Hey brother and sisters 👋
Another coin we see good potential in is TRX, with good potential for another bearish movement here! We are seeing that TRX has had an amazing recovery from that recent dump market, and now it seems to be ready for another bearish movement (not so hawkish).
What do you think - will we see a further drop here or no?
If you like ideas...
Hello Traders,
The current condition of the TRXUSDT pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
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Tron (TRX) maintains an upward trend since November 2022 with a 55% year-to-date growth.
Recent 22% price jump led to a rising channel formation, but faced selling pressure at $0.085.
TRX prices dropped 10% in four days, now at $0.076 (23.60% Fibonacci level).
In the past 48 hours, TRX prices rose by 2.02%, finding support at 23.60% Fibonacci level.
Selling...
After the identification of a sideways market, I've placed 2 trades (buy stop and sell stop) based on the same understanding that the probability of a successful trade can be optimized through this strategy. The remaining calculations are based on the previous principles I've used. Let's see how this one goes.
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Hello Traders,
As we can see clearly TRX is breaking the rising channel so we can expect a little bit of downward movement wait for a re-test then take a short entry
we caan see that TRX is in rising channel and technicals show that it will go bullish wait for the price come upto the lower support then we will take a long.
The TRX price shows a descending triangle breakout on the weekly chart and is up by nearly 28% over the past two months.
After a massive 500% rise in 2021, the TRX price trend started to decline in a descending triangle pattern, with bottom support at $0.045.
A recent recovery rally of 28% starting from the 38.20% Fibonacci level indicates potential for a...
What is TRON?
TRON’s tagline is to “decentralize the web,” and its ecosystem consists of several decentralized applications, some of which are quite well known. However, its primary purpose is to decentralize the content creation and distribution industry, which has received criticism for its censorship and unfair revenue distribution. To this end, TRON provides...
TRX had a downward spike in previous market movement, and we can look at this upward price movement as a correction (CP).
Price got close to the gray order block but didn’t get a chance to enter, but if you look closer, you can see it did a Double-top with the Pin-bar shown with the red line .. and made an excellent downfall after that .. now the price is near...
Tron is still rock bottom and as you can see still moving up dragging itself along the bottom of this channel.
So what to expect is constant gains in large percentages to break free from the uptrend line for Tron to have room for a healthy trade environment.
Therefore Tron is way undervalued. Expect the bullrun to begin, and I believe Xrp has started it.
TRX rocket launched.
Data from Tronscan showed that the burn rate increased significantly in 2023.
As the number of new tokens minted on the network remained largely constant, the net issuance rate, or the inflation rate fell further to -15.43 million, extending TRX’s deflationary streak.
One of the strongest alt.
HVFsh structure
I drew these sines and shapes before these 2 occurrences happened. I don't even want to know how and why this keeps happening on my drawings. I just want to know if I can make a living out of them. Expect nothing. See everything. Think nothing. NEN
Will we see more coincidences like this in this experiment?
Tron flipped old weekly resistance to support and then broke up and out of a wedge. It is now re-testing the wedge.
- Successful re-test / remain above the wedge, and it will revisit just above its ATH candle close, but below its ATH wick, near the top of resistance around ~24.4 cents.
- Failed re-test may lead to wedge loss and loss of support, with a move...
One of the most important things in trading is forego your own wants and want what the market wants. When Glenn Neely and I first came up with the x-wave idea for BTC, I did not want to believe it was true and I continued to WANT my diametric pattern to be the end of the bear market, as it had been for the last few months. As time has gone on it gets harder to...
