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TRX

TRON ($TRX) What is Next After The SurgeUnlike the majority of altcoins, TRX began its upward trend even before Bitcoin surpassed its annual high. Currently, TRX is trading at around $0.094, marking the asset's highest price point in the last two years. Given the ongoing positive dynamics of BTC, a continuation of this growth trend is anticipated. The last time Tron reached these heights was two years ago, rendering the old resistance levels irrelevant. After surpassing the resistance zone of $0.093-$0.094, potential next targets for buyers could be the $0.097 mark and the psychological level of $0.1. In the event of a correction, the TRX price could fall to $0.091 and enter the buyer's zone between $0.0890-$0.0905. Below that, the support level at $0.0885 could also be tested, without posing a threat to the prevailing uptrend.
Long
by DEXWireNews
1
the dock left a signal for the continuation of the trend with a One of them is the opportunity to perform the work with high accuracy in the near future. The last impulse of 70% is only the first investment in the swing of a new trend and in the near future we can expect a retest of intermediate resistance at 0.0210-225 from which there will be an opportunity to move to the main target at 0.025-31. A move left without a retest on the day is a pretty strong signal for the continuation of the trend. It should be borne in mind that longer-term goals are on the 0.05 test and with sufficient volatility we can see a breakdown immediately to this level. It's just that until the cue ball has scored 35k, the 0.025-31 range for docking is a large volume with long-distance trading before the contract extension. With a negative scenario and a general market pullback at the end of the month, there is a possibility of a short-term retest of support at 0.0125 with the trend continuing in the new month. In combination with a finger-sucked dock, this system provides uft vib pros perl pnt cvp dock wtc drep vite epx fio oax, which I mainly use for work.
DLong
by Strateg_
ooki is ready to continue the trend in the near futureAfter a wave of growth of 100%, there is a high probability that the ooki trend will continue in the near future. After the momentum of last week, the current weekly has drawn a shadow and there is a payback for the reversal of the weekly candle into a bullish one. In an optimistic scenario, there is a fairly high probability of a breakdown tomorrow. In this case, the goal will be to move past the previous week with the opening of a new week above 0.0035. If there is insufficient volatility, an attempt to move will be formed by a slow trend. On average, the goal is an attempt to consolidate above the trend line formed by hayami. Basically, the target range is 0.0050-75 with further attempts to reach 0.010-0.015. Ooki remains an option with top growth potential along with uft vib pros perl pnt cvp dock wtc drep vite epx fio oax.
OLong
by Strateg_
2
Above 0.07679: Expected to create a new upward waveHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning. Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading. In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD). (TRXUSDT chart) If the price remains above 0.07679, it is expected to create a new wave. (1W chart) It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964. (1D chart) Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created. Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone. Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
🟩 TRXUSD - best crypto I can findThis is the best crypto coin that I can find. VOLUME On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right. PATTERN The Pattern printed is a typical VCP (for the Minervini students) BASE CHARACTERISTICS We have very strong positive week closes on the bottom of each contraction. Every week has closed +40% of its close range. RELATIVE STRENGTH The RS compared to ETH or BTC is off the chart! If I am to buy any crypto this one looks like a real high probability setup
Long
by TintinTrading
1
TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀 💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur. 💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level. Keep your charts updated and Stay one step ahead of the market 🌴
Long
by MyCryptoParadise_Simon
1
TRX CAN FALL VERY SOON (1D)The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric! But the trx went above the red box of the previous analysis and made a stop hunt. I think we are at the end of wave F and we will have a fall for wave G. In the red box, we are looking for a downward trigger to enter the sell/short position. The green area is relatively strong support. I specified the invalidation level, closing a daily candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
TRXUSDTThis is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its support zone and, following a bullish pattern, move towards the resistance zones after it hits the support line and establishes itself above it. If it breaks and establishes itself below the line, it can start moving towards its next support line after a pullback.
Long
by MarsSignals
TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support . Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
TRX/USDT 1DAY UPDATE !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) rose to a multi-week high on Thursday, on the back of reports claiming that the blockchain sees nearly 5 million daily transactions. TRX/USD peaked at 0.08322 earlier in the day, which comes following a low of 0.08043 the day before. As a result of today’s gains, tron has now risen to its highest point since July 30, when the price traded at a high of 0.08395. it appears that bulls are attempting to reach a ceiling at 0.08600, however, a hurdle on the relative strength index (RSI) seems to be preventing this. Price strength is currently tracking at 67.89, which is marginally below a ceiling at the 68.00 level. In order for bulls to capture their price target, this aforementioned resistance point will need to be broken. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
4
TRX: Resistance BreakoutTRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern, price pulled back near $0.073 support and broke back above $0.08 resistance to resume uptrend, with upside to $0.086. It is also positive to see that during this recent downswing, price reached a bottom at ~$0.07 which was higher than during the prior major downswing at ~$0.065 and previous low of $0.06. That means price made a Higher Low , which is a bullish indication of buyers stepping up on major pullbacks. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080, which it broke, then $0.086.
Long
by altFINS
TRX → a head and shoulders patternhello everyone... as you can see trxusdt made a H&S pattern but we have not any confirmation that is a reversal pattern or a continuous one, however, the daily time frame shows us a bullish trend: but it is great if we get a position after the breakout, so if the neckline breakout you can get a long position! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
by melikatrader94
14
TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron is the current outlier in our list, as it managed to register an increase of 1.8% this week. This is surprising, considering most altcoins are in red This performance can be explained by the price action, which placed TRX in an uptrend since the start of the year. The price has been making higher lows and higher highs for months now, and this has not stopped to date. Tron has support at $0.077, and if buyers persist, they could take the price back to the key resistance at $0.086. If so, the uptrend would likely continue for some time still. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
🔥 TRX Keeps Winning While The Rest LosesTRX has been trading in a very stable uptrend since the November FTX lows. Whilst the market has seen a lot of volatile ups and downs, TRX has been very gradually increasing in value. Most important aspect of the chart is the bottom support of the parallel channel (the top resistance is a direct copy of the bottom support). This support has held 5-6 times already and doesn't look like it will fail soon. I'm aiming for a longer-term move towards the top resistance.
Long
by FieryTrading
19
What to Expect NextOn the daily chart, there's an upward trend pattern. Right now, the price is testing a barrier at $0.078. If it manages to break through this level, we can expect the price to continue rising, possibly reaching $0.085. However, if the price can't surpass this resistance, we might see it drop down to around $0.072. Additionally, the Relative Strength Index (RSI) currently stands at 54. This level indicates a moderately strong momentum in the market. It suggests that there is some bullish sentiment, but it's not too extreme. Traders are neither overwhelmingly buying nor selling at this point.
by MonoCoinSignal
12