Tron (TRX) completed setup for upto 16% pumpHi dear friends, hope you are well and welcome to the new trade setup of Tron (TRX) with BTC pair.
Previously we caught more than 10% pump of TRX as below:
Now on a daily time frame, TRX formed a bullish AB=CD move for the next pump.
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
Tron, 5 days consolidationAMEX:TRX inside ascending triangle and already touch fibonacci support 0.10212
this coin already enter accumuation with 5 days and 12 hours consolidation,
you can see I also draw bullish trendline,
in the next hours (not more than 12 hour), this coin will rally to reach triangle resistance,
maybe with little a pump, that indicate the consolidation time already over.
The worst case is fibonacci support at 0.10212 break down, if this happen, I still have ascending triangle support trendline.
My entry :
.10310 current price
.10212 fibonacci support
.10018 Higher low
Target : .11017 Ascending triangle resistance
Risk every entry : .00100
Risk reward ratio : 6.54
Actual profit percentage : 654%
Good luck, happy trading.
SUN/USDT 1D. Main trend. Secondary. Local. All main details.Coin Sun. This is an altcoin from the TRX ecosystem. Other coins in this ecosystem are: NFT, JST, BTTC(BTT), TRX.
On the backstage of XRP rise(China money partly) TRX class of assets also look very interesting.
In this idea i'll share my view on SUN from TRX group of assets.
From the beginning of the trading history coin has been dumping, which is basic for almost every altcoin.
After reaching certain prices trend reversed and broke the main downtrend.
After that the retest followed and that was also the moment of the beginning of big diamond forming.
I remind you that diamond is a reversal of the trend pattern, also consider the timeframe it's forming on(the bigger the TF the stronger the formation).
This diamond is forming already for something about 400 days.
Local and midterm trends are shown on the chart. Also consider the volume spring shown, which means that there's a potential for big impulse soon.
Local targets and zones are shown on the chart.
Capitalization of this coin is 55m$ as for the moment of writing. So there's quite a potential of 10x on the high of the trend. This will be 666 zone...
Tron ($TRX) Exhibiting Strong Growth Potential
TRX buyers have been quite active, causing the cryptocurrency to test the resistance zone of $0.110-$0.113 on three occasions since November 8, as it tries to break through this range and set a new yearly high.
Currently, there's a noticeable reduction in TRX's volatility, making it likely to see short-term trading within a flat range, specifically between support levels of $0.100 and $0.106. The potential for the TRX growth still exists as long as BTC remains trading above the $31,000 threshold.
A correction in TRX's trajectory is not expected to lead to significantly negative outcomes. If there is a decline, Tron might retest the support levels at $0.095-$0.097, $0.0935, and $0.0885-$0.0905. Given its robust upward trend, TRX is viewed as a viable addition to portfolios, particularly during periods of BTC correction.
TRX/USDT Ready for an Explosive Journey? 👀🚀TRX Analysis💎Yello, Paradisers! brace yourselves for an exciting trading prospect with TRXUSDT. Currently, the asset is displaying substantial activity in the demand zone, hinting at a likely upward trend shift.
💎Tron has been consistently adhering to a trading channel pattern. Its breakout above this channel recently indicates a potential ascent towards a resistance level, followed by an expected quick retraction, consistent with its typical trading behavior.
💎There's a notable probability of a bullish movement commencing from the support level around $0.098. With TRX having successfully emerged from the trading channel upwards, it's now eyeing resistance levels near $0.12.
💎Effective timing is crucial for savvy Paradisers. It's important to identify the optimal entry points during this upward movement, and it's advisable to be cautious about entering at the peak of the trend.
💎Exercise caution, as there's a possibility of TRX dropping below the support level of $0.094. A fall beneath this crucial mark could lead to questions regarding the continuation of the upward trend.
TRX Ready for Parabolic Bullish Cycle ⬆BINANCE:TRXUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and is starting a new bullish cycle. From the left we analyze the trend lines to get targets for the next bullrun and on the right we take a quick look at technical indicator CryptoCheck START V3.5 to confirm the bullish bias.
INCASE YOU MISSED IT : 👉 Another altcoin recently formed a bullish pattern:
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TRX/USDT: TRON Confirmed breakout for LONG tradeAs we can see from the chart, TRON has a clear breakout from its resistance. This is a good time to enter a LONG trade.
Entry Price: 0.104
StopLoss: 0.100
TP1: 0.1068
TP2: 0.1105
TP3: 0.1128
Like and follow us and share your thoughts in the comments.
Cheers
GreenCrypto
TRX Looks BeautifulMartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
TRX looks beautiful and will continue to moon. This pattern is know as a pressure cooker and is very powerful.
This chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
MartyBoots
One step forward and then correction📊 You can see the general analysis and trend of the Tron currency in the photo, this currency was analyzed before and we saw its growth exactly from the bottom of the specified channel.
🕰 Time 4 hours:
📊 With the failure of Medline, we see a good growth of this currency.
⚠️ But this growth indicates a correction!
This correction may continue until the midline of the channel, which is 3% lower at the price of 0.08014.
But considering its growth up to the green range, which is the beginning of the resistance range, it may grow
♨️ The strength is growing and it is possible that it will grow up to the ceiling of the channel, i.e. the price of 0.08500, and then we will witness the fall of this currency to the said support.
