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TRON / TetherUS PERPETUAL CONTRACT

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TRXUSDT.P trade ideas

TRX: Overbought at ResistanceTRON (TRX) technical analysis: Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.058 (previous resistance), then $0.050. The nearest Resistance Zone is $0.065, then $0.070.
Long
by altFINS
TRON: Price Should Begin The Correction SoonTRON: Price Should Begin The Correction Soon As we can see the price stopped the bullish move for the time being after the crypto optimism. Was this move too optimistic? it could be too optimistic, however, the market wants to trade as it was in silence for a long period of time. However, testing these areas at a time when the crypto market is not solid yet is a bit risky for us to anticipate the next bullish wave. We have to wait again...what comes fast...most of the time goes away faster. Thank you and Good Luck!
by KlejdiCuni
9
Who wants to 10X their capital with TRX ?hello guys... as you can see on the TRX chart, it has formed a descending triangle on an upward trend, 3 times touched the bottom line and 4 times the top line touched, wining upward movement so far :)) but be patient until the top line breaks up after that you can get a long position until $0.29 and if you are so greedy hold it until $0.69. if the price breaks up the bottom line, get a short position. note: if the price breaks up from the end of the pattern makes it invalid. always do your own research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comments.
by melikatrader94
16
TRX - Tron is Ready to Breakout of a 2 Year Bullish Pennant!You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently repeating the same exit pattern it had back in 2021. If Tron breaks out, buckle your seat belts and HODL on tight! I'm long here.
Long
by jpbrown1023
2
TRX/USDT Might go for breakdownHey traders ✌️ Next one we would like to talk about is going to be TRX/USDT pair. Well we are looking this one on 1hr scale with bearish outcome as we are waiting for that breakdown from this small trend that has formed. So let's wait out for that CPI data to be released an see what we will get here If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowPremium
14