will it hit the targets?lets see if it works in 1h time frame. it has proven to be pretty accurate during the past weeks. will see...
ideas are welcomed.
TRXUSD.P trade ideas
TRX Looking to Rip to New HighsTron has been somewhat of a slow mover this bull market, perhaps the sentiment from the previous cycle as somewhat of a 'scam' coin has hindered it.
However this presents an opportunity for growth. I'm watching the overhead diagonal resistance here for a break to enter. As can be seen from the RSI there is still plenty of room for a move to the upside.
Also have a look at the 3 day chart against bitcoin, it looks great!
And as we know from the previous bull cycle, Justin Sun is a good marketer, and when Tron runs it bangs!
Good luck and please give me a follow if you liked this content :)
TRX-USDThe direction appears to be up at the end of the triangle.
Practicing technical analysis charting. -Good Luck
TRON Bullish Breakout Ascending triangular formation on TRON sounds interesting to attract more buyers
React and discuss what you think about my prediction ?Ladies en gentleman
The chart from the only and one Tron IS VERY BULLISH in my eyes because of the left right shoulders and making a U-form back to his all time high back in 2016-2017
My long term is 3 dollar based on the 10 X from the bottom.
My mid term would be 0.60 dollar based on the middle line from the left right shoulders
What are your thoughts and what is your prediction and based on what?
Let's interact.
Feel free to hit the like button, react and share.
PEACE!
trx ideathere is no reason for this thing to be this high this quick, i think it retraces from here, this is no a recomendation
Consolidation below resistance is bullish trxusdtrx usdt chart confluence with the trxbtc double bottom deviation
looks like this one getting sent soon 1-4weeks imo
prbly will be with the rest of the altcap
but still, 48% and then 400% targets
4x in 3months probalby thats a fairly good mid term swing
TRX isn't stoppable even if BTC goes to correction!A strong bullish structure has been shaped and TRX will reach the targets.
$TRX has so much potential on the upside.NOT FINANCIAL ADVICE
Now Justin Sun may not have the cleanest of blockchain records, and may have rubbed some people the wrong way, but make no mistake that Tron Protocol itself is quite usable.
Its fundamentals may have changed somewhat, post pandemic as it 'embraced' DeFi and began on a journey of self-rediscovery, especially on the wings of $USDT use.
Let's give it a shot.
Elliot Wave Analysis
It looks like $TRX have been undergoing a very compressed consolidation period since Mar 2020, and it looks set for a parabolic run in the near future.
It may seem that we have reached all signs that point towards a corrective trend, aka Wave 4 completion.
We are on Impulse Wave 5 underway, and nothing less than 11.6cents will be our target price.
TRX could finally do something!While Many Alts have reached their ATH in Feb Bull run or are about to, Tron lagged behind. However with the recent announcement of Tron entering Defi and also looking at the chart in the Weekly time frame I am giving it a high chance to Tron for some sharp gains in March.
In the weekly chart we can see that it has broken out of its descending triangle for a while and that it has not broken the green trend line support since June. since first week of Feb it's been also riding on the support of Purple line without closing below it.
the Bearish momentum signal has still not given a Volatile circle however I expect to see it in next week's candle.
If needed I will update the analysis in coming week.
in most bullish scenario it could reach the 2nd Target before end of March.
NOT A FINANCIAL ADVICE!
P.S Also hope Mr. Sun helps this momentum by sharing a Funda news which despite his usual hype attempts, is actually meaningful.
TRXUSD 4th Wave longlooks like it could either be a 4th wave, or a 5th wave, but if we are right about 4, we could see this blow, reduce risk, ride it out.
TRON (TRX) BREAK THE TRIANGLE AND KEEP BULLTron (TRX) Made a Ascending Triangle in tf H4 and Ready to Make New ATH, i Optimism
TRON: Sharks DetectedAccumulation spike spotted in the Ocean of Tron. This is usually a forensic sign of market makers absorbing a coin in stealth, which further signifies a FOMO pump may be in the making after enough of the supply is swallowed up. You heard it here first. As I always say, volume-to-price analysis is the soul of trading. My goal is to inspire and teach new traders some of the predatory tactics of the enemy as they appear in these crypto charts. If you follow my charts you'll notice the pattern of getting into my swings at shark-point low and exiting in the height of the bloodbath. My charts show you how to hunt the sharks who hunt the weak-handed traders.
