Price is trappedTRX price has been trapped between two downtrend and it is some how trading. for growth, TRX need to break upper trend line. trend which is under the price, is now supportive and if break it, it will Fall
EMA 200 is also a great support for TRX and have support price three or four time in past
Trxusdtechnicalanalysis
TRXUSDT , In the exactly way of 1st target ...Hello guys
According to our last analysis we shown on chart buy zone area and exactly that zone was activated and with ascending cover candle we can take long position and buy TRX and wait until 1st target , and this time the market exactly is moving like our prediction and in the way of first Tp , we should wait for take new position after first Tp reach we can update chart for others target and we will publish new chart
And others things is in these 2-3 days Justin Sun is in dubai in Seminar of blockchain , this is a good news that can jump the price
Be patient and enjoy your profit
Previous analysis
Be with us and sleep comfortably
Good Luck
Abtin
Tron TRX Ready to MOON LONG NOW !!??? TRON TRXTaking a look at price action you can see that the most recent pullback was a retest of key support and resistance and on top of that we formed hidden bullish divergence on the daily time frame !!
A short term break and rest of our most recent high which lines up with an area of support is holding strong
In my view holding this level could allow us to run up to the next level of resistance
If we execeed that level expect TRX to ATH 30 cents !!!!!
TRX 12h How much more to grow The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :)
Since then, the price of TRXUSD has managed to fall by -65%:
The TRXUSD price has been rising almost uncorrected for the past two months and has almost worked off all of its losses.
The TRXUSDT price has been trading in a 20% corridor of $0.10-0.12 for the last few days and most likely, buyers are preparing for another upward momentum.
To confirm their strength, buyers should at least keep the TRX price upper $0.10 for the next few days and at most hold above $0.12.
We assume that the growth retardation can start in the range of $0.13-0.144 , in this zone fully compensates for the May fall. Deceleration in this area may be provoked by the fact that traders, who had been in a drawdown for 5 months, will want to fix position at break-even and forget about this negative experience.
If the area of $0.130-0.144 will not have critically large trading volumes, it will be a signal that the sell-off time has not come yet , and the growth itself may continue at low volumes, as it has been doing for the last months.
Targets for a move higher are shown on the chart — $0.155 and $0.169
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TRXUSDT(1D chart) - Trend Breakout!TRXUSDT (1D Chart) Technical analysis
TRX/USDT(1D Chart) Currently trading at $0.114
Buy level : Above $0.111
Stop loss: Below $0.081
TP1: $0.136
TP2: $0.166
TP3: $0.203
TP4: $0.252
Max Leverage 2x
Always keep Stop loss
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TRXUSD AnalysisTRX slipped down on its charts over the last 24 hours and was trading at $0.102. The altcoin had registered a multi-month high yesterday, however, it failed to topple the $0.104 resistance. Its immediate support zone lay at $0.0958, the additional support lines stood at $0.088 and at $0.0816. it's been three weeks since TRX last traded around $0.0816
Buying pressure fell near the 60-mark on the Relative Strength Index after the asset was overbought over the last 48 hours. Awesome Oscillator registered red signal bars. MACD’s green histogram receded and a red histogram was visible.
Feel free and get in touch for more updates, signals and trade alerts
TRXUSDT Is about to Breakout of the Triangle
Welcome back Traders, Investors, and Community!
Hi Traders, TRXUSDT on H4 if it breaks above the Resistance line there would be a possibility for long. If it breaks below the Support line it might go around 0.059 before it goes up
⬆️Buy at 0.059 or Buy at Resistance Breakout
⭕️SL @ 0.055
✅TP1 @ 0.073
✅TP2 @ 0.082
✅TP3 @ 0.092
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
TRX / TRON IDEATRX going in the dip.
but it shows unbvreakable support, and now on its way thou bounce back.
seeing that tron's CEO working on many projects and buy Bitcoin in the dip also with some purpose, the chart immediately show positive response. if Tron could break its key resustance, it could create all time new high if i see from the pole before the dip, this just on my opinion, but possibly be true.
TRX 1D Draws "Head and Shoulders" and down?Let's take a look at the global picture of TRXUSDT
It can be seen from the graph that from September 2020 to February 2021 TRX was actively purchased in the range of $0.025-0.035.
And then, after such a consolidation, a logical shot up. The market managed to raise the value of TRXUSD by 500% - whether it is a lot or a little for TRX investors we don't know, we are simply stating a fact.
During the last month, the price of TRXUSDT has been drawing a pattern similar to H&S. Falling volumes during the last trading month strengthens the possibility of working out this pattern.
What we can expect from the Tron price in the future?:
1) The critical level from above $0.155, if it cannot be broken upwards, then a strong fall in the TRXUSD price cannot be avoided.
2) The base of the theoretical H&S is in the area of $0.10 and if the price pierces it down , then the first liquidy zone that will meet a fall will be $0.05-0.06
3) Most likely in the zone of $0.05-0.06 there will be a consolidation, where it will be decided: the price of TRXUSDT will rise again to $0.10 or fall even lower to $0.025
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TRON TRX - Breaking Out of Ascending TriangleThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Expansion in Volume
3. Price forming an Ascending triangle pattern
4. Following a rough uptrend line
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk