TRX Ready for Parabolic Bullish Cycle ⬆BINANCE:TRXUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
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.
After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and is starting a new bullish cycle. From the left we analyze the trend lines to get targets for the next bullrun and on the right we take a quick look at technical indicator CryptoCheck START V3.5 to confirm the bullish bias.
INCASE YOU MISSED IT : 👉 Another altcoin recently formed a bullish pattern:
_______________________
📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎
We thank you for your support !
CryptoCheck
Trxusdt
TRX/USDT: TRON Confirmed breakout for LONG tradeAs we can see from the chart, TRON has a clear breakout from its resistance. This is a good time to enter a LONG trade.
Entry Price: 0.104
StopLoss: 0.100
TP1: 0.1068
TP2: 0.1105
TP3: 0.1128
Like and follow us and share your thoughts in the comments.
Cheers
GreenCrypto
TRX Looks BeautifulMartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
TRX looks beautiful and will continue to moon. This pattern is know as a pressure cooker and is very powerful.
This chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
MartyBoots
One step forward and then correction📊 You can see the general analysis and trend of the Tron currency in the photo, this currency was analyzed before and we saw its growth exactly from the bottom of the specified channel.
🕰 Time 4 hours:
📊 With the failure of Medline, we see a good growth of this currency.
⚠️ But this growth indicates a correction!
This correction may continue until the midline of the channel, which is 3% lower at the price of 0.08014.
But considering its growth up to the green range, which is the beginning of the resistance range, it may grow
♨️ The strength is growing and it is possible that it will grow up to the ceiling of the channel, i.e. the price of 0.08500, and then we will witness the fall of this currency to the said support.
TRXUSDT Weekly TimeframeHello, Hope you all doing well well !
Lets analyse the TRX on Weekly timeframe for a long term investment. :)
It seems that price is making a triangle with 5 waves ABCDE. According to "fib time zone" tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart.
Don't forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap.
3/23/2022
**This analysis is not an incentive to buy or sell and is purely educational.**
TRON/BTC , Ascending triangle , timeframe 1 weekFormation of an ascending triangle on such a large timeframe.
Working out of the previous descending triangle is shown by red lines!
Price is clamped in the triangle, volumes are decreasing, there is a possibility of accumulation of coins before the breakout and achieving the specified goals
Thank you for your attention
TRX/USD Main trend. Cup with handle. Triangle.The main trend(most of it). Logarithm. Weekly chart.
Coin in coinmarketcap : TRX
An idea to understand the trend and visualize the formation of a bullish formation in a bear market and such large size. The reversal/jamming zone is yellow levels. Quite a long time the price is squeezed the final phase of the triangle. Volatility is decreasing. At the decoupling, the exit is very likely to be momentum by a significant percentage.
Linear, to understand the trend and clarity of formations. A cup with a handle, a large triangle with a base of about 200%.
Candlestick chart with the same parameters.
Secondary trend. Close-up of the triangle area.
Pair to bitcoin
TRX/BTC Main Trend. Linear 1 week. Rhombus 250%
TRX flight is not over yet!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, another coin for your TRX feed, which looks like a continuation of the upward movement.. You can try to act with the current ones with a little good below.
Deal plan:
Entry - 0.10837/0.10103$
Stop - $0.8938
Take - $0.13
Guys, follow risk management, this is, first of all, an altcoin that can show high volatility in the moment!
Tron TRX price knows how to surprise with its "maneuvers"The TRXUSDT price often moves differently from the rest of the market.
This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time.
So, the other day, the TRXUSD price hit a strong mirror level of $0.09. Now TRX price is undergoing a correction.
If you believe that Tron's growth trend has not yet reached its culmination and will continue to move in a similar manner to 2020, then buying TRX closer to $0.072 is for you.
However, if the TRXUSDT price consolidates below $0.068, the decline may continue, at least to the range of $0.052-0.055
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Is TRON leading the market? When will market crash?Tron has shown extreme relative strength in down market
Tron held up relatively very well. It fell less than ever bitcoin this bear market. That is a strong indication of relative demand. Important to keep in mind that not only was it relatively strong from a technical standpoint, fundamentally its users/fees was extremely relatively high. It looks like one of the biggest value plays in crypto and its moving as such.
Keep an eye on USDT for when market crashes
If USDT starts to drop then we can see cash being pulled out of the system rather than just cycling thru to either BTC or ETH (or TRX?) or TOTAL3. The rotation of capital is a nice cycle but it does always lead to eventually a net redemption of stablecoins as capital rotates out entirely to book profits and look to other markets (bonds/commodities/equities). Keep an eye on USDT for this moment!
