*** *** For this particular analysis on Tron we are using the TRXUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where TRX broke today aggressively above its 1D MA50 (blue trend-line) which has been the medium-term Resistance since August 19 2022 and is headed towards the 1D MA200 (orange trend-line). This is currently exactly on...
The chart pattern formed before the bars pattern is acting both as a symmetrical triangle and a bullflag This can lead to a massive jump in price very quickly The bear market hasn't even made a dent in the prices formation of this structure I expect this from TRON aswell, being a large and relatively popular blockchain Things like this can happen Weekly chart
JST looks like it has formed into a perfect Neowave Zigzag. Wave-b is a perfect irregular flat, wave-c is shorter in price and more complex than wave-a, and equal to exactly 50% of a+b in time. The Large Wave-B is related to 161.8% of wave-A in time. In the shorter term wave-5 of c is related to 50% of 3+4. All time targets are being hit here at the same time this...
Based on technical factors there is a Short position in : 📊 TRXUSDT - TRON 🔴 Short Now 0.06217 🧯 Stop loss 0.06343 🏹 Target 1 0.06110 🏹 Target 2 0.06000 🏹 Target 3 0.05840 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Keep your eyes on Tron. TRONUSDT is closing in on the end of a massive pennant on its daily chart as is its TRXBTC trading pair. The daily MACD is bullish, breaking above the zero line. I think the only thing that ruins this party is if the DXY continues its upward trend and pushes BTC and the crypto market lower. My eyes will be on the DXY for a breakdown or...
Hi friends! TRX is moving slowly to it`s targets. I think that the pullback ca help him to reach the targets much faster. Local dump force the weak hands sell their TRX with discount to the wales. 📊 The preconditions to open a long are next: 🔥 pullback to the $0.59-0.62 value area and test it as the support(!) 🔥 the volume growth which confirms the pressence...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) The key is whether the price can sustain above 0.06236 to break out of the mid- to long-term downtrend line. (1D chart) The key is whether it can move above the downtrend...
🟡 BTCusdt ⏰ Daily 📅 Oct / 03 / 2022 ⚪ I have shown Close resistance and support with orange and green box. 🔴 Resistances : 19800 $ 20385 $ 20706 $ 21888 $ 22488 $ 22799 $ 🟢 Supports are in the chart ---------------------------------- 📛 Follow the market trend and decide to buy or sell. ⚠️ (This isn't a signal for buy or sell)...
Price needs to close above $0.062 in order to aim for the 5h supply at $0.0635 where we would be looking to short from. For now, the price has returned from the $0.062 resistance
The main trend (most of it). We see a huge bowl of about 800% of the main support liquidity zone formed in the long-term trend. From the zone of its resistance pullback (secondary trend). Which has formed a triangle, which could act as a "handle" to this huge cup (a cup with a handle) in case it breaks up. Coinmarket: TRX Secondary trend. Triangle Zone....
It seems that the trend will change and move downward from here on Of course, all this depends on Bitcoin, we have to see what Bit does
TRX has been trading in a relatively tight range since last year, that range is coming to a point now and it seems like, based on EW structure, that this triangle should break up within the next few weeks. If it doesn't break up in the next few weeks then we'll probably see it continue to consolidate into the tip of the triangle until the end of the year, before...
Colliding with the roof of the channel, what do you think, friends, can it break the channel upwards?
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) Whether the price can rise above 0.06236 and sustain is the key. (1D chart) You need to check if you can support and rise in the 0.05989-0.06427 section. Otherwise, it is...
Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum . With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this...
In this idea I am drawing a descending triangle to show the catalyst that should bring us to the bottom. Descending triangles tend to breakout to the downside and then the price action curls up to begin an uptrend. This idea takes into account many things such as and not limited to Fibonacci, Bulkowski, and correlation with Bitcoin. The difference is that with...
TRX | TRON | How Can The Price Go Up Again? TRON is very good crypto compared to many that are in the market. However, this is a personal opinion:) From the technical perspective, the price is moving within a "Descending Channel" Price can actually do an ABC movement or ABCDE movement... In both situations, we need the price to bounce above the pattern in...
The monthly trend shows that the fall is too much. My analysis is that the price will grow * Buy from the lowest point of the candle.