TRX Achieves Third Target with a 74% Surge! 🚀🚀
Exciting news for TRX enthusiasts! The TRX cryptocurrency has successfully hit its third target, experiencing a remarkable 74% surge. The current price stands at an impressive $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for substantial gains. Stay tuned for further market insights and potential opportunities in this dynamic digital currency landscape. #TRX #CryptoSuccess
TRXUSDT.PS trade ideas
I Cannot Short This !!! situation+next targets.TRXUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Why +208% on TRX is an underestimation ?#TRX/USDT Analysis
Description
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+ TRX has been moving upwards slowly while forming the cup pattern.
+ This slow move of the TRX has given it enough time for the accumulation
+ Once the price breaks this resistance line i'm expecting back to back God Candles.
+ This is a good opportunity to enter a LONG position with TRX.
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VectorAlgo Trade Details
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Entry Price: 0.13866
Stop Loss: Below 0.09780
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Target 1: 0.17930
Target 2: 0.22480
Target 3: 0.30028
Target 4: 0.43250
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Timeframe: 1W
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
TRON (TRX) showing a strong uptrenddaily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis.
TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory (above 70), indicates strong buying momentum.
The Moving Average Convergence Divergence (MACD) is also in bullish alignment, with the MACD line above the signal line and both residing above the zero line, further reinforcing the strength of the current uptrend.
Looking at the Smart Money Concepts (SMC) indicators such as Break of Structure (BOS) and Change of Character (Choch), there have been significant shifts in market structure indicating potential smart money activity. The BOS markers preceding strong directional moves suggest that institutional money may have been a driving force behind these price changes.
Fibonacci retracement levels show that the price has surpassed the 0.618 level, which in many cases acts as a resistance turned support level. This could indicate that if a retracement were to occur, the price might find strong support at or above this Fibonacci level.
The Volume Profile Visible Range (VPRV) indicates that there is a substantial trading interest at lower price levels, suggesting that if a retracement were to happen, these levels could act as potential areas of demand.
A potential harmonic pattern can also be identified, with the price trajectory suggesting a completion near the 0.786 retracement level. This pattern often signifies a reversal point, and as such, could indicate that the current uptrend may experience a reversal or significant retracement upon completion of the pattern.
From a smart money perspective, traders would be observing these levels and patterns to align their entries and exits with the anticipated institutional movements. The alignment of strong technical indicators with smart money concepts presents a compelling narrative for the current and future price action of TRON.
Traders should closely monitor how the price reacts upon reaching significant Fibonacci levels and harmonic pattern completion, as well as any signs of weakening momentum or trend reversal indicated by the RSI and MACD, to make informed trading decisions.
Tron(TRX): Major Resistance Is About To Be Broken! Tron has reached that major resistance, which is marked as the ATH zone as well (since 2021).
We are looking very closely at the weekly time frame to see where the candle will close.
From there on, we will decide if our potential short setup will be valid or not. Now all we can do is wait and be ready!
Swallow Team
Here I buy TRON at $0.13While your eyes are frozen only on bitcoin lately
I was looking for another altcoin to buy today (preferably a high cap) and I liked this one:
$TRON.
So I'm slowly loading my bags here at $0.13 while everyone is only watching bitcoin.
You know, I've already worked on bitcoin, I longed it down there twice at 32k and 36k, the fomo started there like I said and till now it's still here being fomoed. But now it's time to let go and move on. What happens to it from now on doesn't interest me anymore until I open another trade on it.
That's why I'm going to get this blockchain off the ground.
Now hit the laugh reaction so I can laugh at you ahead.
See you up there.
TRX SHORT SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
TRX/USDT Trading Scenario: TRX Accumulation
We are considering the scenarios of TRX development and initiating purchases of the asset.
Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of the asset during this period.
It is also worth noting that while the price of BTC is decreasing, this asset continues to show stable growth. This may indicate its strong position and potential for further growth, despite the overall market direction.
However, given the current market scenario, there is a possibility of a correction in the price of the asset along with the overall market movement.
We are considering the possibility of entering a position on the TRX correction. We plan to start accumulating a position when the price reaches around $0.10528 and consolidates above this level. If the price declines to the sloping trendline at approximately $0.09689, we might also consider adding to the position.
This approach is based on the desire to enter a position at an optimal level that will support our risk management strategy and increase the potential profitability of the trade.
TRX-USDT / 4H / TECHNICAL ANALYSISBINANCE:TRXUSDT I have set the resistance at 0.13017, support at 0.09559, and the daily pivot point at 0.10475 for TRXUSDT. My target is 0.12308, and this target remains valid as long as the trend line is not broken.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck