💎#TRXUSDT has emerged as one of the standout performers this year, displaying remarkable resilience during the recent market downturn. The overwhelming presence of buyers is undeniable, indicating a strong likelihood of continued upward momentum. 💎It's worth noting that the price has reclaimed its position above the long-term uptrend trendline, which now serves...
One of the most important things in trading is forego your own wants and want what the market wants. When Glenn Neely and I first came up with the x-wave idea for BTC, I did not want to believe it was true and I continued to WANT my diametric pattern to be the end of the bear market, as it had been for the last few months. As time has gone on it gets harder to...
📊 #TRXUSDT ⏱ TIME: 1D 📝Divergence on RSI in a 4h or daily time frame as well as candlestick patterns or classic patterns can potentially lead the price downward ❌These analyzes are just to give a better perspective for you dear ones Do not base on buying and selling❌
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke bullishly out of an Ascending Triangle pattern, which is a sign of an Uptrend. Price got overbought RSI ~ 80 and pulled back near $0.073-$0.075 support, briefly consolidated in a Bullish...
TRX has experienced a growth rate exceeding 10% as a result of renewed demand, reaching the specific resistance range of $0.082-0.086. It is noteworthy to observe that this resistance level has historically elicited significant market reactions. Additionally, the price movement has consistently progressed towards the upper boundary of the medium-term ascending...
TRXUSDT(TRON) Daily timeframe range. we all know what alt this is. #0.07816 is a solid level we can see last several times fakeout and failed here, so gotta be careful here and potential of setup here too. clearing here can lead the price to jump in above zone.
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke bullishly out of an Ascending Triangle pattern, which is a sign of an Uptrend. Price got overbought RSI ~ 80 and pulled back near $0.073-$0.075 support, which could be a potential swing...
TRX is on its way to print an Adam & Eve pattern. It's definitely set to test the local ATH and as a result print a cup & handle pattern too. This is NOT FINANCIAL ADVICE
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke above the Ascending Triangle pattern, which is a sign of an Uptrend. However, price is getting overbought RSI ~ 80. Wait for price to pullback near $0.073. This could be a potential swing...
Bitcoin has broken out above the resistance trend line which is also the upper line of the triangle we anticipated on previous analysis as the bearish pennant structure. However, still there isn't any confirmation for the continuation for this breaking out. Must wait the break also on this horizontal resistance at $27465 level. Also look at the TRX as the hotlist...
TRX has been oscillating within the $0.0670 - $0.0710 range in the second half of May. Price action has hit the range high and could expose TRX to more selling pressure. A likely drop could offer a shorting opportunity targeting the support zone of $0.06700 - $0.06770 (cyan). The zone was a crucial resistance in the second half of April but was flipped to...
A lot of people getting bullish here but it's important to remember that Tron was and still is in a bearish market structure. Consistent lower highs and the current push still has the potential to be the next lower high. Especially with the current state of the economy, the FED has no intentions of slowing down interest rates. Making it harder to attract money...
TRXUSD has climbed over a major trend line in red and is looking for more. The curved structure is the pattern price is seemingly following. The dashed horizontal line is the nearest resistance for price.
This is a Cup with Handle and an AB=CD at the same time that I posted before, but it was on the FTX chart and that one actually ended up playing out perfectly but on other exchanges TRXUSD just kinda sat here but now it's breaking out on a Monthly timeframe and it's starting to look like we will be getting the same performance we got on FTX on a more Global level...
Trade Of The Day | TRX | Tron breaking out for potential 8.17% Tron has had a ton of bullish news around it recently and the technicals are starting to look pretty good wit ha key breakout now showing. It's a little overbought so could be a little retrace before a bigger move up. | Breaking Longterm Resistance & Triangle Pattern | Break and retest Daily 20 EMA |...
The Double Top and Double Bottom are some of the most obvious and reliable chart patterns in technical analysis, especially for financial instruments that don't trade based on fundamentals, such as TRX Tron. If it were based on fundamentals, TRX should have been traded much lower by now, considering Justin Sun is being sued by the SEC (Securities and Exchange...
TRON (TRX) technical analysis: Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Now it’s trading in an Ascending Triangle, which typical resolves in a bullish breakout in the direction of existing Uptrend. In this case, price needs to break above $0.070-$0.075 resistance zone to...
Hello and thank you for taking the time to read my post. Today, we analyze TRON (TRX)/USDT on the weekly scale chart, focusing on an exciting price pattern known as the "Inverted Head and Shoulders Pattern." In our analysis, this pattern suggests that TRX/USDT could be a strong candidate for an upcoming breakout to the upside. Inverted Head and Shoulders...