💎 Attention, Paradisers! Keep a close eye on #TRXUSDT. It’s currently showing a promising upward trend from a critical support zone at $0.10921.
💎 Historically, #TRON has adhered to a descending channel pattern, consistently forming lower lows and lower highs. Right now, it’s positioned at a crucial support level of $0.10921. If the price maintains its momentum...
In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial...
🏃♂️ TRX is moving in the 🔴 Heavy Resistance zone($0.150-$0.122) 🔴 and Ascending Channel .
📈Also, TRX has managed to form two Classic Patterns ; the first pattern is the Rising Wedge Pattern , and the second pattern is the Bearish Pennant Pattern .
🔔Currently, TRX has managed to break the bottom line of the Rising Wedge Pattern, and I expect TRX to...
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(TRXUSDT 1M chart)
It appears that a new HA-High indicator is about to be created.
Accordingly, we need to check whether the HA-High indicator is generated at the 0.10447 point.
If the HA-High...
Trading Setup:
There is a Trading Signal to Buy in TRXUSDT Tron
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.1160
⭕️SL @ 0.1090
🔵TP1 @ 0.1333
🔵TP2 @ 0.1420
🔵TP3 @ 0.1690
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading ...
Logarithm. Time frame 3 days.
The ascending channel in the lower part of the big triangle. Local work in it from the key support / resistance levels.
The whole range of this channel on a larger scale. .
Everything is more detailed and shown in the ideas of the main trend. .
TRX/USD Main trend. Channel. 17 11 2023
Note where this zone (channel) is in...
AMEX:TRX
DO YOU SEE WHAT I SEE?
MASSIVE ALERT!
When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets...
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...
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 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....
After reassessing the wave structure on TRX with Glenn Neely, particularly the structure which began at the high in 2021 up until now, it seems to indicate that we are in a complex correction which began with a triangle and is now ending with a diametric.
If this is correct, TRX should be beginning the next phase of the bull market now. This would mean that we...
