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Trxusdt

TRX: Overbought at ResistanceTRON (TRX) technical analysis: Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.058 (previous resistance), then $0.050. The nearest Resistance Zone is $0.065, then $0.070.
Long
by altFINS
TRX - Tron is Ready to Breakout of a 2 Year Bullish Pennant!You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently repeating the same exit pattern it had back in 2021. If Tron breaks out, buckle your seat belts and HODL on tight! I'm long here.
Long
by jpbrown1023
2
TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion. Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently. He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange. Yesterday the amount of withdrawals from Huobi were significant, $60 Million. There are Insolvency Rumors for Huobi. I think TRX will ultimately reach its pandemic low of $0.0072. Looking forward to read your opinion about it.
Short
by TopgOptions
2
TRXUSD is ready. Are you ready for this? 50 % dump (NEW)TRXUSD looks ready. The price has been in the descending triangle for a long time. Now it looks like it's ready for a breakout. Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down. Targets are shown on the chart. We don't expect it to go to zero therefore targets are defined based on the historial key supports instead of traditional methodology applicable to trading descending triangle pattern. Expect more FUD in crypto market which could be a trigger for a triangle to breakdown. good luck
BINANCE:TRXUSDShort
by vf_investment
16
TRX - Range trend but positive momentumDuring the past weeks, TRX had a range trend but positive momentum. The price of Tron entered a correction after the bearish wave, which was able to stay at the support level of $0.053-$0.054 by breaking the downtrend line drawn in the previous analysis. Again, a positive reaction has been observed at this level, which indicates the attempt of buyers to grow the price to the resistance of $0.057 to $0.059. In general, the major resistance in daily time is considered in the range of $0.070. But in the 4-hour period, if the $0.059 resistance is broken, we can expect further growth and an upward trend. So, in general, for this week, the resistances of $0.059 and $0.062 can be short-term targets for buyers. You can also consider a narrow ascending channel for the price in the 4-hour timeframe. As long as the bottom of the channel is maintained in the orange range, we expect the price to grow.
by MonoCoinSignal
4
TRXUSDT TECHNICAL ANALYSIS$TRX launched in June 2018 and TRON value was $0,052, last ATH was $0,178. Tron has been lost value lower than when first launched. We haven't got any BUY signals from our robo advisor/ indicator @EngineeringRobo yet in daily chart. But we have got our first buy signal with MA20&50 then MA50. Also, the candles are already breakout down trend-line plus one candle opened-closed completely above down trend-line. It may an opportunities for buy then we may earn first of all 5% then 10%. Let's follow our chart closely and do not forgot the follow me. "NFA""
by ABSTOCKER
💲Tron Ready To Strike Out💲💲Tron Ready To Strike Out. 💲After a perfect defense of the support zone set by the 0.382 level, we begin another attempt to attack northward. 💲Tron, in my opinion, has really great potential for growth. 💲It stands out very positively against the rest of the cryptocurrencies. 💲Looking at the technical environment, I do not have any doubts about the probability of the continuation of the increases. 💲In my opinion, it is more likely that the next few weeks will bring increases. 💲The scenario I am playing out is a continuation of the increases on TRX over the next few weeks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
2
The 0.05358 point is stronger than any pointHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXBTC 1W Chart) It has risen in the section where the power of the rise is gained. In order to release this force, we need to see if the price can sustain above 0.0000 0318. ----------------------------------------- (TRXUSDT 1W chart) The key is whether it can get support around 0.05358 and rise above 0.06004. If not, a fall below 0.04562 is highly likely and you should think about how to counteract that. (1D chart) TRX is linked to USDD, a stablecoin. Therefore, a drop in the price of TRX is likely to have a profound impact on the shape of TRX. So, I think keeping the price above 0.05358 is of utmost importance. Therefore, you have to work hard to ensure that USDD is pegged to $1. Those who believe in TRX and continue their mid- to long-term investments should take advantage of this and take a trading method that increases the number of coins corresponding to profits while recovering the principal amount purchased. The next volatility period is around January 15th. -------------------------------------------------- ------------------------------------------- ** 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. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (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.) ---------------------------------
by readCrypto
2
#Tron Bounces 12% from November Lows, TRX in a Bear FlagPast Performance of Tron Tron prices are within a classic bear flag, adding 12 percent in a possible dead cat bounce. Overall, the TRX price formation is anchored by bears of early November since bulls are yet to reverse all losses. Traders can look to unload on every pullback higher but below $0.057. #Tron Technical Analysis TRX bulls appear to be in control, printing higher highs relative to the lower BB. Notably, prices are inside a rising channel. Even with this, TRX prices are higher, lifted by relatively low trading volumes, as the past six weeks of trading activity reveal. Therefore, if TRX is below $0.057 and inside the bear range set between November 8 and 14, the probability of the coin dropping further is high. Conservative traders can wait for a clear trend to form. Any gain above $0.057 may see TRX rise to $0.064 and November high is a welcomed bounce. Conversely, losses below $0.052 and December 20, below the lower trend line of the rising channel, will cancel this bullish outlook. What to Expect of #TRX? Buyers are upbeat, but prices are inside a bear flag. The leg up also has lower trading volumes, meaning sellers are still in control. Any break below the rising channel, allowing prices to sync with losses of December 20, could see TRX sell-off stiffly. Resistance level to watch out for: $0.057 Support level to watch out for: $0.052 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer