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Trxusdt

Tron Overtakes Cardano: Is This the Beginning of a Bullish Run?The cryptocurrency market has been a rollercoaster in recent times, with various digital assets experiencing significant price fluctuations. In a surprising turn of events, Tron (TRX) has managed to outperform its rival, Cardano (ADA), with a remarkable price surge in the past week. This unexpected development has caught the attention of investors and analysts alike, sparking speculation about TRX's potential for further growth. One of the most compelling indicators of investor interest is the open interest, which represents the total number of outstanding derivative contracts for a particular asset. In the case of Tron, the open interest has skyrocketed by a staggering 52% in the last 24 hours. This substantial increase suggests a growing appetite for TRX among traders, potentially fueling further price appreciation. The surge in open interest could be attributed to several factors. Firstly, the recent price rally of TRX has undoubtedly attracted the attention of investors seeking outperforming assets. Secondly, the underlying fundamentals of the Tron network, such as its focus on scalability and decentralized applications (dApps), may be gaining traction among developers and users. If TRX manages to close a weekly candle above the crucial $0.15 resistance level, it could signal a significant shift in market sentiment and potentially trigger a more extended bullish trend. Breaking through this resistance would indicate strong buying pressure and could pave the way for TRX to challenge higher price levels. However, it's essential to approach this development with caution. The cryptocurrency market is highly volatile, and past performance is not indicative of future results. While the current trends for TRX appear promising, several factors could impact its price trajectory. These include broader market conditions, regulatory developments, and the overall adoption of blockchain technology. As with any investment, conducting thorough research and due diligence is crucial before making any decisions. Investors should carefully evaluate the risks and rewards associated with TRX and consider diversifying their portfolios to manage exposure to market volatility. In conclusion, Tron's recent outperformance of Cardano and the surge in open interest have generated excitement among investors. While the potential for a bullish breakout exists, it's essential to maintain a balanced perspective and consider all factors before making investment decisions. The cryptocurrency market remains unpredictable, and staying informed about market trends and fundamental analysis is vital for navigating its complexities.
BINANCE:TRXUSDLong
by bryandowningqln
1
TRX is in a dangerous placeThis analysis is an update of the analysis you see below in the "Related Ideas" section. The triangle of the previous analysis is still standing and only the D wave has become more time-consuming. We expect the formation of wave E from TRX. It can be rejected from the supply range to the green box. The targets are marked on the picture. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
TRX - Slow and easy trade#TRX/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support line and successfully bounced back from it with a long wick. + Overall trend is looking strong and we can expect the price to hit the next resistance line --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.1262 Stop Loss: 0.1156 ------------------------------ Target 1: 0.1298 Target 2: 0.1333 Target 3: 0.1391 ------------------------------ Timeframe: Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
I Cannot Short This !!! situation+next targets.TRX 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 ) . broke out the Triangle on 1D timeframe. Up we go📈 ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Is TRXUSDT About to Skyrocket? Potential Bullish Move Ahead!Yello Paradisers! Have you noticed how #TRXUSDT is following the symmetrical triangle trajectory? This indicates a high probability of a bullish move! 💎TRXUSDT has consistently followed this pattern. Currently, a bullish double bottom pattern is forming at the support zone around $0.11050. If the price sustains its momentum, there's a great chance it will make a bullish move above the supply area. 💎Watch for the price to sustain momentum here for a bullish breakout at support $0.11050. If the price fails to hold momentum and breaks below the ascending support, we anticipate a bullish rebound from the lower support level at $0.10759. 💎Should TRXUSDT break below the strong support at $0.10759, it would invalidate the bullish outlook, leading to a significant price drop. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
TRX → be sure! buy it!hello guys... I think TRX will be bullish for these reasons: 1- it made a quasimodo pattern! 2- it is on the flip area! 3- It somehow reacted to the bottom line of the channel! the target will be $0.133 and $0.19. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
4
TRX (TRON): Overbought at ResistanceTrade setup : Price is in an Uptrend. It made Higher Lows (see blue trendline) and broke back above 200-day MA ($0.12) to signal trend reversal to uptrend. It's now approaching $0.145 resistance and getting overbought (RSI > 75), hence, we could see some profit taking in this area. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.145 to signal continuation of uptrend, or 2) pull back near $0.12 support for another swing trade entry in Uptrend with +20% upside potential back to $0.145. Pattern : Price is Overbought at Resistance. This trading strategy finds assets that are overbought (RSI > 70) and are near a resistance area, which means there's a high probability that price will get rejected and pull back near-term. Overbought conditions are typically reached when RSI hits 70 or more. Learn this trading strategy in Lesson 5. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is Overbought currently, based on RSI-14 levels (RSI > 70). Support and Resistance : Nearest Support Zone is $0.11, then $0.10. Nearest Resistance Zone is $0.145.
