Bearish on $TRX1. We are above previous week high. 2. We have mss. 3. We have a run on stops. 4. We have an immediate rebalance hence indicating strength. 5. We have our draw as the volume imbalance.Shortby Sherman_Trades5
TRON // TRX/USD TRON // TRX/USD Simple :) Longterm analysis with Just 2 parallel lines #trx TRX/USD 1w Lineer by Cryptollica2
Tron's triple trend in next bull runThe steady upward trend of Tron might interest many investors who like the combination of creativity and earning money with internet content. Because that is the main goal of Tron: to facilitate creative people to earn income with various content. The fundamentals of Tron are quite nice. The price action of Tron is a steady upwards flow, accompanied by some extra strong gains and profit takings. It probably will continue doing that, and it might be one of the big winners in a next bull run, which many analists say is about to happen this quarter or next quarter. Let's see first if it can go to 14 cents, and after that, it might touch its ATH of 35 cents. That means it will triple its price from today. Downside of this coin is the total supply of 100 billion tokens, which in the market of today means it will be enormous difficult to reach 1 USD. Longby Trado332
TRX Short as previously mentioned, Tron has been in a range for the next few weeks and right after breakout has been in the range again with bearish engulfing candle. high probability that it will go down the bottom of the range and where is our target is! Shortby RazaKhan07Updated 331
TRX Solid ShortTRX has been in a range for months, tried to break out failed and back in the range with bearish engulfing candle, we are short from here to the next support zone! Shortby RazaKhan07Updated 112
TRXUSD - Global Idea dump on 37% in autumnWhat will happen to the coin in the near future with a high probability. Buy exclusively from these zones and the red zone is a squiz zone if bitcoin is very bad and it falls badly in autumn. The expected start of the bull race on TRON TRX is waiting for a week-long candle on November 14Longby FTT_TRADER369Updated 6
#TRXUSD Currently, it seems that the price of Tron is in a weekly upward wave, and now after the completion of the wave (II) with a zigzag correction and collecting orders (Stop Hunt) it is ready to start the upward wave (III) .Longby ha_jahan2006Updated 4414
TRX 6-year resistance breakout?It seems like TRX is finishing setting up the breakout of a 6-year resistance line, going back to 2018. Upward movement is very healthy, and the very low volatility and volume imply a large movement ocurring soon. The range between 2020/03/13 ($0.0066358) and 2021/04/16 ($0.18442608) give us a target of approximately 2780% x 0.1085 == $3.15. Longby catnip_4413
A crypto in a bullish trend?!Yep. Tron is and HAS been making sustained higher highs and higher lows. This is in a bullish trend on ALL time frames. Own or be long... looks appropriate to meLongby ReallifetradingUpdated 1111
TRX (Crypto TRON ) Sell TF D1 TP = 0.0875On the D1 chart the trend started on Nov. 14 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.0875 (Binance) But we should not forget about SL = 0.1135 (Binance) Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTradingShortby WeBelieveInTrading0
TRXUSD.PI believe that a significant Bitcoin price drop to $35,000 could trigger a liquidity crisis in the broader cryptocurrency market. This event would likely lead to a widespread sell-off of various coins, including Tron. Tron's vulnerability stems from its common use as a margin currency for Bitcoin trades, meaning a Bitcoin plunge could force Tron liquidations, driving its price downward. Adding to my bearish outlook for Tron is its current position near a key Fibonacci retracement level, a technical indicator often signaling potential price pullbacks. Should Tron fall below this level, it could signal further declines.Shortby robinhoood112
Tron, 5 days consolidationAMEX:TRX inside ascending triangle and already touch fibonacci support 0.10212 this coin already enter accumuation with 5 days and 12 hours consolidation, you can see I also draw bullish trendline, in the next hours (not more than 12 hour), this coin will rally to reach triangle resistance, maybe with little a pump, that indicate the consolidation time already over. The worst case is fibonacci support at 0.10212 break down, if this happen, I still have ascending triangle support trendline. My entry : .10310 current price .10212 fibonacci support .10018 Higher low Target : .11017 Ascending triangle resistance Risk every entry : .00100 Risk reward ratio : 6.54 Actual profit percentage : 654% Good luck, happy trading. Longby AzrulAzirUpdated 2210
