TRXUSDT SHORT OPPORTUNITYTRXUSDT is in an uptrend and after reacting to a strong fresh OB, firstly broke the OB then got back beneath it and made a ChoCh, then I personally set my short setup, and I will enter in lower time frame in 15M and 5M, based on my checklist confirmation and risk and money management!
But as you know the analyzing timeframe is 4H and the triggering orders might take time, hence as you might know tomorrow there will be data, MCSI (Michigan consumer sentiment index) which is very important for dollar. So be careful at that time, DYOR and be profitable!
Ciao!
TRXUSDT.P trade ideas
TRX: Possible Bearish CorrectionTRX: Possible Bearish Correction
We have seen that TRX has been in a strong bullish movement and it has reached the previous year's price high before the BTC crash.
All that bullish movement happened very quickly and without any strong reason.
We all know that TRX has been part of large manipulations and they had also a problem with the SEC.
Probably now it's the time for profit-taking.
Thank you and Good Luck!
TRXHi....
usually i am not in such a risky position like this .... see this chart ...huge amount of candles inside two big red candle are creeping up weakly and i recommend you to close your longs in TRX maybe it goes higher but the risk reward ratio now in this chart is not worth it ......
Good luck
TRX: indicator for short!Hello colleagues!
🔎Globally, the price is in an ascending structure. For 791 days there is a corrective movement with the accumulated liquidity on the forehead side. There is a liquidity point above at $0.09279, which will be the target for growth.
🔎A large pool of liquidity has formed on the weekly TF from below, which will become "fuel" for a decline to $0.04526
🔎On the daily TF, there is a corrective movement towards the falling wave. Now there is a local reaction to the filled imbalance, which may lead the price to decrease.
❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.
TRADE OF THE DAY | TRX Potential 7.2%TRADE OF THE DAY | TRX Potential 7.2%
We are seeing a distinct ascending channel/wedge here now with a slight bearish divergence formed. Whilst we can wait for the break down we have given more room on the stop-loss to accommodate another potential test of the upper channel resistance. There is also the all important breakdown on the oscillator trendline. Conservative TP above the key support. Realistically though if BTC starts to pump hard then best to exit or cancel trade.
TRXUSDT (4H) - Bullish breakoutHi Traders
TRXUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 0.0789 resistance level. Only the downward break of 0.0766 would cancel the bullish scenario.
Trade details
Entry: 0.0789
Stop loss: 0.0766
Take profit 1: 0.0804
Take profit 2: 0.0827
Score: 7
Strategy: Bullish breakout
Important analysis for TRXUSDTHello dear friends. How are you ?
Today we have a view for TRX symbol SEL/SHORT.
It is important to break the upward trend line.
For risk management, please don't forget stop loss and capital management.
Once we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank you
TRXDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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If it rises above 0.07728, a sharp rise is expectedHello?
Traders, welcome.
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Have a good day.
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(TRXUSDT chart)
Looking at the 1M and 1W charts, it is expected to continue its upward trend as it has risen above the respective HA-High indicators.
(1D chart)
However, since it is located below the HA-High indicator on the 1D chart, the important question is whether it can be supported by rising above 0.07728.
If support is confirmed by rising above the HA-High indicator on the 1D chart, it is expected to rise to around 0.09029.
If it rises above the HA-High indicator, it is likely to break the previous high.
However, since the volatility is highly likely to form, careful trading is required.
The HA-Low indicator on the 1D chart is formed at the 0.07288 point.
So, we need to see if we can get support and rise around 0.07192-0.07288.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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TRXUSDT and its levelsHello everyone. Many coins now have their own charts, unlike others, so it's even more interesting to watch them. From more or less understandable graphs, today we will consider TRXUSDT. The coin moves clearly through the levels. And now the price has smoothly and closely approached the level of 0.075. I think it would be logical to break through the level and go to the previous local highs - 0.082.
TRXUSDTCan this currency turn its downward movement into an upward one?
Yes, it can.
How ?
By breaking the ceiling...
After breaking the roof, can he create a new roof?
Yes, it can. The price will not go up until the actor sells this currency.
Now we have a new ceiling and the number of sell positions in the flow of losses...
Pull back! The player has lost sales.
In this situation, stop loss activates the traders, they make profit, and close their selling positions.