TRXUSDT #3 ( Ready to start big bullish rally ) Hello dear traders .
Good day .
TRXUSDT broken important monthly Gann Arc Resistance and after retest support will start bullish rally to about 0.1092 Price which is 0.5 fib level of monthly Gann Box resistance.
Good luck and safe trades .
Thanks for your support and comments .
TRON swing trade longTron had one of the best relative strengths this year compared to the whole crypto market. Recently it broke the ascending channel and retested it within the same zone at a bigger Fibonacci level.
Here we can see the bigger picture at weekly timeframe.
A 2 RR is determined for the trade. Although it is near the resistance, but the support seems good enough to take the risk. Bitcoin is not showing any weakness either & US Bond market showed few big red candles last week too.
Take profit target can be extended with proper trailing stop loss.
Entry: 0.09921$
Stop Loss: 0.09660$
Take Profit: 0.10442$
TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area.
On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect.
If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
TRX/USDT Break the key level area. Rounding Bottom Confirmed!💎 TRX has undeniably made a significant impact on the market with its Rounding Bottom pattern and the successful breakthrough of a key supply zone, signaling a bullish momentum for TRX. However, it's worth noting that TRX has not yet undergone a retesting phase at the demand area, which was previously a supply zone.
💎 Due to this, there's a possibility that TRX will enter a retesting phase at around $0.91 to confirm the continuation of its upward movement. It's conceivable that after a valid retesting phase, we might witness a substantial bounce from the demand area, probability propelling TRX toward our target, the major supply area.
💎 Conversely, a less favorable scenario would materialize if TRX retests the demand area within the range of $0.91 to $0.885 and experiences a breakdown. In this scenario, TRX would transition back to a bearish trend, potentially resulting in a downward movement, with testing areas at $0.717 and even the formidable support area.
TRON (2023) v BTC (2016)Tron (TRX) has been a legacy coin that has held its own and carved out a niche
Most legacy coins have faded away into obscurity as they've been unable to find a usecase or adoption. They may still have high market caps and may still turn things around but as of now many older coins are falling down the ranks. New coins are eating up dominance. Not for Tron. Tron has consistently been raking in fees and holding a relatively very low fee to price ratio (according to tokenterminal).
$3m in daily fees v SEED_TVCODER77_ETHBTCDATA:8B FDMC
To put into perspective.. Ethereum has had $3.4m fees in the same 24hr period and has a $200b+ FDMC. This makes Tron look wildly cheap into those isolated terms. According to Tron they'll continue using fees to burn token supply. Essentially share/token buy back program. With SEED_TVCODER77_ETHBTCDATA:1B in yearly fees and SEED_TVCODER77_ETHBTCDATA:8B in FDMC.. in 8yrs time 1 single TRX will be worth SEED_TVCODER77_ETHBTCDATA:8B (all things remaining equal.. they wont).
This creates an interesting opportunity to keep an eye on.
From a TA perspective we have a very bullish structure on TRX
This structure is reminiscent of BTC back in 2015/2016 in the build up to the 2017 bull market. Check video for more details on the technical side of things.
TRXUSDT Limit Long is about to TriggerTRXUSDT is clearly one of the strongest coins in the recent months. It has established a clear long-term uptrend, where the resistance has flipped into the support.
We have placed a limit order to go long on the Tron, and we expect quite a strong uptrend to start this week.
TRX can have a crash (has an educational point)TRX can have a crash
There is an educational tip here, pay close attention:
Educational tip: When we have long shoadow, the price tends to fill 50-60% of these shodows and then continue in the opposite direction. If a CH is in the opposite direction of the long shadow, we have more confirmation.
If more than 70% of the log is filled, it is possible to pass the log.
Above 0.07679: Expected to create a new upward waveHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning.
Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading.
In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD).
(TRXUSDT chart)
If the price remains above 0.07679, it is expected to create a new wave.
(1W chart)
It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964.
(1D chart)
Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created.
Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone.
Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
2$ TRX ?Logarithmic chart shows tron in a massive triangle which is holding for now , if the market doesn’t fall bad and keep how its going and if triangle doesn’t break down then i think 2$ for trx is an appropriate target at the end of 2024 and peak cycle , it showed a good strength and also having a greatest daily usage by user , china entering and legalisation the crypto market will also be a good point for tron .
TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀
💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur.
💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level.
Keep your charts updated and Stay one step ahead of the market 🌴