TRX, the UPSHIFT has started, the whole CRYPTO will SURGE!AMEX:TRX
DO YOU SEE WHAT I SEE?
MASSIVE ALERT!
When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets moving after a while. Just like January 25, 2024 (BTC from 38k to 73k journey), TRX started ascending, then the market gets wild after a few days.
Get ready.
TAYOR
Tron
TRXUSD Buy opportunity below the 1D MA50.Tron (TRXUSD) has been trading within a Channel Up pattern since the November 14 2022 bottom. The price is now pulling back from the latest Higher High but remains above the 1D MA50 (blue trend-line).
This pattern indicates that after roughly every 55% - 65% rise, the price makes a pull-back and upon breaking below the 1D MA50, a buy signal emerges again. Wait until that and buy for the next Higher High. Our Target is 0.2100.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
TRX/USD Secondary trend (part) 18 11 2023Logarithm. Time frame 3 days.
The ascending channel in the lower part of the big triangle. Local work in it from the key support / resistance levels.
The whole range of this channel on a larger scale. .
Everything is more detailed and shown in the ideas of the main trend. .
TRX/USD Main trend. Channel. 17 11 2023
Note where this zone (channel) is in the main trend.
TRX Tron Elliott Wave RetracementsIf you haven`t sold TRX before the previous retracement:
Now according to the widely-followed Elliott Wave theory, the potential retracement targets for Tron are $0.14, $0.13, and $0.115.
I anticipate Tron will reach $0.115, driven by the legal issues surrounding its founder, Justin Sun, which are expected to escalate this year.
TRX (Crypto TRON-USD) SELL TF H4 TP = 0.1362On the H4 chart the trend started on Aug. 27 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.1362
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
TRON's Wave 1 & 2 of current cycle over with. What Next?I believe that this cycle's wave 1 and its correction are done. Wave 2 being a shallow correction at Fib 0.236 gives us some clues as to what to expect next. Here's why I believe Wave 1 and its corrective wave 2 are past us and how wave 3 has already begun.
RSI bearish divergence (usually happens between the tops of wave 3 & 5 price action)
Correction to a significant fib level 0.236
RSI's significant correction and confluence at Fib .5 and RSI level 50.
And yes you can definitely apply Elliott Wave theory to the RSI signal, which I rarely see being applied here on TV. It helps confirm not-so-obvious EW charts.
So what do I expect to happen next? Either upcoming wave 3 or wave 5 will extend reasonably. I'm putting my money on wave 3 but won't rule out 5. The recent meme mania on TRON is shaping up quite nicely and could be the precusor of the extension and explosive price growth.
TRX (TRON): Overbought at ResistanceTrade setup: Price remains in an Uptrend. It bounced off of its long-term up trendline and 200-day MA, and resumed its uptrend. We removed it from our HOT list because it's overbought (RSI > 70) near $0.17 resistance, hence we're likely to see some profit taking near-term. We'd wait for a pullback. Nearest Fibonacci Retracement levels (possible support) are $0.16 (23.60%), $.15 (38.20%), and $0.14 (50%). Learn risk management in Lesson 9.
Pattern: Price is Overbought at Resistance. This trading strategy finds assets that are overbought (RSI > 70) and are near a resistance area, which means there's a high probability that price will get rejected and pull back near-term. Overbought conditions are typically reached when RSI hits 70 or more. Learn this trading strategy in Lesson 5.
Trend: Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.14, then $0.128. Nearest Resistance Zone is $0.17, then $0.20.
TRXUSDT🚨 Trading Signal Alert 🚨
Hello, traders!
I’ve just updated my chart with a new set of indicators designed to identify key buying and selling opportunities. The vertical lines on the chart serve as clear signals:
🔴 Red Lines - Selling Phase: These lines indicate the beginning of a downward trend, suggesting it’s time to consider taking profits or shorting. Key dates for selling include:
• September 5, 2024
• November 10, 2024
• December 20, 2024
• March 2, 2025
🟢 Green Lines - Buying Phase: These lines mark the start of an upward trend, signaling an ideal time to open long positions. Key dates for buying include:
• October 2, 2024
• November 30, 2024
• January 6, 2025
This setup is based on a combination of trend analysis, momentum indicators, and predictive modeling. The goal is to help you make informed decisions by clearly visualizing the market’s potential turning points.
Always remember to combine these signals with your own analysis and risk management strategies for optimal results.
