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TRX nearly breaking longterm trendline supportexpect to see -35% drop
TRX
TRX / USDT - shortI look at the simple chart
This is what I see in the chart
I think more shedding is on the way
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TRXUSDT 1D🔥TRON will continue to fall?
Against the background of BTC, the asset will continue to fall and will rest against a stronger support of about $ 0.05. Then I think there will be a reversal towards the trend.
Coins like TRON can be considered for the medium term, I think the market should resurrect in about 2-3 months.
It is possible to consider futures within a day with a small percentage.
✅Do not forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
The lovely trxLast month, Trx was able to record a very strong monthly candlestick, which was a sign of buyers at this price. It was also able to break an important dynamic resistance that was affected by ath and pullback to it. Conditions are very good and When we are relieved that a very serious resistance will be broken at the price of 0.0944. There are two possible scenarios that I have identified in the chart
Tron is dying? New Luna?😱😱😱Tron dropped 18% and looks like it only accelerates.
It may be connected to problems with it's stablecoin - USDD. At the picture you can see that reserves cover only 90% of supply.
How death spiral may look like?
As people start to sell USDD, USDD will have to sell TRX to keep itself stable, TRX drops in price, reserves become even smaller and so on.
I advise you to be careful with TRX for now and keep your savings in other stablecoins if possible. A lot of people believed LUNA wouldn't fail because it's such a big project but it still happened.
TRX Going to Down??Yesterday the news of TRX gained so much attention about the USDD that it shoot for more than 17%. Right now it is in the cooling phase , but Tron is know for doing something opposite in the market so I have a neutral view, but if the price breaks in either direction I will open a trade.
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TRON TRX short Entry Range, Take Profits and Stop LossTRX/USDT short
Entry Range: $0.075 - 0.081
Price Target 1: $0.072
Price Target 2: $0.064
Price Target 3: $0.057
Stop Loss: $0.091
Tron looking bullish Tron /trx has been consolidating for over a year and a break of 0.093 could usher in a major impulse towards the 0.30 area
TRX gonna be 0.065 $ again ?hello
I wish you have a wonderful day.
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TRX was one of the best cryptos in 2022 in my opinion.
it managed to recover itself from 0.06 $ to almost 0.09 $.
I think the price will test the up trendline 1 more time because if you look at the TRX/BTC chart it reached the resistance and got rejected for now.
if it manages to break the resistance on the BTC pair, it's possible to break up in the USDT pair as well.
in that case first resistance level would be 0.12$
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not financial advice!
please, share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.
TRX Tron falling wedgePrice action has been bound to a rising channel since march. Currently a falling wedge has printed and break out will get price to test the channel midline. If TRX remains bullish it will test the the channel resistance. Breakout of the channel will send price to 0.1295.
CCI about to breakout of its downtrend.
TRX in Uprend. Buy IF price holds at 0.08Thank you for considering my analysis and perspective. I hope you find it helpful.
TRON Weekly View 3/6/22TRXUSD Can be seen to have moved above the 50MA in a bullish fashion on this Weekly timeframe
Prior this support for the bulls was found at the 100MA
A breakout to upside may follow
$TRX > $BTC (MEGA BULL)Free bitcoins. Tell your friends. Not financial advice. #TheCryptocracy @dropaganda
TRX Tron short Entry Range, Take Profits and Stop LossTRX/USDT short
Entry Range: $0.081 - 0.085
Price Target 1: $0.077
Price Target 2: $0.071
Price Target 3: $0.064
Stop Loss: $0.090
Tron like a fractalIf we refer to the fractal short-term analysis, then if the price consolidates above both fibonacci lines, then most likely it will repeat the fractal of the last year
2022-2023 LONG TRX $1 incomingNobody talks about TRX but this is a gem without a doubt, I can see this do massive numbers, I can see this run all the way to $0.71 cents to $1.00. Also detected a butterfly on the monthly so this could be the beginning.
TRXUSDT Testing the top of the 1 year Triangle. What's next?*** ***
For this particular analysis on TRON we are using the TRXUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where Tron has been trading within a Triangle pattern since its April 17 2021 market Top. Since then we've had two Higher Lows and another Lower High. At the moment the price is the closest it has been to a new Lower High. If broken it will be a major bullish break-out for the coin and should target the 0.1300 Resistance of the November 15 2021 Lower High.
There is another interesting pattern involved as well. The 1D RSI sequence resembles the Lower Highs/ Higher Lows pattern of the previous mid - late 2021 rally of July - November. If the price breaks the RSI Lower Highs the move this time may be outside the blue box as the current price action is far more aggressive than that of October - November 2021. That may very well deliver the 0.13000 Resistance test. If however it gets rejected on the Lower Highs, we expect a pull-back to the 1D MA50 (blue trend-line) and then a test of the top of the blue box.
Notice that a 1D Golden Cross has just been formed (1D MA50 crossing above the 1D MA200) and that the 1W MA50 (red trend-line) has been acting as a Support in the past week.
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TRX Stophunts | Short TermLooks like a little mischief is on the way, At the specified location we can see the fall.
Shorting TRX (Risky Trade)We have a Risky trade for you all, up to 10x leverage , which can turn out to be a great call for those of you that have a higher risk tolerance. The trading set up that we have for you is:
Short TRX x10
HIGH RISK
Entry: 0.0900
SL: 0.0925
TP1: 0.0877
TP2: 0.0865
TP3: 0.0856
Tron vs Tether Long-Term (115% Potential to All-Time High)TRON has been printing higher lows vs Tether (TRONUSDT) since March 2020; we have a bullish chart setup.
TRXUSDT price remains trading above EMA100/50/10.
We have the highest volume ever this month of May.
We have a strong RSI as well and a total potential of 115% to its all time high.
The main support levels go as follow:
1) 0.075200 short-term.
2) 0.064825 main support for the current move.
3) 0.046376 long-term support.
You can stay 100% bullish above 0.075200.
Below this level things can change but the bullish bias remains strong above 'main support'.
That is all.
I hope you find this information useful and it helps you maximize profits.
I am wishing you tons of success, great health and lots of wealth.
Namaste.
