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TRONUSD trade ideas

TRX ends bullish run after 7 percent riseTron price analysis shows bearish signs once again as price gave away upper momentum to fall prey to bears. TRX endured a 2 percent decrement over the past 24 hours, after rising more than 7 percent over the past 2 days to form promising signs. Price has faced multiple rejections around the $0.06 mark during the current month and looked to be heading past that resistance zone during yesterday’s upswing. However, similar to the decline within the larger cryptocurrency market, TRX ceded momentum as bearish momentum took over today. TRX trading volume rose around 2 percent while market capitalization fell 2 percent as well, to confirm a bearish outlook.
BINANCE:TRXUSDLong
by henryartem
TRX/USD: I will hold this swing positionTron showing up an interesting opportunity to make a swing trading. We forming this kind of harmonic pattern called bullish butterfly. So guys, you can to buy Tron cryptocurrency in the market price, the SL will be around $0.05 cents and target to $0.10 cents. This will be a risk/benefit 1:2. It's good proportion, but remember, this it's a swing trading strategy for who want to hold cryptocurrency to get earns by long term. We have a nice potential to get 50% of profit, but in case that Tron continue strenghten, I can to keep this position to $1 dollar included and I will pass this strategy to long term position.
BINANCE:TRXUSDLong
by harisonhbn9718
TRON Grand Hackathon 2022 WINNERSTRON Grand Hackathon 2022 announced the winners of its Season 1 event. The panel of judges, which consists of eminent industry leaders, said they were pleased with the projects they received this season. They already await Season 2, where registration will begin on May 16, 2022. Running from March 8 to March 11, Season 1 amassed over 120 submissions, all vying for the aggregate prize money of $500M spread between four tracks, Web 3.0, NFT, GameFi, and DeFi. Season 1 Winners In the GameFi Track, the winner is TronNinja Arcade by the TronNinja Team. TronNinja is an NFT GameFi project on the TRON blockchain where users will be able to use their NFTs as characters in-game while earning in-game tokens. Their goal is to bring back the social aspect that arcades had. In the Web3 track, the winner is dCloud by Cctechmx. Their mission is to create an Open Source Web3 Cloud storage mobile app enabling its own ecosystem to enjoy a self-sustainable and shared economy.
KRAKEN:TRXUSDLong
by spidgoastanid
TRON Could Test 5.5 cents before going to $10+ next yearWave-B has formed into a double combination which are normally retraced 80%. Wave-E from beginning to end should also be related to wave-C by 61.8% in price, and C+D in time. This leaves us with a target of 5.5 cents for TRX, which could happen around February or March. Following this correction we should see an explosive rally which will take TRX well above all time highs because this will be the actual end of the 4 year bear market pattern. It could go higher than $10 next year and then even higher in the following year. Positive regulations from the US will be a major driver of crypto prices next year as new institutional money starts entering because of regulatory clarity. High inflation will also be a major driver of higher prices in later 2022.
BINANCE:TRXUSDShort
by Intuit
29
TRON UPDATEUkraine has a sizable pool of software developers ready to break into the blockchain technology space. Last year, Dutch IT company Daxx ranked Ukraine as the most desirable country for information technology outsourcing and the No. 1 in the world for hiring programmers. Ukraine processes more cryptocurrency transactions per day than it does in its domestic currency, the hryvnia, a 2021 report by The New York Times shows. $8 Billion In Crypto Enters Ukraine Annually According to The Times’ report, more than $150 million worth of cryptocurrency is traded in Ukraine everyday, and approximately $8 billion worth of cryptocurrency enters and departs the country each year. Ukraine’s parliament enacted laws legalizing cryptocurrencies last week, laying the groundwork for a regulatory framework to effectively oversee the flow of digital assets such as Bitcoin. Ukraine’s policymakers are optimistic that the new law and its crypto adoption would draw additional international investment into the country’s developing crypto economy, however frictions — and now a full-scale war – with Russia looks to dampen financial inflows.
KRAKEN:TRXUSDLong
by ropsozibanc
1
TRX - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart TRX is sitting around strong support in green so we will be looking for buy setups on lower timeframes. DAILY: Left Chart TRX is forming an inverse head and shoulders pattern but it is not ready to go yet. Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, TRX would be overall bearish can still trade lower inside the green support. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:TRXUSDLong
by TheSignalyst
23
TRX/USDT - Potential 183% SetupHello Traders! TRX demonstrates the continuation of the correction phase, completing the previous cycle. It's better to form a medium-term position by buying from support levels of $0.0495, $0.0430, $0.0370. It will be necessary to close the position in case of price fall under the level of $0.0240. The profit taking targets within the medium term by the levels of $0.0830 $0.0930 $0.1050 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:TRXUSDLong
by UnknownUnicorn10064030