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Trxusdtechnicalanalysis

TRXUSDT Is about to Breakout of the Triangle Welcome back Traders, Investors, and Community! Hi Traders, TRXUSDT on H4 if it breaks above the Resistance line there would be a possibility for long. If it breaks below the Support line it might go around 0.059 before it goes up ⬆️Buy at 0.059 or Buy at Resistance Breakout ⭕️SL @ 0.055 ✅TP1 @ 0.073 ✅TP2 @ 0.082 ✅TP3 @ 0.092 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Long
by Fibonacci-Signals
2
TRX 1D Draws "Head and Shoulders" and down?Let's take a look at the global picture of TRXUSDT It can be seen from the graph that from September 2020 to February 2021 TRX was actively purchased in the range of $0.025-0.035. And then, after such a consolidation, a logical shot up. The market managed to raise the value of TRXUSD by 500% - whether it is a lot or a little for TRX investors we don't know, we are simply stating a fact. During the last month, the price of TRXUSDT has been drawing a pattern similar to H&S. Falling volumes during the last trading month strengthens the possibility of working out this pattern. What we can expect from the Tron price in the future?: 1) The critical level from above $0.155, if it cannot be broken upwards, then a strong fall in the TRXUSD price cannot be avoided. 2) The base of the theoretical H&S is in the area of ​​ $0.10 and if the price pierces it down , then the first liquidy zone that will meet a fall will be $0.05-0.06 3) Most likely in the zone of $0.05-0.06 there will be a consolidation, where it will be decided: the price of TRXUSDT will rise again to $0.10 or fall even lower to $0.025 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
121
TRON ( TRX/USD ) - SWING ANALYSISTRON - The price is rising from last week low it bounced back very strongly, Momentum is in the favour of bulls and it's seems bullish at this price range as well, My approach will be a buy position in this and for the reference I have also drawn the path way to the top and support and major support is also there on the chart. Trade or invest as per your risk appetite. Do write in the comment section if you have any doubt or question related to this analysis, also write if you want analysis on any other asset. Hit the like button & share with your friends, That would be great - Thanks !!
BITFINEX:TRXUSDLong
by Professor_GS
1
TRX/USDT = potential 48% setupHello, Traders! TRON corrected only 38% of the downside move (0.382 Fibo) Cumulative delta analysis on the higher timeframes shows the presence of demand from the buyers. Entry in the position can be sought in the range of $0.120 - $0.128 Stop-loss can be placed under the price value of $0.11. Targets based on the Fibonacci retracement level: $0,135 $0,146 $0,160 $0,180 Good luck and watch out for the market P.S. This analysis is created for educational purposes and shall not be considered as a piece of financial advice
KRAKEN:TRXUSDLong
by UnknownUnicorn10064030
1
TRON CLEAN TECHNICAL ANALYSIS CURRENTLooking attain here on the 1hr time frame we can see price has come up to a all time high area coming from a previous impulsive leg to this level where price rejected from 0.18. Currently price has tripled down the the 2.618 fib level where support is being tested, price has got to this level in toe from of a descending channel (squeeze), price has made clean touched within the trend lines confirming the pattern. Anticipating fro price to possibly make a push to the downside one more time to the 0.119 level where a second touch of the descending channel and the outer structure will meet at the signifiant 2.618 fib support. There is a high probability that price will reject this level and make a push to the upside once again reaching the 0.16 level, then looking for price to create support at the 2.618 level before continuing higher
Long
by akillizkb
TRX/USDT Regression TrendlineAfter breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more (0.15500-0.15400) (0.14600-0.14400) (0.13200) I'm still very bullish and holding my TRX in my spot wallet. But I will wait BTC daily closed candle. If, -> closed above 62k , I will look for new entry points for TRX futures positions -> closed below 59.4k , I will not open any position -> closed between, be on alert to 4h candle closed values. BTC
by bsbatu
Update !! TRX/USDT is Retesting down-trendTRX is retesting downtrend which is broken 2 days ago. Everything is going natural. Still there is no close below EMA 21 and EMA8 is going above EMA21 ( green up triangle represents where EMA8 crossed up EMA21) , which means to be direction is still upward. Also 1h RSI is oversold. A strong support area (red oval circle) has been formed, supported by: EMA 34 (purple line) 10-days-long down trend 15-days-long up trend Fibo-ext 0.236 I am still behind my goals in my previous analysis. You can check it from below if you miss it. I think the uptrend will continue in the near future. If you agree or disagree, you can leave a comment :) . Have a huge profitable days. (Not a financial advice)
Long
by bsbatu