TRXUSDT.PTRXUSDT.P is in bullish trend.
Potentially printing HH and HL.
No sign of reversal here buyers are strongly active.
We buy at CMP.
TRXUSDT.P trade ideas
TRX - Slow and easy trade#TRX/USDT #Analysis
Description
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+ Price has hit the support line and successfully bounced back from it with a long wick.
+ Overall trend is looking strong and we can expect the price to hit the next resistance line
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VectorAlgo Trade Details
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Entry Price: 0.1262
Stop Loss: 0.1156
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Target 1: 0.1298
Target 2: 0.1333
Target 3: 0.1391
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Lingrid | TRXUSDT level REJECTION. Opportunity to BUYThe price perfectly fulfilled my last idea. BINANCE:TRXUSDT has pulled back after forming a double top pattern. Recently, the market bounced off the 61.8% Fibonacci retracement level, indicating potential support. A rejection candle with a wick suggests that buyers are stepping in at this level. The area between 12 and 12.5 has been respected in the past, with multiple bounces occurring there. If we zoom out, it's clear that the price has been creating a triangle pattern, which indicates prolonged consolidation as it has struggled to break above its highs since February. The recent rebound from the bottom of the triangle suggests the possibility of a retest of the upper boundary of this pattern. This could lead to either a breakout to the upside or a continuation of the consolidation, depending on market sentiment. Observing how the price reacts at the triangle's upper resistance will be crucial for assessing the next move. My target is resistance zone at 0.1325
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Tron (TRX): Possible Sell Off Incoming!Tron coin is showing us a similar pattern to form here, where after each sell, we had nice bullish momentum yet again followed by a sell-off.
So here we are seeing another bout of buying pressure and a slight sign of weakness as well, possibly starting another sell-off movement.
Swallow Team
Rebounding from the support levelTRON is currently rebounding from the support level, but the upcoming resistance levels could hinder further price growth. Examining these key levels can provide a better understanding of future market behavior.
Support Levels:
$0.1190 Level: This level acted as initial support and the price has rebounded from it.
$0.1120 Level: The second support level, acting as a stronger backup.
Resistance Levels:
$0.1260 Level: This level acts as the first resistance and might prevent further price growth.
$0.1300 Level: The second resistance level, breaking which could indicate a trend change.
$0.1370 Level: The final resistance level, reaching which could confirm a new upward trend.
Tron (TRX): Looking For Tron has had a nice rejection from the upper resistance zone, where we are now looking for further movement to the lower zones.
And as you all know, our favourite EMAs need to be broken in order for us to see the last contraction of downward movement so eyes open here!
Swallow Team
TRX Ticking time bombShorting TRX created a displacement along with breaking Market structure. Went back up into the OB and swept buy side liquidity. Expecting it to now fall to catch side liquidity
Tron (TRX): Back At Crucial Zone of 200EMATron is back at the crucial zone of 200EMA, where price has made a small breakdown here (now looking to secure this zone as well).
As it is a little early to consider it a good breakdown, we will be keeping an eye out for further confirmations here, and if we get one, we will be looking for a downward movement!
Swallow Team
TRXUSDT Idea longBINANCE:TRXUSDT
Bullish setup on a 1Day timeframe.
Going for a new higher high first target 0.1440 and the 2nd target is 0.1500.
NOT A FINANCIAL ADVISE DYOR
TRX/USDT Entry for Continuation?Here's my analysis on TRX/USDT:
TRX/USDT is looking very strong! I'm looking to enter a TRX/USDT trade if it hits the 40-EMA on the daily timeframe, as it has bounced off that zone several times before, with 0.164 as our target.
+12%+ TRON ideaWith demand growing, I can't help but think TRON is set to do at least another 12% increase, just a thought. DYOR
I Cannot Short This !!! situation+next targets.TRX is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
broke out the Triangle on 1D timeframe.
Up we go📈
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
spot TRXIn the crypto market, after each liquidity and receiving it
Spot buying becomes very important. You can buy in two stages of the current price and in the specified prices
Tron (TRX): Possible Zone of Rejection!Tron might see some kind of downward movement here after getting that nice small rejection from the second top zone.
