The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
Before you is the global chart of TRXUSDT on a 3-day time frame. At a time when most altcoins show a stable downward trend for more than a year, the price of TRXUSD is consolidating in the upper half of the all-time price range. If at the beginning of the consolidation, the price movement in the consolidation was 300%, now the possible price movement within the...
Yesterday the news of TRX gained so much attention about the USDD that it shoot for more than 17%. Right now it is in the cooling phase , but Tron is know for doing something opposite in the market so I have a neutral view, but if the price breaks in either direction I will open a trade. Please Like, Share and Comment.
Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next: We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram...
Taking a look at price action you can see that the most recent pullback was a retest of key support and resistance and on top of that we formed hidden bullish divergence on the daily time frame !! A short term break and rest of our most recent high which lines up with an area of support is holding strong In my view holding this level could allow us to run up to...
The last time we did a global idea for TRXUSDT was in May of this year, less than two weeks before crypto prices started to collapse (ohhh, then we read a lot of hate .... "what are you writing, this growth can't be stopped, etc." but :) Since then, the price of TRXUSD has managed to fall by -65%: The TRXUSD price has been rising almost uncorrected for the...
An idea for TRON Top channel band suggests $16 which is a massive increase from the current 0.05 Middle channel band suggests $2 which is also a huge increase Both of these scenarios make sense, the top band was where price hit in 2017 Time will tell if it repeats I have used a sort of 'quasi' channel to identify these ranges Also some funky trend lines...
Tron price holding in this channel from March, the correction wave is getting completed and going on a next impulse wave after it breaks out of this channel 1) Looks like the bulls are going to take over 2) place your positions accordingly after it comes out of the channel Happy trading, feedback is always appreciated
Identifying the strongest trendline with the fib circles shows the price sitting just above 2.618 With the formation of seemingly a bullflag, this is a very bullish sign At these levels TRON is very undervalued imo Bulls will win this battle
It seems two tp Based on H&S pattern and fibonatchi . The 1st one done, It's better to find second tp will happen or not then buy again! Need a correction ! Good luck!
The bright growth momentum in the TRX market , which started only on March 31, ended locally at $0.149. On April 5, buyers managed to touch this mark, after which the TRX price began a rather rapid correction. In fact, in 7 days the price of TRX increased by 100% , and the volume of trades showed significant interest of investors in this project. If you look...
TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger...
TRX / USDT possible accumulation above bullish pattern inverse H&S in high time frames (weekly and Monthly) = mega bullish Strong volume last few weeks Possible next mid term targets : 0.07$ - 0.1$ 🚨 To remain bullish TRX should hold green area (new support) by monthly candles Best wishes 🙏
Using fib circles we can see the bear moves and bull moves respective to their fib areas I hope for a bear wave, to further validate my Fib waves idea Regardless TRON is very cheap and going long is a nice idea
Same like Litecoin , hitting major resistance today... Makes me think if a correction is incoming? Sideways maybe for a while, or a drop?? In any case i always listen to my chart: I am out of Tron until the resistance can be broken. Prefer to place more on Stellar and Cardano at this stage.
Tron double bottom formation neckline currently undergoing breakout. A weekly close above neckline would interest more buyers. Watch out!
I was worried about Tron but it's proving me wrong. Looking good at the moment and after the resistance of o,367 it can fly higher! Bravo Tron
Just on support and a rise could now be possible.