After reassessing the wave structure on TRX with Glenn Neely, particularly the structure which began at the high in 2021 up until now, it seems to indicate that we are in a complex correction which began with a triangle and is now ending with a diametric. If this is correct, TRX should be beginning the next phase of the bull market now. This would mean that we...
Tron is having a bearish pullback and trading in the daily range zone where we will continue to see a slow and choppy price action. A bullish reversal from the current price location reclaiming $0.132 will result in a slow upward move to $0.138. A confirmation of a break-out of $0.132 will push TRX price towards $0.126. Intraday Chart The TRXUSDT...
Using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.10 - $0.11 range for TRX Tron!
Exciting news for TRX enthusiasts! The TRX cryptocurrency has successfully hit its third target, experiencing a remarkable 74% surge. The current price stands at an impressive $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for...
Logarithm. Time frame 3 days. The ascending channel in the lower part of the big triangle. Local work in it from the key support / resistance levels. The whole range of this channel on a larger scale. . Everything is more detailed and shown in the ideas of the main trend. . TRX/USD Main trend. Channel. 17 11 2023 Note where this zone (channel) is in...
TRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next. TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and...
Trading Setup: There is a Trading Signal to Buy in TRXUSDT Tron (h4) (futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.136 ⭕️SL @ 0.129 🔵TP1 @ 0.155 🔵TP2 @ 0.169 🔵TP3 @ 0.195 previous idea What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
Take profit points are in the chart. 5$ will be the cherry on top.
TRXUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank...
#TRX/USDT Analysis Description --------------------------------------------------------------- + TRX has been moving upwards slowly while forming the cup pattern. + This slow move of the TRX has given it enough time for the accumulation + Once the price breaks this resistance line i'm expecting back to back God Candles. + This is a good opportunity to enter a...
TRX broke above 2021 SEPT-DEC resistance $0.120. as long as price above $0.12, we are still bullish with TRX. next resistance 0.160 is MAY2021 high MACD sloping up , indicate momentum is still favor to the bull. DYODD
Nothing special. Just a few bullish patterns breaking at the same time. Don't bully the bears!
Hello friends, I hope you are doing well. You can see the popular Cardano currency in the 4-hour time frame. Now it would be a good place for us to have an analysis of this currency. In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag...
daily 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...
This coin and ecosystem still has life as show in in the charts. Even if its just a network to move dollars around in SE asia That's a good enough usecase , considering the size of the population in that part of the world. Therefore the gas token #TRX would very much be needed. and positive price actions, sparks speculative juices which feed on the price.
Thank 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.
Tron has confirmed a Hanging Man just above the PCZ of a Bearish Butterfly, it starts to play out I think it will come back down to meet the trend line at the 61.8% retrace as the current move above trend also happens to be a bit overextended.
TRON ( CRYPTOCAP:TRX ) executed a substantial token-burning event on February 14th. The initiative saw the elimination of 9.9 million CRYPTOCAP:TRX tokens from circulation. This decision aligns with TRON’s commitment to implementing deflationary measures and fostering value growth within its ecosystem. The token burning event has already shown tremendous...