TRON (TRX) is in a DOWNTREND BEAR FLAG and from which he seems to want to get out of this flag through an ascending channel. The theory is that the bear flag should still come down. We will see. Anyway, TRX will move between $ 0.50 and $ 0.67 for now.
The 70-day resistance trend line is well broken :) If it can cross the 0.068 resistance, it can be expected to move towards the target of 0.082 to 0.089 in the short term and then move towards 0.11 and 0.13 cents. My buy is in the range of 5 cents and for the medium term with a target of 0.20 to 0.22 cents. trx requires patience.
I am not a fan of the Tron Foundation or Justin Sun by any means, but when I see a good trade I take it. This trade is highly dependent on Bitcoin maintaining a steady price action and not crapping the bed. As you can see by the chart $TRX is currently attempting to break out of a multiweek declining channel, I highlighted the $.065 level in green at a breakout...
This route is expected to happen in Alt Season facing this route. This currency has a lot of potential and is recommended for Hold.
We should see BTC make a decisive move one way or the other by the end of the week. If the epic rally continues and BTC Dominance climbs higher, Alts will bleed. Conversely, if BTC consolidates and BTC dominance falls, this setup will be invalidated or take much longer to play out. TRX is in a downtrend. Chart is pretty self explanatory. TRX has lost the major...
The price is trading within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) since May 19. A Death Cross is emerging and the patterns looks similar to that of May 2019. If that continues to play out, a test of the 2021 low is expected. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me....
Pretty similar as most of coins left one small leg up before some crucial pullback which is must buy in my opinion.
TRX LONG Head And Sholder BINANCE:TRXUSDT
TRON TRX +80%??? Big PUMP No es un consejo de inversión, haz tus propios análisis
As i have shown in the picture trx is going according to the trending lines which is downtrend. So buy accordingly, I have made some resistance and support which are according to previous charts. Let me know your thoughts on this. Follow for more TA
please put your stoploss on 0.0018500 SET AND FORGET
I Tried to describe Position in Video
Like all the crypto market, Tron is also in a clear downtrend. Yesterday the coin has broken under support and the road is clear for a 0.047 drop Sell rallies is my strategy
Two things that holding TRXUSDT from making a big move are the 50 EMA that's acting as a support and the down trendline that's acting as a resistance. The pair needs to break out from one of these to determine its next move.
see and watch :) There is a possibility of forming a pattern of head and shoulders ... If this happens, you can look for a deal in the yellow range ...