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TRXUSDT.PS trade ideas

TRONX Price action is in Motion, what is next?Hello all, That being said, neither I am a crypto expert, nor a fundamental researcher, I like to trade based on purely technical and price action analysis. Show me the chart then I would tell you the news. I do not care also about the technology, I only care about what I see on the chart and try to share it with you. Market structure: 1. Downtrend is confirmed. Be careful when People or "YouTuber," say the market now is in the bottom process. It also means that the market will go deeper and lower, then it will create the Divergence or retest the double or triple time the EMA, etc. Of course, I don't exclude the V Shape recovery. 2. Major flow: From point 1,2,3,4,5 >> bearish. Minor flow: From 6,7,8,9,10 >> bullish, however, notice that the resistance line is still holding the price action from the Supply sellers! This means buyers are not that stronger than sellers at the moment I am writing this post. 3. Less is more, I think that you could see there is a "highly probable" short trade set up with a 1 to 5 or even 8 risk/reward ratio. From my own "stupid" experience, please do not leverage more than x20, and please do not overtrade, because I expect that Tron price actions could be highly volatile, as long as there is no body of candles in 4H or 8H closing above the washing lines. The market will continue its first motion, Major flow >>> towards the Ultimate target!!! Cheers, and thank you.
Short
by JokerVN30
TRX - Down we go, go, go, go..Reasons to take short: ⭐️ BTC bearish ⭐️ Trendline 10 days long ⭐️ Trendline is clean ⭐️ Collected stop-losses ⭐️ Price is squeezing to the trendline ⭐️ 6th touch ⭐️ 50 ATR, coin at high Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
1
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06690). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 0.07046 TP2= @ 0.07410 TP3= @ 0.07869 TP4= @ 0.08573 TP5= @ 0.09223 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
13
💡Don't miss the great buy opportunity in TRXUSD @justinsuntronTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06690). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . TRXUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.07046 TP2= @ 0.07410 TP3= @ 0.07869 TP4= @ 0.08573 TP5= @ 0.09223 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
TRXUSDT is testing the Monthly supportThe price lost the 4h support after the market created a double top on 0.09. Due the news about PEG-DePEG of USDD the price lost the daily support on 0.73 as well. At the moment the price got a new liquidity from below the monthly support and the price is testing the 0.5 Fibonacci level as new resistance. How to approach it? IF the price is going to have a breakout of 4h resistance and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
TRX/USD - Tron pumping to 7 cents! 🚀Tron is on a clear path to 7 cents. The chart is bullish and so are the indicators. If it breaks the 7 cents resistance and moves above 8 cents, then TRX could leave this massive descending triangle visible on the weekly timeframe. Both the MACD and RSI are making higher highs, so this is good and continuation is likely unless BTC pulls the market lower. To me, the price will continue up until it faces the resistance level. Volume is not great on this last pump, but there are reasons to be optimistic right now. Longs have a better r/r right now and my bias is bullish. Like and follow if you liked my idea!
Long
by DU09
TRX - Impulse is closeReasons to take long: ⭐️ We are in a bear trend ⭐️ Trendline 8 days long ⭐️ Level is clean ⭐️ Price is squeezing to the trendline ⭐️ 4th touch ⭐️ 35 ATR ⭐️ Volume decreased. Either we see an impulse up or down. Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
2
TRON (TRX) - June 24hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) Resistance: around 0.08631 Support: 0.04736-0.06034 Below 0.04736 is likely a mid- to long-term investment area, so careful trading is required. (1D chart) Primary resistance: 0.07451-0.07679 Secondary resistance: 0.08223-0.08631 1st support: around 0.06034 2nd support: around 0.04736 There are many support and resistance zones set across the 0.06034-0.08631 zone. Therefore, you need to make sure that there is a sidewalk to get out of this section. Therefore, the key is whether you can break out of the downtrend line and move along the uptrend line. The next volatility period is around July 20th. ------------------------------------------------------------ ----------------------------------------------------- ** 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.) ---------------------------------
by readCrypto