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Tron

TRXUSDT Testing the top of the 1 year Triangle. What's next?*** *** For this particular analysis on TRON we are using the TRXUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Tron has been trading within a Triangle pattern since its April 17 2021 market Top. Since then we've had two Higher Lows and another Lower High. At the moment the price is the closest it has been to a new Lower High. If broken it will be a major bullish break-out for the coin and should target the 0.1300 Resistance of the November 15 2021 Lower High. There is another interesting pattern involved as well. The 1D RSI sequence resembles the Lower Highs/ Higher Lows pattern of the previous mid - late 2021 rally of July - November. If the price breaks the RSI Lower Highs the move this time may be outside the blue box as the current price action is far more aggressive than that of October - November 2021. That may very well deliver the 0.13000 Resistance test. If however it gets rejected on the Lower Highs, we expect a pull-back to the 1D MA50 (blue trend-line) and then a test of the top of the blue box. Notice that a 1D Golden Cross has just been formed (1D MA50 crossing above the 1D MA200) and that the 1W MA50 (red trend-line) has been acting as a Support in the past week. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
5
Tron (TRX) seems needs to complete its correction phase.Hello ladies and lads, hope you are well. Tron apparently is at the end of D wave of ABCDE corrective structure. We should be cautious if we have long positions on this particular coin. On the other side, this could be wrong if we break through the trendline that is ahead of the price. In that case, the price should breakthrough C's Top to invalidate ABCDE corrective structure. Stay agile on days ahead. Ask any question at comment section, and feel free to send me message. Cheers!
Short
by HunkIsHere
TRX on the way to 0.12$TRON is in an ascending Triangle which is a Pretty Good and Obvious Bullish Sign! The Price will Be Starting To Pump Heavily once The Break out Happens! The Expected Price for Break out is around 0.088$ and It would Reach 0.12$ (The Price will Increase as much as the Measured Price Movement AB=CD) -TRX is in an Ascending Triangle -No Break out yet -Break out will Happen 0.088$ -Price will reach 0.12$ -(AB=CD) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
2
$TRX - 3 Confluences To Short It *Smart Money**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. TLDR; Entry 0.0806 (Already Entered but we have a long way to go so enter soon) Stop Loss: 0.0847 - 0.085 Take Profit: 0.073541 If you look at the Daily Chart My entry is based upon the Bwearish Order Block (Bottom Last daily green candle before the high). As price seeks liquidity or imbalances, I believe its heading for the imbalance in the 4 hour chart, The fair Value Gap And then if ypou look at the 4 hour theres a Fair Value Gap at 0.073541, Near this same Price is the Discount Price in the Dealing Range (Dealing Rang Example , Discount Price is 61.8% of retracement) Also in this same area is a bullish order block on the 4 hour So thats the 3 Confluences. 1. Fair Value Gap (4HR) 2. at the Discount Price of the Dealing range (Daily Chart) 3. Which is also at the Bullish Order Block (4HR). This is where smart Money would be aiming to buy up more TRX at a discount price as it goes past two areas of relatively equal lows on the 15 min chart where most retail traders stay. They'll believe these to be Support Lines, when it's a false sense of support as Smart Money wil drive the price deeper just to buy Cheaper. Good Luck and Happy Trading BINANCE:TRXUSDT BINANCE:TRXUSD KUCOIN:TRXUSDT OKCOIN:TRXUSD COINEX:TRXUSDT
Short
by BodiesXWix
TRXUSDT going to 0.1????Hi guyyyyzzz his currency is making surprises in this declining market thanks to the efforts of its maker and also thanks to the poor country. Many of the movements of this currency were sharp and unpredictable. But in the short term, if the supply area fails, growth can be expected up to 0.1 But in the long run, I'm sure the currency will fall Also, our long-term Fibonacci shows a price of 0.1 in the 0.3 area So we are likely to hit this price and then continue the downward trend in the long run. Also, our short-term Fibonacci price shows 0.1 in the 0.16 area
Long
by aliasadii
2
