TRXUSD trade ideas
TRXUSD good buying opportunity
- TRXUSD is retesting structure support
- Structure is pushing up
- Market formed a harmonic pattern
- Price was building in a symmetrical triangle
- Confluence of the counter-trendline support and local support area
- Overall trend is bullish
- Sentiment - Neutral
- ( Candlestick ) ??
- Plan is to go Long on a rejection of support zone
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
It's Time for Tron to Shine!Recently a resistance zone is transformed into a support and the price is rejecting this trend line perfectly. According to Fibonacci retracement expect the price to double! Good luck :)
Tron can give 20% return in upcoming daysthe coin has formed a triangular pattern. If the price breaks above 7% of the current position, it can see a rally of 18% in upcoming trading sessions. TRX price can also see a new low if it comes below the triangle.
The volume indicator is at 2.28M with the hint of lower buying pressure. If the price climbs above $0.06, then a strong buying volume can be seen.
Kindly comment your thoughts below
H&S TRX in weekly time break neckline in H&S and retest it , trend is so bullish and good news is coming , buy and hold for midterm bag
bullish on TRON-USD 200% gainz incomingalways dyor + good risk management!
price target 1: 0.16$ target 2: 0.20$
2X idea tron/usd break out + retested ready for more upside
bullish break out and flipped resistance into support
TrxThis is neither a buy signal nor a sell signal.According to the indicator SMA Selling is the best option
HIGH ETH GAS FEES = MIRGRATION TO TRX CHAIN FOR SMART CONTRACTSEveryone is being told that Ethereum 2.0 proof of stake Blockchain is two months away. I have even seen reports of two weeks away! The Ethereum developers are the most conservative out of any chain. Why? They have the most to lose, being the number two crypto on the market by "market cap".
The number of projects built on top of the ETH Blockchain has swelled due to a big shift toward decentralised applications in finance, gambling and smart contract matrices because this removes the risk of bad actors 'exit scamming " with your money.
The combination of these factors and BRRRRRRRRRR of printing presses skews my fundamental analysis toward a bullish crypto outlook, albeit with very short lived pullback.
TRX/USD Setting up for success!Due to the technicals on the chart I believe we will see a move to 0.80000 region. Significant drop occurred from 0.06 region down to 0.042000 as seen on the chart.
We have consolidation on many crypto pairs and it has proved to be a minor hurdle to overcome to go up another leg. Simple yet informative suggestion to go long on this pair from me.
TP AND SL are on Screen. Wish you all the best of luck!
