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TRON (TRX) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1M Chart) In the long term, keeping the price above 0.05358 is key to sustain the uptrend. (1W chart) Resistance: 0.08034-0.08933 Support: 0.05358-0.06236 In order to show an upward trend from a mid- to long-term perspective, the price needs to be maintained above the HA-High indicator. To do this, you need to shake it up and down to make the HA-High indicator fall or rise above the HA-High indicator. (1D chart) Primary resistance: 0.07311 Secondary resistance: 0.08034-0.08933 1st support: 0.06703 2nd support: 0.05358-0.06236 Whether it can move higher than 0.07311 is the key. Since they are holding an uptrend on the 1M chart, i.e. long term, the key is whether they can turn into an uptrend in the short and medium term. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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.) ---------------------------------
by readCrypto
TRXUSDT |Coin Review| Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 📌 Let's analyze the tron ​​coin today 📌At the moment, the asset is at the stage of consolidation, after a strong strait, the price was quickly bought back and is now held in the range of $0.6990 📌It is also worth noting that a large fund called SEED Venture Capital has recently invested in the project, and this fund also invests in projects such as NEO, ZIL, CND, XRP 📌I think if large funds continue to invest in such projects, then it makes sense to buy these coins in your investment portfolio. What do you think about this, will there be a breakthrough to the zone of local resistance in the near future?
Long
by CryptoW1neer
TRON (TRX) - July 26Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) If it finds support at the 0.06034-0.06427 range, I expect it to lead to further upside. If it falls in the range of 0.04562-0.04736, Stop Loss is required to preserve profit and loss. This should be done in order to secure cash for new opportunities. (1D chart) Primary resistance: 0.07451-0.07679 Secondary resistance: 0.08631 1st support: 0.06034-0.06427 2nd support: 0.04562-0.04736 When the Stoch RSI moves out of the oversold zone, you need to check where support and resistance are found. On the CCI-C indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line. Referencing the Stoch RSI indicator for short-term trading allows you to objectively see the flow. However, since the extent of fluctuation is unknown, it gives you time to react to short-term fluctuations. Currently, the Stoch RSI indicator is located in the oversold zone, so you can think ahead that it will rise if it breaks out of the oversold zone. As mentioned above, the range of fluctuations is unknown, so you need to check where you are currently receiving support and resistance and respond accordingly. Proceeding with a trade thinking that it will rise or fall at this point in your own subjective opinion will make it impossible to establish a standard to respond to. Therefore, it is recommended to prepare objective standards by using indicators that have been widely used in the past. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
Fractal. TRX/USD BTC/USDTimeframe 3 days. Logarithm graph. Fractal. On the trading pair TRX /USD, an identical fractal was formed after the dump as in March-April 2020 on the BTC/USD trading pair during the birth of a super uptrend + 723% from the resistance breakout zone of this local formation. Fractals are a similarity, and the development potential of this similarity is nothing more. The small is the repetition of the big, the big is the small. It is quite possible that at the expense of USDD, but more carefully, not since scam projects like the fallen moon, the throne will be pumped up by their USDD stablecoin. The red throne has other privileges, perhaps a slightly modified scheme will come true. As well as red Tron for “new, former reds.” The impossible can become possible. July 27 The Fed interest rate decision coincided interestingly with a daily fractal and a breakout. It is quite possible that this day will be crucial for the stock market and cryptocurrency. Be extremely careful in trading on this day.
COINBASE:BTCUSD
by SpartaBTC
10
🔥 TRX: possible false breakout abd riseTRX price is creating the rising wedge. This is a bearish pattern but after the BTC fall for the 75% the continuation of the downtrend is less possible then consolidation or growth. The price should return to rising wedge for continuation of it growth. It shown sign of bulls. Additionally, we see how TRX was growing after the fall. A lot of buyers were at the bottom what is shows us the strength of this alt. Even when BTC fall it continue it`s uptrend. Also, the growth is possible because of the short traders which are open their possition after the Luna crasg and wait for the crash of USDD (Tron`s stablecoin) but situation normalized. The volumes after the false brakout don`t show that a lot of traders were trapped. Even after break of the lower boundary volume doesn`t change so we have to wait for our trading setup. The target is value area of $0.78-0.86. Additional scenario is the retest of lower boundary of rising wedge as the resistance and continuation of fall. It`s possible if BTC continue it`s fall to 17-17,5k to make a relow and collect liquidity. In this case the target will be the area of $0.5-0.55. 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
1
TRON (TRX) - July 12Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1M Chart) The 0.04736-0.06034 interval is the interval that determines the trend. Therefore, if the price is maintained above this range, it is expected to rise. (1W chart) Primary resistance: 0.07679-0.08631 Secondary resistance: 0.10176-0.11228 1st support: 0.06034-0.06461 Second support: 0.04736 (1D chart) On July 9th, the RSI marked an overbought zone and is declining. It is necessary to check whether it can be supported in the first support section. In particular, you need to make sure it is supported at 0.06532. The volatility period is around July 20. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
by readCrypto
ICP Simple short setup failing to break resistanceSimple short setup on ICP. It has been in a long downtrend for a considerably amount of time as it is a poor fundamental crypto. Combined with market conditions, the recent increase in price action is unsual, leading me to believe it is weak and will fall easily on the next BTC down day. Setup presented as this looks to be reaching resistance, which was previous support. Entered short, will hold for a long time as this could be going way below 6 with prolonged bad market conditions.
Short
by cheliosTD
3