TRXUSDT.P trade ideas
TRXUSDTPERPAfter the downward extension that we see in this currency, the price faced a correction and the recent candles show the price of this currency falling, so it is suitable for short position.
the repetition of historyThe repetitive behavior on the chart is quite evident, and this means my heartfelt belief in the repetition of history...
TRXUSD ❕ upward channelTron is moving in an uptrend channel and is above liquidity.
Price is testing 200MA as support on the 4H Timeframe and 50MA on the 1H Timeframe.
TD Sequential has formed an up reversal signal (1H TF)
Price and RSI have formed a bullish divergence (1H TF)
I expect the continuation of growth after fixing above the lower limit of the channel.
TRX cypher pattern 15min tfpossible cypher pattern . pratice charting only. Not a financial advise
This is only to monitor progress in my trading journey.
Anyone is free to make comment or suggest for me to improve my trading skills.
TRXTron's upward momentum has weakened and this high seems to be an upward correction in a downward trend
It is likely to be corrected to the bottom
With proper capital setup and management and low leverage of two or three and getting entry, it can be checked as a trend transaction.
Descending Triangle 👌TRX is consolidating at the tip of the asending triangle on D1 TimeFrame. We await a breakout, while considering #BTC
TRXTo help out during the market fluctuations, the Tron DAO Reserve announced that it received 700 million USD Coin (USDC) to defend the USDD peg. As a result of the fund infusion, the team behind the stablecoin explained that the collateralization ratio of USDD is now boosted to 300%.
🔥 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.
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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?
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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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TRXThe price fell to a strong support level. many bullish signals have been formed. I think the price will break the downtrend line and rise to 50-100 MAs. Support levels are indicated in case of a bearish scenario
TRX Long call#TRX/USDT #FUTURES
LONG
Entry : 0.06438/0.06575
Targets :
0.06656/0.06732/0.06732/0.06890/0.06964
Stop : 0.06356
Leverage 7-10x
Good Luck Legends
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.
TRX Short in poor marketConsidering BTC position and this gentle climb on no fundamentals or volume builds a solid picture.
Reaching previous resistance.
Long term downtrend resistance approaching
Entered short long term, expecting 0.65
Eventually down to 0.5 with
bad market conditions.
#TRX/USD Buy Trade Scenario.Hello Traders I hope you are well and safe. Today am Discuss #TRX/USD For Long.
Here is a Full Analysis of #TRX/USD When the price Touch Order Block then the Nice opportunity for Long.
If you have any queries then leave a comment.
Thank you Traders For your Support Like and Follow.
TRXUSD ❕ descending wedgeTron is moving in a downward wedge after a local upward movement.
TD Sequential has formed a reversal signal downward on the 30m Timeframe.
I expect TRX may continue to decline if it fixes below the support level. The coin has a good potential for growth, but now we don't see strong movements in trading volumes, so the loss of the support level will lead to a fall, and there are already attractive entry points for buying.
#Tron Stabilize as TRX Bulls Expect to Retest $0.076Past Performance of Tron
Tron prices are stable at spot rates, reading from the performance in the daily chart. Even though the uptrend is labored, TRX buyers are still in control from an effort versus result perspective. As such, Tron prices may still edge higher in a bull continuation pattern. The upthrust would be in confirmation of the June 15 bull bar and may see TRX race towards June 13 highs of $0.076.
#Tron Technical Analysis
TRX buyers are still in control, and the recovery is on course. From the daily chart, the gains of June 15 are yet to be fully confirmed in a move that may see TRX reverse the losses of June 13 and 14. The two bearish bars still define the short and medium-term trends of TRX, and buyers must reverse those losses for a clear trajectory to emerge. Therefore, with the upside momentum still strong and market conditions shifting, TRX traders may find entries above $0.062 with immediate targets at June 13 highs of $0.076. Further gains may see TRX race towards May 2022 highs of $0.090.
What to Expect from #TRX?
Traders are upbeat. Tron will have more headroom in the medium term if the losses of June 13 and 14 are fully reversed. However, TRX will be in a bullish course only if prices are above $0.062.
Resistance level to watch out for: $0.070
Support level to watch out for: $0.062
Disclaimer: Opinions expressed are not investment advice. Do your research.
Take a little short on TRX - Cryptoz18Currently Bitcoin has climbed its value considerably but I personally believe that we could have small setbacks to try to accumulate more positions
The bulls and bears are playing the daily trend today.
TRX is not managing to scale its value, it could be the opportunity to open a short and try to catch a trend in 4H.
There are a lot of short orders at 0.06896 so we will use this interest point as StopLoss
Operational Data:
Entry price: 0.06773
StopLoss: 0.6896 (Loss of 1.91%)
Minimum TakeProfit: 0.06622 (Profits of 2.14%)
tron trx usdt idea there is a reason why this coin is down only 47% from its novermber 2021 high while everyone else is nearly 90% drop, even btc is at 70+% down, but not trx why?? because the total users keep increasing drastically now surpassing 100 Million accounts on the tron mainnet by today. this coin is no joke and should be pay close attention to. i think if this coin keep growing this fast we should see the price keep going up even through this crypto crash.
TRXUSDTPERPWith the continuation of the upward trend in this currency, the movement steps have become weaker and against the higher ceilings, and with the failure of the zone in the lower time frame, we can expect the price to fall.
TRX #TRXThe price has formed a symmetrical triangle - it may be a bullish pennant and the price will continue to rise. Bearish scenario - drop to 200 MA
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
According to our previous analysis on June 22, we expected a rising trend and now you see that this has happened and the price is on the rise. At the current chart, we have R2 as the resistance line and the unsuccessful attempts of the price to rise is obvious. R1 used to be support line and also S1 is a support area that includes the support of the price since the past. Now the price is fluctuating below R1 and we believe it will rise to R1 and then at this point we will activate our short position and even it may rise over this line and fixes itself for more increase. Or the price might be rejected at R1 and face a decline toward 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
