TRON/USDT: Watching Head and Shoulders FormationHi guys!
I’m watching TRON/USDT on the 1-hour chart, and we’re nearing the end of a compression phase (highlighted in the chart). The price has been consolidating, and I believe a breakout could happen soon.
What stands out to me is the Head and Shoulders pattern forming . I’ve marked the Left Sh
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TRX/USDT – Long-Term Buying Opportunity?1. Quick Market Recap
Since the double top near 0.37 in mid-August, TRX has been under pressure. A strong spike down early September briefly shook the market, but buyers stepped in quickly, recovering the price back into the 0.35 zone.
However, momentum faded, and the coin started to roll back aga
TRONJust a line I drew while I'm drinking.
TRX is forming a strong ascending structure after a long consolidation. Price has broken above the mid-level resistance and is now retesting it as support. If this level holds, we could see a breakout toward the next resistance zone around 0.4184 USDT, which is
DeGRAM | TRXUSD rebound📊 Technical Analysis
● TRX/USD rebounded sharply from 0.3212 support, breaking above the descending channel’s upper boundary and signaling a shift toward bullish momentum.
● Price is consolidating near 0.3345 resistance; a sustained break higher opens the way to 0.3420 and potentially 0.3500.
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TRX/USDT Technical (1W Timeframe)Overall Trend:
TRX has clearly broken out of a long-term descending resistance line (bearish trendline) and has been in a sustained uptrend since.
The breakout was followed by a steady series of higher highs and higher lows, confirming bullish market structure.
The ascending black trendline is ho
TRX Will Test Resistance Before drop, Liquidity Weakness SignalsI’ve noticed over the past few days that liquidity indicators on the TRON network (TVL – Total Value Locked) have started to decline significantly.
Outflows from lending protocols and centralized exchanges are usually a short-term weakness signal, since it means that funds previously locked are now
TRXUSDT | Technical Outlook & Market ContextTRON (TRX) is one of the leading blockchain-based operating systems designed to decentralize the internet by enabling efficient smart contracts and high-throughput transactions. Known for its scalability and low-cost transfers, TRON continues to attract developers and users in the DeFi and entertain
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TRX3xShort/Tether (TRX) is 0.02729 USDT — it has fallen −0.34% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing TRX price chart.
TRX3xShort/Tether price has risen by 4.67% over the last week, its month performance shows a −1.52% decrease, and as for the last year, TRX3xShort/Tether has decreased by −97.47%. See more dynamics on TRX price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
TRX3xShort/Tether (TRX) reached its highest price on Sep 22, 2020 — it amounted to 1.64890 USDT. Find more insights on the TRX price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
TRX3xShort/Tether (TRX) reached the lowest price of 0.00060 USDT on Apr 5, 2021. View more TRX3xShort/Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying TRX is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade TRX right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for TRX3xShort/Tether (TRX): today its technical analysis shows the buy signal, and according to the 1 week rating TRX shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in TRX3xShort/Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
TRX3xShort/Tether (TRX) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, TRX3xShort/Tether is estimated as 4.28% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about TRX3xShort/Tether, you can find more inspiration in our curated watchlists.
You can discuss TRX3xShort/Tether (TRX) with other users in our public chats, Minds or in the comments to Ideas.