TRXDaily observation indicates that there is a deep correction in price but it was really long term.
TRXUSDT.PS trade ideas
TRX/USDT - waiting long-term buyTrend starting to turn bullish as for multiple other altcoins. Yet, pullback would be ideal for a good risk/rewards buying opportunity. Waiting....
big move in next few weeksAn obvious triangle.
Not sure if it would go down like terra, but probably an good opportunity to trade once signals are out
TRXUSDTPERPAfter the sharp fall of the price in this width, we have witnessed the formation of a very strong resistance in the area of 0.07. This time, the price has formed a head and shoulder pattern by rejecting from this area. Pullback broke into the trend line and continued to fall, but in case of further fall without pullback, the 0.064 area can be considered as an important support area, and if it is lost, lower prices are considered for this.
TRX could have a small pullback - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Operational Information
• Entry price: 0.06810
• StopLoss: 0.07078 (Loss 4.07%)
• TakeProfit Minimum: 0.06602 (Win 2.93%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
Don't miss opportunity for short position Daily Scalp
all you need to know is in the chart
look closely and make your position smartly
this is just my idea and not financial advice or a signal for buy/sell
TRXUSDTPERPAfter the downward extension that we see in this currency, the price faced a correction and the recent candles show the price of this currency falling, so it is suitable for short position.
the repetition of historyThe repetitive behavior on the chart is quite evident, and this means my heartfelt belief in the repetition of history...
TRXUSD ❕ upward channelTron is moving in an uptrend channel and is above liquidity.
Price is testing 200MA as support on the 4H Timeframe and 50MA on the 1H Timeframe.
TD Sequential has formed an up reversal signal (1H TF)
Price and RSI have formed a bullish divergence (1H TF)
I expect the continuation of growth after fixing above the lower limit of the channel.
TRX cypher pattern 15min tfpossible cypher pattern . pratice charting only. Not a financial advise
This is only to monitor progress in my trading journey.
Anyone is free to make comment or suggest for me to improve my trading skills.
TRXTron's upward momentum has weakened and this high seems to be an upward correction in a downward trend
It is likely to be corrected to the bottom
With proper capital setup and management and low leverage of two or three and getting entry, it can be checked as a trend transaction.
Descending Triangle 👌TRX is consolidating at the tip of the asending triangle on D1 TimeFrame. We await a breakout, while considering #BTC
TRXTo help out during the market fluctuations, the Tron DAO Reserve announced that it received 700 million USD Coin (USDC) to defend the USDD peg. As a result of the fund infusion, the team behind the stablecoin explained that the collateralization ratio of USDD is now boosted to 300%.
🔥 TRX: possible false breakout abd riseTRX price is creating the rising wedge. This is a bearish pattern but after the BTC fall for the 75% the continuation of the downtrend is less possible then consolidation or growth.
The price should return to rising wedge for continuation of it growth. It shown sign of bulls. Additionally, we see how TRX was growing after the fall. A lot of buyers were at the bottom what is shows us the strength of this alt. Even when BTC fall it continue it`s uptrend.
Also, the growth is possible because of the short traders which are open their possition after the Luna crasg and wait for the crash of USDD (Tron`s stablecoin) but situation normalized.
The volumes after the false brakout don`t show that a lot of traders were trapped. Even after break of the lower boundary volume doesn`t change so we have to wait for our trading setup.
The target is value area of $0.78-0.86.
Additional scenario is the retest of lower boundary of rising wedge as the resistance and continuation of fall. It`s possible if BTC continue it`s fall to 17-17,5k to make a relow and collect liquidity.
In this case the target will be the area of $0.5-0.55.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRON (TRX) - July 12Hello?
Traders, welcome.
By "following", you can always get new information quickly.
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Have a good day.
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(TRXUSDT 1M Chart)
The 0.04736-0.06034 interval is the interval that determines the trend.
Therefore, if the price is maintained above this range, it is expected to rise.
(1W chart)
Primary resistance: 0.07679-0.08631
Secondary resistance: 0.10176-0.11228
1st support: 0.06034-0.06461
Second support: 0.04736
(1D chart)
On July 9th, the RSI marked an overbought zone and is declining.
It is necessary to check whether it can be supported in the first support section.
In particular, you need to make sure it is supported at 0.06532.
The volatility period is around July 20.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRXThe price fell to a strong support level. many bullish signals have been formed. I think the price will break the downtrend line and rise to 50-100 MAs. Support levels are indicated in case of a bearish scenario
TRX Long call#TRX/USDT #FUTURES
LONG
Entry : 0.06438/0.06575
Targets :
0.06656/0.06732/0.06732/0.06890/0.06964
Stop : 0.06356
Leverage 7-10x
Good Luck Legends
TRXUSDTPERPAfter the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the range of Break price action resistance.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.
TRX Short in poor marketConsidering BTC position and this gentle climb on no fundamentals or volume builds a solid picture.
Reaching previous resistance.
Long term downtrend resistance approaching
Entered short long term, expecting 0.65
Eventually down to 0.5 with
bad market conditions.
#TRX/USD Buy Trade Scenario.Hello Traders I hope you are well and safe. Today am Discuss #TRX/USD For Long.
Here is a Full Analysis of #TRX/USD When the price Touch Order Block then the Nice opportunity for Long.
If you have any queries then leave a comment.
Thank you Traders For your Support Like and Follow.
TRXUSD ❕ descending wedgeTron is moving in a downward wedge after a local upward movement.
TD Sequential has formed a reversal signal downward on the 30m Timeframe.
I expect TRX may continue to decline if it fixes below the support level. The coin has a good potential for growth, but now we don't see strong movements in trading volumes, so the loss of the support level will lead to a fall, and there are already attractive entry points for buying.
