💡Don't miss the great buy opportunity in TRXUSD @justinsuntroMidterm forecast:
0.09630 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 0.09630 is broken.
Technical analysis:
While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 0.16950 on 05/07/2021, so more losses to support(s) 0.11700, 0.10025 and minimum to Major Support (0.09630) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Take Profits:
0.14860
0.16950
0.17900
0.21600
0.29500
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Search in ideas for "Trxusd"
TRX/USDTTRX/USDT, chart looks promising as it has formed a Weekly Inverse Head and Shoulders pattern which may take the price to fresh new lvls providing insane gains. Right now it is retesting previous highs and is on the verge of breakout from yearly resistance zone which has been reversing the prices back to the lower lvls. Since, it is Weekly TimeFrame it may take some time for the expected move but I am sure it will skyrocket in this BULL CYCLE. (Upside lvls in *green* and Downside lvls in *red*)
DISCLAIMER :- I am not a Financial Advisor, this chart is for educational purposes only (DYOR).
BITTREX:TRXUSDT
💡Don't miss the great buy opportunity in TRXUSD @justinsuntron
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.0615).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 44
Take Profits:
TP1= @ 0.0670
TP2= @ 0.0716
TP3= @ 0.0748
TP4= @ 0.0783
TP5= @ 0.0832
SL= Break below S2
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There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0155)
Ending of entry zone (0.0123)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0180
TP2= @ 0.0220
TP3= @ 0.0275
TP4= @ 0.0322
TP5= @ 0.0400
TP6= @ 0.0452
TP7= @ 0.0557
TP8= @ 0.0663
TP9= @ 0.0813
TP10= @ 0.10041
TP11= Free
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0145 to 0.0111). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0145)
Ending of entry zone (0.0111)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.01800
TP2= @ 0.02100
TP3= @ 0.02500
TP4= @ 0.03217
TP5= @ 0.04000
TP6= @ 0.04520
TP7= @ 0.05575
TP8= @ 0.06629
TP9= @ 0.08130
TP10= @ 0.10041
TP11= Free
There is a trading opportunity to buy in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.014500)
Ending of entry zone (0.011100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.018000
TP2= @ 0.021000
TP3= @ 0.025000
TP4= @ 0.032170
TP5= @ 0.040000
TP6= @ 0.045200
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.021400)
Ending of entry zone (0.018100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.025000
TP2= @ 0.027650
TP3= @ 0.032170
TP4= @ 0.040500
TP5= @ 0.045200
TP6= @ 0.050600
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
Detailed Elliott Wave Count of TRXUSD
A correct Elliott wave count must observe three rules:
Wave 2 never retraces more than 100% of wave 1.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
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There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.030)
Ending of entry zone (0.025)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0346
TP2= @ 0.0405
TP3= @ 0.0435
TP4= @ 0.0506
TP5= @ 0.0557
TP6= @ 0.0643
TP7= @ 0.0729
TP8= @ 0.0820
TP9= @ 0.1005
TP10= Free
A trading opportunity to buy in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.034)
Ending of entry zone (0.030)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0405
TP2= @ 0.0435
TP3= @ 0.0506
TP4= @ 0.0576
TP5= @ 0.0658
TP6= @ 0.0739
TP7= @ 0.0820
TP8= @ 0.1005
TP9= Free
💡Don't miss the great buy opportunity in TRXUSDT @justinsuntron
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06455).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 0.07171
TP2= @ 0.07583
TP3= @ 0.07929
TP4= @ 0.08258
TP5= @ 0.08801
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in TRXUSDT @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03300).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.52.
Take Profits:
TP1= @ 0.04850
TP2= @ 0.05450
TP3= @ 0.06440
TP4= @ 0.07300
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
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💎 Want us to help you become a better Forex trader?
