TRX experienced significant growth within its ascending channel, surpassing the resistance of the previous ceiling and reaching a price range of $0.080. If the $0.070 level, which was previously a resistance, can now act as a support level, it is likely to trigger a positive response within this range. However, the price has recently undergone a correction, and a...
As indicated on the chart, the elliot wave cycle is completed This is only a SPOT TRADE. TAKE PROFIT : Levels mentioned in blue dotted lines. STOPlOSS : Use accordingly It can go oppsoite if btc dumps so do proper Risk Management. NFA, DYOR
TRON (TRX) technical analysis: Trade setup : Price was trading in Channel Up pattern but got rejected at $0.086 resistance again, just as it did in June. Now it had a bearish breakout from Channel Up pattern and below $0.08 support. Price could pull back near $0.073 support, which could be an attractive swing entry in Uptrend. Pattern : Price was trading in a...
TRX had a downward spike in previous market movement, and we can look at this upward price movement as a correction (CP). Price got close to the gray order block but didn’t get a chance to enter, but if you look closer, you can see it did a Double-top with the Pin-bar shown with the red line .. and made an excellent downfall after that .. now the price is near...
Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds. Entry - $0.07899 Target - $0.08259 Exit - $0.07800 RR - 3.46
Fundamentals: TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS. This project is best described as a decentralized platform focused on content sharing and...
Tron is still rock bottom and as you can see still moving up dragging itself along the bottom of this channel. So what to expect is constant gains in large percentages to break free from the uptrend line for Tron to have room for a healthy trade environment. Therefore Tron is way undervalued. Expect the bullrun to begin, and I believe Xrp has started it.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT chart) Looking at the 1M and 1W charts, it is expected to continue its upward trend as it has risen above the respective HA-High indicators. (1D chart) However, since it is located...
If you haven`t sold TRX here: Justin Sun, the CEO and founder of Tron, has been served a summons by the U.S. District Court and is required to respond within 17 days to the United States Securities and Exchange Commission's (U.S. SEC) lawsuit against him for alleged fraudulent crypto trading activity. The Southern District of New York has given Sun a deadline...
TRON bounced off the support level. Bullish movement to resistance level at 0.78 is expected to happen.
History repeats itself for those who haven't learned from it. SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations. Eight celebrities also charged for illegal touting of Sun’s crypto asset securities. But let`s say the market doesn`t care about he Securities and Exchange Commission lawsuit, like we can see...
Tron flipped old weekly resistance to support and then broke up and out of a wedge. It is now re-testing the wedge. - Successful re-test / remain above the wedge, and it will revisit just above its ATH candle close, but below its ATH wick, near the top of resistance around ~24.4 cents. - Failed re-test may lead to wedge loss and loss of support, with a move...
💎#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.