If you haven't sold TRX when the retracement started:
Now, I think we are going to see TRX Tron trading in the consolidation area, between $0.10 and $0.12 for the next week or so.
TRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next.
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and...
With ENTRY area @ 0.12050 or around it is not too late to "jump in".
TP @ 0.13634 or around...
WARNING ⚠️: TREAT COUTIOUS, COS IT IS A "TICKING BOMB"!
It can make a "crazy" dance all over chart before going to hit TP! Don't gamble & properly trade only....!
It was done using purely technical analysis only... & only...😁
PS: not able to post many more trades,...
TRX recently Bearishly reversed after testing the upper bound of a Bearish Butterfly, now TRX has pulled back to the faster trend line. If the Faster Trend on TRX Continues to hold out, as it has several times already, I think Tron could attempt to make a higher high which could lead to it reaching the ultimate 3.618 Fibonacci Target off the back of Hidden Bullish...
Tron has confirmed a Hanging Man just above the PCZ of a Bearish Butterfly, it starts to play out I think it will come back down to meet the trend line at the 61.8% retrace as the current move above trend also happens to be a bit overextended.
Tron has been showing some decent weakness where price is not at the zone of liquidity (the last zone where liquidity has been touched with wick).
Upon successful securing of this zone by sellers, we will see further movement to lower zones here.
Swallow Team
On the basis that I think Bitcoin will reach at least $170k many alts should have relatively good performance.
With Bitcoin seemingly placing in a daily cycle low and with the 15min trend in tact, I think it's worth placing a small bet here to ride what could be a potentially massive trend.
The chance with no edge is 1/300 of this working out, so I expect this...
In time 2W, after an ascending wave and a double correction at the bottom of the channel, after successfully exiting the concentration, it is moving towards the specified targets. This upward wave is due to the structure in wave 3, whose micro waves will be presented in the next updates. But this upward move will have the ability to reach at least $0.58 and $1.2...
Tron is trading in the wide daily range zone between $0.112 and $0.126.
A bullish move from the current price location reclaiming$0.126 will result in a slow upward move to $0.138.
As long as TRX in the daily chart is trading below $0.126, the bears are in control and will try to push price to the key daily support zone of $0.106-$0.112.
A bearsih break-out of...
TRX seems to be completing a large bullish triangle, which has now ended wave D and we have entered wave E of this large triangle.
The green range is a good place to rebuy.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up....
Tron has had a really nice downward movement dumping from top and breaking nicely that 100EMA on daily timeframe.
Now that we have almost touched the 200EMA as well, we see a very serious pump and dump scenario here, which means we will most likely see a re-test of the broken. We will be looking at price action in that zone and be ready for any potential...
trx usdt is on good buying levels and showing bullish flag pattren and dily higher low which means it can hit its all time highs in upcoming weeks before halving
