TRX/USDT - Readying to hit new lowsAs mentioned in my previous analysis, its playing out perfectly. As I also mentioned I am swing trading this from top of the green arrow I showed in my previous TA.
Now for me its confirmed we will create newer lows, that's why I'm stacking shorts at every bounce. Also I am always prepared for scam pumps, I try to catch scam pumps as opportunities instead being getting surprised by a scam pump. Since I have stacked enough shorts, I will close 75% at 0,045. 25% iIwill keep until we bottom which is probably around ca 0,032 - 0,035.
Trxusdt
TRX: hottest🔥 alt make a pullback. Here is an enrty point!📊TRX grow higher than any other altcoins. It`s pump even if BTC fall sometimes. It has strong support from the buyers and in this idea i`ll show you where the big player open it`s longs.
1. First of all, the huge support is the $0,62-0,63 value area. The liquidity collection and the liquidation of the lavarage position confirm the volume indicator. The volume bars should grow. It`s shows us also the presence of buyer. We need to follow the smart and big money, don`t we?
2. After the small consolidation and trendline squeeze the price have to brake the trendline. Here will be our entry point.
3. The local manipulations are not required but it will be good to see false breakout or liquidity collection before the breakout of the trendline. The trapped short traders gives to TRX additional fuel to grow!
The targets:
1️⃣ $0,7 - the closest key level
2️⃣ $0,75-0,79 - the liquidity gap.
This target will be easy to reach for TRX if BTC show some strength. The price of this alt grow even if BTC just consolidate. Image what happen if BTC starts to rise.
✅Traders, if you have a question about how to trade the trendline breakout or other trading tips write down in the comment or to DM!
💻Friends, press the "like"👍 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.
[b][/b]TRXUSDT : ARE WE STILL GOING DOWN ?[b][/b]On the 15th of June , TRXUSDT exhibited a climatic price action which has been followed by an increasing price with low volume.
For clarity : Climatic price action ( buy climax or sell climax) is a period in the market when the dominant trend usually seems to be over powered . This is shown by sudden volume spike with low effect . This occurs because the dominant trend exited their positions ( in this case sellers became buyers ) hence taking the opposite side of their initial position.
Since trading is a zero sum activity, these sell orders automatically become buy orders in order to exit the position aiding the short term rallies that follow climatic action seen as buys . This at times is called bull traps .
Support and resistance alternation is a common term and knowledge in technical analysis .
With the 61.8% Fibonacci level coinciding with the support turned resistance zone around 0.075 price level, this is a great confluence for a sell continuation on TRXUSDT.
In addition, we have a bearish flag pattern also calling for sells.
With these, I do be on the lookout for a sell opportunity around the highlighted resistance zone which should be confirmed by any of the reversal candlestick patterns , indicator divergence or any of the reversal signals .
Feel free to share your thoughts in the comment section
GRIDCOM - SECOND IDEASomeone should learn me the drawings, I can only handle a hammer of thor.
Listen, TRX the spoiled child has enough money from ali papa. Ali wants to share his profits with us via TRON. I will tell you the story of thunder, WHICH will result in colossal GAIN !
BUY between 0,11 $ and 0,123
SELL on 0,18 $
USE LEVERAGE 25x or 20x
-GRIDCOM-
The brokers grid & command !
TRONX Price action is in Motion, what is next?Hello all,
That being said, neither I am a crypto expert, nor a fundamental researcher, I like to trade based on purely technical and price action analysis. Show me the chart then I would tell you the news.
I do not care also about the technology, I only care about what I see on the chart and try to share it with you.
Market structure:
1. Downtrend is confirmed. Be careful when People or "YouTuber," say the market now is in the bottom process. It also means that the market will go deeper and lower, then it will create the Divergence or retest the double or triple time the EMA, etc. Of course, I don't exclude the V Shape recovery.
2.
Major flow: From point 1,2,3,4,5 >> bearish.
Minor flow: From 6,7,8,9,10 >> bullish, however, notice that the resistance line is still holding the price action from the Supply sellers! This means buyers are not that stronger than sellers at the moment I am writing this post.
