TRXUSDT Emphatic break above 1D MA50 but heavy Resistances ahead*** ***
For this particular analysis on Tron we are using the TRXUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where TRX broke today aggressively above its 1D MA50 (blue trend-line) which has been the medium-term Resistance since August 19 2022 and is headed towards the 1D MA200 (orange trend-line). This is currently exactly on the Lower Highs trend-line that started on the November 15 2021 High and is on the long-term the strongest Resistance at hand.
With the 1D RSI approaching the 70.000 overbought barrier, we should be expecting profit taking, at least on the 1D MA200/ Nov Lower Highs Resistance cluster. A rejection there can pull Tron back to at least the (grey) short-term Support Zone and if broken, aggressively towards the ultimate Support Zone of the Bear Cycle (0.04615 - 0.05100).
In order for us to call a buy extension on TRXUSDT , we want to see a candle closing above the 0.07250 Symmetrical Resistance, which as you see has previously rejected an uptrend 5 times since January 17 2022. A break above it, can target the upper Fibonacci levels towards the 0.0930 Resistance that was previously a Double Top (May 09 and June 01 2022).
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Trxusdt
Trading opportunity for TRXUSDT - TronBased on technical factors there is a Short position in :
📊 TRXUSDT - TRON
🔴 Short Now 0.06217
🧯 Stop loss 0.06343
🏹 Target 1 0.06110
🏹 Target 2 0.06000
🏹 Target 3 0.05840
💸RISK : 1%
We hope it is profitable for you ❤️
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TRON - Closing in on Completing a Massive Bullish Pennant Keep your eyes on Tron. TRONUSDT is closing in on the end of a massive pennant on its daily chart as is its TRXBTC trading pair. The daily MACD is bullish, breaking above the zero line. I think the only thing that ruins this party is if the DXY continues its upward trend and pushes BTC and the crypto market lower. My eyes will be on the DXY for a breakdown or TRXBTC for a bullish breakout. I think this is a good, low-risk entry spot to go long as we bounce off support. If the DXY spikes and we stop out, we can wait for cheaper TRX. But if we continue upward, we'll have an excellent long into a potentially huge upside breakout.
🚀🔥Tron (TRX) test the STRONGEST value area. New long signalHi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales.
📊 The preconditions to open a long are next:
🔥 pullback to the $0.59-0.62 value area and test it as the support(!)
🔥 the volume growth which confirms the pressence of buyer. Take a look on the volume indicator. The same volume bar growth I expect now.
🔥 DOM and Footprint scalping tools show the HUGE limit orders wall to BUY. Usefull tools for scalpers and swing traders.
🔥 the bullish BTC force all the altcoins to move in the same directions
📊 The targets:
1. $0.065 - the key level
2. $0.067-0.07 - the closest value area
3. $0.08-0.82 0 the value area and mid-term target
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
TRON (TRX) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXUSDT 1W Chart)
The key is whether the price can sustain above 0.06236 to break out of the mid- to long-term downtrend line.
(1D chart)
The key is whether it can move above the downtrend line (1).
To do this, it is necessary to check whether it can be supported by rising above the 0.06236-0.06427 section.
If not, it is likely to re-enter the medium- to long-term bearish channel and see a downtrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(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.)
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TRX/USD Main trend (most of it). Bowl with a handle. TriangleThe main trend (most of it). We see a huge bowl of about 800% of the main support liquidity zone formed in the long-term trend. From the zone of its resistance pullback (secondary trend). Which has formed a triangle, which could act as a "handle" to this huge cup (a cup with a handle) in case it breaks up.
Coinmarket: TRX
Secondary trend. Triangle Zone.
Local work (reversal zone) with this triangle and the manipulation that occurred with the price I showed in this training/work idea: TRX/USD Manipulation with News Work by Major Participants
Also, underneath the description (inside) of this training/trading idea, I have secured many similar training/work ideas on various trading instruments that have been published over 1 year on this site (all on a live chart). Everything is shown and described not after, but before what happens.
Here is how this bowl looks like on the line chart (Bitrex exchange, 0.88 - listing time), but actually more if you take the same Binance (bowl resistance on the line 0.16 - 0.2). The peak of the candle (pamp) was at 0.35 (not confirmed by the opposite base of the bowl). This should be kept in mind when trading.
