TRX 1H shortSetup: As BTC is having no signs of reversal currently, it is time to take advantage of this window and short some coins. TRX is one of them. TRX is bearish on 1h, 4h and daily timeframe, increasing the probability of success for this trade. It also breakdown from its daily support.
Entry: We will wait for a macd to cross up and then cross down again before we enter the trade. This will be ideally the 1 h 20 EMA
SL: We will trail using 1 ATR above the 50 EMA
TP: The next daily support at 0.0563975
TRX
[Medium term] Bitcoin swing perspective 4H trading strategy ideaThe current downtrend is ongoing and the $35000 level is open.
However, reaching the key support price gives you another trading strategy for buying.
For the target area, it is desirable to take (#TP1: fixed return) from the $45000 base, which served as the previous support level.
After that, we recommend that you trade in the direction of minimizing losses as much as possible by setting the main price of the stop.
Once again, it is open up to 35000$, and it is a good trading method to respond between 35000~40000$ as a split purchase.
Also, Bitcoin Dominance is currently showing a big rebound from the lower end.
This can lead to large fluctuations in Bitcoin alone and other altcoins to show further declines or consolidation.
See the trading ideas for a trading strategy
#Bitcoin Swing Perspective 4H Trading Strategy
#Entry = 41000$
Primary (#TP1) = +10.7% 45500$
2nd (#TP2) = +22.5% 50300$
Stop Loss (#SL) = -4.8% 38947$
Same purchase of major alts (up to 30th in market cap) / Same view of buying other minor alts
#Set period (Jan. 06 ~ March 31, 22 = Maintain trading strategy for 3 months)
-> The trading strategy is maintained until the trade closes in the medium term.
-> It is a trading position where you can return to a large return beyond the previous loss.
-> The overall direction is a buying point of view, and after a purchase transaction within a short frame, when the price falls after realizing a profit, the strategy is taken only for the purchase transaction.
(Sell position emphasizes risk)
RAY TRADING
Markets market and markets cracked, monetary monetary trading and investing in markets.
In addition, operation (ENTRY, TP, SLH shipping)
absolute balance
* You've talked about everything.
TRXUSDT-LONGBased on technical factors there is a long position in TRXUSDT Tron
TRXUSDT Tron
Score 1️⃣
🔵Long Now or set on Key Level 0.07600
🟢Target 1 0.07780
🟢Target 2 0.07970
❌Stop loss 0.07550
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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LONG TRXUSDT | Risk / Reward: 3 This will only be a technical analysis.
The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position.
Furthermore the RSI is pretty low, this comfort a long trade signal.
Position settings
Entry Price: 0.07717
Target Profit: 0.09761
Stop Loss: 0.07035
Potential Profit: 26.49%
Ratio Risk / Reward: 3
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price.
$TRON $TRX
TRX/BTC 1DAY UPDATEWelcome to this quick
TRX/BTC analysis update
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-TRX/BTC is triangle pattern conform and retest triangle and buy the dip. and long term hold
Entry:- CMP And buy the dip in the green zone
Target:- 50% to 75%
Stop loss:- 0.00000149
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
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Is Tron on the edge of making a big move?TRC20, a protocol based on Tron, is being used frequently by cryptocurrency activists because of the very low fees on the transactions. Meanwhile, Tron didn't have any significant move in the last 2 years. On the weekly chart in pair with bitcoin Tron has developed a symmetrical triangle. If it breaks out of the triangle upward it can make a leg up to 0.000007. The next targets for bullish scenario are 0.00002047 and 0.00005759.