TRON swing It seems like a risky trade, take your chances with a small amount, I personally think its going to break the last top after that wedge, if the sentiment continues
TRXUST trade ideas
TRX: Bulls Showing Strength on HTF (High Timeframe)On the higher timeframe (HTF), we can see clear evidence that bulls are gaining strength after a reversal. My target for this move is the $0.70 level, but before taking the trade, I will wait for price to confirm bullish momentum.
Looking at the Daily Timeframe, the price has tapped into a Fair Value Gap (FVG), which aligns with my expectation of upward movement. However, I need clear confirmation before entering a trade. Below is my entry plan:
Entry Plan:
Primary Entry:
I will take an entry from the blue area under the internal liquidity (LQ) zone. My stop loss (SL) will be placed under the daily low to protect against invalidation.
Secondary Entry (if the daily low breaks):
If the daily low is broken, I will wait for the price to retrace to 25% of the Daily FVG and take my entry there. My SL will still be positioned below this new daily structure.
Confirmation at Red Level:
If the price breaks above the red level (key resistance or liquidity zone), I will wait for a retest of this level before entering. My SL will be placed under the last order block (OB) for protection.
Is #TRXUSDT About to Skyrocket? Don’t Miss This Critical Move!Yello, Paradisers! Is #TRXUSDT About to Explode? Here’s Why You Must Pay Attention!
💎#TRXUSDT is setting up for a potential bullish continuation from the key demand zone at $0.1460. If the price manages to hold within this zone, there’s a high probability of a strong bullish move to test the resistance above.
💎We’ve been tracking #TRON closely, especially after it broke above a previous major resistance. Now, with the price hovering near a descending resistance, the chances of a bullish breakout are increasing. The current trend is clearly upward, and market sentiment is on the bullish side.
💎For this bullish scenario to materialize, #TRXUSDT must break above the descending resistance. A successful break could trigger a significant rally, with the first target aimed at the key resistance zone around $0.1913.
💎However, be cautious! If momentum weakens at the demand zone, we could see a bounce from the lower support area near $0.1392. A daily close below this level would invalidate the bullish outlook, opening the door to further declines.
💎Stay sharp, Paradisers! The next move in #TRX could be a real game-changer. Patience and discipline are key to seizing these opportunities.
Trade smart and stay focused—the best setups are often just around the corner!
MyCryptoParadise
iFeel the success🌴
ONE MORE TIME - ITS TRX TIME!Missed and having FOMO on TRX? Dont have to, He is giving you an oppurtunity. ideal scenario where tpo is tight and volume will be there sideways for next 2 days to1 days, CMP BUYS, Aiming for ATH 0.55.
Keep in Mind this chart of 12H, this is having holding this strong SMA, would be fulfilled in 2 days making inside equivalent candles
Please note, Be ready for sudden falls below tp taking your SL's
trxConsidering the increase in Tron trading volume, it seems that this popular T-Rex has come back from extinction. It looks like the price can reach that yellow box, making it attractive for purchase. Otherwise, it’s also suitable for buying now. So, considering the risk we have in mind, the stop and take profit are specified.
Trx reach to the top?Trx moves in a channel all the time and now starts a strong move to reach to the top of channel. From here it will have a little rejection to the middle line and then we can enter ...
RTXTRX-USDT
Consider buying at the current price with part of the capital🟢
Given this currency, it goes against the market.
I do not mean that the market will fall and the currency will rise.
It is safe to say that if there is a rise in the market, all currencies rise, with the exception of the TRX currency, it rises slightly or moves sideways, and if there is a correction in the market, it remains intact or rises, not like the rest of the currencies.
TRXUSDT next long-term target is 0.55$ at least we call the previous 3x pump:
now we are looking for more range and after that hitting our next target which is 0.55$.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
TRXUSDT in next couple of months price will hit 0.22$ and 0.28$As we can see price is now broke the trendline resistance zone and retest also complete so we can expect heavy pump soon to our targets mentioned on the chart or as second scenario we may have range and short-term fall here to the major Weekly support zone and soon after that the expected pump is ahead.
DISCLAIMER: ((trade based on your own decision))
<
Tron (TRX): Possible 30% Correction Before 200% Growth!Tron coin has a good possibility for MSB, which would result in a smaller correction, after what we expect the price to grow 2x from the current market price!
More in-depth info is in the video—enjoy!
Swallow Team
TradeCityPro | TRX : An Intense and Unexpected Pump👋 Welcome to TradeCity Pro!
In today’s analysis, I’ll review TRX, which recently experienced a sharp and unexpected pump. Many traders in various communities seem to have succumbed to FOMO following yesterday’s surge. This analysis will focus on managing profits and navigating a coin that has already pumped significantly.
