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TRXUSDT trade ideas

TRX fall out of the bullish triangle ?"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted this optimistic sentiment. The TRX token seems to have broken free from the confines of the bullish triangle. This breach marks a pivotal moment, suggesting a potential change in the prevailing market dynamics. The breakout from the triangle indicates a shift in the balance between buyers and sellers, and it's crucial to assess the implications of this movement. As the breakout unfolded, the TRX price underwent a testing phase, revisiting the ascending trendline that had previously guided its upward trajectory. This retest of the trendline can serve as a critical confirmation of the triangle's breakdown, potentially signaling a shift towards a downward trend. Traders and analysts are now closely watching whether the price manages to sustain itself above this level, which could indicate a potential recovery, or whether it succumbs to the pressure, implying a further decline in value.
Short
by Bitcoinblockchainonline
TRX Buy Trade and TP based on D Wave AnalysisHere is My Study on TRX. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
1
TRX: Pullback in UptrendTRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern and below $0.08 support, price pulled back near $0.073 support, which could be an attractive swing entry, with upside to $0.08-$0.086. Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080 (previous support), then $0.086.
Long
by altFINS
🚨 Trade Update: TRX/USDT (10-20x)🚨 Trade Update: TRX/USDT (10-20x) 📉 Short Entry: 0.0766 - 0.0787 OTE (Optimal Trade Entry): 0.0779 SL: 0.0789 B/E Move: When it moves close to TP2 TPs: Short Term: 0.0762 - 0.0758 - 0.0753 - 0.0748 - 0.0742 - 0.0735 Mid Term: 0.0725 - 0.0712 - 0.0695 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®
Short
by GISTRADINGLLC
TRX/USDT Is it time for correction? Hey traders 👋 TRX coin is next on our watchlist with a nice potential for a turnover to happen soon! We see those many attempts of liquify grabs which were resulted by bears with selling pressure but they had failed many times....yet they still try and try. TRX coin has been growing and growing leaving EMAs on daily below the market price! We are keeping an eye for potential drop here which might happen anytime soon! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium
4
TRX: The Bearish Movement Already BeganTRX: The Bearish Movement Already Began On our first analysis, the price was still in correction and without any clear direction. At that moment the price was showing the possibility for both moves. Yesterday the price validated the bearish scenario and reached our first target zone. In the current condition, we may see any small correction before the price resumes the bearish movement again. You may find more details in the video. Thank you and Good Luck! Previous analysis:
Short
by KlejdiCuni
3
TRON: DCA Plan Post-RedistributionTRON is another token targeted by the SEC and in danger of a deep sell-off in the months ahead. Allegations of TRX wash trading have also been brought forth. In the event of a bleed out, these are the Fibonacci retracement DCA points I'll be observing to start scooping it up incrementally. Volume metrics presuppose redistribution, and evidence of smart money absorption is already there (.076). Beware of a possible liquidity grab before the UTAD PA crashes southward. Please LIKE and SUBSCRIBE if charts like these are beneficial to you. *Attention All Serious Traders & Investors: Stop getting smashed and start winning in crypto. My charts will teach you how! If you like big wins and big money, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. Check out my chart history and see for yourself. I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk. **Not a financial advisor. Always DYOR and trade at your own risk.
Short
by jalapablo
You can't Ignore Tron's Bullish Move Ahead, TRX/USDT AnalysisParadisers, 💎 TRX is currently moving in a positive direction, shaping an ascending channel. It looks like it might follow the Elliot Wave pattern from 1-5. 💎 Right now, TRX is in a high-demand area, suggesting a continued upward trend. 💎 Just a heads up: it's a good idea to keep an eye on the lower low area. If the price goes below this, it could indicate a change in the bullish momentum. 💎 As always in the fast-paced world of crypto, being informed and ready to adapt is crucial. Stay tuned for more updates and enjoy your time trading with #MyCryptoParadise!
Long
by MyCryptoParadise_Nathan
2
Need to check if it can be supported around 0.07679-0.07760Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (TRXUSDT chart) The key is whether it can get support around 0.07679-0.07760 and rise above 0.08051. If not, and it goes down, 1st: 0.07288-0.07192 2nd: 0.06427-0.07025 You need to make sure that it is supported in the vicinity of the 1st and 2nd above. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto