it seems that it will start an uptrend and the sellers are weak so if it breaks the dotted line and re-test it will blow or it might re-test the upper part of the tunnel support and then blow.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about TRX
TRXFinally Hits Our Target 20% Profit Done✅
🔥🔥🔥
daily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis.
TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory...
Thank you for reading this update.
TRX seems to have entered a new volume trend which we will follow for confirmation.
We will see if it's able to be confirmed in the coming time frames.
TRX can have a slow volume. known from slow building trend.
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 46 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Tron has reached that major resistance, which is marked as the ATH zone as well (since 2021).
We are looking very closely at the weekly time frame to see where the candle will close.
From there on, we will decide if our potential short setup will be valid or not. Now all we can do is wait and be ready!
Swallow Team
While your eyes are frozen only on bitcoin lately
I was looking for another altcoin to buy today (preferably a high cap) and I liked this one:
$TRON.
So I'm slowly loading my bags here at $0.13 while everyone is only watching bitcoin.
You know, I've already worked on bitcoin, I longed it down there twice at 32k and 36k, the fomo started there like I said and...
After succesfully trading the downwards move, its time for the real trade.
Trade plan:
Wait for Bitcoin to hit 20k ish, then trade this setup till the target / btc at 35100 (gap)
Always do your own research and trade with good stops.
This is not financial advice
Here is one last update for TRX chart. I relentlessly advocated TRX bullishness in the last few weeks.
TRX makes a real stand in the middle of fear and doubt.
Have a look at this chart. What do you think is going on here?
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
bullish scenario
resistances 0.1277 pivot high & horizontal, 0.145, 0.168 ATH
bearish scenario
supports 0.118 in 13 ema, 0.11 in 50 ema, 0.105 upper limit channel
We are considering the scenarios of TRX development and initiating purchases of the asset.
Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of...
BINANCE:TRXUSDT I have set the resistance at 0.13017, support at 0.09559, and the daily pivot point at 0.10475 for TRXUSDT. My target is 0.12308, and this target remains valid as long as the trend line is not broken.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