TRXUSDT Weekly TimeframeHello, Hope you all doing well well !
Lets analyse the TRX on Weekly timeframe for a long term investment. :)
It seems that price is making a triangle with 5 waves ABCDE. According to "fib time zone" tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart.
Don't forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap.
3/23/2022
**This analysis is not an incentive to buy or sell and is purely educational.**
TRON/BTC , Ascending triangle , timeframe 1 weekFormation of an ascending triangle on such a large timeframe.
Working out of the previous descending triangle is shown by red lines!
Price is clamped in the triangle, volumes are decreasing, there is a possibility of accumulation of coins before the breakout and achieving the specified goals
Thank you for your attention
TRX/USD Main trend. Cup with handle. Triangle.The main trend(most of it). Logarithm. Weekly chart.
Coin in coinmarketcap : TRX
An idea to understand the trend and visualize the formation of a bullish formation in a bear market and such large size. The reversal/jamming zone is yellow levels. Quite a long time the price is squeezed the final phase of the triangle. Volatility is decreasing. At the decoupling, the exit is very likely to be momentum by a significant percentage.
Linear, to understand the trend and clarity of formations. A cup with a handle, a large triangle with a base of about 200%.
Candlestick chart with the same parameters.
Secondary trend. Close-up of the triangle area.
Pair to bitcoin
TRX/BTC Main Trend. Linear 1 week. Rhombus 250%
TRX flight is not over yet!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, another coin for your TRX feed, which looks like a continuation of the upward movement.. You can try to act with the current ones with a little good below.
Deal plan:
Entry - 0.10837/0.10103$
Stop - $0.8938
Take - $0.13
Guys, follow risk management, this is, first of all, an altcoin that can show high volatility in the moment!
Tron TRX price knows how to surprise with its "maneuvers"The TRXUSDT price often moves differently from the rest of the market.
This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time.
So, the other day, the TRXUSD price hit a strong mirror level of $0.09. Now TRX price is undergoing a correction.
If you believe that Tron's growth trend has not yet reached its culmination and will continue to move in a similar manner to 2020, then buying TRX closer to $0.072 is for you.
However, if the TRXUSDT price consolidates below $0.068, the decline may continue, at least to the range of $0.052-0.055
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FTM Speculative Asset Play - DeadCOIN?FTM is one of those coins that is in a pretty uncomfortable place for me, Not much going on in the Fantom Ecosystem and a ton of new competition has sprung up over the past three years, However from a technical standpoint FTM looks incredible right now, Id recommend accumulating at least a small bag in case these targets do come to fruition.
Support Zone : $.2570 - $2670
Major Resistance Zone: $.2960-$.3210
Target 1: $.3863 +31%
Target 2: $.4880 +64%
Target 3: $.6101 +105%
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.
TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area.
On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect.
If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
Tron ($TRX) Soaring To $0.5Tron (TRX)
TRON is arguably the only one among the old guard of altcoins that continues to show positive dynamics on both the local and global charts. In five months, the asset has surged by 55%, with this growth being quite steady and punctuated by necessary corrections.
As of now, TRX is trading close to the resistance zone of $0.0997-$0.1010. The primary expectation is that the growth will persist, potentially renewing the annual high at the marks of $0.102 and $0.105. Further ascent could also be on the horizon, assuming Bitcoin's price remains steady.
Should Bitcoin undergo a correction, it could similarly affect the TRX trajectory. Under those circumstances, the asset might revisit the support levels around $0.0980, $0.0950-$0.0960, and $0.0935.
TRX/USDT Break the key level area. Rounding Bottom Confirmed!💎 TRX has undeniably made a significant impact on the market with its Rounding Bottom pattern and the successful breakthrough of a key supply zone, signaling a bullish momentum for TRX. However, it's worth noting that TRX has not yet undergone a retesting phase at the demand area, which was previously a supply zone.
💎 Due to this, there's a possibility that TRX will enter a retesting phase at around $0.91 to confirm the continuation of its upward movement. It's conceivable that after a valid retesting phase, we might witness a substantial bounce from the demand area, probability propelling TRX toward our target, the major supply area.
💎 Conversely, a less favorable scenario would materialize if TRX retests the demand area within the range of $0.91 to $0.885 and experiences a breakdown. In this scenario, TRX would transition back to a bearish trend, potentially resulting in a downward movement, with testing areas at $0.717 and even the formidable support area.
TRX is a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Unlike many altcoins exhibiting high volatility, TRX has demonstrated steady upward movement throughout the entire year.
This bullish trend is engulfed within the rising broadening wedge pattern outlined in orange, currently approaching the upper boundary marked by the orange trendline, serving as a non-horizontal resistance.
Additionally, the zone between 0.105 and 0.115 presents a robust resistance level.
📈 To maintain long-term control, the bulls must breach the 0.115 resistance.
If successful, a movement toward the subsequent resistance level at 0.14 can be anticipated.
📉 Conversely, as long as TRX trades below 0.115, there is potential for bears to instigate one more correction (confirmation needed on lower timeframes).
In such a scenario, we should be vigilant for trend-following buy setups as TRX approaches the lower boundary of the orange trendline.
📚 Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich