SUNCAT is one of the blue chip memecoins on TRON, with a strong community, consistent volume, and stable price. It's currently sitting at around $10M market cap.
From a wave perspective, SUNCAT has formed into a perfect Neowave contracting triangle.
Wave-a is the largest and most violent wave
Wave-b takes more time than wave-a and retraces more than 61.8% of...
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...
AMEX:TRX
DO YOU SEE WHAT I SEE?
MASSIVE ALERT!
When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets...
If you haven`t sold TRX before the previous retracement:
Now according to the widely-followed Elliott Wave theory, the potential retracement targets for Tron are $0.14, $0.13, and $0.115.
I anticipate Tron will reach $0.115, driven by the legal issues surrounding its founder, Justin Sun, which are expected to escalate this year.
On the H4 chart the trend started on Aug. 27 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.1362
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Trading Setup:
A Trading Signal is seen in the TRXUSDT TRON (h1)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.1553
⭕️SL @ 0.1534
🔵TP1 @ 0.1615
🔵TP2 @ 0.1657
🔵TP3 @ 0.1705
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading ...
I believe that this cycle's wave 1 and its correction are done. Wave 2 being a shallow correction at Fib 0.236 gives us some clues as to what to expect next. Here's why I believe Wave 1 and its corrective wave 2 are past us and how wave 3 has already begun.
RSI bearish divergence (usually happens between the tops of wave 3 & 5 price action)
Correction to a...
Trade setup: Price remains in an Uptrend. It bounced off of its long-term up trendline and 200-day MA, and resumed its uptrend. We removed it from our HOT list because it's overbought (RSI > 70) near $0.17 resistance, hence we're likely to see some profit taking near-term. We'd wait for a pullback. Nearest Fibonacci Retracement levels (possible support) are $0.16...
Trade setup : Price remains in an Uptrend. It bounced off of its long-term up trendline and 200-day MA, and resumed its uptrend. We removed it from our HOT list because it's overbought (RSI > 70) near $0.17 resistance, hence we're likely to see some profit taking near-term. We'd wait for a pullback. Nearest Fibonacci Retracement levels (possible support) are...
TRX Suddenly Jumps 10%, but Why?
The price of TRON is $0.084 today with a 24hour trading volume of 777 million dollar. This represents a 10% price increase in the last 24 hours.
TRON founder Justin Sun made it known on Twitter that TRON has expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge. "TRX is now fully accessible...
🚨 Trading Signal Alert 🚨
Hello, traders!
I’ve just updated my chart with a new set of indicators designed to identify key buying and selling opportunities. The vertical lines on the chart serve as clear signals:
🔴 Red Lines - Selling Phase: These lines indicate the beginning of a downward trend, suggesting it’s time to consider taking profits or shorting. Key...
In a move that could redefine the trajectory of the TRON network, Justin Sun, the founder and CEO of TRON ( BINANCE:TRXUSDT ), has forecasted an ambitious revenue target of $4 billion for the coming year. This projection, if realized, would be a landmark achievement for the blockchain platform, driven by a strategic pivot towards meme coins and adjustments to...
After the last post, TRON move up with confident to the level of resistant of 0.618 and this is really one of the best move so far. Note that this is the usual level of pullback and possible to re-test level of 0.5 or 0.382. We are near the last week of August, 2024.
TRON is on the move, and has made some massive gains today. There could be some massive gains in this crypto over the next few months. This is a great sign!
This has to be the biggest candle I've ever seen Tron produce. I've never seen the price go higher than the 0.15 cents barrier. Looks like this year might be different. I don't own any tron anymore.
This ascending solid white line s the neckline to an inverse head and shoulders pattern that tron is finally confirming the breakout from. Target is .1628 . *not financial advice*