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Trade well, ❤️
ForecastCity English Support Team ❤️
TRXUSDTPERP Double Bottom Setup1st outlook) breaks 200 ma, pulls back to neckline then goes upto rectangle if price doesnt go below neckline (50 ma crossing 200ma, death cross imminent watch out for rejection)
2nd outlook) goes to 200ma and falls down hard sl would be 0.08925 target price would be 0.08350
TRON $TRX WILL BOUNCE BACK HARDCRYPTOCAP:TRX 💰4H Analysis
Right now, the price is testing a buy zone around $0.2926–$0.2982. If there’s a quick bounce from this area, it could be a good spot to open long positions 🐬. The main idea is to catch the reversal and target a move back up to the highlighted POI zone.
🚀Long targets: $0.3135, $0.3250, $0.3330 for Scalping.
TRX/USDT:- Anticipating Correction towards Key Support Levels ?In this technical analysis, we delve into the price action of TRX/USDT, examining crucial resistance and support levels to decipher potential market movements.
Resistance Area - 0.07800 - 0.07850
TRX/USDT has encountered a substantial resistance area at 0.07800 - 0.07850. This zone has historically posed as a formidable barrier halting upward price momentum.
Anticipated Price Correction - 0.07100 - 0.07200
The potential correction is projected to lead the pair towards the support zone ranging from 0.07100 to 0.07200. This area holds significance due to its historical role as both a support and consolidation zone.
Bearish Order Block Analysis - 0.07800 - 0.07850
Presently, TRX/USDT finds itself trading within a bearish order block, precisely coinciding with the resistance area at 0.07800 - 0.07850. This bearish order block signifies a cluster of price levels where selling pressure has outweighed buying activity.
The alignment of this bearish order block with the resistance further strengthens the expectation of a downward movement.
Stay informed, stay cautious, and keep a keen eye on the evolving market trends.
Tron's latest analysis
TRON Latest Price Analysis- Feb 8, 2019- Bittorrent Airdrop Effect On Tron's Price Fading?
#1 Key Highlights
* TRX/USD price surged 10+% and in downside correction.\u2028
* $0.02554 support level broken.\u2028
* TRX/USD closed below 200-4H Moving Average (MA) after breaking it.\u2028
* Tested Ichimoku cloud's resistance but couldn't sustain it above.\u2028
#2 TRON Latest Price Analysis – Hourly (4H) Chart TRX/USD
Tron technical analysis today shows that it broke the short-term downtrend line(black) but couldn't sustain above it longer.
Let's look at the insights of Tron price analysis 2019 on its Hourly (4H)-timeframe chart.
TRX/USD moved 10%+ but it has been under downside correction for the past few days.It could be because of the Bittorrent airpdrop ,dated 11th February'2019, got over.
It tried to challenge the 200-4H Moving Average(MA) recently but couldn't sustain over it longer.Other bearish signs could be seen is that it closed and traded below ichimoku's cloud after testing it recently.
The short-term downtrend line (black), since 4th February ' 2019, needs to be broken in order to test the immediate resistance (red bar) around $0.026+. It has been testing the $0.026+ immediate resistance for the past two days. Tron's Elliott wave theory depicts that we are in the last wave of its complete cycle.
Also the previous support around $0.2539-$0.2558 broke which might lead to support turned resistance(S/R flip).
MACD is slightly turning bullish as well as Stoch-RSI is in oversold zone forming a bullish divergence which might cause the price jump in the coming days.But challenging S/R flip area along with immediate resistance(red bar) is necessary for Tron analysis meaning with bullish sentiments.
#3 Conclusion
Overall, TRON(TRX/USD) is under pressure after the BTT airdrop timeline got over and needs another catalyst to boost the price action in upward direction.
TRX TronBINANCE:TRXUSDT BINANCE:TRXUSDT.P
#TRX is in a cautious climb, sitting around 0.16006 after a recent pullback. The chart shows a steady upward trend with gradual gains, indicating that the bulls are testing the waters. There's a key zone between 0.16143 and 0.16483 that might act as a decision point. If the bulls push through with confidence, we could see an attempt toward 0.16837 and possibly higher. However, if it stalls here, we might see some consolidation or a retest of the support around 0.15671. This could be a pivotal moment for TRX as it navigates between these critical levels.






