📅 Weekly Timeframe: Sharp Rally
In the weekly timeframe, there’s a well-established, long-term trendline that has repeatedly supported the price. I’ve often emphasized that if you’re holding TRX, it’s worth holding as long as the price stays above this trendline.
📊 The trading volume has consistently increased during the price’s rise from $0.0493 to $0.1446. After hitting this resistance, the market consolidated between $0.1084 and $0.1446 for a while.
🚀 Once the critical resistance at $0.1446 was broken, TRX achieved a new all-time high. After surpassing $0.1675, the price saw a massive pump. The RSI climbed past 80.97 and now stands at an extraordinary 91.72, indicating extremely overbought conditions. At such high RSI levels, I typically wait for a correction before making any moves.
✅ Profit-Taking Strategy
For those who have been holding TRX, consider taking some profits now. With the RSI at such elevated levels and the price nearing the 1.272 Fibonacci level, the likelihood of a correction is significant. I personally take profits at this stage and recommend you do the same. However, do not sell all your holdings, as there’s always the potential for further upward movement.
📈 If the rally continues, the next target would be the 1.618 Fibonacci level, often considered a critical resistance. Nevertheless, taking profits now is wise, especially since many holders are likely over 100% in profit, providing an excellent opportunity to withdraw your initial investment.
🛒 Advice for New Investors
If you don’t already hold TRX, do not buy at this stage. This is not an optimal entry point. Current long-term holders are likely to be taking profits, so it wouldn’t be prudent to buy while they are exiting. Patience is key; wait for a correction or a better setup before considering an entry.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TRON - Correction Before A Big MoveTron has reached ATH and now needs a bit of correction before tapping higher levels. As far as Support holds, Bullish move should continue. Please remember this is a long term trade plan.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
TRX → towards 51centhello guys!
such a days for Tron holders:)
I believe the upward rally will not stop! it will continue!
it formed a sharp movement and then a triangle pattern or a pennant pattern and now we can expect another bull move!
when we can enter:
1- the gray area!
2- when the top line of the pattern breaks up!
the next target for this pattern is $0.51
Tron TRX price get ready to...Do you want a stable growth of your crypto deposit?
Then pay attention to CRYPTOCAP:TRX
Despite the ambiguous reputation of Justin Sun, he has been on the crypto market for a very long time and the OKX:TRXUSDT chart shows that he loves his creation and supports its reputational price.
Therefore, we will not be surprised if the price of #TRON is one of the first of the old coins to update ATH in the near future, at least to $0.183, and ideally by $0.26.
By the way, our previous idea OKX:TRXUSDT gave us +40% 👇
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
TRX | TRON Goes BananasTRON Goes Full Banana Mode : Breaking Records and Throwing Peels at XRP!
TRX is up 500% since our first signal , so it’s officially time to party! order some lambos buy some bananas and let’s celebrate like crypto maniacs🎉🚀🍌
Currently priced at $0.38, it’s up a whopping +70% in just 24 hours. That’s the kind of growth that makes even Bitcoin blush. Speaking of records, TRON hit an all time high of $0.43 today, December 4, 2024, but it’s cooled off a bit, sitting just 10% shy of that milestone.
With a circulating supply of 86.29 billion TRX tokens (maxed out at the same number, like an all-you-can-eat buffet that’s finally closed), TRON isn’t playing around. Its 24 hour trading volume? A casual $5.50 billion, mostly on Binance, which is practically TRX’s second home. TRON now claims 0.90% of the entire crypto market, flexing a $33.60 billion market cap!
After altcoins like DOGE, XRP, HBAR, and XLM strutted their stuff, TRX stormed onto the scene and stole the show. Yesterday, it rocketed from $0.23, smashed through its 2018 ATH like a Kool-Aid man, and set its sights on $0.43.
This price explosion wasn’t just luck or hype. TRON’s ecosystem has been buzzing with activity. It’s dominating Tether transactions, launching flashy projects like Sun.Pump (sounds like a cryptocurrency gym), and riding on the relentless promotional energy of founder Justin Sun. He’s been spending cash like a kid in a candy store, including a hefty investment in Donald Trump’s crypto project and yeah the 6.2 million dollar BANANA was the main factor!
Speaking of Sun, he stirred the pot on Twitter by cryptically declaring, “TRX = XRP.” Bold move, Justin. For context, XRP skyrocketed after Trump’s election win and SEC Chair Gary Gensler’s dramatic exit. At one point, it gained over 420% in a month. XRP also hit a multi-year high this week near $3 and climbed to become the third-largest cryptocurrency by market cap.
