On the above 2-day chart price action has increased over 100% since the buy signal. There is now evidence pointing towards a 50% correction.
1) A ’great sell’ signal prints
2) Regular bearish divergence. Look left.
Generally I’m bullish on Tron however there will be swing trades alone the way and I believe this is one of them.
Good luck!
Ww
Notice how the wedge formed above the main trend line. The resistance of the wedge has been broken. The pullback.
The price is 2 months in a sideways pattern in 25% steps. Intraday volatility in this pair is minimal.
The gray area is this support zone of the channel of the main set of 2019 - 2020 position. This is clearly visible on the line chart on the weekly...
Hello, tron is one of the few coins which are still up in btc terms and i think if btc breaks down soon it should be one of the worst performers.
TRX is trading still relatively high (compared to other alts) because of the USDD (Luna/UST copy) mechanism which burns Tron.
And we all know how that went.
Im short with a small ammount on Trx as i think it will go...
- Tron is currently one of the strongest altcoin on the crypto market!
- On the weekly chart we can spot a descending channel , that has been destroyed by the bulls.
- Also we can see a broken ymmetrical triangle, which is definitely a great sign too!
- 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the...
update on earlier trx chart
still going strong
wouldn't be surprised with Justin making some bid's to counter Sam's for all the fire sale's going on ..
for now waiting for fomo to kick in and short .09
expecting a fast n furious rally for corn till $26700 before furtheE
eth merge maybe the catalyst
Pretty simple idea. TRXBTC on the left is in a developing inverse head and shoulders and price action recently tested the 200 week as support and is now primed to begin to move to target. My trade is going to be on TRXUSD.
The chart has the key details and it is pretty simple and fundamental. My main thing still is leaving my damn trades alone enough. I have...
It will keep on going but, let's read...
Tron is ultra bullish vs Bitcoin (TRXBTC)...
This is a preview of what the Altcoins market has in store for us.
First, TRXBTC has been growing since 2019 with higher highs and higher low.
I mentioned many times back in 2019 and 2020 that the Altcoins market (ALTSBTC) was set to grow long-term, for many years...
This has...
Tron has broken a long-term trend in its daily chart and has a pullback to it. Late and at an inopportune time, but it may eventually grow well over Bitcoin.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
TRX Address:
TYny811QZccdS1pvV5nsZJnLdWdbuX1yUE
the btc pair looks really killer with a breakout of a 3 year range.
was tempted to long this since it gave me Shiba breakout vibes not in this trade just an unbiased opinion .
USDT pair its mid range and fun begins after range is taken out.
Dominance reaching a support level so possible corn pumps taking all the usd pairs up
IMO Justin made a killing...
A cup pattern can be seen for this currency. correction of this currency can from a cup handle . to correct this currency, I marked the price range and targets on the chart.
TRXBTC :
Break is confirm
BUT :
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.
I have never been a great believer in this project ! Perhaps because of ignorance ...
What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!!
The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole !
That is why I stubbornely...
