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TRON / TetherUS PERPETUAL CONTRACT

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TRXUSDT.P trade ideas

TRX. An obvious descending triangle.Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by many traders who buy from the support level. The more traders do this, the more stops are formed. And as the market moves from one area of ​​liquidity to another, the price is likely to break through the support level, and when these stops are hit, it will further increase the selling pressure.
by Tropnik
USDD & TRX COLLAPSE!Hi Traders, USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages. Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk. There is more to this but thats for someone else to explain the technicals. All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out... SHORTING TRX from 0.058 0 incoming. Goodluck, AssetMastery
Short
by AssetMasteryandInvesting
TRXUSDT Elliott Waves Analysis (Local Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. growth from current price or through one more decline in zone ~0.055 Entry: market and lower Target: 0.074 and 0.08 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
TRON (TRX) - November 9Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXBTC 1W Chart) The key is whether it can move above 0.0000 0318 to find support. --------------------------------------- (TRXUSDT 1W Chart) As Tron pegs the stablecoin with TRX, it becomes important to be supported in the 0.05358-0.06236 range. Therefore, it is necessary to check whether it is supported in the 0.05358-0.06236 section. If it doesn't and it goes down, the key is to touch the 0.03538-0.04437 section and return quickly. (1D chart) We need to see if we can quickly rise above 0.05989. If not, you should check to see if there is support around 0.05358. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto
Tron (TRX) formed a big bullish Shark | A Good long OpportunityHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ) with US Dollar pair. Previously we cauth a nice pump of TRX: Now on a 4-hr time frame, TRX has formed a bullish Gartley pattern. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1