Trading opportunity on TRXUSDTBased on technical factors there is a short position in :
📊 TRXUSDT Tron
🔴 Short Now 0.07055
🧯 Stop loss 0.07610
🏹 Target 1 0.06650
🏹 Target 2 0.06160
🏹 Target 3 0.05310
💸Capital : 1%
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TRX
TRX/BTC Breakout!!!Looks like TRX/BTC pair is trying to break out of this trendline that started at the ATH in January 2018. But since we are in a bear market, if BTC decides to dump all technical analysis goes through the window and Tron will probably follow it (as happens a lot these days). Set your stop loss.
Good luck!
Not financial advice.
TRON : WATCHLIST for scalping longFrom most ALT coins i overlook today,
TRX look positive on 4H CDC indicator.
When looking at weekly view, It already tested major support twice
as above chart
and on daily TF is moving along this channel
So in case of BTC is moving up, this one will be good choice for scalping LONG
................
1. The analysis is for scalping /day trade methods only , not for coin holders/investors /long term If you follow it please set SL at ur acceptable risk
2. Tradingview won't let me update the analysis status via phone-- but i try to log in PC 1 time a day
TRX Breaking Up From Super Tight Range (Elliott Wave)TRX is potentially breaking out here. Momentum looks good, we've broken all the downtrend lines. Wave theory suggests that wave-c has finished based on time and price and structure. Harmonic cypher also suggesting a potential bottom. All signs pointing to a MASSIVE up. On-chain statistics are also showing a possible supply shock happening soon. TRX (and most cryptos) will probably go to all time highs from here, and quickly.
TRX is likely to be declared legal tender in Grenada within the next few weeks according to Justin Sun, which could give it a huge boost and propel it into the top 10 by market cap.
TRON Daily TA : 04.29.22 : #TRXIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it .
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
📅 04.29.2022
⚠️(DYOR)
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Tron Price Analysis — April 29Despite the broader weakness in the crypto market on Friday, TRX has traded against the grain as it tapped a new weekly high above the $0.0700 top. However, it appears that bulls lack the composure to sustain this rally as the cryptocurrency falls back to the $0.0650 support.
With the recent surge and rejection, TRX has lighted up a descending trendline, which is acting on the price to retest the $0.0600 low. Regardless, I anticipate a bullish rebound to the $0.0700 top over the coming days and a possible break towards the $0.07500 top. In the meantime, a bearish continuation below $0.0620 is highly unlikely.
Meanwhile, my resistance levels are $0.0680, $0.0700, and $0.0720, and my support levels are $0.0650, $0.0620, and $0.0600.
Total Market Capitalization: $1.78 trillion
Tron Market Capitalization: $6.7 billion
Tron Dominance: 0.37%
Market Rank: #22
🌐 Good Candle in ENS usdt 🌐🌐 ENS usdt
⏰ Time Frame : 1D
🔵 A good candle is created. We have to wait for it to close, and probably have a correction and then make a decision for position.
All supports and resistances market are in the chart.
📛 Please follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell)
⚠️ The chart is in log mode
#️⃣ April / 27 / 2022
👸 Analyzed by : Parisa_Alipoor
Is TRX a good investment ahead of the USDD's debut?On Thursday, the price of TRX skyrocketed when Justin Sun announced plans for a new stablecoin. TRX hit a high of $0.074, the highest since April 4th. However, following Jerome Powell’s hawkish remarks, these gains were short-lived.
Bullish Scenario: TRX may retrace back to $0.06 support levels. If TRX manages to break over the resistance level at $0.074 after retracements, it will be mildly bullish. With sufficient buying activity, breaking above the $0.08 price barrier will lead to a rise towards $0.10 and higher.
Bearish Scenario: TRX has been in a decline for several months, thus we don’t have a strong bullish bias for the medium term. If the support level of $0.06 does not hold, the price will sooner or later fall below $0.05, $0.03, and much lower.
TRXUSDT 1D When the Tron price correction ends ?Today we will consider a pair of TRXUSDT on the global chart.
From March 2020 to April 2021 there was a strong and confident growth, which can be marked by the first wave of growth.
From April 2021 to the present, the second wave of correction continues, which in our opinion may have 3 options for completion, which will be discussed below:
1. The correction at the final stage and yesterday's aggressive buyout of buyers shows that they are set to start a wave of growth, even despite the correction in the price of BTCUSDT
In this case, $0.06 per TRX is a critical level below which the price can not fall.
2. This option is to fix the price of TRXUSD below $0.06 and start the final wave down. The upper limit of the liquidity zone can be attracted the fall to level $0.035
3. This is the most pessimistic option and a strong fall on the crypto market. In this case, it will be possible to focus on the lower limit of the liquidity zone - the level of $0.024 for Tron
We are trading probabilities and do not know which option will work exactly. However, the painted and painted action plan is already half the work, now the main thing is to orientate in time and make the right trade decision in the future.
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TRX races high, aiming for $0.074 next as bulls show momentumThe TRON price analysis indicates a strong bullish trend, as a sharp increase in price has been detected today. The most recent update shows that the cryptocurrency is going in favor of the buyers as they have taken over the market. The past few hours have observed a continuous aggressive bullish price movement, due to which the price has reached the $0.073 level and is on course to go above the current resistance at $0.074.
TRX/USD 1-day price chart: Bulls mark 16 percent gains as price surges to $0.073
The 1-day price chart for Tron price analysis is going in a bullish direction for the day, as the price has jumped higher than expected. There has been a massive rise in the coin value, and the price levels are going high every hour, which has resulted in the price reaching $0.073 of value. The coin has gained a handsome 16.4 percent value overnight. The moving average (MA) has also taken a sharp upwards turn and will soon cross over SMA 50 curve, which is a further bullish indication.