The TRXUSDT price often moves differently from the rest of the market. This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time. So, the other day, the TRXUSD price hit a strong...
Tron has shown extreme relative strength in down market Tron held up relatively very well. It fell less than ever bitcoin this bear market. That is a strong indication of relative demand. Important to keep in mind that not only was it relatively strong from a technical standpoint, fundamentally its users/fees was extremely relatively high. It looks like one of...
TRX is moving near the upper boundary of the ascending channel. The price chart and RSI have formed a divergence. I expect a correction after fixing in the channel.
Tron (TRX) has been a legacy coin that has held its own and carved out a niche Most legacy coins have faded away into obscurity as they've been unable to find a usecase or adoption. They may still have high market caps and may still turn things around but as of now many older coins are falling down the ranks. New coins are eating up dominance. Not for Tron. Tron...
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
The price chart has formed an ascending wedge. RSI is moving in the overbought area (4H, 1H and 30m TFs) I believe that TRX will start correction after fixing under the resistance.
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.
An Inverse Head and Shoulders pattern is seen The trading setup can also be seen on the chart Trading Setup: There is a Trading Signal to Buy in Tron TRXUSDT Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0766 ⭕️SL @ 0.0737 🔵TP1 @ 0.0842 🔵TP2 @ 0.0895 🔵TP3 @ 0.0946 What are these signals based on? Classical Technical Analysis Price Action...
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.