As of now, we are expecting a further movement to lower zones but we might see some struggle near 200 EMA (which has been a very strong trend holder so far), so keep an eye on that zone for sure!
Swallow Team
TRX SELL LIMIT Hi dear traders
After the sharpie price movement, the price now needs correction.
We can open short position with capital management.
Let's see what happens
This is not financial advice ( DYOR )
Good luck 👍
Is TRXUSDT About to Skyrocket? Potential Bullish Move Ahead!Yello Paradisers! Have you noticed how #TRXUSDT is following the symmetrical triangle trajectory? This indicates a high probability of a bullish move!
💎TRXUSDT has consistently followed this pattern. Currently, a bullish double bottom pattern is forming at the support zone around $0.11050. If the price sustains its momentum, there's a great chance it will make a bullish move above the supply area.
💎Watch for the price to sustain momentum here for a bullish breakout at support $0.11050. If the price fails to hold momentum and breaks below the ascending support, we anticipate a bullish rebound from the lower support level at $0.10759.
💎Should TRXUSDT break below the strong support at $0.10759, it would invalidate the bullish outlook, leading to a significant price drop.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities. Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
TRXUSDT.PTRXUSDT.P is in bearish trend
Bearish divergence also shown in RSI.
Potentially printing LLH and LL.
we sell at CMP
TRX TronTron has shown to be a very strong and supported blockchain with clear V shape recovery from out of bear right into bull phase.
TRX → be sure! buy it!hello guys...
I think TRX will be bullish for these reasons:
1- it made a quasimodo pattern!
2- it is on the flip area!
3- It somehow reacted to the bottom line of the channel!
the target will be $0.133 and $0.19.
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✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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Tron Break the Channel boundariesAfter 1 week for respecting the channel boundaries, with the upper boundary acting as resistance and the lower boundary acting as support, The price has recently broken below the lower boundary of the ascending channel, suggesting a potential trend reversal
Target as in the chart
TRX (TRON): Overbought at ResistanceTrade setup : Price is in an Uptrend. It made Higher Lows (see blue trendline) and broke back above 200-day MA ($0.12) to signal trend reversal to uptrend. It's now approaching $0.145 resistance and getting overbought (RSI > 75), hence, we could see some profit taking in this area. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.145 to signal continuation of uptrend, or 2) pull back near $0.12 support for another swing trade entry in Uptrend with +20% upside potential back to $0.145.
Pattern : Price is Overbought at Resistance. This trading strategy finds assets that are overbought (RSI > 70) and are near a resistance area, which means there's a high probability that price will get rejected and pull back near-term. Overbought conditions are typically reached when RSI hits 70 or more. Learn this trading strategy in Lesson 5.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is Overbought currently, based on RSI-14 levels (RSI > 70).
Support and Resistance : Nearest Support Zone is $0.11, then $0.10. Nearest Resistance Zone is $0.145.
TRON Abra purchased Valkyrie’s crypto trustsTrading platform Abra reportedly purchased Valkyrie’s private crypto trusts in May 2024, ahead of a settlement between the crypto trading platform and 25 state financial regulators in the United States.
According to Bloomberg, Abra took over Valkyrie’s Tron
TRXUSD
and Zilliqa trusts, which saw previous sales of $50 million and $21.3 million, respectively. In addition to Tron and Zilliqa, Abra purchased several other unnamed digital asset trusts from Valkyrie.
Marissa Kim, Abra's head of asset management, also told the financial outlet that the trading platform could list the trusts on public exchanges, should market demand grow for the investment vehicles.
Lingrid | TRXUSDT Bullish MOMENTUM. Long OPPORTUNITYBINANCE:TRXUSDT is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. In my view, the market is likely to experience a correction against the trend soon, as it has reached the strong resistance at 0.13000. This correction will present an opportunity to go long. I expect the market to pull back following the level breakout and then continue trending upwards. My target is resistance zone at 0.13450
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