TRXUSDT |DECRYPTERS| TRON| TRXHi people welcome to Team decrypters
We taking TRX short like we did FTT AND LUNA FROM TOP
Reason is simple
Short the Justin Sun
TRON
TRON $TRX Takes an 8% nose-dive!His excellency Justin sun better not lose that $0.045 $TRX line of defense! TRON is generally not an asset to short due to its historical stability, but who knows what's on the plate this time around?
I believe it's still a great opportunity for longs but once you lose that red line, then it will get ugly ahead!
✳️ TRON On A Long-Term Path Towards 700 SatoshisTRON is aiming at 700 satoshis (0.00000700) and since January 2021 we have higher highs and higher lows.
Recently, after a new resistance level was conquered in June 2022, we are seeing bullish consolidation for the past six months.
Trading within a bull-flag, we can expect higher prices in the months to come.
This is a long-term analysis.
Namaste.
TRX - Range trend but positive momentumDuring the past weeks, TRX had a range trend but positive momentum. The price of Tron entered a correction after the bearish wave, which was able to stay at the support level of $0.053-$0.054 by breaking the downtrend line drawn in the previous analysis. Again, a positive reaction has been observed at this level, which indicates the attempt of buyers to grow the price to the resistance of $0.057 to $0.059. In general, the major resistance in daily time is considered in the range of $0.070. But in the 4-hour period, if the $0.059 resistance is broken, we can expect further growth and an upward trend. So, in general, for this week, the resistances of $0.059 and $0.062 can be short-term targets for buyers. You can also consider a narrow ascending channel for the price in the 4-hour timeframe. As long as the bottom of the channel is maintained in the orange range, we expect the price to grow.
TRXUSDT TECHNICAL ANALYSIS$TRX launched in June 2018 and TRON value was $0,052, last ATH was $0,178. Tron has been lost value lower than when first launched. We haven't got any BUY signals from our robo advisor/ indicator @EngineeringRobo yet in daily chart. But we have got our first buy signal with MA20&50 then MA50. Also, the candles are already breakout down trend-line plus one candle opened-closed completely above down trend-line. It may an opportunities for buy then we may earn first of all 5% then 10%.
Let's follow our chart closely and do not forgot the follow me.
"NFA""
💲Tron Ready To Strike Out💲💲Tron Ready To Strike Out.
💲After a perfect defense of the support zone set by the 0.382 level, we begin another attempt to attack northward.
💲Tron, in my opinion, has really great potential for growth.
💲It stands out very positively against the rest of the cryptocurrencies.
💲Looking at the technical environment, I do not have any doubts about the probability of the continuation of the increases.
💲In my opinion, it is more likely that the next few weeks will bring increases.
💲The scenario I am playing out is a continuation of the increases on TRX over the next few weeks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
The 0.05358 point is stronger than any pointHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
It has risen in the section where the power of the rise is gained.
In order to release this force, we need to see if the price can sustain above 0.0000 0318.
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(TRXUSDT 1W chart)
The key is whether it can get support around 0.05358 and rise above 0.06004.
If not, a fall below 0.04562 is highly likely and you should think about how to counteract that.
(1D chart)
TRX is linked to USDD, a stablecoin.
Therefore, a drop in the price of TRX is likely to have a profound impact on the shape of TRX.
So, I think keeping the price above 0.05358 is of utmost importance.
Therefore, you have to work hard to ensure that USDD is pegged to $1.
Those who believe in TRX and continue their mid- to long-term investments should take advantage of this and take a trading method that increases the number of coins corresponding to profits while recovering the principal amount purchased.
The next volatility period is around January 15th.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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#Tron Bounces 12% from November Lows, TRX in a Bear FlagPast Performance of Tron
Tron prices are within a classic bear flag, adding 12 percent in a possible dead cat bounce. Overall, the TRX price formation is anchored by bears of early November since bulls are yet to reverse all losses. Traders can look to unload on every pullback higher but below $0.057.
#Tron Technical Analysis
TRX bulls appear to be in control, printing higher highs relative to the lower BB. Notably, prices are inside a rising channel. Even with this, TRX prices are higher, lifted by relatively low trading volumes, as the past six weeks of trading activity reveal. Therefore, if TRX is below $0.057 and inside the bear range set between November 8 and 14, the probability of the coin dropping further is high. Conservative traders can wait for a clear trend to form. Any gain above $0.057 may see TRX rise to $0.064 and November high is a welcomed bounce. Conversely, losses below $0.052 and December 20, below the lower trend line of the rising channel, will cancel this bullish outlook.
What to Expect of #TRX?
