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TRON / TetherUS PERPETUAL CONTRACT

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TRXUSDT.P trade ideas

Tron ($TRX) Exhibiting Strong Growth Potential TRX buyers have been quite active, causing the cryptocurrency to test the resistance zone of $0.110-$0.113 on three occasions since November 8, as it tries to break through this range and set a new yearly high. Currently, there's a noticeable reduction in TRX's volatility, making it likely to see short-term trading within a flat range, specifically between support levels of $0.100 and $0.106. The potential for the TRX growth still exists as long as BTC remains trading above the $31,000 threshold. A correction in TRX's trajectory is not expected to lead to significantly negative outcomes. If there is a decline, Tron might retest the support levels at $0.095-$0.097, $0.0935, and $0.0885-$0.0905. Given its robust upward trend, TRX is viewed as a viable addition to portfolios, particularly during periods of BTC correction.
Long
by DEXWireNews
TRX/USDT Ready for an Explosive Journey? 👀🚀TRX Analysis💎Yello, Paradisers! brace yourselves for an exciting trading prospect with TRXUSDT. Currently, the asset is displaying substantial activity in the demand zone, hinting at a likely upward trend shift. 💎Tron has been consistently adhering to a trading channel pattern. Its breakout above this channel recently indicates a potential ascent towards a resistance level, followed by an expected quick retraction, consistent with its typical trading behavior. 💎There's a notable probability of a bullish movement commencing from the support level around $0.098. With TRX having successfully emerged from the trading channel upwards, it's now eyeing resistance levels near $0.12. 💎Effective timing is crucial for savvy Paradisers. It's important to identify the optimal entry points during this upward movement, and it's advisable to be cautious about entering at the peak of the trend. 💎Exercise caution, as there's a possibility of TRX dropping below the support level of $0.094. A fall beneath this crucial mark could lead to questions regarding the continuation of the upward trend.
Long
by MyCryptoParadise_Simon
2
TRX Ready for Parabolic Bullish Cycle ⬆BINANCE:TRXUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and is starting a new bullish cycle. From the left we analyze the trend lines to get targets for the next bullrun and on the right we take a quick look at technical indicator CryptoCheck START V3.5 to confirm the bullish bias. INCASE YOU MISSED IT : 👉 Another altcoin recently formed a bullish pattern: _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
38
One step forward and then correction📊 You can see the general analysis and trend of the Tron currency in the photo, this currency was analyzed before and we saw its growth exactly from the bottom of the specified channel. 🕰 Time 4 hours: 📊 With the failure of Medline, we see a good growth of this currency. ⚠️ But this growth indicates a correction! This correction may continue until the midline of the channel, which is 3% lower at the price of 0.08014. But considering its growth up to the green range, which is the beginning of the resistance range, it may grow ♨️ The strength is growing and it is possible that it will grow up to the ceiling of the channel, i.e. the price of 0.08500, and then we will witness the fall of this currency to the said support.
Long
by karaco2022
2
TRXUSDT Weekly TimeframeHello, Hope you all doing well well ! Lets analyse the TRX on Weekly timeframe for a long term investment. :) It seems that price is making a triangle with 5 waves ABCDE. According to "fib time zone" tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart. Don't forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap. 3/23/2022 **This analysis is not an incentive to buy or sell and is purely educational.**
Long
by sahandm99
✴️ Tron, The Eternal Uptrend | Where Does It End?One of the most reliable signals is defined by sustained growth. ➖ When a Cryptocurrency trading pair moves up too fast, a sudden jump in prices, we normally see an inverse reaction as a strong correction. Big swings and strong fluctuations, hard to predict. ➖ When a Cryptocurrency trading pair creeps up slowly but surely, day after day, week after week, month after month, maximum strength is confirmed and retraces and corrections tend to be small. ➖ Tron (TRXUSDT) has been growing steadily since November 2022 and all the charts signals are pointing towards additional growth. Where does it end? It is hard to say, we have a bullish year ahead, so it can continue rising all through 2024 and beyond... 👉 The next targets though are easy to map, they can be seen on the chart. There is potential for 100% more in the coming months. Tron has been moving within a never-ending uptrend... We love it. Let it grow! Namaste.
Long
by AlanSantana
TRX flight is not over yet!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, another coin for your TRX feed, which looks like a continuation of the upward movement.. You can try to act with the current ones with a little good below. Deal plan: Entry - 0.10837/0.10103$ Stop - $0.8938 Take - $0.13 Guys, follow risk management, this is, first of all, an altcoin that can show high volatility in the moment!
Long
by DanilBlinkov
Tron TRX price knows how to surprise with its "maneuvers"The TRXUSDT price often moves differently from the rest of the market. This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time. So, the other day, the TRXUSD price hit a strong mirror level of $0.09. Now TRX price is undergoing a correction. If you believe that Tron's growth trend has not yet reached its culmination and will continue to move in a similar manner to 2020, then buying TRX closer to $0.072 is for you. However, if the TRXUSDT price consolidates below $0.068, the decline may continue, at least to the range of $0.052-0.055 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
42
Is TRON leading the market? When will market crash?Tron has shown extreme relative strength in down market Tron held up relatively very well. It fell less than ever bitcoin this bear market. That is a strong indication of relative demand. Important to keep in mind that not only was it relatively strong from a technical standpoint, fundamentally its users/fees was extremely relatively high. It looks like one of the biggest value plays in crypto and its moving as such. Keep an eye on USDT for when market crashes If USDT starts to drop then we can see cash being pulled out of the system rather than just cycling thru to either BTC or ETH (or TRX?) or TOTAL3. The rotation of capital is a nice cycle but it does always lead to eventually a net redemption of stablecoins as capital rotates out entirely to book profits and look to other markets (bonds/commodities/equities). Keep an eye on USDT for this moment!
by SoftQuant
2
TRON swing trade longTron had one of the best relative strengths this year compared to the whole crypto market. Recently it broke the ascending channel and retested it within the same zone at a bigger Fibonacci level. Here we can see the bigger picture at weekly timeframe. A 2 RR is determined for the trade. Although it is near the resistance, but the support seems good enough to take the risk. Bitcoin is not showing any weakness either & US Bond market showed few big red candles last week too. Take profit target can be extended with proper trailing stop loss. Entry: 0.09921$ Stop Loss: 0.09660$ Take Profit: 0.10442$
Long
by NoaTrader
TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area. On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect. If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
Short
by ahmadarz