3. Less is more, I think that you could see there is a "highly probable" short trade set up with a 1 to 5 or even 8 risk/reward ratio. From my own "stupid" experience, please do not leverage more than x20, and please do not overtrade, because I expect that Tron price actions could be highly volatile, as long as there is no body of candles in 4H or 8H closing above the washing lines. The market will continue its first motion, Major flow >>> towards the Ultimate target!!!
Cheers, and thank you.
TRXUSDT 1D TA : Bull or Bear ?As you can see, the price has returned from a significant support range
It is likely to grow close to theBearish Trend line
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.20.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TRX/USD - Tron pumping to 7 cents! 🚀Tron is on a clear path to 7 cents. The chart is bullish and so are the indicators.
If it breaks the 7 cents resistance and moves above 8 cents, then TRX could leave this massive descending triangle visible on the weekly timeframe.
Both the MACD and RSI are making higher highs, so this is good and continuation is likely unless BTC pulls the market lower.
To me, the price will continue up until it faces the resistance level.
Volume is not great on this last pump, but there are reasons to be optimistic right now.
Longs have a better r/r right now and my bias is bullish.
Like and follow if you liked my idea!
TRXUSDT 12H🔥Subscribe to the channel that would receive new information about the cryptocurrency market✅
Hello Traders 👋
Let's break down the TRON chart
On the chart, it showed a trend line that served as a local support; after the breakdown, it is now a resistance zone.
The price tested the local resistance zone but failed to break through and consolidate above the local zone. I expect more drops.
TRON (TRX) - June 24hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(TRXUSDT 1W Chart)
Resistance: around 0.08631
Support: 0.04736-0.06034
Below 0.04736 is likely a mid- to long-term investment area, so careful trading is required.
(1D chart)
Primary resistance: 0.07451-0.07679
Secondary resistance: 0.08223-0.08631
1st support: around 0.06034
2nd support: around 0.04736
There are many support and resistance zones set across the 0.06034-0.08631 zone.
Therefore, you need to make sure that there is a sidewalk to get out of this section.
Therefore, the key is whether you can break out of the downtrend line and move along the uptrend line.
The next volatility period is around July 20th.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the current chat, we have R2 as a resistance line and shows the unsuccessful attempts of the price in order to rise. R1 used to be a support line and it includes the support of the price at several points. And S1 is our support line which is showing the support of the price at some points. Now the price is fluctuating below R1 and we believe it will have a pull back to this line and then will fall to S1. So we consider a short position for our chart and we expect a good profit in the near future. If the price moves over R1 and fixes there, then we will wait for more rise in it.
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
Trading opportunity for TRXUSDT - TronBased on technical factors there is a long position in :
📊 TRXUSDT Tron
🔵 Long Now 0.06143
🧯 Stop loss 0.05180
🏹 Target 1 0.06666
🏹 Target 2 0.07250
🏹 Target 3 0.07878
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
TRON Could Have a Terra Luna CollapseTron's stablecoin USDD has lost its peg and despite the $5bil of reserve cash used to prop it back up, it continues to fall further and further from $1. Tron mimicked the Terra Luna UST model and implemented their own stablecoin just days before the UST Luna collapse. If Tron is unable to re-establish the 1:1 peg, it's fate might be the same as Luna's. This is my favorite short.
Tron Hits New All-Time Low, Over 170% Growth Now Possible!Just yesterday Tron (TRXUSDT) hit a new All-Time Low.
This low hit basically at the same level as back in June 2021.
June 2021's low was set at 0.04651 and was followed by a 160% bullish wave.
June 2022's low was set at 0.04604 and we are likely to see a strong bullish wave follow.
Remember our famous saying...
Once we reach bottom, the only place left to go is up.
Tron just hit rock bottom...
It is time to WAKE UP & GROW!
Namaste.
WARNING: TRON IS (probably) GOING TO ZERO! USDD is following LUNA spiral-death.
If it continues to crash, it will be crashing to ZERO.
I will set sell entry from here based in the same behavior.
SL: 0.10
Targets: 0.01, 0.001, 0.0001, 0.00001, 0.000001
Remember: invest what you can lose.
DO YOUR OWN RESEARCH.