TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TRXUSDT
Based on our last analysis on July 31, we predicted a rising trend and now the price is on the rise after it faced a little fall. In the current chart, there is R2 which used to be a support line and R1 is the resistance line that shows the price was not able to rise. Also, S1, S2, and S3 are the support areas that all contain the support of the price at different points. So here we have the fluctuation of price on S1 and we predict two options for it. Either it is able to rise over this line and by giving us some confirmation candles, more rise is waiting for it up to R1. Or it will lose the support at this point and falls to S2 and then by a pull back to S1, it will have another fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Trxusdt
TRON (TRX) - August 8Hello?
Welcome, traders.
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(TRXUSDT 1M Chart)
In the long term, keeping the price above 0.05358 is key to sustain the uptrend.
(1W chart)
Resistance: 0.08034-0.08933
Support: 0.05358-0.06236
In order to show an upward trend from a mid- to long-term perspective, the price needs to be maintained above the HA-High indicator.
To do this, you need to shake it up and down to make the HA-High indicator fall or rise above the HA-High indicator.
(1D chart)
Primary resistance: 0.07311
Secondary resistance: 0.08034-0.08933
1st support: 0.06703
2nd support: 0.05358-0.06236
Whether it can move higher than 0.07311 is the key.
Since they are holding an uptrend on the 1M chart, i.e. long term, the key is whether they can turn into an uptrend in the short and medium term.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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TRXUSDT Elliott Waves Analysis (Global Vision)Hello friends.
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Everything on the chart.
It is quite possible that we're still in triangle Global Wave of (IV).
Cancellation of scenario - consolidation under ~0.044.
Stop: ~0.42
Main target zone: 0.3 - 0.35
Risk/Reward: 1 to ~20
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the present chart, we have R2 that used to a support area. R2 is our resistance line and the disability of the price to rise is shown. And S1 and S2 are the support areas which include the support of the price at several points since the past. Presently, the price is fluctuating in R1 area and we must wait for it to leave the area. Thus we will have two scenarios for it. Either it will rise over R1 and by giving a fixation and receiving some confirmation candles, we expect more rise or it toward R2. Or it is possible to fall below R1 and then have more decline to S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TRXUSDTHello my dear friends
The triangle pattern is very cleanly formed in the higher time frames.
If the current trend is below the price range of $0.0592, the possibility of forming a downward trend similar to the drawn scenario is not out of mind.
But if the current trend is above the price range of $0.07893, there is a possibility of forming an upward trend similar to the drawn scenario.
According to the momentum of the current trend, the possibility of forming the first scenario (downtrend) is more likely.
We would be happy to hear your comments.
TRON setup in 1 Look! TRXUSDT Update 📈📉Hello traders, what's going on today ?!
Since 21 FEB 2022, that I posted the last analysis
for trxusdt , TRON has continued to fluctuate in a symyrycal triangle till now . (more than 30%💰 (1x)short).
Also today as you see in the weekly timeframe for trxusdt , it can continue to fluctuate more , then finally will breakout this great triangle pattern ,which typically a strong bullish pattern , but at the current situation due to uncertainty about the future , I' not sure that it can massively rise or may fall again after any breakout
but I know where more likely the price action have a reaction , thus for any possible scenario I already have a proper setup with a favorable R:R ,that can be triggered automatically !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
TRXUSDTPERPAfter the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an important support area, and if it is lost, lower prices are considered for this.
Fractal. TRX/USD BTC/USDTimeframe 3 days. Logarithm graph. Fractal.
On the trading pair TRX /USD, an identical fractal was formed after the dump as in March-April 2020 on the BTC/USD trading pair during the birth of a super uptrend + 723% from the resistance breakout zone of this local formation.
Fractals are a similarity, and the development potential of this similarity is nothing more. The small is the repetition of the big, the big is the small.
It is quite possible that at the expense of USDD, but more carefully, not since scam projects like the fallen moon, the throne will be pumped up by their USDD stablecoin.
The red throne has other privileges, perhaps a slightly modified scheme will come true. As well as red Tron for “new, former reds.” The impossible can become possible.
July 27 The Fed interest rate decision coincided interestingly with a daily fractal and a breakout. It is quite possible that this day will be crucial for the stock market and cryptocurrency. Be extremely careful in trading on this day.
🔥 TRX: possible false breakout abd riseTRX price is creating the rising wedge. This is a bearish pattern but after the BTC fall for the 75% the continuation of the downtrend is less possible then consolidation or growth.
The price should return to rising wedge for continuation of it growth. It shown sign of bulls. Additionally, we see how TRX was growing after the fall. A lot of buyers were at the bottom what is shows us the strength of this alt. Even when BTC fall it continue it`s uptrend.
Also, the growth is possible because of the short traders which are open their possition after the Luna crasg and wait for the crash of USDD (Tron`s stablecoin) but situation normalized.
The volumes after the false brakout don`t show that a lot of traders were trapped. Even after break of the lower boundary volume doesn`t change so we have to wait for our trading setup.
The target is value area of $0.78-0.86.
Additional scenario is the retest of lower boundary of rising wedge as the resistance and continuation of fall. It`s possible if BTC continue it`s fall to 17-17,5k to make a relow and collect liquidity.
In this case the target will be the area of $0.5-0.55.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRON (TRX) - July 12Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(TRXUSDT 1M Chart)
The 0.04736-0.06034 interval is the interval that determines the trend.
Therefore, if the price is maintained above this range, it is expected to rise.
(1W chart)
Primary resistance: 0.07679-0.08631
Secondary resistance: 0.10176-0.11228
1st support: 0.06034-0.06461
Second support: 0.04736
(1D chart)
On July 9th, the RSI marked an overbought zone and is declining.
It is necessary to check whether it can be supported in the first support section.
In particular, you need to make sure it is supported at 0.06532.
The volatility period is around July 20.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRXUSDTPERPAfter the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the range of Break price action resistance.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.