🏃♂️ 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...
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...
daily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis. TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory...
If Tron can breakout of the .1106 level, it might be able to run hard for a bit. It's above the 50 DMA and the 200 DMA on the 15 min chart as we speak.
NASDAQ:TRON try to break 7 days and 14 hours consolidation, and performing bullish flag. Target from this pattern at same level as B point (previous fibonacci analysis) to follow bullish movement, we can enter at flag support or wait at major support. and set target at pattern projection at 0.10976 or set at maximum target 0.11549
AMEX:TRX inside ascending triangle and already touch fibonacci support 0.10212 this coin already enter accumuation with 5 days and 12 hours consolidation, you can see I also draw bullish trendline, in the next hours (not more than 12 hour), this coin will rally to reach triangle resistance, maybe with little a pump, that indicate the consolidation time already...
BINANCE:TRXUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and...
📈After rising from the 🟢Support zone($0.10130_$0.10080)🟢 again, TRON(TRX) wants to try its luck to break the resistance line for the third time . 🏃♂️ TRON(TRX) is currently moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and SMA(100) . 🌐The bad news for TRON(TRX) is that 75 million TRX were transferred from FTX to Binance...
Formation of an ascending triangle on such a large timeframe. Working out of the previous descending triangle is shown by red lines! Price is clamped in the triangle, volumes are decreasing, there is a possibility of accumulation of coins before the breakout and achieving the specified goals Thank you for your attention
The TRXUSDT price often moves differently from the rest of the market. This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time. So, the other day, the TRXUSD price hit a strong...
TRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern, price pulled back near $0.073 support and broke back above $0.08 resistance to resume uptrend, with upside to $0.086. It is also positive to see that during this recent downswing, price reached a bottom at ~$0.07 which was higher than during the prior major...
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
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.
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...
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...
Lately, the cryptocurrency market is not as heavy as it used to be. You just need to expect what you plan. Trading charts almost never lie and interesting news such as Delistings, Scam projects and so on come out for each price and level. Thanks to the news about Justin Sun - We are making a great profit. Hello again to everyone who follows my trading...
After the United States Securities and Exchange Commission sued Justin Sun, the founder of Tron(TRX), on charges of selling and issuing unregistered securities, fraud and market manipulation of this digital currency, the American branch of the BinanceUS exchange decided to Remove from trading list. The publication of this news caused the sales pressure of Tron to...