TRXUSDT trade ideas
TRXUSDT Bearish?Pretty bearish right now, but i think this will be a good bottom price for TRX ($0.05)
I'm thinking there will be a deviation below, and then back above $0.05.
First target will be $0.063.
Will CL if clean break below $0.05.
Trade safely.
TRXIdea: The price dropped to the lower border of the descending triangle. Watch for a possible breakout of the lower boundary of the pattern amid negative news around USDD and problems on Huobi wallets
The journey to ATHHi traders good day, TRX is now at the most strongest support on its weekly time frame. I consider this as the beginning towards a new ATH maybe in a few years to come.
TRONmageddon- not much to say, with BTC confirming a downside breakout it is more than likely all alts follow
- unlike some, TRX hasn´t fallen too much so there is still time to position yourself short as the R:R is still favourable, SL slightly above the neckline of the descending triangle makes sense
- looking for at least a 50% drop
TRXUSDT: Price Action Supply and DemandHello friends. According to the Chart of TRXUSDT I expected the price touch again the determined price and so continued downtrend path.
TRON to save the dat for FTX?i suppose that will be enough toxic debt to nuke the price over 50%. whatever the catalyst still will see .03 for trx in the near future and most likely the lower levels before any signs of significant turnaound. ggs
Justin Sun gonna suck these nuts dryTLDR TRX goes down, withdrawals from FTX will only commence via TRX, so that means people sell TRX for USDT on real exchanges which crash prices down 50% ideally and 75% for max pain.
TRX might be the next FTT and LUNA I just noticed that USDD depeg, this doesn't sound good for TRON holders, hence there's every tendency of seeing TRX drop drastically just as FTT. So be on a look out for the breakout before reacting . First stop will be 0.0233 and the second could be 0.013 or below as LUNA did 🤔
TRX. An obvious descending triangle.Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by many traders who buy from the support level. The more traders do this, the more stops are formed. And as the market moves from one area of liquidity to another, the price is likely to break through the support level, and when these stops are hit, it will further increase the selling pressure.
TRX TRON to ATH by EOYBreakout from a long-term descending triangle will should allow Tron to run. targets denoted.
RSI broke out of descending trend.
Analysis based on the idea that the market bottomed as described below.
USDD & TRX COLLAPSE!Hi Traders,
USDD is the TRX backed algorithmic stable coin - the DAO has massive reserves of TRX and faced some scurtinty when LUNA collapsed as next potential targets - prices where stable then and Justin did deploy alot of stable coins to prevent damages.
Now with FTX collapsing and the long arm of ALAMEDA going down with the ship we should expect to see the fragile projects like USDD collapse as many will sell that which they need to de-risk.
There is more to this but thats for someone else to explain the technicals.
All in all - TRX is holding ok for now considering they have alot of stable coin USDT reserves, the question is WHAT happens when that runs out...
SHORTING TRX from 0.058
0 incoming.
Goodluck,
AssetMastery
TRX on the edgeHi Traders,
TRX is looking ready to break the long term trend line and crash massively - likely to close the deep price gaps in a violent and sharp wick. Possibly to the 0.01-0.022 area.
Goodluck,
AssetMastery
TRXUSDT Elliott Waves Analysis (Local Vision)Hello friends.
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Everything on the chart.
growth from current price or through one more decline in zone ~0.055
Entry: market and lower
Target: 0.074 and 0.08
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
TRX 50%+ dump loomingHi traders,
Looking for gems that haven't dumped alot yet to short as the markets tumble - TRX is a great one.
Tends to do its on thing time wise hence why its holding price longer than other, but when it breaks the line it will nose dive like in the past.
Goodluck,
Asset mastery
TRON (TRX) - November 9Hello?
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(TRXBTC 1W Chart)
The key is whether it can move above 0.0000 0318 to find support.
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(TRXUSDT 1W Chart)
As Tron pegs the stablecoin with TRX, it becomes important to be supported in the 0.05358-0.06236 range.
Therefore, it is necessary to check whether it is supported in the 0.05358-0.06236 section.
If it doesn't and it goes down, the key is to touch the 0.03538-0.04437 section and return quickly.
(1D chart)
We need to see if we can quickly rise above 0.05989.
If not, you should check to see if there is support around 0.05358.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRXUSD ❕ broke up the downtrend lineThe TRX continues to hold the price above the strong support zone.
The long lower shadows indicate the weakness of the sellers, they are not able to bring the price lower.
I expect a rise after the price fixes above the support.
Tron (TRX) formed a big bullish Shark | A Good long OpportunityHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ) with US Dollar pair.
Previously we cauth a nice pump of TRX:
Now on a 4-hr time frame, TRX has formed a bullish Gartley pattern. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
IT IS JUST THE BEGINNING FOR TRON (TRX)I think tron is in the early stages. The chart forms the first HH and HL in the weekly timeframe. This is a good time for a long-term investment.
TRXIdea: The price is approaching the upper border of the descending triangle. The price moves under a lot of MAs. There is a high probability of the price falling to the lower border of the triangle to the weekly 200 EMA
TRX/USDTTRX/USDT
The 0.055 level is a very important level.
If it is supported at this level, it can return to the symmetric triangle, otherwise it can drop up to 2 cents.
#TRXUSDT #TRX #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
