Sacrenshort from Trading view

The combination of TRON (TRX) with Tether (USDT) on Binance has an organized manner of floor price movement in moments using the Exponential Moving Averages (EMAs). A potential buy position is were the 50-day EMA (blue line) is located above the 200-day EMA (red line), while the sell position indicates the opposite.

The EMA is a specific sort of moving average as the more recent prices are given higher weight and thus the EMA is prompt to respond to shifts in price in comparison to SMA. By applying the EMA the traders is in a position to determine the trends, and more importantly areas of support or resistance.

NOW about This Chart of TRXUSDT buy and Sell Positions.

• An example approach is acquiring a security when short-term moving average, 50-EMA, is above long term one, 200-EMA. The term golden cross also implies that the price trend is bullish. For instance, a golden cross was formed in about May 2023 when the 50-day EMA or the blue line moved above the 200-day EMA or the red line, which shows a buy signal.

• When price makes a bounce at the 50-day EMA and both EMAs are inclined upwards, then it acts as a buy signal. For example, in early 2024, the price found support on the 50-day EMA, toward the $0. At 080 mark, they entered the buy territory suggesting that investors could buy the stocks at that level.

• On the other hand, a ‘death cross’ occurs when the 50-day EMA goes below the 200-day EMA which usually signals the beginning of a bear market. A death cross is seen around June 2022 where the 50-EMA (blue) breaks down below the 200-EMA (red), which marks a sell signal.

• Another selling signal is the price rising to the 50-day EMA and unable to cross to the upper side and starts to pull down. This exact situation can be observed when the price advanced to the 50-day EMA in mid-2023 around $0. Of all the analyzed stocks, 085 was rather stable before going down and indicating the sell signal.

10% to @tron-fan-club