Litecoin LTC is bearish ahead of the release of new economic data on December 13, the Consumer Price Index:
Entry Range: $0.053 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
TRX had a similarly Bullish ABCD BAMM Pattern on the FTX chart but that has since played out and gotten shut down. Now we move on to currently active exchanges and we can still see a Potential ABCD BAMM and a Cup With Handle; if we can stay above the moving averages i suspect we will pump to the measured move between the 1.414 and 1.618 Fibonacci Extensions above.
It's a great opportunity to short TRX on the futures market. You can short TRX on almost all exchanges. So it's very positive!
The technical analysis of Tron looks very bearish. Descending triangles are likely to breakdown with a 60% pullback rate (retest) before continuing lower.
The uptrend from 2020 to 2021 looks like a three-wave structure. It's not...
The main trend(most of it). Logarithm. Weekly chart.
Coin in coinmarketcap : TRX
An idea to understand the trend and visualize the formation of a bullish formation in a bear market and such large size. The reversal/jamming zone is yellow levels. Quite a long time the price is squeezed the final phase of the triangle. Volatility is decreasing. At the...
Trading volumes indicate a lack of interest in falling prices.
Tron is trading above liquidity.
Price successfully tested 50EMA as bearing support (4H TF).
I expect a rise if TRX successfully fixes above the current support level.
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 has been trading within the Support Zone of the Bear Cycle (0.04460 - 0.05100) ever since the FTX crash. On the bright side it appears that it has found Support and since June 22, every time (4 times in...
We've got a descending triangle pattern printed waiting breakout for confirmation.
TRX looks really bad if neckline breaks.
It can go down as much as 75% from the point of the potential breakout, this could imply that USDD could also go bust as Justin Sun fails in saving FTX and end up being the last man boarding titanic.
###NOT FINANCIAL ADVICE###
After unsuccessful attempts to break the downtrend line TRX tests 50EMA as resistance (1H TF)
Trading volumes have declined and the price has approached the lower boundary of the uptrend channel.
I expect a fall after the price fixes under the lower boundary of the channel.
Break is confirm
Price needs to hold this area!
maybe we have a fake break
you can buy now and put your stop loss (if the price closes under the area you can leave from this trade )
or wait for the pullback and then buy it...
note : market is very high risk on buyer position. please consider this and do money management.
Hello traders yesterday i have shared planned for TRX and i shared what i am seeing in charts
Right now i just find scalp for TRX and i am expecting TRX will dump very soon as you can see its moving in rising wedge and its interpretation is breakdown
yellow lines are my targets
Follow me and like for support
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Have a good day.
(TRXBTC 1W Chart)
The range of 0.0000 0259 to 0.0000 0311 is the boundary between rising and falling.
Therefore, if the price stays above 0.0000 0311, it is likely to release upward...
Hello Traders i hope you are doing well as
Lets talk about TRX as you can see on chart TRX is moving in Channel and we have already break the Channel we have made same lows as well and the liquidity is still remaining
Below liqudity we are having FVG means a gap which will be filled sooner or later
now TRX is on Resistance its moving in support and...
Price and RSI formed a hidden bullish divergence (4H TF)
RSI chart is in a buy zone (1H and 30m TFs)
TRX has broken up 200EMA at 30m Timeframe.
I expect price growth after the asset fixes above the liquidity zone.
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...