The less you set your target levels too high in a trade, the more likely they are to be reached.
TRON (TRX) - September 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(TRXUSDT 1W Chart)
Whether the price can rise above 0.06236 and sustain is the key.
(1D chart)
You need to check if you can support and rise in the 0.05989-0.06427 section.
Otherwise, it is expected to fall below 0.05358.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(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.)
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Tron TRX Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
TRX/USDT short
Entry Range: $0.059 - 0.061
Price Target 1: $0.056
Price Target 2: $0.051
Price Target 3: $0.046
Stop Loss: $0.068
TRX/USDT WEEK CHART POSSIBLE DESCENDING TRIANGLE In this idea I am drawing a descending triangle to show the catalyst that should bring us to the bottom. Descending triangles tend to breakout to the downside and then the price action curls up to begin an uptrend. This idea takes into account many things such as and not limited to Fibonacci, Bulkowski, and correlation with Bitcoin. The difference is that with this chart they are used in a simple way to determine the targets and the movement that can be expected after the downtrend is over. The only thing this chart doesn't utilize is the RSI its just pretty. If you agree throw me a like and follow me for more unique concepts, ideas, and projections that keep you in the gains. Much love to my supporters -ND
TRX | TRON | How Can The Price Go Up Again?TRX | TRON | How Can The Price Go Up Again?
TRON is very good crypto compared to many that are in the market.
However, this is a personal opinion:)
From the technical perspective, the price is moving within a "Descending Channel"
Price can actually do an ABC movement or ABCDE movement...
In both situations, we need the price to bounce above the pattern in order to initiate
any bullish movement.
On the other hand, the price has some chances to develop as ABCDE movement.
The "E" wave could be completed near to 0.058049 if that happens...so the price can move down again.
Targets:
🎯 0.064703
🎯 0.066405
🎯 0.068236
🎯 0.071469
Thank you and Good Luck!
TRX - Bullish Setup in a Bearish MarketHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, a quick video on TRON / TRXUSDT with a potential long setup with a low risk and high reward. This trade is based on the fundamentals of buy the support zone and sell the resistance zone. We also take a quick look at the volume to back up this potential trade.
While you're here ! Check out this weekly outlook on BTC 👀
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CryptoCheck
Tron TRX Bearish SentimentNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
TRX/USDT short
Entry Range: $0.060 - 0.065
Price Target 1: $0.057
Price Target 2: $0.052
Price Target 3: $0.047
Stop Loss: $0.075
TRXUSDT - TRADE PLANCheck out the trade plan for LUNC today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Requires a bullish breakout on the consolidation zone. Also, price formed a triple bottom formation inside this consolidated zone. A bearish breakout will invalidate the setup.
TRON (TRX) - September 15Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(TRXUSDT 1W Chart)
The key is whether it can find support and move higher near 0.06236.
(1D chart)
The key is whether the HA-Low can support and move higher within the 0.05989 point near the long horizontal line and the +100 index at the long horizontal line at 0.06532.
In other words, it is necessary to check whether it can be supported in the 0.05989-0.06532 section.
It is moving down from 0.06532, entering a long-term bearish channel.
Therefore, it is important to get out of the bearish channel quickly.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
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TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the current chart, we have R1 as a resistance line that means the price was not able to rise. And S1 and S2 are our support areas which include the support of the price since the past. Presently, we have the price fluctuating over S1 and we predict it will fall to the mentioned line as its part trend. At this point, if we receive some rising signs, we consider our long position and we expect a rise toward R1. In case the price loses the support at S1, it will face more decline. Remember that R1 would be a good point for saving profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TRXUSDT DTRXUSDT 1H appears to be inside a triangle right now. We may be close to breaking the triangle. Because he is holding below the median of the Keltner channel, there may be a greater chance of him breaking up, quickly hitting the target.
Remembering that we should see this breakout over the next few hours. We need liquidity to really get out of this accumulation. This means that the ideal plan will be for him to break up tomorrow.
TRX - SHORT NOWhello back guys!
we back again with new ideas
here TRX/USDTI thing we will go short cuz we break triangle down
we have
tp1
tp2 as targets
and stop lose is mental in 1R
I don't Use stop lose if price go and touché 3R line I will move Tps In entry price and with from price come back and close with 0 lose
if price go more than 6 month and don't come back to entry price I will close it with lose.
good luck guys