TRX Is Stuck between 0.033$ and 0.11$TRX is in a Descending Triangle. This Pattern is Pretty Visible on The WHITEBIT Exchange Chart and we can Be Sure Of a Big movement Pretty Soon. We can Expect the Price to be Bearish and That It would Decrease to 0.033 $. also there is a Slight chance that the Price would become Bullish and would Start a Bullish Movement From Here and Reach 0.11$ We can not Say For Sure What Is gonna Happen Since the Price Has Not Done a Confirming Movement YET! -TRX is in a Descending Triangle -Movement can Be bearish Or Even Bullish. -0.033 in bearish Case and 0.11$ in Bullish Case. -wait for Break out. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
8
TRON (TRX) - May 19hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSDT 1W Chart) If the price holds above the downtrend line, it is expected to rise. To do that, we need to see if we can find support by moving above 0.07192. (1D chart) The key is whether it can find support near 0.07070 and move above 0.07679. Therefore, it is recommended to check the movement in the 0.07070-0.07679 section. If it moves above 0.08223-0.08631 and finds support, I would expect it to surge. (buy) - After confirming the support at 0.07679 (Stop Loss) - When it falls below 0.07451 and receives resistance - When it falls below 0.07070 (Sell) - When resistance near 0.08631 - When receiving resistance near 0.10176 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
TRX - Nice example how instrument looks before an impulseTron is interesting coin because it's been in a game for a while. After collecting liquidity from both sides coin created a range for over 5 days. If you look at the volume, it's decreasing, but don't let it fool you. Coin is still interesting for big guys since the collected liquidity hasn't been realised yet. I expect an impulse. It can be either up or down, but all preconditions say that down is more likely. ⭐️ BTC bearish ⭐️ Global market is bearish ⭐️ 3rd touch ⭐️ Accumulation for 5 days ⭐️ Bulls trapped ⭐️ Liquidity was collected recently ⭐️ Under VWAP ⭐️ 50 ATR Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
2
tron to zero ( read description carefully )👋Hi guys please read this text before buy this shit coin. ⚠️First I warning to you 2023 maybe be last year for crypto and btc because a lot of scam projects create day by day for scam people , scammers use crypto for unknown transfers and etc ... government decision ban crypto some people say they are creating a legal framework for crypto, and all professionals know that legalizing crypto is practically impossible and is just talk ... ⚠️But about Tron⚠️ Tron first was a supper stupid copy of eth blockchain that Justin sun even Among the codes, he forgot to delete the eth code comments He later manipulated the code a bit. But how did Tron become famous? Tron start with ponzi projects on Tron blockchain And poor countries were attracted to these projects they bought Tron and gift to scammers Federal police suspected that Justin Sun was behind all these projects, and in those years they attacked Tron's address to inspect it Anyway, whether Justin Sun was behind them or not, these projects decreased, but I still believe that Justin Sun was behind all those projects. Thus, Tron became somewhat famous in poor countries! 👉But what is Justin Sun this big scammer method for keeping this stupid coin high? He tries to prevent the BTC from falling just at the time when it is falling. His previous news when the BTC crashed was to release tokens, encouraging users to stack their Trones to receive those tokens, and locked the Trones for a long time after the Trones were released. And users were selling fast, and prices were falling sharply. After this method became obsolete, he announced that Tron had joined defi just when it was in the bull market, and this time he was able to raise Tron to close to 0.18, but users started selling again quickly. In his latest move, he announced the release of usdd, which did not surprise me at all. He always copies other coins because he has no idea, his only idea is fraud. But this time it may be Luna's fate. She does not know that nothing should be copied, and this time the life of this great scammer may end. ⚠️Tron to zero⚠️
Short
by ManOFCryptoWorld
8
TRON - Bullish no more👎TRX has been 'in a game' for over a week now and had power to move against the market. However, there may have come time to end it. I expect this triangle to break down due to following reasons: ⭐️ BTC bearish ⭐️ Coin was moving against the market for over a week ⭐️ Stablecoins are getting weaker, everyone is panicking ⭐️ 4th touch ⭐️ No pullback after last touch ⭐️ Volume at top ⭐️ Under VWAP Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
5