TRXUSD trade ideas
TRXUSDT - Tron Lots of volume coming in on TRON. just looking at the volume profile. could be going into price discovery mode if breaks out above 5 cents. prev ATH is till about 4x from here . Watch out for TRX news
trx ideathis coin is very hard to chart , is so volatile. using the renko on the 1m i found a strong trend line from back march 2020 , the trendline stands at about 0.0460 so wrsot case it would be a good entry point (but doesnt mean it will fall that low) . also the upper part of the channel takes it to 0.0650 . one of the few coins that have not had any significant gains compared to the others. this is not a trading advise
TRX Price Ready To Jump As Bulls Are Getting Ready The daily chart of TRON hints at the start of a bullish move. On coming to the shorter time frame of 4 hours, the coin has formed a downward parallel channel. If the price breaks above 5% of the current position, it can see a rally of 25% in upcoming trading sessions. TRX price can also see a new low if it comes below the channel.
Kindly comment your thoughts below
TRXUSD good buying opportunity
- TRXUSD is retesting structure support
- Structure is pushing up
- Market formed a harmonic pattern
- Price was building in a symmetrical triangle
- Confluence of the counter-trendline support and local support area
- Overall trend is bullish
- Sentiment - Neutral
- ( Candlestick ) ??
- Plan is to go Long on a rejection of support zone
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
It's Time for Tron to Shine!Recently a resistance zone is transformed into a support and the price is rejecting this trend line perfectly. According to Fibonacci retracement expect the price to double! Good luck :)
Go fly a kiteTrx is in a diamond formation. I expect it will breakout topside. This will put my target at around .055.
Tron can give 20% return in upcoming daysthe coin has formed a triangular pattern. If the price breaks above 7% of the current position, it can see a rally of 18% in upcoming trading sessions. TRX price can also see a new low if it comes below the triangle.
The volume indicator is at 2.28M with the hint of lower buying pressure. If the price climbs above $0.06, then a strong buying volume can be seen.
Kindly comment your thoughts below
H&S TRX in weekly time break neckline in H&S and retest it , trend is so bullish and good news is coming , buy and hold for midterm bag
