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TRON / TetherUS

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TRXUSDT trade ideas

TRXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for TRXUSDT In the current chat, we have R2 as a resistance line and shows the unsuccessful attempts of the price in order to rise. R1 used to be a support line and it includes the support of the price at several points. And S1 is our support line which is showing the support of the price at some points. Now the price is fluctuating below R1 and we believe it will have a pull back to this line and then will fall to S1. So we consider a short position for our chart and we expect a good profit in the near future. If the price moves over R1 and fixes there, then we will wait for more rise in it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
2
Should Tron really be bullish right now?I have been questioning the bullish moves of TRX for the past few months. This is my first post and I'd like to share my thoughts with the community: TRX has been bullish all year making higher lows, while BTC and other alts have been falling. The project is now Top 15 in terms of market cap, but is this rapid growth really well deserved? USDD may have already been de-pegged, perhaps we are too scared to admit it yet. Tron DAO team is injecting liquidity but that's essentially fighting against the market, is that sustainable? Unless they have infinite money..? Perhaps it is time to enter a small short position. If BTC continues to fall, at some point TRX would also show a trend reversal from bull to bear. Tron DAO team has a lot more money than us so be prepared to get stopped out!
Short
by emotionlesstrade
1
TRX/USDT Short-term tradeHey guys We are monitoring TRX. We see a short-term opportunity for this coin to short! It broke down from triangle formation and now is forming some sort of Flag pattern but the volume is way to low so we see a breakdown from here again. We are targeting $0.05 with Stop at $0.065. Let's see where this market will lead us! 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
8
Tron Hits New All-Time Low, Over 170% Growth Now Possible!Just yesterday Tron (TRXUSDT) hit a new All-Time Low. This low hit basically at the same level as back in June 2021. June 2021's low was set at 0.04651 and was followed by a 160% bullish wave. June 2022's low was set at 0.04604 and we are likely to see a strong bullish wave follow. Remember our famous saying... Once we reach bottom, the only place left to go is up. Tron just hit rock bottom... It is time to WAKE UP & GROW! Namaste.
Long
by AlanSantana
5
Tron TRX - Bad NewsHey Guys and Gurls! Hope you're having a great day! It's sunny in Incheon, but there are some dark clouds in the Tron-verse... Justin Sun is reportedly withdrawing millions or billions of TRX...: JUST IN: Tron withdraws 948 million #TRX ($48M) from Binance "to safeguard the blockchain industry and crypto market." -From WatcherGuru tweet Also this article: watcher.guru TRX is pretty surely going downward, so we can trade the pullbacks on the way down, and take profits on the "breakdowns".. However you feel confident to trade. I try to make sure I only go short when stochastic RSI is overbought, on higher and shorter timeframes. (higher most important, but timeframe depends on your leverage... Higher leverage requires higher "sniper"-accuracy in the entry price. Okay, enough for now, Good luck, and God bless! :) -Thomchris777
Short
by thomchris777
2