Trxanalysis
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0155)
Ending of entry zone (0.0123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0180
TP2= @ 0.0220
TP3= @ 0.0275
TP4= @ 0.0322
TP5= @ 0.0400
TP6= @ 0.0452
TP7= @ 0.0557
TP8= @ 0.0663
TP9= @ 0.0813
TP10= @ 0.10041
TP11= Free
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0155)
Ending of entry zone (0.0123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0180
TP2= @ 0.0220
TP3= @ 0.0275
TP4= @ 0.0322
TP5= @ 0.0400
TP6= @ 0.0452
TP7= @ 0.0557
TP8= @ 0.0663
TP9= @ 0.0813
TP10= @ 0.10041
TP11= Free
TRON is doing GREATHello to everyone and I am so delighted to talk about TRON (TRX) today as it surprised its community in an incredible way.
The price of TRX is holding gain of around 25 percent in the session on Friday. No doubt, TRX is zmazing out-performer for TRX in comparison to several of its peers.
It is recorded that daily transactions breaching over 2 million in a day, over 100 million TRX transactions recorded and 900,000 mainnet accounts registered now on the Tron network.
TRX/USD price burst through resistance (supply) zone, which was seen at a previous area of demand. Tracking from $0.01600-0.01800, a fresh wave of buyers pilled in as this zone was firmly breached. So actually TRX/USD has jumped over 80 percent in the past six days of trading. Very hoping on keeping this "green" position and strongly believe it will make it to $0,03
THANK YOU FOR THE CHRISTMAS PRESENT, TRON!
Shortly (but happily) about TRXGreat news going from TRX side for its community. Not so long time ago TRON made it to the top 10 cryptocurrencies by market cap. Moreover, its founder Justin Sun is quite open about reporting the positive fundamental developments attached to the foundation.
Recently, it was announced 2.53 MM Txs are made per day and 32,284 daily increase address. That means that another milestone was achieved by the Tron foundation.
Currently, we can find TRX in the green zone and TRX/USD was seen nursing losses of some 3,47%. Trading at
$0,013174 USD . So we can expect positive range of TRX price during the upcoming 24 hours. I predict the price to raise and trade in the range of $0,015-0,02.
!WARNING! The current post is not the promise, but personal opinion. You trade on your own risk.