Long
by altFINS
Trading Signal For TRXUSDT Tron Trading Setup: There is a Trading Signal to Sell in TRXUSDT Tron (4h) (futures) Traders can open their Sell Trades NOW ⬇️ Sell now or Sell on 0.1292 ⭕️SL @ 0.13165 🔵TP1 @ 0.1224 🔵TP2 @ 0.1169 🔵TP3 @ 0.1088 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Short
by pullbacksignal
2
I Cannot Short This !!! situation+next targets.Hi. BINANCE:TRXUSDT TRX 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. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
Is #TRXUSDT Set for a Bullish Breakout? Don’t Miss This Key MoveYello, Paradisers! Have you been tracking #TRXUSDT lately? It’s showing some strong signals that could lead to a major bullish continuation. Let’s dive into the details! 💎After a careful analysis of #TRON's price action, we’ve observed a promising pattern. For a long time, NASDAQ:TRON has been adhering to a descending trendline. Recently, it has successfully retested this descending resistance, indicating a potential bullish move. If #TRX breaks above the $0.11806 resistance and sustains its momentum, we could see a significant bullish continuation. 💎Due to previous strong bearish pressure, there’s an imbalance in the price. It’s likely that the price might revisit this level to fill the imbalance. If #TRX fails to initiate an upward movement from the retest level, we should look for a bullish rebound from the lower support at $0.11507. However, if the price breaks below the $0.11507 support, this could invalidate the bullish setup and lead to further declines. Stay disciplined and focused on your trading strategy. If you master these principles, you will already be ahead of most traders. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
Alikze »» TRX | Wave 3 or C bullish scenarioIn time 2W, after an ascending wave and a double correction at the bottom of the channel, after successfully exiting the concentration, it is moving towards the specified targets. This upward wave is due to the structure in wave 3, whose micro waves will be presented in the next updates. But this upward move will have the ability to reach at least $0.58 and $1.2 in the long term. If no candlestick penetrates below 0.5177, this analysis will be valid for the specified purposes. 🟩Sup:0.097 ⛳️Tp 1:0.177 ⛳️ Tp2 : 0.58413 ⛳️ Tp3 :1.23008 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
1
TRXUSDT Price UpdateHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: TRX broke above the symmetrical triangle pattern 5 days ago and has not yet been retested. The $0.1274 level holds strong resistance for TRX. For a successful rally toward Resistance 2 ($0.1431), TRX must break above Resistance 1. Failing to do so would likely result in a rejection down to the lower support level at $0.1148. The range between $0.1148 and $0.1185 can be considered the best entry for TRX. Invalidation Point: A breakdown and close below the lower supporting trendline. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
TRX ANALYSIS🚀#TRX Analysis : 🔮#TRX has broken out of a symmetrical triangle pattern on the 3D timeframe💁‍♂️ The breakout of the bullish pennant pattern suggests a potential bullish move📈 Expect a bullish wave of around 15% in the coming weeks 🔰Current Price:  $0.12300 🎯 Target Price:   $0.14100 ⚡️What to do ? 👀Keep an eye on #TRX price action. We can trade according to the chart and make some profits⚡️⚡️ #TRX  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
TRX: Resistance BreakoutTrade setup : Trends are mixed but improving. Price has made Higher Lows (see blue trendline) and broke back above 200-day MA ($0.12) to signal trend reversal to uptrend. If it breaks above $0.125 resistance, it could revisit $0.14 next. Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7. Trend : Short-term trend is Strong Up, Medium-term trend is Down and Long-term trend is Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.11, then $0.10. Nearest Resistance Zone is $0.125, then $0.14.
Long
by altFINS
Need to check if the rise can continueHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M chart) It fell near the Fibonacci ratio 1 (0.13571) and touched near 0.10447 and is currently maintaining the price. - (1W chart) The key is which section it deviates from among the support or resistance sections shown on the chart. The current medium- to long-term trend is maintaining an uptrend, but if it falls below 0.10447, it is judged that it is likely to turn into a downtrend. - (1D chart) Therefore, the key is whether the price can be maintained by rising above the sell line of the superTrend indicator. If not, you should check for support near the box section of the HA-Low indicator on the 1D chart. You should check whether the price can be maintained by rising above the Fibonacci ratio of 0.786 (0.11732). The key is whether the price can be formed by maintaining the bottom section near the HA-Low indicator on the 1D chart. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section that is expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto