Trxusdt
TRXUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in 1 day time frame. The price is close to its resistance line but has not been able to stabilize above the line and is starting to move down, but the candle has closed the day before with weakness and we can see the weakness. If it cannot be stabilized above the resistance line, there is a high probability of falling. We have identified the resistance and support ahead for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Tron (TRX) - we are waiting for a global growth wave to $0.09The week of trading on the TRON (TRX ) market ended with an unsuccessful attempt by sellers to continue the wave of decline without correction and gain a foothold below the liquid range of $0.059-0.062. Having used small volumes to continue falling, sellers were able to touch the $ 0.046 mark. However, the weekly candle closed at almost $0.065, creating a false breakout of the range of $0.059-0.062.
This fact testifies to the local weakness of sellers below the range of $0.059-0.062. The first local pivot point for sellers to continue the downward trend is in the range of $ 0.067-0.068. On the daily timeframe, it is clearly seen that it was after the breakdown of this range downward that sellers were able to lower the Tron price by 30% in 2 days:
In addition, a sharp counterattack of buyers, which also lasted 2 days, stopped exactly in the range of $0.067-0.068 . Therefore, in order to make a trading decision to buy, it is necessary to wait for either a breakout of the range of $0.067-0.068 upwards and expect a retest of this liquid zone from above, or wait for a local price decline to $0.059-0.062 and buy in this range.
Why is there a high likelihood of a new wave of decline in the TRON (TRX) market in a local perspective?
Firstly, do not forget that although the wave of decline in the TRON market, which began in May, has slowed down, a clear falling TRX price channel is visible on the chart.
Secondly, the daily chart shows that on June 23-24, buyers were much more aggressive than in the last 4 days. This is evidenced by the aggressiveness of candlesticks and volumes.
Third, on the TRXBTC chart, we see a stable price movement in a falling channel and low trading volumes.
This fact indicates that the situation on the TRON market has not changed yet. Buyers face another toughness test, during which they cannot be allowed the TRX price to renew the previous low. In this case, the main target of buyers is in the range of $0.09. However, if recently the price of TRXUSDT could do it in a few days - now it may take several months. A significant decrease in trading volumes and a negative situation in the crypto market have significantly reduced volatility and optimistic scenarios for updating historical highs of coins.
This is our main scenario for now. However, if buyers cannot hold the range of $0.059-0.062, we will expect the continuation of a powerful wave of decline with the target of $0.037-0.039
P.S. - our previous TRX forecast worked out completely:
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Is TRX/USDT about to do a great bullish movement?Hi every one
TRON/USDT
TRX/USDT is in an ascending triangle pattern which means that the price would increase as much as the measured price movement but only after break out happens. We should wait before doing a move.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
TRX/USDTTRX showed an active upward movement, something like 5 waves, if it really is them, then I expect a move higher to 0.072
But this scenario will be relevant when the upper trend channel is broken.
I expect an exit above the upper channel with a subsequent movement to 0.68, I will try to trade, and I put a Take there, stop for the support at 0.64
My ideas do not relate to market and trade recommendations, they are analysis of the chart, with all possible outcomes.
Only you should make decisions on the market.
If you liked my idea, follow me for more.
TRXUSD 4D: 4000% gains BEST level TO BUY/HOLD(SL/TP)(SWING)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-covering crypto/FX/stocks
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
TRXUSD 4D: 4000% gains BEST level TO BUY/HOLD(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
READ ENTIRE IDEA BEFORE EXECUTION.
🔸 Summary and potential trade setup
::: TRXUSD 4days/candle chart review
::: accumulation in progress now
::: 4000% gains is not a typo
::: potential C*H setup BULLS
::: focus on BUY/HOLD near
::: range lows later
::: right now CORRECTION MODE
::: 40%+ sit it out and buy low later
::: LONG RANGE OUTLOOK
::: this is not for short-term traders
::: accumulation NOT COMPLETE YET
::: 4000%+ gains still possible
::: currently trading near range highs
::: BUY/HOLD setup TP +4000%
::: previously recommended buying low
::: up to 4000% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +4000% gains
::: details: see chart
::: SWING TRADE: BUY/HOLD IT
::: AFTER 40%+ correction!!!
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/RANGE LOWS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Tron Price Analysis: TRX Surges 16% After Finding $0.5 Support
Tron is up by a strong 16% today as the cryptocurrency bounces from $0.05 and hits $0.0648.
Despite the strong rebound, TRX is still trading beneath the 200-day moving average price.
Against Bitcoin, Tron found solid support at 156 SAT (.618 Fib Retracement) and has since bounced back toward 200 SAT.
What has been going on?
Taking a look at the daily chart above, we can see that TRX has been in an extended downtrend since the start of May when it hit its ATH price of around $0.17 on Binance. BY the last week of May, TRX had reached as low as $0.06 but managed to hold support provided by the 200-day MA.
In June, TRX started to trade inside a descending triangle consolidation pattern. The triangle floor was just beneath $0.07, and TRX managed to remain above it for most of the month. However, on Monday, TRX eventually broke toward the downside of this triangle and fell beneath the 200-day MA support.
After breaking the triangle, TRX continued to drop until support was finally found on Tuesday at $0.05. It managed to rebound from there yesterday and has since pushed near the $0.065 level.
TRX price short term prediction: BEARISH
TRX has to be considered bearish beneath the 200-day MA level. The cryptocurrency needs to break above $0.068 (200-day MA & 20-day MA) to become neutral again. It would need to surpass resistance at $0.1 to be considered bullish in the short term.
If the sellers push lower, the first support lies at $0.06. This is followed by $0.05. Beneath $0.05, added support lies at $0.0453 (downside 1.272 Fib Extension), $0.042, $0.04, and $0.037.
Where Is The Resistance Toward The Upside?
On the other side, the first resistance lies at $0.068 (200-day MA & 20-day MA). Above this, resistance lies at $0.0751 (bearish .236 Fib Retracement), $0.08, and $0.087 (50-day MA). If the buyers continue to drive above $0.09, resistance can be expected at $0.093 (bearish .382 Fib Retracement), $0.095 (100-day MA), and $0.1.
SHORTHi friends, I hope everyone is fine, this is just a financial offer
Futures🪐
#TRX
#TRX/USDT
Short🎈
Enter : 0.051$/0.055$
Target : 0.046$
Target : 0.041$
Target : 0.035$
Target: 0.031$
Target : 0.029$
Target : 0.024$
OPEN TARGET :
0.022$
0.018$
0.014$
0.011$
0.008$
Stop loss : 0.063
🏛3% Capital
🎚Leverage : 3x/5x
⚠️Risk Level : 8/10
$TRX/USDT 2h (Binance Futures) Rising wedge facing resistanceTron has recovered nicely but could be preparing for another leg-down while crypto market is still uncertain.
Current Price= 0.08128
Sell Entry = 0.08232 - 0.08664
Take Profit= 0.07193 | 0.06525 | 0.05570
Stop Loss= 0.09456
Risk/Reward= 1:1.25 | 1:1.91 | 1:2.86
Expected Profit= +29.72% | +45.52% | +68.14%
Possible Loss= -23.86%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 2x
Estimated Gain-time= 1 week