TRX/USDT - Potential 68% setupHello, traders
Tron has entered the main trading range of $0.02775-0.03225
The project does not lag behind Defi hype and prepares its releases. Potential growth from the current price could be 68%
At the moment the price is being held before the exit level of $ 0.03225, so the entrance can be divided into two parts:
1) the first part in the $0.02900-0.03100 range
2) the second part in the range of $0.03225-$0.03345 after the price passes the level of $0.03225
We can place SL: at $0.02664
Target price levels would be:
$0.03575
$0.03955
$0.04400
$0.05000
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but only trade I would be following myself
Tronusd
TRON will go up but slowlyHi guys, TRON is fundamentally fragile lately, but don't believe the news.. it's powerful and will struggle but eventually win to go up..
unfortunately, as it goes higher, it gets less and less tradable.
be mindful about bitcoin not to fall, cuz trx is a bit sensitive to btc moves.
TRON - Running into trouble? 😿Starts to smell like Ripple, unfortunately. It is clearly failing to fly and a third attempt to test the support is now highly likely to happen.
I am out of Tron for now until either a rise happens next and it gains some momentum or the support is checked and confirmed for a new flight.
Why does it smell like Ripple?
Well first Tron has some marketing/bonus things going on (can;t bother to look for too much detail but it sounds cheesy)
and now this news:
'Tron and BitTorrent drop by approximately 10% as Justin Sun, the Tron crypto-founder, addresses rumors about regulatory proceedings from China and the US'.
In other words: I'm out for now, see you and buy you a bit later Tron 👋💁♂️
TRXUSDT (Waiting for the Resistance Breakout) #TRXUSDT Technical Analysis Update
Resistance Breakout
TRX/USDT currently trading at $0.0278
LONG ENTRY level: Above 0.02800 (only enter long if 4 h candle closes above 0.0280)
STOP LOSS: below 0.0263
Target 1: $0.0300
Target 2 :$0.0321
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Weekly Bullish Watchlist 2Potential continuation patterns:
Ethereum Classic,
ARPA Chain,
DASH,
TRON.
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and are therefore are unqualified to give investment recommendations.
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This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
TRXUSDT(Resistance line Breakout)#TRXUSDT Technical Analysis Update
Resistance line Breakout
TRX/USDT currently trading at $0.0295
LONG ENTRY Level: 0.02895 to 0.02950
STOP LOSS: below $0.02800
Resistance level 1 (Target 1) :$0.03100
Resistance level 2 (Target 2): $0.031200
Resistance Level 3(Target 3): $0.03430
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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TRXUSDT - Break out trend linePreconditions:
- Global trend up
- Local trend up
- Pressure key level
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
Expecting Sideway For TRON (TRX/BTC)Downtrend still continues for TRON.
Bollinger Band clearly confirms it.
For the next couple of days (maybe weeks),
I expect to see some sideway movement between 160-210 sats.
In any circumstances, 150 sats is its last support level.
Trade carefully in these days.
What do you think? Any comment? 👇👇👇