TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke above the Ascending Triangle pattern, which is a sign of an Uptrend. However, price is getting overbought RSI ~ 80. Wait for price to pullback near $0.073. This could be a potential swing...
Bitcoin has broken out above the resistance trend line which is also the upper line of the triangle we anticipated on previous analysis as the bearish pennant structure. However, still there isn't any confirmation for the continuation for this breaking out. Must wait the break also on this horizontal resistance at $27465 level. Also look at the TRX as the hotlist...
Hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) rose close to an eleven-month high to start the week, following a recent four-day bull run. TRX/USD rose to a peak of 0.07841 earlier in the day, which comes a day after trading at a low of 0.07271. As a result of Monday’s move, TRON climbed to its strongest point since June 10...
hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the TRX symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
TRXUSD has climbed over a major trend line in red and is looking for more. The curved structure is the pattern price is seemingly following. The dashed horizontal line is the nearest resistance for price.
Last test of my first phantom indicator, be patient, hopefully it will work well and by itself, it's on 1h timeframe, so I'll be surprised, I'm not dealing with SL for now, I'll do it with pyramiding and moderate leverage with a low deposit.
LONG TRX/USDT Risky trade for level breakdown, you can find an entry point on a rollback on small timeframes
Trade Of The Day | TRX | Tron breaking out for potential 8.17% Tron has had a ton of bullish news around it recently and the technicals are starting to look pretty good wit ha key breakout now showing. It's a little overbought so could be a little retrace before a bigger move up. | Breaking Longterm Resistance & Triangle Pattern | Break and retest Daily 20 EMA |...
The Double Top and Double Bottom are some of the most obvious and reliable chart patterns in technical analysis, especially for financial instruments that don't trade based on fundamentals, such as TRX Tron. If it were based on fundamentals, TRX should have been traded much lower by now, considering Justin Sun is being sued by the SEC (Securities and Exchange...
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Now it’s trading in an Ascending Triangle, which typical resolves in a bullish breakout in the direction of existing Uptrend. In this case, price needs to break above $0.070-$0.075 resistance zone to...
Hello, welcome to this TRON/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- TRON (TRX) soared as much as 2% on Wednesday as the token moved closer to breaking into the top 10 of cryptocurrencies. TRX/USD climbed to an intraday peak of 0.07031 in the first session after hitting a low of 0.06841 on Tuesday. As a result of this jump, TRX is now trading slightly...
Hello and thank you for taking the time to read my post. Today, we analyze TRON (TRX)/USDT on the weekly scale chart, focusing on an exciting price pattern known as the "Inverted Head and Shoulders Pattern." In our analysis, this pattern suggests that TRX/USDT could be a strong candidate for an upcoming breakout to the upside. Inverted Head and Shoulders...
TRX Tron has formed one of the most obvious and bearish chart pattern out there: the Double Top. The double top chart pattern is a bearish reversal pattern that is commonly observed in technical analysis of financial markets. This pattern typically forms after an extended uptrend, indicating that the market may be losing momentum and could potentially reverse its...
We could see a retrace to the top the the black line being a triangle at $0.068 However we could see an even lower retrace, but judging by BTC lack of power At the moment As well as the ETH sell off and lower highs I expect a retrace at least to $0.068
Trxusdt Trx Usdt Successfuly breaks the big resistance on daily time-frame retest is in process We should have to wait for retest in case of successful retest expecting massive bullish rally
TRX did stays for a long time stable, but some patterns showed a possibility of a breakout. IS TRX going to break out into the short term with 30% UP? TRX is a coin where the volume is stable, and this is for a long time, will the new trend pattern make here a change in it? We will follow the trend to see if it's able to break out as it shows.
TRON (TRX) technical analysis: Trade setup : Bullish breakout from a Triangle pattern confirms existing Uptrend. Upside potential to $0.070-$0.075 resistance zone. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...