Technical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price...
Technical analysis: . TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary...
Hi guys, Today I have brought you TRXUSD in the 4 hour chart. TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or...
TRON was rejected on a new Lower High, which is keeping the Channel Down on 1D intact (RSI = 49.394, STOCH = 49.564, MACD = -0.002). The next TP = 0.030110 (March 09 contact point) is expected to get hit on a weekly horizon. 4H has already started reversing (STOCH = 40.469, Williams = -62.354, Ultimate Oscillator = 40.621).
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
TP = 0.034219 (March 22 contact point) hit, as TRON complied perfectly to the projected Channel Down pattern on 4H (RSI = 30.223) after a smooth rejection off the first pitch resisting line (red dots) seen by the low Highs/Lows = -0.0013, B/BP = -0.0025. Those however indicate a more steady decline that will see hitting our next TP = 0.030110 (March 09 contact...
Adam n Eve from my previous prediction hit the target very precisely but every downtrend will not last forever. We still might drop a bit to meet the bottom line of current falling wedge before the uprise.
TRON consolidated a little longer than expected on 4H, but is still kept below the resisting trendline since May 30th (red dotted line). Even if this is crossed any upside attempt is limited to 0.046047. Every rise is a short opportunity according to the 1D Channel Down (RSI = 36.702, Highs/Lows = -0.0008, B/BP = -0.0015). As a result the now borderline neutral 4H...
Hey, I am back with another Technical Analysis, this time again looking at Tron. Tron had succesful main net launch and strong fundamentals , great community and great project. Tron has hit 1000 area twice , and after that the profit taking downtrend has started, there was one great preparation at 750 level in my another Tron idea , which has failed to...
I dont like HODL approach in general 1) price went down to squizz weak longs. 2) look to add more TRON / XRP / ETH when I see TL breaking on crypto
TRON's team announcements for the end of June are promising and TA is eager to show some gains.
TRXUSD broke the projected 4H Rectangle on an extreme price action but resumed the downtrend, crossing again the intermediate of the 1D Channel Down (RSI = 34.144). Naturally since the price trades around this pivot, MACD= -0.005, Highs/Lows = -0.0029, B/BP = -0.0074, are virtually neutral. This suggests that the downside potential is substantial. With 0.049470...
3 possible price for tron to find support before "mooning" as we are all waiting for.
Hello everyone! TRON needs to break the .0427 resistance in order to have serious upward bullish momentum. Look for any break in the resistance it could potentially mean TRX could go through the roof. TRX has been bouncing up and down in between the support of .0409 and the resistance of .0427 for some time now. Upcoming we are expecting to see a bullish push in...
TP = 0.046047 hit as the 1D Channel Down (RSI = 31.543, Highs/Lows = -0.0062, BBP = -0.0119) extended to a new Lower Low. The current support is the 0.039841 March 11 contact point, with March 22 = 0.034219 and Narch 09 = 0.030110 just below supporting on a 1W level. There may be two similar Rectangle patterns on 4H, so after a quick consolidation, we expect the...
The price of TRON (TRX) reports an increase of 4.10% today Thursday bouncing strongly in the pivot R1 in this 4H chart and its current price is $ 0.0413. TRON continues its Bearish trend and it seems that it wants to stay in the middle of the Bearish Channel, For now the Central Pivot Point is holding the price but a breakout of this could take it to the bottom of...
Tron continues to slide lower under the selling pressude of the underlying 1D Channel Down (RSI = 42.197, STOCH = 24.242, ADX = 37.549), though on a much slower pace (MACD = -0.004, Highs/Lows = 0, B/BP = -0.0054) than it did on May. Due to the trade above but near the Pivot Point, 4H is neutral on RSI, CCI, Highs/Lows indicating less chances to make a Lower High...