Logarithmic chart shows tron in a massive triangle which is holding for now , if the market doesn’t fall bad and keep how its going and if triangle doesn’t break down then i think 2$ for trx is an appropriate target at the end of 2024 and peak cycle , it showed a good strength and also having a greatest daily usage by user , china entering and legalisation the...
Positive Trend: TRX is on an uptrend, breaking above the $0.083 resistance. Triangle Breakout: The weekly chart shows a bullish breakout from a descending triangle. YTD Growth: TRX has seen a 65% growth year-to-date, defying the bear market. Psychological Mark: TRX is approaching the crucial $0.10 mark. Rounding Bottom: A bullish pattern suggests TRX could reach...
Price has broken above the Gaussian Chanel on the Weekly timeframe This is similar to a previous event which led to a large bull run Will it repeat?
TRX price action indicates a bullish trend for 2023 with a year-to-date growth of 48.45%. TRX faced resistance at $0.085, leading to a pullback to the 200-day EMA. The price action suggests a potential inverted head-and-shoulder pattern. A recent bullish reversal has pushed TRX to $0.080, with an intraday pullback of 0.49%. Technical indicators like the RSI and...
Long term cup and handle in play, with potential target above $2. Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal...
TRX price consolidates between $0.075-$0.078. TRX aligns closely with the 50-day EMA, hinting at a potential breakout. A bullish surge could push TRX to $0.085. TRX has seen a 42.97% growth in 2023, with a 52-week high at $0.085. Currently trading 17.59% below its 2023 high of $0.094. Positive alignment of the 50 and 200-day EMA post-golden crossover. 1-day chart...
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...
Since November 2022, TRX has been trading within a parallel upward channel. The upper boundary of this channel is serving as a robust resistance, while the lower boundary is acting as a strong support line. In our prior TRX analysis, we noted the likelihood of TRX reaching its lower support line before determining its direction. In the recent cryptocurrency market...
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...
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...
Hi GUYS .....really enough bounce we got from TRX ......awesome pop up from trend line .... my last analysis : Good luck
Bullish trend may continue upto point D and that point might be potential reversal zone (PRZ).
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 Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
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