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
TRX
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.
TRON (TRX) - November 1Hello?
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(TRXUSDT 1W Chart)
The key is whether the price can hold above 0.06236 and break above the downtrend line.
(1D chart)
Important indicators are concentrated in the 0.05989-0.06532 interval.
Therefore, there is a high probability that a trend will form outside of this interval.
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** 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 through split trading. It is a short-term investment perspective.)
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🔥Tron PRINT another $1B USDT. +285%🚀 is a technical target!📊 Hi friends! Tron print another 1 billion most likely for the big player (whale or investment fund) that let him opportunity to buy crypto. 🔥 This happened on October 24, just before Bitcoin's PUMP to $20800.
🚩 Why the TETHER (USDT) supply is a strong BULLISH signal and how you can use it to make money? I describe it in this educational idea.
If you take a look on the TRON chart you will see that this very technical altcoin. The breakout on the previous triangle(or pennant) lead the price to the new ATH. When I look at this triangle on the daily timeframe I think that the scenario with the triangle breakout can be repeated.
📊 The most important preconditions to open a long:
✅ false breakout of the key level at $0.05+sl collection of the biggest part of long traders. Whales bought a lot of TRX on that DUMP
✅ the large volumes on every dumps of TRX. Someone accumulate big position
🔥 squeeze to the local trendline or to the upper boundary of the triangle. It's up to your trading strategy. I share my personal advises only with my subscribers
🔥 bullish BTC
🚩 Short traders will become the fuel for this growth! The higher the price will grow, the more shorters will be liquidated.
📊 My main targets for the TRON:
1. $0.92 - key level
2. $0.129 - key level
3. $0.18 - key level
4. $0.25 - the technical target, according to the triangle breakout pattern
🔥 Possibly, TRX can make 24x but it depends on many factors. First of all is the bullish BTC and the beginning of the bull market.
🚩 Traders, remeber that you need to book your profit and then spend it. Trading is for making money and not about sitting in front of the screen 24/7.
💻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) - October 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXUSDT 1W Chart)
The key is whether you can climb to the 0.08034-0.08933 section.
To do this, it is necessary to confirm that it is supported and can rise in the 0.05358-0.06236 section.
(1D chart)
The key is whether it can find support in the 0.05989-0.06236 section and move higher than 0.06532.
Otherwise, it is expected to decline to 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.
** SR_R_C indicators are displayed 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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The upside potentiality of Trx is mind blowing 🤯 If there were any time to buy Trx, then it would be the most opportunistic moment right now. The risk to reward ratio is somewhere in the range of 20,000% from where we currently are in the price.
I really don't see Trx going any lower. Buy and hold all, we're in for an interesting roller-coaster ascent 🎢
Trx still trading in the Zone!It's amazing how accurate these signals are pushing upwards along the trend line based on previous signals. Still a danger Trx can fall downward, but it would be a temporary setback that I believe would recover in quick time if we see that scenario.
So therefore I'm still bullish for Tron! We have so much upside potentiality that it's long overdue.
I'm surprised not many people talking about Tron when it has such a large Asian and worldwide market! This is already Eth 2.0.
TRON (TRX) - October 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXUSDT 1W Chart)
The key is whether you can climb to the 0.08034-0.08933 section.
To do that, we need to see if we can support and move up around 0.06236.
(1D chart)
The key is whether it can support and rise in the 0.05989-0.06532 section.
Otherwise, it is expected to decline to around 0.05358.
If it does, you need to check if it can move above the downtrend line (1).
If the price is maintained above the downtrend line (1), I would expect it to move above 0.07679.
------------------------------------------------------------ -------------------------------------------
** 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 displayed 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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💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06325).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.06500
TP2= @ 0.06650
TP3= @ 0.06835
TP4= @ 0.07143
TP5= @ 0.07348
SL= Break below S2
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💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06325).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.06500
TP2= @ 0.06650
TP3= @ 0.06835
TP4= @ 0.07143
TP5= @ 0.07348
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TRXUSDT Emphatic break above 1D MA50 but heavy Resistances ahead*** ***
For this particular analysis on Tron we are using the TRXUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where TRX broke today aggressively above its 1D MA50 (blue trend-line) which has been the medium-term Resistance since August 19 2022 and is headed towards the 1D MA200 (orange trend-line). This is currently exactly on the Lower Highs trend-line that started on the November 15 2021 High and is on the long-term the strongest Resistance at hand.
