TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron (TRX) was slightly higher on Thursday as the coin moved back to one-year highs.
TRX/USD climbed to an intraday high of 0.07819 earlier today after hitting a low of 0.07651
The move came as prices recovered after yesterday's fall, resulting in profit booking.
the upside came as the 14-day Relative Strength Index (RSI) found a support point.
The floor above was at the 70.00 level, which is already deep in overbought territory.
Price strength now tracking 70.42, bears may try to send the coin higher in the coming days.
I have tried to bring the best possible outcome to this chart.
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Trxbnb
TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron (TRX) rose close to an eleven-month high to start the week, following a recent four-day bull run.
TRX/USD rose to a peak of 0.07841 earlier in the day, which comes a day after trading at a low of 0.07271.
As a result of Monday’s move, TRON climbed to its strongest point since June 10 last year.
One of the catalysts of the surge appears to be a breakout that transpired on the relative strength index (RSI).
The index moved beyond the ceiling of 69.00, and as of writing, is tracking at 77.17.
Now in overbought territory, there could be some profit-taking, however, a target of $0.080 still remains a possibility.
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
TRON/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this TRON/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- TRON (TRX) soared as much as 2% on Wednesday as the token moved closer to breaking into the top 10 of cryptocurrencies.
TRX/USD climbed to an intraday peak of 0.07031 in the first session after hitting a low of 0.06841 on Tuesday.
As a result of this jump, TRX is now trading slightly above the long-term resistance at 0.070.
It appears that the bulls may aim to not only break above this range but also move up to 0.072, which will take the coin to a three-month high.
One of the main hurdles stopping this move is the Relative Strength Index (RSI), which is currently tracking at 59.67, below the 60.00 resistance.
If and when price strength moves beyond this point, more bulls will likely re-enter the market.
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TRXUSDT will be in down trendTRXUSDT trade will be in down trend channel ultimately it will touch -161.8% level then you can get good price to open buy position.
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TRX/BTC (Another Bear Flag?)💎Technical Analysis Summary💎
BINANCE: TRXBTC
-After the Bearish downtrend last Oct 15
-The price keeps falling and unable to sustain any support
-Currently, TRX is confirming another Bear flag
-And the potential downside target is around 180s sat
-Wait for any Bullish reaction before looking for a buy trade
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TRX/BTC (Trading @ Key Support)TRX/BTC
-TRON has been trading at key support area for two weeks already
-We can also see on the bigger time frame of a triangle pattern
-To trade this type of scenario, waiting for the breakout direction is the safest
-So you will enter above the trendline resistance or pullback to confirm support
-I know some aggressive buyers are already scaling in a position if they are right
-Their stop loss is placed under the green support line
-The upside potential is up to 311 sat or higher
TRX/USDT (Daily Breakout Sign?)TRX/USDT
-broke above 200D MA dynamic resistance
-staring to break the recent local resistance area
-if the 2nd-day candle closes bullish or green
-it will likely continue its breakout form
-upside target is up to the swing top resistance
-stoploss should be placed under 200D MA
TRX/BTC (Potential Bulls Strength?)TRX/BTC
TRX is gaining strength after the price rallied 10% up but currently facing minor resistance because of the descending trend-line force.
If TRX failed to break this line, we could expect a minor pullback and form its new Higher Low then proceed to new High.
The stop-loss is below the low at 168 sats.
Trials for a bull runHello everyone, this is our view on trxbnb, enjoy!
Analysis:
we're trying out our bot (90%+ winrate) which set long so we're approaching this coin analysis. Same indicators as usual, no need for explanation I believe.
Strategy:
Entry: 918-894-878-854 (less likely)
Target: 975 (if strong resistance is found, then sell all at this level)
Sell: 1085-1257-1527
Stoploss: below 789
Risk: 6.1
High risk for big gains!
Trade safe. Anlvis
TRXBNBif we take a look at 4hr time frame we can see this asset is touching the upper limit of Bolinger band and the RSI shows an oversold situation.
if we take a lock at a daily time frame we can see an ascending wedge that is getting close to the limit that every time TRON tries to get past to it but fails.
maybe it is better for us to get a short position
*just an idea and not financial advice *
TRON - Broke out of 2-Year Wedge, Bullish momentum comingLooking at Tron's daily chart, we can see that it has completed a 2-year descending wedge. So the overhead resistance which had prevented the price from moving higher is no longer there. I also like that the daily MACD is right at the zero-line. A break above this level is bull territory. The bullish signs are there. However, I'm not moving in just yet. I will be waiting for one of two things before buying:
1) Bitcoin to hit bottom - This usually gives the alts permission to move again. The alts are not dropping like they once did against Bitcoin, which suggests their bottom is close. However, even if TRX/BTC doesn't move at all on its Bitcoin chart, its USD chart will lose value. Waiting for BTC to bottom could allow you to buy TRX at a discount.
2) Buyer volume moves in and pushes the price up with force - We had a breakout of the wedge, but the price hasn't moved yet. We're lacking volume. I think once the volume comes, it will come with some force.
Keep Tron on your radar for good entry points. Getting in early as the alt season begins could be very lucrative.
TRX - BNB As long as the price is moving in the uptrend channelAs long as the price is moving in the uptrend channel, it can fluctuate around the blue midline in the daily frame time.
The profit and loss limit increases as the floor and ceiling of the previous day's price increase.
You can also buy and hold for at least the next ten days.
My forecast for the next ten days, based on indicators and trend line, is to gain at least 10 %.
My method is to make technical analysis easier for everyone. Especially enthusiasts and beginners.
If you are interested you can support me by following this page and liking it.
$trx forming c&h can be plotted using the weekly stoch flickson the weekly tron chart we can see a nice cup forming which will soon start dropping to create the handle.
historically the weekly stoch has show good entry and exit points for tron and currently we are on the roof waiting for the drop off (most likely this weekend, post nitron event).
once the stoch leaves the 70-100 zone we will start looking for longs around the mid 500s, however we need to watch out for justins pumpotronic speeches that can cause tron to do stranger things :)
Is this the bottom for TRX/TRON ?it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot -0.53% -7.44% appears you buy, if a green dot -0.53% -7.44% appears after that green dot -0.53% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
shorter time frames will be choppy.
larger time frames will be smooth.
*Daytrading smaller timeframes is possible but not recommended.
Easy money. let it drop give me more red :) TRXBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
//
it works good for stocks and cryptocurrency.
//
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot -8.89% appears you buy, if a green dot -8.89% appears after that green dot -8.89% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
//
shorter time frames will be choppy.
//
larger time frames will be smooth.
//
*Daytrading smaller timeframes is possible but not recommended.