TRX’s comparatively “modest” monthly surge of 135% isn’t as flashy, but hey, breaking an all-time high is still a flex. TRON’s market cap is about 5x smaller than XRP’s for now, but in crypto, anything can happen. With this much drama, who needs Netflix?
Always take profits, enjoy your trades, and celebrate your wins
Phemex Analysis #40: TRX Boom 103% in One Day!The biggest news today is that TRON (TRX) surged 103% over yesterday. This breaks its record for the highest daily gain, shatters its market cap record by reaching a new high of $36 billion, and propels it into the top 10 biggest coins by market cap.
News & Fundamental Analysis
While the exact cause of this surge is unknown, many speculate that Justin Sun's post comparing TRX to XRP may have ignited FOMO (fear of missing out) in investors who missed the XRP rally, leading them to rush into TRX. This post quickly caught the attention of many investors, prompting them to take a deeper look into TRX. Here's what they found:
1. TRX is now the most widely used blockchain network for USDT transactions.
2. TRX's daily transaction volume surpasses 8.96 million, which is 2.6 times larger than XRP's daily transaction volume of 3.39 million.
3. TRX's daily transaction volume has surpassed $50 billion, exceeding VISA's daily volume of $42 billion.
All of this data further fuels the bullish sentiment on TRX, ultimately leading to the historic 103% surge in a single day!
Possible Scenarios
Beyond fundamental analysis, let's explore potential scenarios for TRX through key support and resistance level analysis.
1. Rising Higher:
The price has dropped 18% from its new all-time high (ATH) of $0.45028 and is currently trading at $0.38656. This is a healthy pullback, allowing the price to consolidate before potentially rising further. If the price breaks through $0.43 with high volume, it may continue climbing and establish a new ATH.
2. Continued Retracement:
On the other hand, the price could continue to retrace down to $0.305, $0.27, or even $0.23. This could present a good buying opportunity for investors seeking TRX at a discount. However, it's advisable for investors to employ a Dollar-Cost Averaging (DCA) strategy and set stop-loss orders to manage risk in case of a further price decline.
3. Consolidation:
It's also possible that the price might consolidate for an extended period between $0.4328 and $0.3678. In this case, it's best to be patient and wait for a clearer direction before making any trades. Range trading is not recommended for TRX at this time due to its high volatility, which translates to a lower risk-reward ratio for range traders.
Conclusion
TRX's recent surge has captured the attention of the crypto community. While the future is uncertain, understanding potential scenarios and implementing effective trading strategies can help you navigate this volatile market. Whether you're a long-term investor or a short-term trader, staying informed and adapting to market changes is crucial. Remember, always conduct thorough research before making any investment decisions.
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Is TRX Heading for a Bullish Surge? Critical Resistance in SightBINANCE:TRXUSDT shows promising momentum on the 1-hour chart, with recent price movements revealing bullish tendencies. The pair has been steadily climbing, breaking through key levels and showing strength. Traders are closely monitoring the resistance level at 0.4334, which, if breached, could signal further upward movement. On the downside, immediate support is seen at 0.2309, with stronger support lying at 0.2111 and 0.2072.
The 9 EMA trending above the 20 EMA indicates short-term bullish momentum. The MACD histogram, while narrowing slightly, remains positive, suggesting that buying interest continues to dominate. RSI values hovering in the overbought territory reflect strong demand but also warn of potential profit-taking. Long traders might consider entries near retracements to the 9 EMA, targeting resistance levels, while short traders could capitalize on price reversals near overbought RSI conditions or resistance zones.
TRXUSDT Cup And Handle pattern !!!This is not an asset i would look at in daily or even monthly basis but, is this crypto is creating a cup n handle pattern ?
does that mean we would see above 0.20 cents on TRX !!!
This will be a problem for me because i mostly transact with Tether and i do it on TRON network so if TRX getting higher then i have to pay higher fee for my transactions
Please just tell me that i'm imagining things and TRON not gonna go above 0.20 cents.
TRX = most used chainTRON TRON JUSTIN SON
TRX = most used blockchain
Sun was born in 1990. He holds a Bachelor of Arts degree with a major in history from Peking University and a Master of Arts degree in East Asian studies from the University of Pennsylvania.
TRX have more fuel to go up!!!TRXUSDT has little more fuel to fill older TPO's as said, Dont short it blindly LOL. 0.3808 SL longs til break of Highs!
TRX round bottom pattern potential TRX / USD
Tron network is one of most popular networks in this field …Currently is printed huge round bottom pattern again on monthly chart !
Condition: Fixation above 0.18$ can send it much higher
Keep an eye
