TRX seems to be completing a large bullish triangle, which has now ended wave D and we have entered wave E of this large triangle. The green range is a good place to rebuy. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
TRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco. In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up....
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...
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 $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for...
Trading Setup: There is a Trading Signal to Buy in TRXUSDT Tron (h4) (futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.136 ⭕️SL @ 0.129 🔵TP1 @ 0.155 🔵TP2 @ 0.169 🔵TP3 @ 0.195 previous idea What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
Take profit points are in the chart. 5$ 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...
buy some here and some from gray zone stop loss close below .1022
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 ( 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...
Ever since it broke up from the cup and handle pattern that I posted a chart about a week or 2 ago price action has been climbing the measured move line like a staircase this whole time so far. Always a remarkable thing to witness imo. You cant really get a good view of how it has been climbing this line on the previous chart idea I posted on it because its all...