TRX - descending Chanel Resistance hey guys this is my idea about TRXusdt the price is getting close to descending channel resistance and more likely it will get rejected like before
TRXUSDT.P trade ideas
tronIt is not a buying and selling signal and it is a personal analysis. Any buying and selling is the responsibility of the trader
strategy test 00012A clear short opportunity for me.
Let's see what happen.
If you like my strategy please comment down below what you think about it!
to the 100!!
TRX/USDT 1HR TRX/USDT 1HR
TRX has rejected zones between 0.07108 and 0.07156 twice and has been in a descending channel ever since. Its currently retesting support and is holding and has just broken 1hr market structure. BOS ( BREAK OF STRUCTURE )
Looking for a retest of support and holding before taking a trade back up to current resistant's.
This is going going to depend weather or not Btc stays moving in a upwards direction.
Tron #TRX Idea 4 August 2022Sqaures represent conservative price target and when they are likely to be hit while circles represent most bullish price targets and time frame
TRXUSDT |Coin Review| Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Let's analyze the tron coin today
📌At the moment, the asset is at the stage of consolidation, after a strong strait, the price was quickly bought back and is now held in the range of $0.6990
📌It is also worth noting that a large fund called SEED Venture Capital has recently invested in the project, and this fund also invests in projects such as NEO, ZIL, CND, XRP
📌I think if large funds continue to invest in such projects, then it makes sense to buy these coins in your investment portfolio.
What do you think about this, will there be a breakthrough to the zone of local resistance in the near future?
Possible Bullish ReversalTRXUSDT has formed a double bottom pattern on the 15min timeframe and the price has broken out of the neckline. If this level holds, we could see a price rally towards the nearest swing high in the next few hours.
NFA
TRXUSDT is testing the supportThe price is testing the daily resistance, where the market got rejections.
At the moment the price is testing the 0.5 Fibonacci level as local support
How to approach it?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
TRX Could Develop a Downtrend - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Summary
First I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings.
❹ Operational Information
• Entry price: 0.07044
• StopLoss: 0.07202 (Loss 2.24%)
• TakeProfit Minimum: 0.06886 (Win 2.24%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
TRXUSDT Elliott Waves Analysis (Global Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
It is quite possible that we're still in triangle Global Wave of (IV).
Cancellation of scenario - consolidation under ~0.044.
Stop: ~0.42
Main target zone: 0.3 - 0.35
Risk/Reward: 1 to ~20
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the present chart, we have R2 that used to a support area. R2 is our resistance line and the disability of the price to rise is shown. And S1 and S2 are the support areas which include the support of the price at several points since the past. Presently, the price is fluctuating in R1 area and we must wait for it to leave the area. Thus we will have two scenarios for it. Either it will rise over R1 and by giving a fixation and receiving some confirmation candles, we expect more rise or it toward R2. Or it is possible to fall below R1 and then have more decline to S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TRXUSDTHello my dear friends
The triangle pattern is very cleanly formed in the higher time frames.
If the current trend is below the price range of $0.0592, the possibility of forming a downward trend similar to the drawn scenario is not out of mind.
But if the current trend is above the price range of $0.07893, there is a possibility of forming an upward trend similar to the drawn scenario.
According to the momentum of the current trend, the possibility of forming the first scenario (downtrend) is more likely.
We would be happy to hear your comments.
TRON setup in 1 Look! TRXUSDT Update 📈📉Hello traders, what's going on today ?!
Since 21 FEB 2022, that I posted the last analysis
for trxusdt , TRON has continued to fluctuate in a symyrycal triangle till now . (more than 30%💰 (1x)short).
Also today as you see in the weekly timeframe for trxusdt , it can continue to fluctuate more , then finally will breakout this great triangle pattern ,which typically a strong bullish pattern , but at the current situation due to uncertainty about the future , I' not sure that it can massively rise or may fall again after any breakout
but I know where more likely the price action have a reaction , thus for any possible scenario I already have a proper setup with a favorable R:R ,that can be triggered automatically !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Descending Triangle on TRX/USDTTriangle patterns are most commonly applied on daily charts and interpreted over a period of several months. For example, strong triangle patterns on a daily chart require a prior trend that is at least a few months old and typically develops for several months before a breakout occurs
TRXThe price forms a falling channel. A falling trend line is a strong resistance level. A possible price movement scenario is indicated
⚡️ #TRX/USDT - SHORT - #SCALP ⚡️⚡️ #TRX/USDT - SHORT - #SCALP ⚡️
Risk
-Medium
Entry Conditions:
- Broken Key Support and Retesting
- Immediate Bearish Divergence
- McFly Scalp Alert
News Source:
- N/A
Entry: $ 0.06384
Take Profit 1: $0.06317
Take Profit 2: $0.06256
Stop-Loss: $ 0.06448
#SCALP
TRON (TRX) - July 26Hello?
Welcome, traders.
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Have a good day.
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(TRXUSDT 1W Chart)
If it finds support at the 0.06034-0.06427 range, I expect it to lead to further upside.
If it falls in the range of 0.04562-0.04736, Stop Loss is required to preserve profit and loss.
This should be done in order to secure cash for new opportunities.
(1D chart)
Primary resistance: 0.07451-0.07679
Secondary resistance: 0.08631
1st support: 0.06034-0.06427
2nd support: 0.04562-0.04736
When the Stoch RSI moves out of the oversold zone, you need to check where support and resistance are found.
On the CCI-C indicator, you need to check whether the CCI line can rise above the zero point and above the EMA line.
Referencing the Stoch RSI indicator for short-term trading allows you to objectively see the flow.
However, since the extent of fluctuation is unknown, it gives you time to react to short-term fluctuations.
Currently, the Stoch RSI indicator is located in the oversold zone, so you can think ahead that it will rise if it breaks out of the oversold zone.
As mentioned above, the range of fluctuations is unknown, so you need to check where you are currently receiving support and resistance and respond accordingly.
Proceeding with a trade thinking that it will rise or fall at this point in your own subjective opinion will make it impossible to establish a standard to respond to.
Therefore, it is recommended to prepare objective standards by using indicators that have been widely used in the past.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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TRX Tron short Entry Range, Take Profits and Stop LossTRX/USDT short
Entry Range: $0.063 - 0.070
Price Target 1: $0.060
Price Target 2: $0.057
Price Target 3: $0.052
Stop Loss: $0.073
another short chart
TRXUSD ❕ downward channelTron is moving in a downward channel within the liquidity zone.
Trading volumes and volatility decreased.
The current TRX movement is so passive that I expect the price movement to continue within the channel. Therefore, I will open a short after fixing in the channel.