Buyers are upbeat, but prices are inside a bear flag. The leg up also has lower trading volumes, meaning sellers are still in control. Any break below the rising channel, allowing prices to sync with losses of December 20, could see TRX sell-off stiffly.
Resistance level to watch out for: $0.057
Support level to watch out for: $0.052
Disclaimer: Opinions expressed are not investment advice. Do your research.
TRXUSDT TECHNICAL ANALYSISTron $TRX has lost approximately 66% value since May 2021 till now. So many coin has lost over 90% and the TRON was trying to keep value stronger. We haven't got any buy signal from our robo advisor @EngineeringRobo yet but MA 20 & 50 has changed direction at the moment and it give us first buy signal. If the candle keep going stay green, first of all we may earn approximately 6% and our target might be our down trend-line. We are still on the bear market and if we use leverage, we may double our money.
Let's follow up our chart closely and do not forget to follow me.
"NFA"
trx viewpoin shortHi, 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
✴️ How To Trade Cryptocurrencies | It Is Very Hard... Is It Not?It is hard... We know it isn't easy.
To look at this chart and call for a reversal.
To look at any chart and say anything...
It is hard because it can always change and whatever you see might not be true.
So one needs balls to be able to jump in and say, this is my view.
Or it can be easy... It can be very easy with a plan/strategy on how to trade.
Here we have this beautiful chart.
I don't know, it looks beautiful to me somehow.
The fact that price actions drawn as candles forms patterns...
The fact that a bounce happens each time at support.
It can be easy too, stay with me.
Some have the wrong focus think/say you got it right, you got it wrong... But this is not about being right or wrong it is about sharing my view so that you can do your own thing.
You do not decide based on what we say.
You make your own decision based on your own trading strategy and our charts can help you to adapt and change.
Maybe you can improve on a target...
Maybe you can decide to close a trade...
But that is a decision you make after your own research not because of a single trade idea you read.
Anyways... It can be easy because support is found 17% below the current price. That's the risk.
If you buy this pair and TRXUSDT drops by 18%, you close the trade at a loss. This is a calculated risk, you know exactly how much you are risking.
If it breaks bullish, you can sell for profits on the way up.
20%, 40%, 80% up to 100% and more.
Actually... This is so easy.
You simply buy and hold.
If the pattern breaks down, if the trade goes wrong;
Close at a loss.
If we have a bullish breakout, we start green and the rest is to collect your profits on the way up.
Only 2 possible actions: Buy and sell.
With the first one, BUY, you hold.
With the second one, SELL, you are done and can start looking for a new trade.
Alan Santana writing for you!
Remember to boost 🚀😄🤗
Namaste.
TRXusdt 3D important support zone Well in the chart we see the triangle pattern that is an important support range and with the complaint of this area, otherwise the line fails; The upward trend is formed.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Tron Maintains Support Zone💲💲Tron Maintains Support Zone
💲As can be seen on the chart after the sharp falls that occurred at the end of the current week.
💲Tron found support around the 0.382 level of the entire upward wave from the bottom and made a tentative rebound.
💲Looking at the technical environment, I do not think that the current tentative bounce will bring a continuation of the uptrend.
💲It looks like we will still have to wait for a strengthening of the current support zone and an impulse in the crypto market that could generate a buy reaction.
💲The scenario I am playing out is to wait to see how the price behaves in the coming days and to wait for the right moment to join the continuation of the uptrend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Trx set to make quick recovery from break to the downside.Back in October 20th I mentioned Tron had a chance to breakout to the downside and if so it will make a quick recovery back to the upside. So far we've had this temporary setback as foretold, and therefore we expect a quick recovery from here on. So far looking promising 👌 😀
TRXETH Breaking Out, Heading to All Time Highs?TRXETH looks ready to follow through with this breakout that happened a few months ago. TRX has been outperforming during crypto market downturns this year so this will probably coincide with lower prices against USD for most cryptos. ETH will probably go under June lows while TRX remains relatively stable or possibly even goes up against USD. Long TRX/Short ETH is the best way to play this. River theory indicating TRXETH should get a big move up very soon. When ETH bottoms close the short end of the trade and stay long TRX.
I suspect that this move following the breakout will be at least 161.8% of the first move up which will put TRXETH right around the previous all time high.
Trading opportunity in TRXUSDTBased on technical factors there is a Sell position in :
📊 TRXUSDT Tron
🔴 Sell Now 0.05451
🧯 Stop loss 0.05605
🏹 Target 1 0.05285
🏹 Target 2 0.05065
🏹 Target 3 0.04715
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Tron TRX price at the start of a strong trend moveTRXUSDT price has been demonstrating one of the longest consolidations since April 2021, 20 months.
