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TRX

TRX Tron Technical Analysis and Trade Idea PLUS My Trading Plan In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
Short
by tradingwithanthony
6
Touching the HA-Low indicator means...Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (TRXUSDT 1M chart) It appears that a new HA-High indicator is about to be created. Accordingly, we need to check whether the HA-High indicator is generated at the 0.10447 point. If the HA-High indicator is created at the 0.10447 point, the key is whether it can be supported and rise around that area. (1W chart) The key is whether the price can be maintained by receiving support in the current section and rising above 0.13052. If not, and it falls below 0.786 (0.11732), it is likely to fall to around 0.618 (0.10288). If it falls like that, there is a high possibility that it will turn into a downward trend, so you need to think about ways to respond to the decline. (1D chart) The HA-Low indicator was first touched on August 20, 2023, and then again on March 21, 2024. Accordingly, the key is whether it can be supported and rise around 0.12002, which is the point where the HA-Low indicator is currently formed. The HA-Low indicator is an indicator that indicates the boundary of the low point section. Accordingly, support from the HA-Low indicator can be said to mean that a bottom section is forming. If it falls below the HA-Low indicator, it means that the low point is renewed, and a cascading decline is likely to continue. Therefore, a trading strategy should be created depending on whether support or resistance is found around 0.12002, which is the currently formed HA-Low indicator point. Since the MS-Signal indicator is formed around 0.12296, the key is whether it can rise above 0.12296. If that happens, there is a high possibility that it will rise near the HA-High indicator, so there is a possibility that it will rise to around 0.13997, which is the point where the HA-High indicator is currently formed. However, as the price rises, there is a possibility that a new HA-High indicator will be created, so if a new HA-High indicator is created, support must be received near it to continue the upward trend. TRX is one of the coins that is expanding the coin ecosystem. I think it will be a good textbook for expanding the coin ecosystem I selected and understanding the trend as the first coin to touch the HA-Low indicator. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
TRXUSDT Downtrend Breakout & signs of continued uptrendTrading Setup: There is a Trading Signal to Buy in TRXUSDT Tron Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.1160 ⭕️SL @ 0.1090 🔵TP1 @ 0.1333 🔵TP2 @ 0.1420 🔵TP3 @ 0.1690 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
4
TRX- USDT...HINT- Ticking Bomb! 💣🔥 23/03/24With ENTRY area @ 0.12050 or around it is not too late to "jump in". TP @ 0.13634 or around... WARNING ⚠️: TREAT COUTIOUS, COS IT IS A "TICKING BOMB"! It can make a "crazy" dance all over chart before going to hit TP! Don't gamble & properly trade only....! It was done using purely technical analysis only... & only...😁 PS: not able to post many more trades, which one in the progress or just endup in profit , cos of lack spare time , sorry....over incoming weekend I will try to share majority of them .. Live Long & Prosper!🖖
by G-money2022
TRX Achieves Third Target with a 74% Surge! 🚀🚀 Exciting news for TRX enthusiasts! The TRX cryptocurrency has successfully hit its third target, experiencing a remarkable 74% surge. The current price stands at an impressive $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for substantial gains. Stay tuned for further market insights and potential opportunities in this dynamic digital currency landscape. #TRX #CryptoSuccess
Long
by SafeCryptoSignals
3
Trading Signal For TRXUSDT Trading Setup: There is a Trading Signal to Buy in TRXUSDT Tron (h4) (futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.136 ⭕️SL @ 0.129 🔵TP1 @ 0.155 🔵TP2 @ 0.169 🔵TP3 @ 0.195 previous idea What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
11
Why +208% on TRX is an underestimation ?#TRX/USDT Analysis Description --------------------------------------------------------------- + TRX has been moving upwards slowly while forming the cup pattern. + This slow move of the TRX has given it enough time for the accumulation + Once the price breaks this resistance line i'm expecting back to back God Candles. + This is a good opportunity to enter a LONG position with TRX. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.13866 Stop Loss: Below 0.09780 ------------------------------ Target 1: 0.17930 Target 2: 0.22480 Target 3: 0.30028 Target 4: 0.43250 ------------------------------ Timeframe: 1W Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
6
TRON (TRX) showing a strong uptrenddaily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis. TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory (above 70), indicates strong buying momentum. The Moving Average Convergence Divergence (MACD) is also in bullish alignment, with the MACD line above the signal line and both residing above the zero line, further reinforcing the strength of the current uptrend. Looking at the Smart Money Concepts (SMC) indicators such as Break of Structure (BOS) and Change of Character (Choch), there have been significant shifts in market structure indicating potential smart money activity. The BOS markers preceding strong directional moves suggest that institutional money may have been a driving force behind these price changes. Fibonacci retracement levels show that the price has surpassed the 0.618 level, which in many cases acts as a resistance turned support level. This could indicate that if a retracement were to occur, the price might find strong support at or above this Fibonacci level. The Volume Profile Visible Range (VPRV) indicates that there is a substantial trading interest at lower price levels, suggesting that if a retracement were to happen, these levels could act as potential areas of demand. A potential harmonic pattern can also be identified, with the price trajectory suggesting a completion near the 0.786 retracement level. This pattern often signifies a reversal point, and as such, could indicate that the current uptrend may experience a reversal or significant retracement upon completion of the pattern. From a smart money perspective, traders would be observing these levels and patterns to align their entries and exits with the anticipated institutional movements. The alignment of strong technical indicators with smart money concepts presents a compelling narrative for the current and future price action of TRON. Traders should closely monitor how the price reacts upon reaching significant Fibonacci levels and harmonic pattern completion, as well as any signs of weakening momentum or trend reversal indicated by the RSI and MACD, to make informed trading decisions.
Long
by CryptoDiabloo
1