TRON: TRXUSD up 3% far today...very bullish...see below
This is TRON Crypto TRXUSD. It is currently a very bullish weekly candle & has broken out of the Weekly Cup & Handle Pattern.
On the 4HR there is a Head & Shoulders Pattern, it's looking a bit overextended but I think the Weekly price-action regarding the Cup breakout is keeping price very buoyant today.
I took 2 positions of 20,000 lots & 30,000 lots about 10 minutes. So I am not much ahead of you on this trade if you wish to take it.
* Trading is risky, also do your own research & never take my financial advice as a sole means.
Tron TRX price goes against the marketWhile the entire crypto market is falling, the TRX price is rising!)
Maybe this is the reaction of the #TRXUSDT price to the "rumors" that Justin Sun is working on a full-scale launch of #TRON-based memecoins?)
We will find out soon...
Nevertheless, as long as the #TRXUSD price is kept above $0.115-0.12, it will remain in a "long phase".
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
TRX Cup & Handle breakout on the daily chart.Tron has been on a massive run as of late, and it appears that it may just be getting started. Tron has just surpassed Cardano and taken a spot on the top 10 list of cryptocurrencies.
I see good things coming for Tron, at least from a trading perspective.
Good luck!
Tron Overtakes Cardano: Is This the Beginning of a Bullish Run?The cryptocurrency market has been a rollercoaster in recent times, with various digital assets experiencing significant price fluctuations. In a surprising turn of events, Tron (TRX) has managed to outperform its rival, Cardano (ADA), with a remarkable price surge in the past week. This unexpected development has caught the attention of investors and analysts alike, sparking speculation about TRX's potential for further growth.
One of the most compelling indicators of investor interest is the open interest, which represents the total number of outstanding derivative contracts for a particular asset. In the case of Tron, the open interest has skyrocketed by a staggering 52% in the last 24 hours. This substantial increase suggests a growing appetite for TRX among traders, potentially fueling further price appreciation.
The surge in open interest could be attributed to several factors. Firstly, the recent price rally of TRX has undoubtedly attracted the attention of investors seeking outperforming assets. Secondly, the underlying fundamentals of the Tron network, such as its focus on scalability and decentralized applications (dApps), may be gaining traction among developers and users.
If TRX manages to close a weekly candle above the crucial $0.15 resistance level, it could signal a significant shift in market sentiment and potentially trigger a more extended bullish trend. Breaking through this resistance would indicate strong buying pressure and could pave the way for TRX to challenge higher price levels.
However, it's essential to approach this development with caution. The cryptocurrency market is highly volatile, and past performance is not indicative of future results. While the current trends for TRX appear promising, several factors could impact its price trajectory. These include broader market conditions, regulatory developments, and the overall adoption of blockchain technology.
As with any investment, conducting thorough research and due diligence is crucial before making any decisions. Investors should carefully evaluate the risks and rewards associated with TRX and consider diversifying their portfolios to manage exposure to market volatility.
In conclusion, Tron's recent outperformance of Cardano and the surge in open interest have generated excitement among investors. While the potential for a bullish breakout exists, it's essential to maintain a balanced perspective and consider all factors before making investment decisions. The cryptocurrency market remains unpredictable, and staying informed about market trends and fundamental analysis is vital for navigating its complexities.
TRX (Crypto TRON-USD) BUY TF H1 TP = 0.1354On the H1 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.1354
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
TRX is in a dangerous placeThis analysis is an update of the analysis you see below in the "Related Ideas" section.
The triangle of the previous analysis is still standing and only the D wave has become more time-consuming.
We expect the formation of wave E from TRX.
It can be rejected from the supply range to the green box.
The targets are marked on the picture.
Closing a daily candle above the invalidation 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
TRX - Slow and easy trade#TRX/USDT #Analysis
Description
---------------------------------------------------------------
+ Price has hit the support line and successfully bounced back from it with a long wick.
+ Overall trend is looking strong and we can expect the price to hit the next resistance line
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.1262
Stop Loss: 0.1156
------------------------------
Target 1: 0.1298
Target 2: 0.1333
Target 3: 0.1391
------------------------------
Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Tron (TRX) completed a setup for upto 20.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Tron (TRX).
Previously we caught 10% pump of TRX as below:
Now on a daily time frame, TRX with Bitcoin pair has formed a bullish Cypher 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.