When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support .
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it,...
💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀
💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains...
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.
📊 You can see the general analysis and trend of the Tron currency in the photo, this currency was analyzed before and we saw its growth exactly from the bottom of the specified channel.
🕰 Time 4 hours:
📊 With the failure of Medline, we see a good growth of this currency.
⚠️ But this growth indicates a correction!
This correction may continue until the midline...
TRX Price $0.133197
TRON ROI 6909.8%
Market Cap $9,544,890,728
Market Cap Dominance 0.38%
Trading Volume $5,067,746,034
Another coin that fell off many people's portfolios after the broken hearts and lack of movement after the 2017 hype. Here are a couple of my proposed scenarios. In order for me to maintain a longer time bias to the upside and to maintain...
hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron (TRX) rose to a multi-week high on Thursday, on the back of reports claiming that the blockchain sees nearly 5 million daily transactions.
TRX/USD peaked at 0.08322 earlier in the day, which comes following a low of 0.08043 the day before.
As a result of today’s gains, tron has now...
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...
TRXUSDT is clearly one of the strongest coins in the recent months. It has established a clear long-term uptrend, where the resistance has flipped into the support.
We have placed a limit order to go long on the Tron, and we expect quite a strong uptrend to start this week.
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...
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...
hello, welcome to this TRX/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Tron is the current outlier in our list, as it managed to register an increase of 1.8% this week. This is surprising, considering most altcoins are in red
This performance can be explained by the price action, which placed TRX in an uptrend since the start of the year. The price has been...
TRX has been trading in a very stable uptrend since the November FTX lows. Whilst the market has seen a lot of volatile ups and downs, TRX has been very gradually increasing in value.
Most important aspect of the chart is the bottom support of the parallel channel (the top resistance is a direct copy of the bottom support). This support has held 5-6 times already...
Hi, welcome to my analysis.
We know that many crypto perform bearish this year, but not for Tron.
This bullish channel up start from mid Nov 2022 and still perform till now.
If you wanna follow this wave, we have support line at 0.07532 or around channel up support to buy with target at 0.09314 at channel up resistance.
Don't forget to support, if you agree...
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)...
Tron's Ethereum trading pair has been trading at lows within the bounds of this range since near the end of 2020, and now as price approaches the end of 2023, We can see that it is attempting a Partial Decline, which can only be considered a confirmed Partial Decline once and if price hits the top of the range again from here rather than first making a full...
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...
