Where might TRX land at the end of IV wave?
Considering broken triangle, and previous supports, and also since we can count 4 corrective waves, I expect TRX IV correction wave end up somewhere between 0.068 to 0.052.
However, we should monitor the situation closely, even more than before.
0.068, 0.065, 0.052 might all give us a new Entry point.
For plan B, if things goes south, we can Enter at 0.090.
Please let me know what do you think about this.
CHEERS
Tron
TRX (WAIT FOR CONFIRMATION PLEASE)Hello.😃
I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you.
BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving out of BTC but not out of the market. TRX and BTC are very correlational so let's wait before investing in either of these in my opinion.
This analysis is for reference in the event that we turn bull market.
I would definitely not place a buy order until we see price action hovering more in the 0.136 zone and gaining some support there.
Next couple hours is really moment of truth for TRX and BTC let's be patient with this!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
TRXUSD 4H (strong buy above 0.09 to get a record)in the previous idea, we said if the price stable under the dotted line it can be touch 0.0097 then will grow up, so now this coin will try to touch 0.097 then will continue to growing.
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if stabilized under the dotted line
it can be touch 0.097 then start to going up.
above Dotted line will be a strong buy
targets:
0.175
0.200
0.340
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my last idea about TRXUSD on 15 May:
TRON :BEARISH SCENARIO IDEA,PRICE IS CLOSE TO A CRUCIAL POINT 🔔Welcome back Traders, Investors, and Community!
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💡Don't miss the great buy opportunity in TRXUSD @justinsuntro
Midterm forecast:
0.09630 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 0.09630 is broken.
Technical analysis:
While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 0.16950 on 05 /07/2021, so more losses to support(s) 0.11700, 0.10025 and minimum to Major Support (0.09630) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 49.
Take Profits:
0.14850
0.16950
0.17900
0.21600
0.29500
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💡Don't miss the great buy opportunity in TRXUSD @justinsuntro
Midterm forecast:
0.09630 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 0.09630 is broken.
Technical analysis:
While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 0.16950 on 05 /07/2021, so more losses to support(s) 0.11700, 0.10025 and minimum to Major Support (0.09630) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 49.
Take Profits:
0.14850
0.16950
0.17900
0.21600
0.29500
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
TRX is ready to bullish 🙄👒🙄👒Hi dear treaders,
The pattern of the head and shoulders is formed. If the neckline is broken correctly, the roof of the descending channel will also be broken. RSI is bullish and the price is moving above the MA20. The resistance is 0.13$. In case of return, the main support area is specified.
If you like my idea please click the * 👍 * button and comment your idea.
Good luck.
TRX 1D Draws "Head and Shoulders" and down?Let's take a look at the global picture of TRXUSDT
It can be seen from the graph that from September 2020 to February 2021 TRX was actively purchased in the range of $0.025-0.035.
And then, after such a consolidation, a logical shot up. The market managed to raise the value of TRXUSD by 500% - whether it is a lot or a little for TRX investors we don't know, we are simply stating a fact.
During the last month, the price of TRXUSDT has been drawing a pattern similar to H&S. Falling volumes during the last trading month strengthens the possibility of working out this pattern.
What we can expect from the Tron price in the future?:
1) The critical level from above $0.155, if it cannot be broken upwards, then a strong fall in the TRXUSD price cannot be avoided.
2) The base of the theoretical H&S is in the area of $0.10 and if the price pierces it down , then the first liquidy zone that will meet a fall will be $0.05-0.06
3) Most likely in the zone of $0.05-0.06 there will be a consolidation, where it will be decided: the price of TRXUSDT will rise again to $0.10 or fall even lower to $0.025
_______________________________
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Altcoins Update: TRX; Justin sama will pump it upVolume and Price action shows:
Target 1: 0.2
Target 2: 0.5
Target 3: 1
Target 4: 2
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!