TRX is trading within the uptrend channel. which u can see its rally throughout the whole 2023. $0.080 is the key level for TRX . must hold. MACD still favor to the bull. next resistance $0.10 DYODD
TRX can have a crash There is an educational tip here, pay close attention: Educational tip: When we have long shoadow, the price tends to fill 50-60% of these shodows and then continue in the opposite direction. If a CH is in the opposite direction of the long shadow, we have more confirmation. If more than 70% of the log is filled, it is possible to pass the log.
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning. Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized...
This is the best crypto coin that I can find. VOLUME On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right. PATTERN The Pattern printed is a typical VCP (for the Minervini students) BASE CHARACTERISTICS We have very...
So we have had an eventful year. Whatever bad can happen to crypto it happened. I noted the most notable things on the chart - and at the same time Bitcoin is up 60% FOR THE YEAR. Just to put this into perspective - imagine what would happen if this was the equivalent news to the equities market - would we be up 60%? Of course not! We are now making a series of...
The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric! But the trx went above the red box of the previous analysis and made a stop hunt. I think we are at the end of wave F and we will have a fall for wave G. In the red...
RSI is in overbought zone on 4H and 1H Timeframes. Price has formed a divergence. TRX formed an inverted hammer (30m TF) I expect a correction.
TRX has fixed above 50EMA at 4H TF. RSI is near neutral values (4H TF) TD Sequential has formed an upward reversal signal at 30m TF. I expect a rise after fixing above the support.
Tron blockchain is necessary and I don't see much decline in it. It has performed well compared to others during the crypto crash. The price pattern is rather good. Waiting for point c would be ideal, but I don't think that point c would be a heavy drop considering the specifics of the trx movement. Point b is also currently in progress, which already indicates a...
"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted...
Hi Traders, Investors and Speculators of Charts📈📉 TRXUSDT has turned bearish in the short term Timeframe. From a technical indicator perspective we see clearly that the trendline has been broken and now the price is closing candles UNDER the trendline. This is bearish for the short term. However, from a weekly outlook, Tron is still bullish. This could mean...
TRX and RSI chart has formed a convergence on the 1H Timeframe. Price has broken upwards through 50EMA (30m TF) I expect a bounce after the resistance breakout.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT chart) The key is whether it can get support around 0.07679-0.07760 and rise above 0.08051. If not, and it goes down, 1st: 0.07288-0.07192 2nd: 0.06427-0.07025 You need to make sure...
ENTRY : 0.07668 SL : 0.07618 TP1 : 0.07732 TP2 : 0.07821 Do not forget to observe capital management
RSI is moving above neutral values. Price has fixed above 50EMA at 4H TF. 50EMA has broken above 200EMA on 30m TF. I believe the asset will continue to rise if it holds support.
Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds. Entry - $0.07899 Target - $0.08259 Exit - $0.07800 RR - 3.46
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
The RSI on the 4H TF indicates that the buyers have weakened. Trading volumes are down. I think TRX will start falling if it stays in the channel.