Trxusdt
TRON (TRX) - May 9hello?
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(TRXUSDT 1W Chart)
Resistance: 0.11228-0.12526
Support: 0.04736-0.06034
(1D chart)
(buy)
- After confirming the support at 0.08631
(Stop Loss)
- When the resistance falls below 0.08223
(Sell)
- When receiving resistance near 0.10176
- When receiving resistance in the range 0.11228-0.12526
If the price holds above 0.08223, it is expected to surge.
This is the same as saying that a fall below 0.08223 is likely to lead to further declines.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRXUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.08 - 0.09 - 0.1
after first target reached move ur stop to breakeven
Stop: under 0.057 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Confidence growth of the Tron in a falling marketTwo weeks ago, we were doing a global idea for a couple of TRXUSDT
During this time, the condition was met that buyers did not allow the Tron price to fall below $0.06, which showed their strength.
But even greater enthusiasm has been shown in recent days, when the whole crypto market is falling and the price of TRXUSD is rising.
A positive signal can be considered the fact that growth is booming at higher volumes, interest in the coin is impressive.
The critical level near which will be the struggle between buyers and sellers is in area $1.
Fixing the price of TRXUSDT above the black trend line will pave the way for growth on the white route.
We also traditionally offer you a medium-term trade:
Entry: $0,085
Stop: $0,798
TP-1: $0,112
TP-2: $0,134
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TRON | Will it make further gains? The TRON (TRX) price weakened after it moved up to its year high in April but since late July it has being showing an uptick to be valued at $.013 giving it a market capitalisation of $10.42bn by 26 October. The cryptocurrency recently surpassed 58 million accounts and has announced new development projects.
Data from Tronscan shows that the total number of TRON accounts has surpassed 58 million, with more than 2 million transactions processed daily.
On 26 October, there were 71.66 billion TRX coins in circulation, of a total supply of more than 100.85 billion. The company has a market capitalisation of $7.4bn, according to data from CoinMarketCap, ranking it the 30th largest cryptocurrency by total value.
As of 20 August, there were more than 10 million accounts holding BTT – 20% of the total accounts on the TRON network.
On 18 August, data from the CryptoRank blockchain data platform showed that the total TRON coin value locked on the TRON public blockchain broke $10.1bn, ranking it third behind the Ethereum and Binance Smart Chain (BSC) blockchains.
TRON uses three-layer architecture – a storage layer, core layer and application layer. There are several modules in the TRON core layer, including smart contracts, account management and consensus, according to the company’s white paper, which offers TRON potential for growth. TRON runs on a Delegated Proof-of-Stake (DPoS) consensus in which there are 27 super representatives (SRs) that produce blocks on the chain. Every six hours, TRX account holders can freeze their accounts and vote for SRs. The protocol generates a new block every three seconds, and each block awards 32 TRX to SRs. This process allows for faster throughput than some other blockchains.
Developers can create distributed applications (dApps) and customised wallets on the blockchain. Smart contracts enable TRON to develop non-fungible tokens (NFTs). The developers announced on 23 August that TRON has made a strategic investment of an undisclosed amount in the DeFine social NFT platform. The funding will be used to develop “the first NFT marketplace in the TRON ecosystem and launch auctions soon”.
TRON also announced that the network’s BTFS file storage system will integrate with DeFine in September. And TRON plans to expand its NFT ecosystem with APENFT.
The TRX price reached an all-time high of $0.3004 on 5 January 2018 during a strong rally in cryptocurrency prices. The markets subsequently collapsed, with TRX ending the year around $0.01. The TRON trend bottomed at $0.0088 on 12 March 2020, turning higher to reach $0.02 by the end of the year, and then bursting up to a peak of $0.1799 on 17 April as cryptocurrency markets rallied. They fell sharply over the next week before peaking again in May at $.015.
The price dropped to a low of $0.0468 on 22 June, rose to $0.0698 on 29 June and then slipped back to $0.04917 on 20 July before the recent rally. TRX reached $0.0951 on 15 August, its highest price since 19 May. There was then a longer rally saw them peak in September at $0.12. Another trough and small recovery has seen the price reach $0.1 by 26 October.
The moving average convergence divergence (MACD) and momentum indicators were neutral, while the relative strength index (RSI) was 59.03, indicating that TRON was a neutral. An RSI number above 70 indicates an asset is overbought, while a number below 30 indicates it is oversold. We can predict that the TRON price will drop by more than 9% to $0.093 by 25 November.
We also Believe TRX/USD forecast is bullish, projecting the price will rise from $0.1039 at the 2nd week of November to $0.163 in a year's time. It then estimates the price will more than double to $0.418 by the end of 2023.
TRON price prediction also anticipates that the price will rise, but at a slower rate. The price will average $0.161 in 2021, rising to $0.18 in 2022 and $0.293 in 2023. For the longer term, it projects the price will average $0.453 in 2024.
It is possible for TRON to end 2021 at $0.16, rising to $0.24 at the end of 2022, but then growth will slow from 2023 to 2024 to reach $0.37.
If you are looking to invest in the coin for a long-term,
- Our option for #TRON is BUY AND HOLD IT.
It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
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Have a profitable trading.
| Review and analysis by Samadi.Finance |
TRX - THE TRON POWER - ONE OF THE SELECT COINSTRX shows movement volume into small range trading
The long-term goal of 0.158+ USD + is a possible trend - Depending on last chances on the coin.
This view is long term view - TRX shows some important patterns, what seems that this coin could be the next breakout coin into long term view.
Why increase?
- TRX shows volume movement and good technical signals
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time. - this last one is very important.
TRXBTC - Start For 3/8X
TRXBTC :
Break is confirm
BUT :
Price needs to hold this area!
maybe we have a fake break
you can buy now and put your stop loss (if the price closes under the area you can leave from this trade )
or wait for the pullback and then buy it...
note : market is very high risk on buyer position. please consider this and do money management.
TRXUSDT RESULT : +25% ✅ #TRONAll Short-Term Targets REACHED : +25% ✅✅✅
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.04.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BITCOIN 30min TA : 05.04.22 (Update)You can see the amazing reaction of Bitcoin to its support level , and of course, it should be noted that the trading volume in the 37K range was very interesting , we have to see how the market will react with today's news .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.04.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
#Tron Defying Strong Gravity, #TRX Buyers Target $0.Past Performance of Tron
In a sea of red, Tron is defying gravity, ending last week strongly as per the candlestick arrangement in the daily chart. The coin is up roughly 10 percent in the past trading day and a massive 16 percent versus the USDT in the previous trading week. TRX bulls are resilient against bears, maintaining a bullish trend and impressively soaking in selling pressure.
#Tron Technical Analysis
Tron is within a bullish breakout formation from a top-down analysis. Notably, TRX prices are bouncing from the 20-day moving average, flashing with April 21 lows. The bull bar capped the recent price action. Since bears didn't drive TRX prices below $0.061, the sharp reversal from the critical level points to strength and trend resumption. Accordingly, TRX traders may search for entries with targets at April 21 highs of $0.075. Conversely, sharp losses below the middle BB may force TRX to $0.57.
What to Expect from #TRX?
Tron bulls are confident. The bullish engulfing bar of May 1 signals strength and possibly a resumption of the uptrend. In the immediate term, TRX may recover and retest April 2022 highs of around $0.075.
Resistance level to watch out for: $0.075
Support level to watch out for: $0.057
Disclaimer: Opinions expressed are not investment advice. Do your research.