Tron Bullish signalWe have identified a strong bullish setup on the TRXUSDT H4 chart. The bullish order block appears robust enough to sustain its uptrend, with a risk-reward ratio of 1/5Longby ilia.gobadzeUpdated 14
TRXUSD longHi traders! The price has been in a very well respected channel since November 2022. We are expecting the price to retest the upsloping support and from there to continue the upward trajectory. The long position can be taken at the upsloping support and the target would be at the upsloping resistance which is the upper boundary of the channel. Longby vf_investment115
TRX to $0.12? Prepare for a Long!TRX continues to march into its current bull channel, pressing on for higher prices. The price just touched the channel resistance and is pulling back, but to what price? We have the previous high in the channel at $0.095 then the 30EMA and bull channel support around $0.09. How do we trade this? We're in a bull channel, which means our probability of profit is higher if we long. If you longed at the channel support every time the price made contact, you would make money. Let the trend do the talking and follow it. We should be looking for entries near two key support levels: the 30EMA and bull channel support, which is around $0.09. Do we simply long when that price is hit? Absolutely not. Wait for a strong bull signal bar closing on or near its high at those levels, confirming that the support is still being respected. Once you see that bounce, it's reasonable to enter a long, place a protective stop just below the channel support, and set your take profit somewhere in the top 20% of the channel as shown in my analysis. This gives you a 1:3 Risk/Reward ratio, meaning you could run this trade 10 times, hit your take profit 30% of the time, and still be profitable. Bitcoin is also at risk of pulling back since it's near Weekly resistance; see my recent analysis for reference. TRX RSI is also around 70.00 which is a weak indicator on its own, but supports the previous data points mentioned here. Key Points 1. Bull Channel. Look for Long Entries. 2. Channel Resistance Touched. Pullback in Progress. 3. Bitcoin Leading Indicator, Risk of Pullback. 4. RSI near 70.00, Plenty of Room to Fall. 5. Look for Bull Signal at Weekly 30EMA. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!Longby TraderEngineering3
TRX/USD Main trend. Cup with handle. Triangle.The main trend(most of it). Logarithm. Weekly chart. Coin in coinmarketcap : TRX An idea to understand the trend and visualize the formation of a bullish formation in a bear market and such large size. The reversal/jamming zone is yellow levels. Quite a long time the price is squeezed the final phase of the triangle. Volatility is decreasing. At the decoupling, the exit is very likely to be momentum by a significant percentage. Linear, to understand the trend and clarity of formations. A cup with a handle, a large triangle with a base of about 200%. Candlestick chart with the same parameters. Secondary trend. Close-up of the triangle area. Pair to bitcoin TRX/BTC Main Trend. Linear 1 week. Rhombus 250% by SpartaBTCUpdated 343477
Will TRX Price Rise To $1.25?Pullback Retest: TRX is performing a pullback move to retest the bullish breakout of a rising channel pattern. Consolidation Above $0.10: The TRX price has been consolidating above the psychological mark of $0.10 for three days. Potential Upside Targets: After a successful retest, TRX could cross the $0.115 mark and aim for $0.125. Sideways Trend Amid Bitcoin's Fall: Despite Bitcoin's price drop to FWB:36K , TRX continues a sideways trend and sustains above $0.10. Market-Wide Supply Pressure: TRX survives a market-wide increase in supply pressure. Year-to-Date Growth: TRX showcases a significant 90% Year-to-Date growth in 2023. Current Trading Price: TRX is trading at $0.1033, showing an intraday growth of 0.98% and forming a bullish candle. Consolidation Phase and Retest: TRX is in a consolidation phase, retesting the $0.10 mark following a rising channel breakout. Technical Indicators: The daily RSI dips from bullish territory, indicating a potential drop, while the 50-day and 200-day EMAs are in a bullish alignment. Retest Outcome and Targets: If the bullish momentum is sustained, TRX could reach the $0.125 mark, with the current retest being crucial. Price Action Analysis: The bullish engulfing candle during the retest phase struggles to gain momentum, indicating a need for careful monitoring. Downside Risk: A reversal under the $0.10 mark could drive prices down to the 50-day EMA at $0.0949, marking a crucial support level.Longby Coinpedia-Market-Insight3
