TRXUdttrx break Triangle and now can start rally but you need watch BTC First
i set after new move targets and supports
GL
EntryPoint:
0.06149
0.05864
0.05562
Supports:
0.05129
0.04726
0.04210
Resisttance:
0.06290
Targets:
0.06750
0.07467
0.08485
mid time:
0.09986
0.10872
0.12277
HODL:
0.15433
0.18162
0.22346
TRXUSDT.P trade ideas
Who wants to 10X their capital with TRX ?hello guys...
as you can see on the TRX chart, it has formed a descending triangle on an upward trend, 3 times touched the bottom line and 4 times the top line touched, wining upward movement so far :))
but be patient until the top line breaks up after that you can get a long position until $0.29 and if you are so greedy hold it until $0.69.
if the price breaks up the bottom line, get a short position.
note: if the price breaks up from the end of the pattern makes it invalid.
always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comments.
Tron is a low-risk investment, but better than gold and TetherI think that Tron is one of the least risky currencies in the market, which maintained its stronghold and did not experience a large drop, and now I believe that in the weekly analysis, Tron can be considered as a safe and more profitable investment than gold and gold.
For the medium term and of course the long term
Good luck
TRX/USDT-1W-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
TRX - Tron is Ready to Breakout of a 2 Year Bullish Pennant!You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently repeating the same exit pattern it had back in 2021. If Tron breaks out, buckle your seat belts and HODL on tight! I'm long here.
TRX is about to crash like LUNA !I think TRX is about to send to zero. Currently there is start of fud on huobi on twitter. Huobi token isn't listed almost nowhere so can't really be shorted, but : Huobi ceo, Justin Sun, is also ceo of TRX. TRX's stablecoin USDD is depeged for +2 months and TRX price action is suggesting a big move soon. I think this will make us a new luna very soon. I was watching this for a while, just waited a trigger event and I think it's soon
TRX/USDT Might go for breakdownHey traders ✌️
Next one we would like to talk about is going to be TRX/USDT pair. Well we are looking this one on 1hr scale with bearish outcome as we are waiting for that breakdown from this small trend that has formed. So let's wait out for that CPI data to be released an see what we will get here
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Tron TRX chances of a sell-offTRX is a collateral in the stablecoin USDD, that keeps depegging!!!
This week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Tron TRX are:
TRX/USDT short
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.030
Stop Loss: $0.062
TRX Tron prediction for the end of the yearUSDD, the Tron DAO reserve is depegging from the dollar.
USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT).
TRX is used as collateral. Could lose value sharply.
TRX/USDT short:
Entry Range: $0.052 - 0.055
Price Target 1: $0.049
Price Target 2: $0.045
Price Target 3: $0.040
Stop Loss: $0.061
TRXUSDTDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion.
Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently.
He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange.
Yesterday the amount of withdrawals from Huobi were significant, $60 Million.
There are Insolvency Rumors for Huobi.
I think TRX will ultimately reach its pandemic low of $0.0072.
Looking forward to read your opinion about it.
Long TRXTRX is developing some nice wicks here at support. TRX is ready to rally and I'm targeting the 1.618 fibonacci level on this 3rd wave (Elliott Wave). The risk to reward ratio on this trade is lucrative and I'm in.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
TRX: Showing strange trendTRX is showing since short term a strange pattern, for this reason, we will follow this coin to see if it can confirm the breakdown trend.
There is a cash-out trend on TRX, the question is to see if there is a whale trend following the same pattern.
Until now it's interesting to follow to see last trends on TRX.
A long at this moment on TRX can be risky since it's important to confirm the trend first.
TRON preparing for BIG BreakoutLooking closely on Tron, it shows a break on the uptrend started from March 2020, with the ATH at 0.17xx$ which occurred in April 2021.
Since price reached ATH it had began to move in a pennant structures. Although this can as well serve as distributions for bigger correction or as a continuation on the previous rally.
Today my chart showcase both side possibilities and what to look for before jumping into any direction.
We have important level shown on the chart for your market actions.
Potential M pattern with Neckline holding strong as support level that seriously needed to watch on before making any serious short decision. When this level break TRX will become heavily weak and this open room for our M final targets towards 0.01167$, check the attached chart it shown the details about the M targets
More so, on the chart as well, there is BEARISH FLAG setup painted clearly. When this break, the journey of M correction pattern will fully resume. Check the chart out for the flag and its targets
Finally, In other way round, if the structure acted in the form of Bullish pennant then our traget will be towards 0.42$ and 0.7$
The thread will be timely updated
TRX: Don't Miss It...TRON Near The Support Zone AgainTRX: Don't Miss It...TRON Near The Support Zone Again
After the price moved down like all the cryptocurrencies now we can see a small
pause from the previous week.
The support area near 0.046500 is pushing the price up again.
I am looking for the price to rise further during the coming weeks considering
that 0.046500 didn't let the price decrease more.
Targets:
🎯 0.058441
🎯 0.065252
🎯 0.070451
Thank you and Good Luck!