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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.
Short
by Un_trade
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06325). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.06500 TP2= @ 0.06650 TP3= @ 0.06835 TP4= @ 0.07143 TP5= @ 0.07348 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 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 ❤️
Long
by ForecastCity_ME
4
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06690). . 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 above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 0.07046 TP2= @ 0.07410 TP3= @ 0.07869 TP4= @ 0.08573 TP5= @ 0.09223 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 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 ❤️
Long
by ForecastCity_ME
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.1230). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.1299 TP2= @ 0.1361 TP3= @ 0.1415 TP4= @ 0.1482 TP5= @ 0.1557 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 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 ❤️
BITFINEX:TRXUSDLong
by ForecastCity_ME
1
💡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: 0.14850 0.16950 0.17900 0.21600 0.29500 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 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 ❤️
Long
by ForecastCity_World
2
💡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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 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 ❤️
Long
by ForecastCity_ME
3
TRXUSD Third Chance: Profit=150% SL=12% Reward/Risk > 12.5:1Third Chance Trade Setup summary: Profit targets = 150% = { TP5 = 28% + TP6 = 44% + TP7 = 78% } Stop Loss =12% Reward/Risk > 12.5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (0.02780) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP5= @ 0.03580 TP6= @ 0.04020 TP7= @ 0.04950 (New) SL= Break below 0.02670 -------------------------------------------------------------------------------------------------- Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : and opened 4 BUY trade(s) @ 0.02250 based on 'previous Forecast' at 2020.08.27 : Buys Current Status: Total Profit: 366% Closed trade(s): 180% + 186% = 366% Profit Open trade(s): 0% Profit First buy closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 30% Profit. TP2 @ 0.02250 touched at 2020.08.13 with 60% Profit. TP3 @ 0.02780 touched at 2020.08.16 with 90% Profit. 30% + 60% + 90% = 180% Second buy closed Profit: TP1 @ 0.02780 touched at 2020.08.30 with 18% Profit. TP2 @ 0.02960 touched at 2020.08.31 with 31% Profit. TP3 @ 0.03580 touched at 2020.09.01 with 59% Profit. TP4 @ 0.04020 touched at 2020.09.03 with 78% Profit. 18% + 31% + 59% + 78% = 186% Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity_ME
TRXUSD Update: Profit=4230 SL=760 Reward/Risk > 5.5:1 Trade Setup summary: Profit targets=4230 pip (420 + 710 + 1330 + 1770) Stop Loss =760 pip Reward/Risk > 5.5: 1 Current Status: Total Profit: 2415 pip Closed trade(s): 1280 pip Profit Open trade(s): 1135 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.01830 touched at 2020.06.08 with 430 pip Profit. TP2 @ 0.02250 touched at 2020.08.13 with 850 pip Profit. 430 + 850 = 1280 Open Profit: Profit for one trade is 0.02535(current price) - 0.01400(open price) = 1135 pip 1 trade(s) still open, therefore total profit for open trade(s) is 1135 x 1 = 1135 pip Technical analysis: . TRXUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 45. New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.02250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP3= @ 0.02670 TP4= @ 0.02960 (New) TP5= @ 0.03580 (New) TP6= @ 0.04020 (New) SL= Break below 0.02060 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity_ME
9
TRXUSD Update: Profit=10200 SL=2400 Reward/Risk > 4.2:1Trade Setup summary: Profit targets=10200 pip (3000 + 7200) Stop Loss =2400 pip Reward/Risk > 4.2: 1 Current Status: Total Profit: 17100 pip Closed trade(s): 4300 pip Profit Open trade(s): 12800 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.0183 touched at 2020.06.08 with 4300 pip Profit. Open Profit: Profit for one trade is 0.0204(current price) - 0.0140(open price) = 6400 pip 2 trade(s) still open, therefore total profit for open trade(s) is 6400 x 2 = 12800 pip Technical analysis: . TRXUSD 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 58. New Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.019500). if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP2= @ 0.0225 TP3= @ 0.0267 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity_ME
14
TRXUSD Update: Profit=19400 SL=5400 Reward/Risk > 3.6:1 Trade Setup summary: Profit targets=19400 pip (7300 + 12100) Stop Loss =5400 pip Reward/Risk > 3.6: 1 Current Status: Total Profit: 19500 pip Closed trade(s): 4300 pip Profit Open trade(s): 15200 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.0183 touched at 2020.06.08 with 4300 pip Profit. Open Profit: Profit for one trade is 0.0216(current price) - 0.0140(open price) = 7600 pip 2 trade(s) still open, therefore total profit for open trade(s) is 7600 x 2 = 15200 pip Technical analysis: . TRXUSD 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 70. New Trading suggestion: . There is still a possibility of temporary retracement to suggested uptrend and also a price rejection from uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets. New Take Profits: TP2= @ 0.0225 TP3= @ 0.0267 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:TRXUSDLong
by ForecastCity_ME
8