Tron ($TRX) Soaring To $0.5Tron (TRX) TRON is arguably the only one among the old guard of altcoins that continues to show positive dynamics on both the local and global charts. In five months, the asset has surged by 55%, with this growth being quite steady and punctuated by necessary corrections. As of now, TRX is trading close to the resistance zone of $0.0997-$0.1010. The primary expectation is that the growth will persist, potentially renewing the annual high at the marks of $0.102 and $0.105. Further ascent could also be on the horizon, assuming Bitcoin's price remains steady. Should Bitcoin undergo a correction, it could similarly affect the TRX trajectory. Under those circumstances, the asset might revisit the support levels around $0.0980, $0.0950-$0.0960, and $0.0935. Longby DEXWireNews2
TRX Ready To Cross $0.10?Market Context: Tron (TRX) is on a bullish run, trending higher in a rising channel pattern. Current Status: TRX is trading at $0.097, showing an intraday growth of 0.88%. Resistance Level: The key resistance level is at the $0.10 mark. Technical Indicators - EMA: Both the 50-day and 200-day EMAs are rising, signaling bullish momentum. Technical Indicators - MACD: MACD and signal lines are rising, further confirming the bullish trend. Recent Performance: TRX has seen a 15% growth in the past three weeks. Potential Targets: If TRX breaks the $0.10 resistance, it could aim for $0.12. Downside Risk: A failure to break the $0.10 resistance could lead to a retest of the $0.0884 level. Market Sentiment: Overall sentiment is bullish, with TRX showing a year-to-date growth of almost 80%. Long-Term Trend: TRX aims to continue its bullish trend in the coming months. Market Catalysts: A bullish breakout could significantly increase the chances of reaching the $0.12 mark. Long-Term Outlook: TRX price predictions remain optimistic for the foreseeable future.Longby Coinpedia-Market-Insight5
TRON Bullish ChannelHi, welcome to my analysis. We know that many crypto perform bearish this year, but not for Tron. This bullish channel up start from mid Nov 2022 and still perform till now. If you wanna follow this wave, we have support line at 0.07532 or around channel up support to buy with target at 0.09314 at channel up resistance. Don't forget to support, if you agree with this analysis. Happy trading, May profit be with you.Longby AzrulAzirUpdated 1119
TRX to $0.10?TRX is trading within the uptrend channel. which u can see its rally throughout the whole 2023. $0.080 is the key level for TRX . must hold. MACD still favor to the bull. next resistance $0.10 DYODDLongby EL_STOCKTROOPER1
Tron clear barrel scraping!!Trx has literally been moving up now for a year! We're days away & it's amazing the consistency of the bottom of Tron. We have seen this with other tokens also and for me it's clearly obvious we're at the lowest point in crypto currently. This is definitely leading up to the bullrun. The buy walls are in place preventing the price from falling, and the potential for upside is extremely lucrative right now! 🚀🚀🚀🚀🚀Longby Immortalsouls229
TRX Price Ready To Jump To $0.10?Successful Retest: TRX price successfully retests the broken $0.085 zone, indicating bullish strength. 50-day EMA Reversal: The price finds an early reversal from the 50-day EMA, showing high demand at lower levels. Targeting $0.10: With the ongoing post-retest reversal, TRX aims for the $0.10 mark this year. Intraday Growth: Currently trading at $0.08757, TRX shows an intraday growth of 0.71%. Bullish Engulfing: A 2.44% growth last night led to the formation of a bullish engulfing candle. RSI Bounce: The RSI line takes a short dip from the oversold zone and bounces back, hinting at a positive rally. Golden Crossover: The 50-day and 200-day EMAs confirm a golden crossover, supporting the uptrend. High Demand: The quick reversal over the weekend shows high demand for TRX at lower levels. Higher Highs: TRX sustains higher high formations, keeping the uptrend intact. $0.091 Resistance: The uptrend must exceed the $0.091 mark to reach the bullish target of $0.10. Bulls in Control: The golden crossover and bullish candles indicate that bulls are in control. Bearish Reversal Risk: A reversal could occur if bears take control, challenging the bullish dominance at $0.083. by Coinpedia-Market-Insight2