TRX IS FUELING UP!MACD is divergent in the positive area and has room to grow. The price is riding a trend line and has managed to break out of a descending trend line that was resistance. The value area between 0.081 and 0.092 shows that TRX has enough strength to scale higher. This trade could procure a profit of 35% - 40%. The support zones are designated in green and resistance zones in red.
Tron
$TRX breaks the major resistance and pushing higherTRX breaks the major resistance and now retesting it.
broke the downtrend line and pushing higher.
Also, Dominance is also going lower pushing some alts higher.
$0.0931 - $0.097 is the major resistance level and $0.08 - $0.082 is the support zone.
This is good time to buy some TRX
TRON (TRX) Price to Double in Value? 99% In ProfitIn one of my previous videos, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end.
TRON (TRX) Price to Double in Value? 99% In Profit• In one of my previous statements, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end.
TRX just broke through a newly-formed trendline, and it looks like the rocket is about to shoot up.
• On this chart, I indicated major levels of support and resistance. Even if TRON begins climbing all the way up to its previous all-time-high, there will be corrections on the way up.
• The overall situation in the market seems promising. So, my expectations would be that TRON will repeat a similar scenario that is now played out by assets like SushiSwap, Fantom, and even XLM.
• I’m done for now. I will have one more livestream later today. Thank you for watching this video. If you enjoyed it, consider subscribing to my channel. Perhaps, your trading and investing karma will go up. What goes around comes around.
trx/usdt 4 hour analysis trx/usdt bearish rising wedge
and 4hour analysis is short trade ready for trx ...
thanku....
Tron TRXUSD - ATH SOON + Ascending channel- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
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TRX fuelling up for breakoutGoing by the chart, TRX is moving in an Ascending Triangle.
Going by the rules, looks like TRX has already touched point E on the chart, and in a day or two it should breakout soon.
Potential entry zone should been between 0.08400 - 0.08550 and keep a stop loss at 0.8309 (3% Loss).
I have also given potential profit booking zones.
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TRON analysis in 2H time frame* TRON is in a tight consolidation between it's resistance around $0.09060 and the below trend-line.
* The below trend-line is working as support for the price.
* If the price breaks the above resistance we can expect a rally till $0.0960.
* TRON is bearish below the lower trend-line (support).
TRON - 3.5 Year Bullish Wedge Near Completion, Get Ready!TRX isn't on many radars as it has been pretty dormant the past couple years, but long periods of low volatility often lead to powerful spikes. You can see the falling wedge in pink that TRX has been bounded by the past couple years. But Bitcoin's latest surge has brought some life to alts and has TRX knocking on overhead resistance. You can see that the weekly MACD is very bullish as it finds support above the zeroline. Once resistance is broken, I think TRX will go crazy. Barring a BTC collapse, I think Tron is poised for a massive breakout. I know the volatility TRX brings (see Dec 2017), so I'm making sure I'm on this rocket ship before it takes off!
TRX is going to be volatileTRX should go to the resistance zone. on its way, there's a redline. if price breaks this line, it can go up to the next target. although there's no clear analysis of what happens in this gap.
The red support shown in chart is really powerful and will not be easily broken.
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