TRXUSDT BULLISH ANALYSISit seems that it will start an uptrend and the sellers are weak so if it breaks the dotted line and re-test it will blow or it might re-test the upper part of the tunnel support and then blow.
TRXUSDT trade ideas
TRON (TRX) showing a strong uptrenddaily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis.
TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory (above 70), indicates strong buying momentum.
The Moving Average Convergence Divergence (MACD) is also in bullish alignment, with the MACD line above the signal line and both residing above the zero line, further reinforcing the strength of the current uptrend.
Looking at the Smart Money Concepts (SMC) indicators such as Break of Structure (BOS) and Change of Character (Choch), there have been significant shifts in market structure indicating potential smart money activity. The BOS markers preceding strong directional moves suggest that institutional money may have been a driving force behind these price changes.
Fibonacci retracement levels show that the price has surpassed the 0.618 level, which in many cases acts as a resistance turned support level. This could indicate that if a retracement were to occur, the price might find strong support at or above this Fibonacci level.
The Volume Profile Visible Range (VPRV) indicates that there is a substantial trading interest at lower price levels, suggesting that if a retracement were to happen, these levels could act as potential areas of demand.
A potential harmonic pattern can also be identified, with the price trajectory suggesting a completion near the 0.786 retracement level. This pattern often signifies a reversal point, and as such, could indicate that the current uptrend may experience a reversal or significant retracement upon completion of the pattern.
From a smart money perspective, traders would be observing these levels and patterns to align their entries and exits with the anticipated institutional movements. The alignment of strong technical indicators with smart money concepts presents a compelling narrative for the current and future price action of TRON.
Traders should closely monitor how the price reacts upon reaching significant Fibonacci levels and harmonic pattern completion, as well as any signs of weakening momentum or trend reversal indicated by the RSI and MACD, to make informed trading decisions.
TRX NEW ENTERY VOLUMEThank you for reading this update.
TRX seems to have entered a new volume trend which we will follow for confirmation.
We will see if it's able to be confirmed in the coming time frames.
TRX can have a slow volume. known from slow building trend.
TRX Has a very healthy Chart.Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 46 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Tron(TRX): Major Resistance Is About To Be Broken! Tron has reached that major resistance, which is marked as the ATH zone as well (since 2021).
We are looking very closely at the weekly time frame to see where the candle will close.
From there on, we will decide if our potential short setup will be valid or not. Now all we can do is wait and be ready!
Swallow Team
Bullish A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
TRX Start For RaisingIf TRX breakout Red Line (Dynamic Resistance) Ready For Raising To First Static Resistance
Here I buy TRON at $0.13While your eyes are frozen only on bitcoin lately
I was looking for another altcoin to buy today (preferably a high cap) and I liked this one:
$TRON.
So I'm slowly loading my bags here at $0.13 while everyone is only watching bitcoin.
You know, I've already worked on bitcoin, I longed it down there twice at 32k and 36k, the fomo started there like I said and till now it's still here being fomoed. But now it's time to let go and move on. What happens to it from now on doesn't interest me anymore until I open another trade on it.
That's why I'm going to get this blockchain off the ground.
Now hit the laugh reaction so I can laugh at you ahead.
See you up there.
160% GAIN for TRX?After succesfully trading the downwards move, its time for the real trade.
Trade plan:
Wait for Bitcoin to hit 20k ish, then trade this setup till the target / btc at 35100 (gap)
Always do your own research and trade with good stops.
This is not financial advice
Stop ignoring TRXHere is one last update for TRX chart. I relentlessly advocated TRX bullishness in the last few weeks.
TRX makes a real stand in the middle of fear and doubt.
Have a look at this chart. What do you think is going on here?
TRXUSDTTron BINANCE:TRXUSDT breaks its weakly time frame (logarithmic) trend line
i think its good for buy and hold for few weaks
TRX SHORT SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
TRX inteligentassetbullish scenario
resistances 0.1277 pivot high & horizontal, 0.145, 0.168 ATH
bearish scenario
supports 0.118 in 13 ema, 0.11 in 50 ema, 0.105 upper limit channel
TRX/USDT Trading Scenario: TRX Accumulation
We are considering the scenarios of TRX development and initiating purchases of the asset.
Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of the asset during this period.
It is also worth noting that while the price of BTC is decreasing, this asset continues to show stable growth. This may indicate its strong position and potential for further growth, despite the overall market direction.
However, given the current market scenario, there is a possibility of a correction in the price of the asset along with the overall market movement.
We are considering the possibility of entering a position on the TRX correction. We plan to start accumulating a position when the price reaches around $0.10528 and consolidates above this level. If the price declines to the sloping trendline at approximately $0.09689, we might also consider adding to the position.
This approach is based on the desire to enter a position at an optimal level that will support our risk management strategy and increase the potential profitability of the trade.
TRX-USDT / 4H / TECHNICAL ANALYSISBINANCE:TRXUSDT I have set the resistance at 0.13017, support at 0.09559, and the daily pivot point at 0.10475 for TRXUSDT. My target is 0.12308, and this target remains valid as long as the trend line is not broken.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
#TRX #LongIn the daily time frame, it can have a short-term target of 8 cents and then 10 cents.
The level of invalidity of range analysis is 0.5493
TRXUSDT ?
I like this one.
It's got good potential making new highs.
Becoz it had been up for a long time.
For me; it need to respect the trendline.
If it touch .11 .105
it's gonna be off tune
So far.. up up and away.. .12 .13 stepping up style
All the best
#TRXIt is moving in a medium-term ascending channel in H4 time, which is currently above 61.8 Fibo. If the current area is maintained, it will have the ability to reach the red box area. Otherwise, it can make a correction to the lower area of the demand area. and then, if approved, he can move up to the roof of the channel
Tron(TRX): Waiting For Rejection!TRX has had a very long bullish run without any proper corrections.
We are looking to see that upper resistance to be reached and a potential small correction to take place (leading price to touch at least 100 EMA, and who knows, maybe even 200EMA as well)
Swallow Team
TRX ANALYSIS🔮 #TRX Analysis - Breakout Trading
🌟🚀 #TRX was trading in a "Cup and Handle Pattern" and here we can see that #TRX gave a great breakout. We can see a bullish move immediately or after a retest of neckline 📊📊
🔖 Current Price: $0.11728
⏳️ Target Price: $0.15096
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#TRX #Cryptocurrency #Breakout #DYOR
trx about to explodeWith all other cryptos in the dumpster, tron has atually maintained its price and has been increasing steadily. If past patterns are any indication, this trend will turn parabolic (most likely in my opinion) or reverse spectacularly.
