063 - the value area ans strong resistance for the price
Trders, will TRON become the top gainer of 2023 or it have no chance and will fall lower and lower? It is ineresting to know your opinion!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$ATM 2,7 m supply? very good priceBear markets sometimes make people rich.
because it causes assets with low supply to be free.
Come to the ATM door before the big hit.
TRON Starts The Reversal (44% - 81% Targets Mapped)TRON (TRXUSDT) peaked in May and went on a strong downtrend since.
Actually, it peaked much earlier, in May is this years peak which lead to this day.
We have a new low set very recently, 14-Nov., with seller exhausted shown by the lower volume.
After this low we are seeing slow and steady growth.
Once we see slow and steady growth building up, then we tend to have a strong and sudden jump.
We have two weeks now of green for TRXUSDT, with a strong RSI we can see the next price jump happen anytime this or next week.
As usual here, patience is key.
The targets are marked yellow on the chart.
Namaste.
TRXUSDTBased on technical analysis on 90m time frame, Isee sell zone opportunities.
Observe money management and stop loss
TRX (Trox) - Longterm Price Entry & PredictionGood short now in my opinion to lower lows, use each resistance as a take profit.
Potential good investment, if you believe in the project.
✅🔥CEO TRX and HUOBI going to buy FTX! TRX to the moon❓🔥 Hi friends! Justin Sun is an owner of Tron Network (TRX) and Huobi exchange. The latest data shows that almost 80% of Huobi reserves were withdrawn from the exchange due to FTX collapse. This is a largest outflow among the largest crypto exchanges. Additionally, Justin Sun wants to buy parts of FTX to be the leader at the US market, so it’s a good news.
✅ I think that TRON is continue to grow because its largest network for USDT holdings. TRC-20 is the most cheapest network for deposits.
Friends, take a look on chart. There we can see the flags which mark the DUMP-PUMP pattern on TRX. This altcoin fall so hard, but also grow so high and this pattern has almost 100% win rate. Now the price make a huge DUMP and we need just to find the best entry point.
📊 The main precondition to open a trade is at squeeze to the trendline. These squeezes happen just before the breakout, so it’s nice place to open a trade with short stop loss and HUGE RR.
🚩 The bullish BTC is a must have during such squeezes. The alt coins price need new fresh money and they are coming only when BTC grow.
TRX has a strong resistance at $0.060-0.065, but first of all it should break the key level at $0.0563. These will be the 2 local targets for TRX.
I will make the huge update with the global targets when the price make HH and HL at the 1d-1W timeframes at least. Now we need only the local targets until new bullish BTC start.
Friends, what do you think about TRX? Does it have a potential to return to its ATH? Write your thoughts in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
TRON (TRX) - November 24Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
The range of 0.0000 0259 to 0.0000 0311 is the boundary between rising and falling.
Therefore, if the price stays above 0.0000 0311, it is likely to release upward force.
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(TRXUSDT 1W chart)
The key question is whether it can move above 0.06236 to break out of the long-term downtrend channel.
(1D chart)
The 0.03538-0.04437 interval determines the trend.
Therefore, if it falls, it must rise with support in the 0.03538-0.04437 range.
To turn into an uptrend, the price needs to hold at least 0.05358 higher.
At the same time, as a whole, the price should make a move to break out of the downtrend channel.
Accordingly, the key is whether the price is maintained by rising more than 0.05358 due to the volatility around December 1st.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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TRX/USDT Ascending TriangleTRX/Usdt Binance 4h Chart pattern create Ascending Triangle Pattern
What is an ascending triangle pattern?
Image result for ascending triangle pattern
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle.
It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside.
Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming.
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.
TRX starts to drop (short-term analysis)
TRX has been struggling to hold the current support around $0.05. However, in LTH the sign of selling pressure can be seen now.
In 1H TF, prices already broke the ascending channel. Retest may happen but the down side will continue, probably.
A referenced Short set-up is as in chart with TPs (in blue) and SL (in red).
On 2D TF, one can see better the down trend will resume very soon because MFI and OBV broken down their trendlines and were rejected (see the below screen-shot)
TRX : Price Just Tested A Very Strong Weekly Support ZoneTRX: Price Just Tested A Very Strong Weekly Support Zone
After the price moved down like all the cryptocurrencies now we can see a small
pause from the previous week.
The support area near 0.046500 is pushing the price up again.
I am looking for the price to rise further during the coming weeks considering
that 0.046500 didn't let the price decrease more.
Targets:
🎯 0.058441
🎯 0.065252
🎯 0.070451
Thank you and Good Luck!
TRON to save the dat for FTX?i suppose that will be enough toxic debt to nuke the price over 50%. whatever the catalyst still will see .03 for trx in the near future and most likely the lower levels before any signs of significant turnaound. ggs
TRX. An obvious descending triangle.Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by many traders who buy from the support level. The more traders do this, the more stops are formed. And as the market moves from one area of liquidity to another, the price is likely to break through the support level, and when these stops are hit, it will further increase the selling pressure.
TRX TRON to ATH by EOYBreakout from a long-term descending triangle will should allow Tron to run. targets denoted.
RSI broke out of descending trend.
Analysis based on the idea that the market bottomed as described below.
USDD & TRX COLLAPSE!Hi Traders,
USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages.
Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk.
There is more to this but thats for someone else to explain the technicals.
All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out...
SHORTING TRX from 0.058
0 incoming.
Goodluck,
AssetMastery
TRX on the edgeHi Traders,
TRX is looking ready to break the long term trend line and crash massively - likely to close the deep price gaps in a violent and sharp wick. Possibly to the 0.01-0.022 area.
Goodluck,
AssetMastery
TRX 50%+ dump loomingHi traders,
Looking for gems that haven't dumped alot yet to short as the markets tumble - TRX is a great one.
Tends to do its on thing time wise hence why its holding price longer than other, but when it breaks the line it will nose dive like in the past.
Goodluck,
Asset mastery
TRON (TRX) - November 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
The key is whether it can move above 0.0000 0318 to find support.
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(TRXUSDT 1W Chart)
As Tron pegs the stablecoin with TRX, it becomes important to be supported in the 0.05358-0.06236 range.
Therefore, it is necessary to check whether it is supported in the 0.05358-0.06236 section.
If it doesn't and it goes down, the key is to touch the 0.03538-0.04437 section and return quickly.
(1D chart)
We need to see if we can quickly rise above 0.05989.
If not, you should check to see if there is support around 0.05358.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Tron (TRX) formed a big bullish Shark | A Good long OpportunityHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ) with US Dollar pair.
Previously we cauth a nice pump of TRX:
Now on a 4-hr time frame, TRX has formed a bullish Gartley pattern. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Tron converging perfectly to this point! What's going to happen?There's not much room left for Tron (Trx) before we see a breakout. Let's get ready to rumble!!
12th December deadline! Expect breakout to occur before then!
US Rate Rise - How It Translates On The Top-10THE US had a rate hike which was as expected and yet we still see the charts go crazy, not just bitcoin but most of the top-10.
The one surprise was that inflation did not drop at the rate it was forecast to do. The drop was 0.1% and not 0.3% as expected.
So where to from here?
Well that depends on how we close this 24-hour range and if we can take the high of that candle out. We are not out of the pain zone just yet and I am waiting for a push to $22,000 for bitcoin to get that daily trend with some proper momentum. We haven't seen a daily trend on bitcoin that was more than a bear bounce since March 2021 so to see one now will give us cryptotraders plenty of options to work with so long as it's not in a single candle.