You understand that in consolidation: those who believe in growth are always buying at different levels, and those who believe in depreciation TRX are actively selling their portfolio.
So when the TRXUSD price breaks out of this consolidation, there will be a strong and prolonged price movement in one direction.
The ambitious goals of longs are growth to $0.09, and if they are lucky, to $0.13
Benchmarks for shorts - falling to $0.035, and if lucky, to $0.0175
Which scenario Tron price move is closer to your heart? Whose side are you on?
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🔥✅FIRST DIGITAL YUAN: STRONG FUNDAMENTAL SIGNAL FOR TRX🔥 Hi friends! Tether and TrueUSD released Chinese offshore yuan on TRON. CNH₮ and TCNH will drive the next bullish trend in crypto, says Justin Sun (owner of TRX and Huobi).
✅ This will definitely lead to an increase in the number of users (TRC network) and the development of the blockchain system on Tron. Good fundamental news!
Now the price consolidate inside the huge triangle which is part of global bullish pennant pattern.
📊 TRADING PLAN FOR TRX:
🔥 squeeze to the trendline and test it as the support. I want you to pay attention to the possible manipulations below the local lows. The whales collect the liquidity in this way
🔥 huge whales buy orders before the breakout and during the test the triangle as support. I use DOM and Footprint to track such activity and open a trade with the biggest players on the market
🔥 bullish BTC
🚩 Friends, push boost button of you remember BTC global triangle in 2018. And after the 5-6 tests the price finally broke it down. I think that the same things can happen on TRX. So it will be even better opportunity to enter the TRX because a lot of retailers will wiped out and the price will grow even higher.
✅ MID- AND LONG-TERM TARGETS FOR TRX:
1. $0.092 - key level and local high
2. $0.18 - key level, ATH
3. $0.45-0.5 - technical target according to bullish pennant pattern
🚩 Tron ranks 15th among the largest crypto and has a capitalization of $5 billion. So, the growth by 600-700% will not be a difficult task for this altcoin.
Are you bullish on TRX? Write your thoughts and targets for TRX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
#TRX - Testing key resistance for potential breakout#TRX - Testing key resistance for potential breakout
Entry Conditions:
- Premprt FOMC announcements for a pump
- Justin Sun longs TRX w/ big money (apparently)
- Bullish Divergence
- RSI Breakout
- Unfilled Weekly Pivot
InvestMate|Tron Ready For Growth?💲💲Tron Ready For Growth?
💲Tron just like the rest of the cryptocurrencies in my opinion has a really good potential for growth.
💲It is one of the most prominent cryptocurrencies.
💲Therefore, I believe that sooner or later there will be increases on Tron.
💲Looking at the sustained uptrend for weeks now.
💲And given the fact that interest is returning to the cryptocurrency market.
💲It is not hard not to get the impression that increases on Tron are inevitable.
💲I expect that over the next few weeks we will see the vicinity of the levels of the resistance zone determined by me based on the cluster of two fibo levels. The first is 0.382 of the downward wave from the peak of 08.05.22 to the bottom of 14.11.22. The second level is 0.236 of the entire downward wave from the peak of late 2021 to the bottom of 2022
💲The support zone remains the space between the 0.382 level and 0.5 of the current upward wave.
💲Looking at the MACD and RSI, I have no doubts of continuing further increases.
💲The scenario I am playing out is a continuation of the increases to the vicinity of the resistance zone levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
TRXUSD - Oversold - Small bounceOn the chart, we can see TRXUSD is currently oversold.
This oversold condition is suggesting that the price will bounce up. This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands , RSI and Stochastic .
See all further details on the chart.
Goodluck!
TRON, which is expected to promote new business in 2023...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
A rise above 0.0000 0318 is expected to release bullish strength.
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(TRXUSDT 1W chart)
The key is whether the price can stay above 0.05358 to break out of the long-term downtrend channel.
And, ultimately, whether it can rise above 0.06236 is important.
(1D chart)
The key is whether it can rise with support in the 0.05136-0.05358 range.
If not, a decline to around 0.04437 is likely.
Since TRX is issued as a stable coin, a drop in the price of TRX can create a great risk.
(USDDUSDT 1D chart)
Therefore, holders of TRX need to pay attention to USDD's pegging situation.
We are currently airdropping APENFT (NFT) tokens until 2023 to promote new businesses.
Attention is focusing on whether the victory or defeat of the business to be carried out this time can change the fate of TRX.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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