TRXUSDT.P trade ideas
TRX Tron Technical Analysis and Trade Idea PLUS My Trading Plan In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
🚩TRX can Go Down By Bearish Pennant Pattern🚩🏃♂️ TRX is moving in the 🔴 Heavy Resistance zone($0.150-$0.122) 🔴 and Ascending Channel .
📈Also, TRX has managed to form two Classic Patterns ; the first pattern is the Rising Wedge Pattern , and the second pattern is the Bearish Pennant Pattern .
🔔Currently, TRX has managed to break the bottom line of the Rising Wedge Pattern, and I expect TRX to continue its decline , at least to the lower line of the ascending channel .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
TRON Analyze ( TRXUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#TRX/USDT#TRX
The price is moving in an upward trend in blue on a 2-day frame, and the price adheres to it
We have a higher stability moving average of 100
The RSI indicator has a long-term uptrend
The stop is below the uptrend if it is broken
Entry price is 0.1243
The first target is 0.1312
The second target is 0.1378
The third goal is 0.1456
Touching the HA-Low indicator means...Hello traders!
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(TRXUSDT 1M chart)
It appears that a new HA-High indicator is about to be created.
Accordingly, we need to check whether the HA-High indicator is generated at the 0.10447 point.
If the HA-High indicator is created at the 0.10447 point, the key is whether it can be supported and rise around that area.
(1W chart)
The key is whether the price can be maintained by receiving support in the current section and rising above 0.13052.
If not, and it falls below 0.786 (0.11732), it is likely to fall to around 0.618 (0.10288).
If it falls like that, there is a high possibility that it will turn into a downward trend, so you need to think about ways to respond to the decline.
(1D chart)
The HA-Low indicator was first touched on August 20, 2023, and then again on March 21, 2024.
Accordingly, the key is whether it can be supported and rise around 0.12002, which is the point where the HA-Low indicator is currently formed.
The HA-Low indicator is an indicator that indicates the boundary of the low point section.
Accordingly, support from the HA-Low indicator can be said to mean that a bottom section is forming.
If it falls below the HA-Low indicator, it means that the low point is renewed, and a cascading decline is likely to continue.
Therefore, a trading strategy should be created depending on whether support or resistance is found around 0.12002, which is the currently formed HA-Low indicator point.
Since the MS-Signal indicator is formed around 0.12296, the key is whether it can rise above 0.12296.
If that happens, there is a high possibility that it will rise near the HA-High indicator, so there is a possibility that it will rise to around 0.13997, which is the point where the HA-High indicator is currently formed.
However, as the price rises, there is a possibility that a new HA-High indicator will be created, so if a new HA-High indicator is created, support must be received near it to continue the upward trend.
TRX is one of the coins that is expanding the coin ecosystem.
I think it will be a good textbook for expanding the coin ecosystem I selected and understanding the trend as the first coin to touch the HA-Low indicator.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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TRX- USDT...HINT- Ticking Bomb! 💣🔥 23/03/24With ENTRY area @ 0.12050 or around it is not too late to "jump in".
TP @ 0.13634 or around...
WARNING ⚠️: TREAT COUTIOUS, COS IT IS A "TICKING BOMB"!
It can make a "crazy" dance all over chart before going to hit TP! Don't gamble & properly trade only....!
It was done using purely technical analysis only... & only...😁
PS: not able to post many more trades, which one in the progress or just endup in profit , cos of lack spare time , sorry....over incoming weekend I will try to share majority of them ..
Live Long & Prosper!🖖
TRXUSDT: Fast Trend Holding On and Targeting 17 CentsTRX recently Bearishly reversed after testing the upper bound of a Bearish Butterfly, now TRX has pulled back to the faster trend line. If the Faster Trend on TRX Continues to hold out, as it has several times already, I think Tron could attempt to make a higher high which could lead to it reaching the ultimate 3.618 Fibonacci Target off the back of Hidden Bullish Divergence.
300R Trade on TRONOn the basis that I think Bitcoin will reach at least $170k many alts should have relatively good performance.
With Bitcoin seemingly placing in a daily cycle low and with the 15min trend in tact, I think it's worth placing a small bet here to ride what could be a potentially massive trend.
The chance with no edge is 1/300 of this working out, so I expect this trade most likely to fail as a warning, however I do see about 1/5 of these types of opportunities working out which is a great edge.
$0.30 is the target.
Cryptolean Tron TRX UpdateTron is trading in the wide daily range zone between $0.112 and $0.126.
A bullish move from the current price location reclaiming$0.126 will result in a slow upward move to $0.138.
As long as TRX in the daily chart is trading below $0.126, the bears are in control and will try to push price to the key daily support zone of $0.106-$0.112.
A bearsih break-out of this support zone will make TRX very bearish.
TRX ANALYSIS (1D)TRX seems to be completing a large bullish triangle, which has now ended wave D and we have entered wave E of this large triangle.
The green range is a good place to rebuy.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🔥 TRX Massive Bullish Triangle SignalTRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up. A less risky trade would be to wait for the top resistance to break.
Tron(TRX): Quick Pump&Dump 👀 Tron has had a really nice downward movement dumping from top and breaking nicely that 100EMA on daily timeframe.
Now that we have almost touched the 200EMA as well, we see a very serious pump and dump scenario here, which means we will most likely see a re-test of the broken. We will be looking at price action in that zone and be ready for any potential rejections to happen!
Swallow Team
Cryptolean Tron TRX UpdateTron is having a bearish pullback and trading in the daily range zone where we will continue to see a slow and choppy price action.
A bullish reversal from the current price location reclaiming $0.132 will result in a slow upward move to $0.138.
A confirmation of a break-out of $0.132 will push TRX price towards $0.126.
Intraday Chart
The TRXUSDT 4-Hour chart is bearish and re-testing $0.132, an intraday resistance.
A bearish rejection of $0.132 will result in a bearish dip of Tron price towards the key intraday support zone of $0.128-$0.13which, in turn, could lead to a strong bullish rejection of this support zone.
A bullish break-out of $0.132 will push price higher to $0.134.
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