Logarithmic chart shows tron in a massive triangle which is holding for now , if the market doesn’t fall bad and keep how its going and if triangle doesn’t break down then i think 2$ for trx is an appropriate target at the end of 2024 and peak cycle , it showed a good strength and also having a greatest daily usage by user , china entering and legalisation the...
TRX going to lose the trend line after breaking the ylw zone we starting downtrend
This is the best crypto coin that I can find. VOLUME On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right. PATTERN The Pattern printed is a typical VCP (for the Minervini students) BASE CHARACTERISTICS We have very...
💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀 💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains...
The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric! But the trx went above the red box of the previous analysis and made a stop hunt. I think we are at the end of wave F and we will have a fall for wave G. In the red...
Price has broken above the Gaussian Chanel on the Weekly timeframe This is similar to a previous event which led to a large bull run Will it repeat?
This is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its...
When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support . Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it,...
hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) rose to a multi-week high on Thursday, on the back of reports claiming that the blockchain sees nearly 5 million daily transactions. TRX/USD peaked at 0.08322 earlier in the day, which comes following a low of 0.08043 the day before. As a result of today’s gains, tron has now...
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...
hello everyone... as you can see trxusdt made a H&S pattern but we have not any confirmation that is a reversal pattern or a continuous one, however, the daily time frame shows us a bullish trend: but it is great if we get a position after the breakout, so if the neckline breakout you can get a long position! _______________________________ always do your...
hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron is the current outlier in our list, as it managed to register an increase of 1.8% this week. This is surprising, considering most altcoins are in red This performance can be explained by the price action, which placed TRX in an uptrend since the start of the year. The price has been...
TRX has been trading in a very stable uptrend since the November FTX lows. Whilst the market has seen a lot of volatile ups and downs, TRX has been very gradually increasing in value. Most important aspect of the chart is the bottom support of the parallel channel (the top resistance is a direct copy of the bottom support). This support has held 5-6 times already...
On the daily chart, there's an upward trend pattern. Right now, the price is testing a barrier at $0.078. If it manages to break through this level, we can expect the price to continue rising, possibly reaching $0.085. However, if the price can't surpass this resistance, we might see it drop down to around $0.072. Additionally, the Relative Strength Index (RSI)...
Tron's Ethereum trading pair has been trading at lows within the bounds of this range since near the end of 2020, and now as price approaches the end of 2023, We can see that it is attempting a Partial Decline, which can only be considered a confirmed Partial Decline once and if price hits the top of the range again from here rather than first making a full...
This is a follow-up to this trade below: TRX has been holding up here in this zone despite the bearish price action on the macro, has recently started to press up against the resistance zone above, and has also once again defended its bullish trend line. If this price action continues, we could very soon see TRX jump up to the upper end of the range at around 18...
Tron blockchain is necessary and I don't see much decline in it. It has performed well compared to others during the crypto crash. The price pattern is rather good. Waiting for point c would be ideal, but I don't think that point c would be a heavy drop considering the specifics of the trx movement. Point b is also currently in progress, which already indicates a...
"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted...