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TRON / TetherUS PERPETUAL CONTRACT

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TRXUSDT.P trade ideas

Here I buy TRON at $0.13While your eyes are frozen only on bitcoin lately I was looking for another altcoin to buy today (preferably a high cap) and I liked this one: $TRON. So I'm slowly loading my bags here at $0.13 while everyone is only watching bitcoin. You know, I've already worked on bitcoin, I longed it down there twice at 32k and 36k, the fomo started there like I said and till now it's still here being fomoed. But now it's time to let go and move on. What happens to it from now on doesn't interest me anymore until I open another trade on it. That's why I'm going to get this blockchain off the ground. Now hit the laugh reaction so I can laugh at you ahead. See you up there.
Long
by btcbullshark
TRX/USDT Trading Scenario: TRX Accumulation We are considering the scenarios of TRX development and initiating purchases of the asset. Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of the asset during this period. It is also worth noting that while the price of BTC is decreasing, this asset continues to show stable growth. This may indicate its strong position and potential for further growth, despite the overall market direction. However, given the current market scenario, there is a possibility of a correction in the price of the asset along with the overall market movement. We are considering the possibility of entering a position on the TRX correction. We plan to start accumulating a position when the price reaches around $0.10528 and consolidates above this level. If the price declines to the sloping trendline at approximately $0.09689, we might also consider adding to the position. This approach is based on the desire to enter a position at an optimal level that will support our risk management strategy and increase the potential profitability of the trade.
by Rick_SimpleSwap
TRX ANALYSIS🔮 #TRX Analysis - Breakout Trading 🌟🚀 #TRX was trading in a "Cup and Handle Pattern" and here we can see that #TRX gave a great breakout. We can see a bullish move immediately or after a retest of neckline 📊📊 🔖 Current Price: $0.11728 ⏳️ Target Price:    $0.15096 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #TRX #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
2
✴️ Tron | Is The Top In? Went SHORT This Morning...Tron has been growing since November 2022, together with Bitcoin and most of the Cryptocurrency market. Total growth to 14-Jan 2024 amounts to 160%... I am wondering, is this the top? Because if it is it can mean that Bitcoin's top might also be in and what follows next is the down wave. Here is the major ascending channel with more than a year of sustained growth: Let's follow by giving this chart a closer look and see if there are signals pointing to a market top. As we zoom in (main chart above), easy to see that the rise stops completely on January 14. Notice that the day closed red and the price level hit is the same as back in December 2021 (not shown here). This is not a major signal by its own but today we have a lower high and I can see prices starting to drop. The week is also about to end, which would confirm a daily and weekly lower high after major growth. Then we have the RSI, with bearish divergence more than two months long. The RSI peaked in November 2023 while TRXUSDT continued to grow. Regardless if we are right or wrong, this is a great setup -perfect timing- for a short. Very low risk (tight stop-loss), great potential on the way down. Thanks a lot for your continued support. Namaste.
Short
by AlanSantana
2