TRX Swing Long Due to relative strong vs. overall market, long to 0.06158
Due to relative strong vs. overall market, long to 0.06158
TRXUST trade ideas
TRONUSDT - All set to take a flightTRONUSDT After completing ABCD Pattern and making strong Divergence and recently breaking the accumulation phase is all set to take a flight. Be ready !
Tron (TRX): About To Breakout!Tron is looking nice after forming a small cup there (bounce NR2 zone).
We are looking for a potential breakout from the neckline zone and a re-test of local upper resistance from where we expect to see some kind of rejection.
Although setup looks good for a while, we are still keeping an eye on it, as we might see a weakening to kick in and a failed attempt to breakout from the neckline zone, which would mean a sideways or downward movement.
Swallow Team
TRXUSDT Elliott wave countAbove 0.10475 we are looking to the upside for wave ((5)).
Equality between waves ((1)) and ((3)) could signal an extended wave ((5)).
From the guidelines of alternations, wave ((2)) a running flat correction may signal wave ((4)) ended as a zigzag correction.
Price bounced into the 0.382 fib retracement as usually a wave 4 do it.
Log scale used!!
TRX always dos its own thing 3D INV HS ? TRX , one of my SPOT holds is looking for 3D HL.
its in a 4 h rounding bottom on eof my "cumulate" patterns, that moved and now is looking for a 4h HL,
you can try and buy that backtest and risk off of the rounding bottom low.
don´t overcomplicate your trading !
I have 3 indicators,. VOL RSI and EMA12.
Priceaction is king and we are not in preschool drawing class!
draw IN what you ,must but get on with it ;)
Get great at TA and then trade fast! It takes ME 2 m to plan a trade and 2 m to put in the orders.
respect your stops and sizing !
enjoy
TRX signal#TRON :small_red_triangle_down: moves in an ascending channel in the daily time frame and is in correction mode in the 4-hour time frame.
The price is close to the $0.11120-$0.10520 support area, which is a strong demand area.
Its long-term trend is upward, and the short-term trend is downward. To stabilize the upward trend in the 4-hour time frame, the price must break the dynamic resistance.
TRX ( TRON ) tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Tron (TRX): 200EMA Been Broken!Tron is yet again at 200EMA trying to break this 4th time.
We are looking for a successful breakdown here, which would result in a strong downward movement!
Swallow Team
TRX limit orders ?TRX to bounce off ascending grind line ?
Also interception at prior support level on to the ascending grind lines
Go long if you get a hammer off this level?
Technical Analysis of TRX/USDT Chart (Tron/Tether) Key Levels in the Chart:
1. **Support Areas (Green Zones):**
- Near the $0.080 level: This zone acts as a strong support, with price reacting to this area multiple times.
- Near the $0.060 level: Another strong support zone that has held up the price in the past.
2. **Resistance Areas (Red Zones):**
- Near the $0.120 level: This area has acted as a significant resistance where the price has struggled to break through.
- Near the $0.180 level: Another resistance zone which the price has tested but not broken.
3. **Liquidity Levels (LIQ):**
- **Daily Liquidity Levels:**
- $0.03330: A lower level of liquidity on a daily scale indicating potential buy orders.
- **Weekly Liquidity Levels:**
- $0.01431: A weekly liquidity level indicating potential buy orders.
- $0.22890: A weekly liquidity level indicating potential sell orders.
Other Key Points:
- **Change of Character (Choch):**
- The first Choch occurred near the $0.020 level, indicating a trend change from bearish to bullish.
- A potential second Choch is marked around the $0.060 level, indicating a potential trend change.
- **Break of Structure (Bos):**
- The first Bos occurred near the $0.030 level, indicating a break of resistance and the start of a bullish trend.
- The second Bos is marked near the $0.16767 level, indicating a potential break of resistance.
Technical Pattern:
- **Consolidation:**
- The price has shown periods of consolidation between the marked support and resistance zones.
- This consolidation indicates indecision and potential build-up for a significant move.
Trend Analysis:
1. **Bullish Scenario:**
- If the price breaks above the $0.180 resistance level, it could move towards the $0.22890 weekly liquidity level.
- Target levels in this scenario:
- $0.180 (Resistance Area)
- $0.22890 (Weekly Liquidity Level)
2. **Bearish Scenario:**
- If the price breaks below the $0.080 support level, it may move towards the $0.060 support area, and potentially lower towards the $0.03330 daily liquidity level.
- Target levels in this scenario:
- $0.080 (Support Area)
- $0.060 (Support Area)
- $0.03330 (Daily Liquidity Level)
Volume Analysis:
- **Volume:**
- Volume analysis indicates decreasing volume during consolidation, suggesting a lack of strong momentum. An increase in volume on a breakout could confirm the start of a new trend.
Conclusion:
The TRX/USDT chart indicates a consolidation phase with potential for significant moves upon breakout from key levels. Traders should watch for breakouts from the marked support and resistance zones to identify potential trends. Support and resistance levels are crucial for decision-making, as their breakage can signify important market movements.
