TRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern, price pulled back near $0.073 support and broke back above $0.08 resistance to resume uptrend, with upside to $0.086. It is also positive to see that during this recent downswing, price reached a bottom at ~$0.07 which was higher than during the prior major...
Weekly Chart Tron BINANCE:TRXUSDT has touched 4 times and bounced back from support by ascending trend line. Chart 4H TF Tron is in consolidation phase in range 778 - 795. It needs to confirm the support before go up on. Wait for next move
hello everyone... as you can see trxusdt made a H&S pattern but we have not any confirmation that is a reversal pattern or a continuous one, however, the daily time frame shows us a bullish trend: but it is great if we get a position after the breakout, so if the neckline breakout you can get a long position! _______________________________ always do your...
On the daily chart, there's an upward trend pattern. Right now, the price is testing a barrier at $0.078. If it manages to break through this level, we can expect the price to continue rising, possibly reaching $0.085. However, if the price can't surpass this resistance, we might see it drop down to around $0.072. Additionally, the Relative Strength Index (RSI)...
This is a follow-up to this trade below: TRX has been holding up here in this zone despite the bearish price action on the macro, has recently started to press up against the resistance zone above, and has also once again defended its bullish trend line. If this price action continues, we could very soon see TRX jump up to the upper end of the range at around 18...
Tron blockchain is necessary and I don't see much decline in it. It has performed well compared to others during the crypto crash. The price pattern is rather good. Waiting for point c would be ideal, but I don't think that point c would be a heavy drop considering the specifics of the trx movement. Point b is also currently in progress, which already indicates a...
Hi Traders, Investors and Speculators of Charts📈📉 TRXUSDT has turned bearish in the short term Timeframe. From a technical indicator perspective we see clearly that the trendline has been broken and now the price is closing candles UNDER the trendline. This is bearish for the short term. However, from a weekly outlook, Tron is still bullish. This could mean...
TRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern and below $0.08 support, price pulled back near $0.073 support, which could be an attractive swing entry, with upside to $0.08-$0.086. Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is above...
Tron needs more time to show the structure,I think after wave g it will start a big ascending wave and its easier for analysis.
Paradisers, 💎 TRX is currently moving in a positive direction, shaping an ascending channel. It looks like it might follow the Elliot Wave pattern from 1-5. 💎 Right now, TRX is in a high-demand area, suggesting a continued upward trend. 💎 Just a heads up: it's a good idea to keep an eye on the lower low area. If the price goes below this, it could indicate a...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT chart) The key is whether it can get support around 0.07679-0.07760 and rise above 0.08051. If not, and it goes down, 1st: 0.07288-0.07192 2nd: 0.06427-0.07025 You need to make sure...
TRX experienced significant growth within its ascending channel, surpassing the resistance of the previous ceiling and reaching a price range of $0.080. If the $0.070 level, which was previously a resistance, can now act as a support level, it is likely to trigger a positive response within this range. However, the price has recently undergone a correction, and a...
As indicated on the chart, the elliot wave cycle is completed This is only a SPOT TRADE. TAKE PROFIT : Levels mentioned in blue dotted lines. STOPlOSS : Use accordingly It can go oppsoite if btc dumps so do proper Risk Management. NFA, DYOR
TRON (TRX) technical analysis: Trade setup : Price was trading in Channel Up pattern but got rejected at $0.086 resistance again, just as it did in June. Now it had a bearish breakout from Channel Up pattern and below $0.08 support. Price could pull back near $0.073 support, which could be an attractive swing entry in Uptrend. Pattern : Price was trading in a...
TRX had a downward spike in previous market movement, and we can look at this upward price movement as a correction (CP). Price got close to the gray order block but didn’t get a chance to enter, but if you look closer, you can see it did a Double-top with the Pin-bar shown with the red line .. and made an excellent downfall after that .. now the price is near...
Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds. Entry - $0.07899 Target - $0.08259 Exit - $0.07800 RR - 3.46
Fundamentals: TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS. This project is best described as a decentralized platform focused on content sharing and...
Tron is still rock bottom and as you can see still moving up dragging itself along the bottom of this channel. So what to expect is constant gains in large percentages to break free from the uptrend line for Tron to have room for a healthy trade environment. Therefore Tron is way undervalued. Expect the bullrun to begin, and I believe Xrp has started it.