✅TS ❕ TRXUSD: downtrend✅✅ TRX continues to move in a downtrend.
The asset will continue to decline. ✅
🚀 SELL scenario: short to 0.0639. 🚀
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Remember, there is no place for luck in trading - only strategy!
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Tron
✅TS ❕ TRXUSD: support level✅✅ TRX is testing the support level after the previous bounce.
The asset will continue to grow if it holds support. ✅
🚀 BUY scenario: long to 0.0702. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
TRXUSD: Cup With Handle Visible on the MonthlyTRX had a similarly Bullish ABCD BAMM Pattern on the FTX chart but that has since played out and gotten shut down. Now we move on to currently active exchanges and we can still see a Potential ABCD BAMM and a Cup With Handle; if we can stay above the moving averages i suspect we will pump to the measured move between the 1.414 and 1.618 Fibonacci Extensions above.
TRX IdeaTRXUSDT | TRXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
TRX triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
ENTRY : @ 0.06270
STOPLOSS (SL) : local high @ 0.06093
TARGET (TP) : height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR) : 3.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
TRX inverted H&SIn the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
INVALIDATION (SL) : Right Shoulder @ 0.05879
TARGET (TP) : Inverted H&S target projection @ 0.08555
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Tron's price volatility range is expected at a level of $0.060For the current week, we can expect the trend to be in the range for the current week, as long as we do not have a strong return below the $0.060 level. But if the selling pressure increases, Tron's price decline can continue to the bottom of the channel, i.e. the support range of $0.056 to $0.058. This week, the TRX price volatility range is expected at a level of $0.060.
Contracting Bollinger Bands on the 1W chartHello?
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(TRXBTC 1W Chart)
The key is whether it can rise above 0.0000 0318 in order to release the upward force.
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(TRXUSDT 1W chart)
The key is whether it can be supported at 0.06427.
In particular, as the Bollinger Bands are contracting, volatility is expected in the near future.
(1D chart)
It is important to be able to rise above the 0.06427-0.06532 section and be supported.
If not, you should check for support around 0.06004.
TRX is holding the price near the M-Signal on the 1M chart, so it can be clearly seen that the long-term trend is about to turn into an uptrend.
Therefore, as mentioned in the explanation of the 1W chart, it can be seen that the current position is located in a very important section.
If the mid- to long-term wiggle starts, there is a possibility of touching around 0.05358, so you should think about how to respond now.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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✅TS ❕ TRXUSD: ascending wedge✅✅ TRX has formed an ascending wedge.
The price is testing the support level.
The reversal will begin after consolidation under the support level. ✅
🚀 SELL scenario: short to 0.0602. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
TRX/USDT pumping is near?Hi Dears
Do you heard about WOW TRADE strategy?
We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone.
After that the price will be in the moon.
And now we are watching this strategy for trx usdt.
I hope it works properly.
Sincerely
Hosein Poursaei
Tron TRX is breaking out! Explosive pump is likely.
As you can see, TRX is currently breaking out of the descending triangle on the daily/weekly timeframe, and an explosive pump is now likely!
The take-profit is at the top of the triangle, which is 0.18 USDT. I think it's possible to go higher, but we don't want to risk anything, because we could be in wave 5 from the Elliott Wave perspective. Triangles are typically formed as a 4th corrective wave.
This bull market that started in January is absolutely amazing, and I hope it will continue as long as it possibly can! We want to take as much profit as possible from this bull run.
Sending USDT via the TRX network (TRC20) is very popular among crypto people. Furthermore, Tron's value held up very well during the 2022 bear market. It's definitely a positive sign.
Now is the best time to buy TRX if you don't want to miss out on the upcoming pump! It will be huge!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If we take a look at the previous price action from 2020 to 2021, there are no gaps that need to be filled. In other words, it's possible that we will never go back to these levels.
I'm not sure how you feel about it, but I'm already long in the futures market. 171% is a good profit, so be greedy!
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TRX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I had to draw some data in here that was not shown (white squiggly lines) Without full data on a chart, it's hard to count waves accurately. This chart is on the weekly timeframe.
I cannot predict time, however I am trying to with this chart. Future resistance and support lines are also predictions.
RR: 9
Possible upside: 480%
Possible downside: 53%
TRXUSD: Daily VCPVCP: 4W 11/6 3T
The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books.
RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.