TRXUSDT COULD PUMP A BITHey, what's up fellow traders i think i found something that i can share with you. Though nothing is guaranteed here but i guess this gonna happen.... DYOR
TRX long ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
TRON BUYon the higher timeframe there is a breakout on Tron
We are at a major key level in the market, we have a corrective push to the downside now I'm expecting buys to the upside
TRX: On the Verge of Breakout - Will Resistance Hold?TRX is going for a re-test at $0.12352, which could allow gathering strength to breach the $0.12809 resistance.
A successful breakout of $0.12809 could catapult TRX towards the $0.13549 mark.
A decline beneath $0.11969, the key daily support, will amplify bearish pressures to $0.10416.
TRX - Inverse head and shoulder - Breakout ImminentBINANCE:TRXUSDT (6H CHART) Technical Analysis Update
TRX is currently trading at $0.12346 and has formed a inverse head and shoulder pattern. Price is currently around the resistance line, if see a resistance breakout then we have potential for a good LONG Trade.
I will wait till we have a confirmed breakout of the resistance and enter the long trade only after that.
Entry level: $ 0.12461 (Candle Close above this)
Stop Loss Level: $ 0.11752
TakeProfit 1: $ 0.12778
TakeProfit 2: $ 0.13172
TakeProfit 3: $ 0.13764
TakeProfit 4: $ 0.14398
Max Leverage: 5x
Position Size: 1-2% of capital
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
TRX Daily Signalling a drop for CryptoLooking at $0.108 for a buy on TRX here, and a Short on Daily close confirmation
TRXUSDT.1DAnalyzing the daily chart for TRX/USDT, several key technical indicators and support/resistance levels can help inform trading decisions.
Key Resistance and Support Levels:
Resistance 1 (R1): $0.14599 - This level currently acts as the immediate resistance. A breakthrough this point could signal bullish continuation.
Resistance 2 (R2): $0.18044 - This represents a higher target and previous peak that could act as a significant barrier.
Support 1 (S1): $0.09421 - Serving as the nearest support, this level has seen historical price interactions that suggest it might offer substantial buying interest if retested.
Support 2 (S2): $0.04774 - A lower support level, indicating a substantial drop from current levels, yet important in the case of a major bearish turnaround.
Technical Indicators:
Relative Strength Index (RSI): The RSI at 59.87 is moderately high, suggesting that there is still some upward momentum left before reaching overbought conditions (RSI of 70).
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line and both are trending upwards, indicating current bullish momentum. However, the proximity of the lines suggests a potential for volatility or a trend change if they start to converge further.
Trend Analysis:
The chart demonstrates a significant upward trajectory following a recent bullish momentum. The key will be whether TRX/USDT can sustain this momentum and break through the resistance at R1. The overall trend from the lows indicates a strong recovery and potential for further upside if the broader market conditions remain favorable.
Conclusion:
Given the bullish indicators and the price's recent behavior, TRX/USDT might be positioned for further gains if it can breach the immediate resistance at R1. Traders might consider taking long positions near current levels or on small retracements towards S1, setting a stop-loss below this support to manage risk.
Conversely, a fall below S1 might suggest a bearish shift, potentially exposing the next support level at S2 for testing. Continuous monitoring of the RSI and MACD will be crucial, as these will provide early signals for any loss in momentum or potential reversals. As always, external factors such as market sentiment and news should also be taken into account to align with overall crypto market trends.
TRXUSDT → Realization of bullish pattern + golden cross BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern
On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which generally determines the long-term prospects for us.
A breakout of 0.12189 range resistance could be a good signal for growth continuation.
Support levels: 0.11788, SMA
Resistance levels: 0.12189
SMA are forming a cross on H4, which is generally a positive signal. A retest of the range resistance may lead to its breakout and further growth to 0.14500.
Regards R. Linda!
TRXUSDT - Cup & Handle - Bullish ContinuationBINANCE:TRXUSDT has formed bullish divergence and cup & handle pattern (bullish continuation pattern) indicating imminent bullish momentum! Buy at current market price!
Tron TRX price steadily moving up step by step#TRXUSDT price has been showing a clear, probably ‘artificially maintained’ upward trend since the beginning of 2023.
And even now, the AMEX:TRX price is showing a greater rebound than CRYPTOCAP:BTC
What do you think, what is the chance that the #Tron price will show growth to at least $0.14 in the next 1-2 months?
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TRON PriceThe TRON (TRX) coin directs buyer accumulation and trades close to the prompt hurdle of $0.1300. The coin price is poised for an up move and is looking bullish on the charts.
Lower time frame failing but higher TF showing EQPretty clear trends on the lower timeframes right now, tightening up in a nice wedge on the higher timeframes.
I am scalping these hourly moves down and up but keep a close eye on that HTF support we may be running to next. I will be flat while the market decides its direction. Because that will be big move, i'll have plenty of time to catch the meat of that move.
