TRON longTRON bounced off the ascending trendline. Asset bounced off the support level. Bullish movement to resistance level at 0.072 is expected to happen.
TRX
TRX is making falling wedge | LONGIt seems like TRXUSDT is making a falling wedge. Also the volume is decreasing. So in my opinion TRXUSDT has a bullish signal.
TRON TRX Swing Trade 4 HR Long Apparently my B ( From XABCD pattern) invalidates this as a Harmonic pattern . However there is still an 886 retracement . Looks like the low is in , So im going to wait until there is a type 2 return (confirmation low ) ,
and see if we can break B and go up . Long.
TRX 1h ShortSetup: On the 1h TF, TRX is on a downtrend and just break below the 200 EMA. It is also below the control point. Comparing with the higher TF, there is also low volume between the entry and our take profit level This means that there is more chance for our trade to run
Entry: 0.06986
SL: Trailing Sl of 3.1 ATR, currently at 0.072
TP: 0.06
Tron shortTron broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.064 is possible.
Decrease and increase the price of theron againTheron goes to the red line and then to the bottom of the canal, where it grows suddenly.
TRX usdt h1 , short ideaNice opportunity for short TRX usdt,
Entry,stop loss ,and target mentioned in chart,
Note, That is my opinion , please make sure do own analysis before entry ,
TRX/USDT BUYING SET UPTRX Breakout from bearish trend or major descending channel, Any pattern EVE ADAM and valid breakout, and Now TRX on retest resistance become support after break from EVE ADAM pattern
RSI on Daily or lower timeframe showing overbought , Maybe need sideways in few days before continue make new higher high
Entry : 0,0725 , 0.071 , 0.0695
Target : 0.08 , 0.086 , 0.092 , 0.101 , 0.109
Stoploss : $0.065
Risk : 10%
TRON at a crucial stage /DAILY ANALYShello guys,
as we see in the chart,
Tron is at a crucial stage,
the break up of the curve, mean that we go to 0.093
If the break up fails, the price will be returned to 0.056
tnx
WIN for 2022. Retest and moonWIN/USDT now in a doble bottom in a weekly frame, as its brother BTT, now testing broked two years ATH area, a great oportunity for big gains this year.
TRX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
TRON - Update ✅Let's see how TRX is behaving.
This is a 1D chart. (Mid Term)
TRX is now the first trend on Twitter.
It looks like it has safely passed the support/resistance level on the chart and, after confirmation, will turn it into a local support level. This can start a new uptrend for TRON.
Support levels: 0.06342
Resistance Area: 0.08169
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing BUY volumes for TRX.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that TRX is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.07171
Let me know your ideas.
Good luck.
Easiest 23% ever on TRX with this double bottomIt's Adam and Eve here with bullish RSI and huge purchases in clusters. Cumulative delta is positive on all time frames. Get some coins on correction or open position after resistance breakdown.
TRX adam & eve pattern#TRX/USDT
$TRX shaped adam and eve pattern and try to break out from resistance of this pattern.
🐮 close above this resistance can head up price as high as the height of eve.
TRX long term with Adam and Eve !!
Hello Traders.
We find that the currency has formed a positive pattern, which is the Adam and Eve pattern, and the pattern is completed by penetration. It is possible that a re-test to confirm the penetration, and it is also possible that the launch for the first target and then re-test.
The targets are orange, access is your responsibility
And stop loss if it closes 70.99 daily after the breach
In this case, the breach is false.
tell me your idea in comment ! I will appreciate that .
thank you.
Bull Run Stage 1: 46,000. What You Say?Weekly Time-frame
We have tested the $44,400 it seems like we have reach the top already. Will see what the daily TF will tell us. $43,132 needs to hold to continue the trend to the upside flipping it and making it a demand zone would mean we can have a breakout to the double bottom.
1D Time-frame
We are currently in the supply zone if demand is greater than supply then we can expect more pump to the upside. Daily time-frame is still bullish. Greed and Fear index is #47 which is neutral. If we don't hold it then short position from $44,400 to the downside.
4H Time-frame
4h TF is bullish we have higher high for our Awesome Oscillator and made a higher high candle. I hope you all took profit from the drop before it went up. It was a risky trade indeed. not good to sit on a rocket ship. I will always inform if we are having some reversal trade so all will be careful in entering the position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
TRX - TRONIX - TRON network on the move higherTronix, also known as TRX, is the native cryptocurrency of Tron: a blockchain-based platform with two main functions. First, it serves as a global online content sharing platform, and secondly, it allows developers to create their own autonomous applications that operate without the need for intermediaries (* information from CoinDesk).
This asset hit .1805 back in April 2021 and looks to be headed to much higher ground.
Having broken north of the wedge pattern holding it down for several weeks, the price of TRX has climbed steadily.
Resistance at .0714 looks a likely target.
2 days ago the 50 EMA crossed the 200 EMA which is known as a Golden Cross and this is a very BULLISH sign.
With plenty of support below the currenct price with the 50 EMA and 200 EMA, this asset looks a banker LONG trade.
