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...
ENTRY : 0.07668 SL : 0.07618 TP1 : 0.07732 TP2 : 0.07821 Do not forget to observe capital management
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...
Hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) extended a recent bull run for a fourth day, with today’s move taking the token to its highest point since last Sunday Following a low of 0.08221 on Thursday, TRX/USD climbed to an intraday high of 0.08417 earlier in today’s session. Tron bulls appear to be targeting a...
What is TRON? TRON’s tagline is to “decentralize the web,” and its ecosystem consists of several decentralized applications, some of which are quite well known. However, its primary purpose is to decentralize the content creation and distribution industry, which has received criticism for its censorship and unfair revenue distribution. To this end, TRON provides...
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...
TA isn’t specifically bullish. I back the fundamentals of TRX and believe it’s undervalued over many other tokens.
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.
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the TRX symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
TRX/USDT :: The price has not yet touched the bottom of the grand channel, however, it will have a corrective movement towards the middle line .
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...
Hi, dear traders. how are you ? Today we have a viewpoint to SEL/SHORT the TRX symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
🟡TRX is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a...
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...