📊TRX grow higher than any other altcoins. It`s pump even if BTC fall sometimes. It has strong support from the buyers and in this idea i`ll show you where the big player open it`s longs.
1. First of all, the huge support is the $0,62-0,63 value area. The liquidity collection and the liquidation of the lavarage position confirm the volume indicator. The volume...
The price broke through the downtrend line, but failed to break through the 100-200 MAs. An uptrend line broken down becomes strong resistance, and a downtrend line becomes support. possible options for price movement are indicated
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
As mentioned in my previous analysis, its playing out perfectly. As I also mentioned I am swing trading this from top of the green arrow I showed in my previous TA.
Now for me its confirmed we will create newer lows, that's why I'm stacking shorts at every bounce. Also I am always prepared for scam pumps, I try to catch scam pumps as opportunities instead being...
As you can see, the price has returned from a significant support range
It is likely to grow close to theBearish Trend line
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.20.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and...
i see the red zone as a good zone for buying trx .(for investment only)
if BTC bottom at 14-10 k , trx would bleed more with the other ALTS .
not a financial advice , only for entertainment purpose .
thank you
I got a great entry after posting about this yesterday.
The short looks confirmed so I'll share again with confidence.
Entry of 0.065-0.066
SL 0.068 or 0.071 is complete invalidation.
TP I'm aiming for 0.06.
Good risk reward, well confirmed.
Someone on tv actually accused me of lying about my entry! But you can see I posted about this yesterday.
Tron is on a clear path to 7 cents. The chart is bullish and so are the indicators.
If it breaks the 7 cents resistance and moves above 8 cents, then TRX could leave this massive descending triangle visible on the weekly timeframe.
Both the MACD and RSI are making higher highs, so this is good and continuation is likely unless BTC pulls the market lower.
To...
The main trend (most of it). We see a huge bowl of about 800% of the main support liquidity zone formed in the long-term trend. From the zone of its resistance pullback (secondary trend). Which has formed a triangle, which could act as a "handle" to this huge cup (a cup with a handle) in case it breaks up.
Coinmarket: TRX
Secondary trend. Triangle Zone....
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(TRXUSDT 1W Chart)
Resistance: around 0.08631
Support: 0.04736-0.06034
Below 0.04736 is likely a mid- to long-term investment area, so careful trading is required.
(1D chart)
Primary...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
200 ema support broke at 4H chart. Clear retest as res before nuke. We are at a range of trapping bulls, However I'm also prepared for scam pumps, which this coin is very at.
Been successfully trading TRX over 3 months. This will play out 100%. Its a swing short.
Looking closely on Tron, it shows a break on the uptrend started from March 2020, with the ATH at 0.17xx$ which occurred in April 2021.
Since price reached ATH it had began to move in a pennant structures. Although this can as well serve as distributions for bigger correction or as a continuation on the previous rally.
Today my chart showcase both side...
I'm trying to aggressively take profit and not loose so I'm eyeing this signal in tron here as a potential retest, before nosedive.
I've closed my short position for now taking cash off of the table, when things get clear will re-enter.
Price did a fake out and is currently moving down. MACD is showing bearish momentum, RSI is sold and EMAs are neutral. I expect price to keep moving down towards the 15mins demand zone at $0.052 as a final target.
KUCOIN