With the 1D RSI approaching the 70.000 overbought barrier, we should be expecting profit taking, at least on the 1D MA200/ Nov Lower Highs Resistance cluster. A rejection there can pull Tron back to at least the (grey) short-term Support Zone and if broken, aggressively towards the ultimate Support Zone of the Bear Cycle (0.04615 - 0.05100).
In order for us to call a buy extension on TRXUSDT , we want to see a candle closing above the 0.07250 Symmetrical Resistance, which as you see has previously rejected an uptrend 5 times since January 17 2022. A break above it, can target the upper Fibonacci levels towards the 0.0930 Resistance that was previously a Double Top (May 09 and June 01 2022).
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TRXUSD Bull BiasThe chart pattern formed before the bars pattern is acting both as a symmetrical triangle and a bullflag
This can lead to a massive jump in price very quickly
The bear market hasn't even made a dent in the prices formation of this structure
I expect this from TRON aswell, being a large and relatively popular blockchain
Things like this can happen
Weekly chart
JST Zigzag Ending Now, Target $1-20 (Neowave/Elliottwave)JST looks like it has formed into a perfect Neowave Zigzag. Wave-b is a perfect irregular flat, wave-c is shorter in price and more complex than wave-a, and equal to exactly 50% of a+b in time. The Large Wave-B is related to 161.8% of wave-A in time. In the shorter term wave-5 of c is related to 50% of 3+4. All time targets are being hit here at the same time this week and momentum on virtually all time frames is bullish so I think we'll see something pretty big happening very soon.
Just going back to ATH would be a 1000% gain for JST, but if this is the beginning of a larger bull run as most other charts suggest then we could see prices at a minimum over $1 and probably as high as $20 over the next year.
Trading opportunity for TRXUSDT - TronBased on technical factors there is a Short position in :
📊 TRXUSDT - TRON
🔴 Short Now 0.06217
🧯 Stop loss 0.06343
🏹 Target 1 0.06110
🏹 Target 2 0.06000
🏹 Target 3 0.05840
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
TRON - Closing in on Completing a Massive Bullish Pennant Keep your eyes on Tron. TRONUSDT is closing in on the end of a massive pennant on its daily chart as is its TRXBTC trading pair. The daily MACD is bullish, breaking above the zero line. I think the only thing that ruins this party is if the DXY continues its upward trend and pushes BTC and the crypto market lower. My eyes will be on the DXY for a breakdown or TRXBTC for a bullish breakout. I think this is a good, low-risk entry spot to go long as we bounce off support. If the DXY spikes and we stop out, we can wait for cheaper TRX. But if we continue upward, we'll have an excellent long into a potentially huge upside breakout.
🚀🔥Tron (TRX) test the STRONGEST value area. New long signalHi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales.
📊 The preconditions to open a long are next:
🔥 pullback to the $0.59-0.62 value area and test it as the support(!)
🔥 the volume growth which confirms the pressence of buyer. Take a look on the volume indicator. The same volume bar growth I expect now.
🔥 DOM and Footprint scalping tools show the HUGE limit orders wall to BUY. Usefull tools for scalpers and swing traders.
🔥 the bullish BTC force all the altcoins to move in the same directions
📊 The targets:
1. $0.065 - the key level
2. $0.067-0.07 - the closest value area
3. $0.08-0.82 0 the value area and mid-term target
💻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) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(TRXUSDT 1W Chart)
The key is whether the price can sustain above 0.06236 to break out of the mid- to long-term downtrend line.
(1D chart)
The key is whether it can move above the downtrend line (1).
To do this, it is necessary to check whether it can be supported by rising above the 0.06236-0.06427 section.
If not, it is likely to re-enter the medium- to long-term bearish channel and see a downtrend.
------------------------------------------------------------ -------------------------------------------
** 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.
** SR_R_C indicators are displayed 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.)
---------------------------------
BTC - Daily🟡 BTCusdt
⏰ Daily
📅 Oct / 03 / 2022
⚪ I have shown Close resistance and support with orange and green box.
🔴 Resistances :
19800 $
20385 $
20706 $
21888 $
22488 $
22799 $
🟢 Supports are in the chart
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📛 Follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell) ⚠️
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👸 Analyzed by : Parisa_Alipoor
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