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TRON / Tether USD on BSC (0x26b4103C8dA21725909955fe85f7f6249D05DD9E)

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TRXUSDT_26B410 trade ideas

300R Trade on TRONOn the basis that I think Bitcoin will reach at least $170k many alts should have relatively good performance. With Bitcoin seemingly placing in a daily cycle low and with the 15min trend in tact, I think it's worth placing a small bet here to ride what could be a potentially massive trend. The chance with no edge is 1/300 of this working out, so I expect this trade most likely to fail as a warning, however I do see about 1/5 of these types of opportunities working out which is a great edge. $0.30 is the target.
Long
by TipsOfPips
Cryptolean Tron TRX UpdateTron is having a bearish pullback and trading in the daily range zone where we will continue to see a slow and choppy price action. A bullish reversal from the current price location reclaiming $0.132 will result in a slow upward move to $0.138. A confirmation of a break-out of $0.132 will push TRX price towards $0.126. Intraday Chart The TRXUSDT 4-Hour chart is bearish and re-testing $0.132, an intraday resistance. A bearish rejection of $0.132 will result in a bearish dip of Tron price towards the key intraday support zone of $0.128-$0.13which, in turn, could lead to a strong bullish rejection of this support zone. A bullish break-out of $0.132 will push price higher to $0.134. Like once read! Thank you.
by Trade-Lean
TRXUSDT - BULLISH OUTLOOKTRXUSDT is currently indicating a bullish divergence on the 1-hour (1H) timeframe, suggesting a potential reversal in the downtrend. Additionally, the price has broken its lower high and formed a higher high, further supporting the bullish outlook. Based on this analysis, a trading plan can be outlined as follows: Entry: Consider entering a long position at the current market price of $0.13370 to benefit from the anticipated bullish reversal. Stop Loss (SL): Place a stop loss order at $0.13189 to mitigate risk and limit potential losses in case of adverse price movements. Take Profit (TP): Set take-profit levels to achieve a 1:1, 1:2, and 1:3 risk-reward ratio: TP1: Set the first take-profit level at $0.13551 TP2: Aim for the second take-profit level at $0.13732 TP3: Target the third take-profit level at $0.13913 This trading strategy anticipates a bullish reversal based on the observed bullish divergence and the breakout above the lower high level. However, it's essential to closely monitor the market and adjust the plan according to evolving price action.
Long
by sunnytrader07
3
TRX Achieves Third Target with a 74% Surge! 🚀🚀 Exciting news for TRX enthusiasts! The TRX cryptocurrency has successfully hit its third target, experiencing a remarkable 74% surge. The current price stands at an impressive $0.011349, marking a significant milestone in TRX's upward trajectory. Traders and investors are buzzing with anticipation as TRX continues to showcase its resilience and potential for substantial gains. Stay tuned for further market insights and potential opportunities in this dynamic digital currency landscape. #TRX #CryptoSuccess
Long
by SafeCryptoSignals
3
I Cannot Short This !!! situation+next targets.TRXUSDT 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 ) .The break out needed for increasing further has not happened but it should happen pretty soon. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
5
Why +208% on TRX is an underestimation ?#TRX/USDT Analysis Description --------------------------------------------------------------- + TRX has been moving upwards slowly while forming the cup pattern. + This slow move of the TRX has given it enough time for the accumulation + Once the price breaks this resistance line i'm expecting back to back God Candles. + This is a good opportunity to enter a LONG position with TRX. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.13866 Stop Loss: Below 0.09780 ------------------------------ Target 1: 0.17930 Target 2: 0.22480 Target 3: 0.30028 Target 4: 0.43250 ------------------------------ Timeframe: 1W Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
6
TRON (TRX) showing a strong uptrenddaily chart is exhibiting several intriguing technical patterns and indicators that merit a professional analysis. TRON (TRX) is currently showing a strong uptrend, as evidenced by the price action creating higher highs and higher lows. This bullish sentiment is further supported by the Relative Strength Index (RSI), which, despite being in overbought territory (above 70), indicates strong buying momentum. The Moving Average Convergence Divergence (MACD) is also in bullish alignment, with the MACD line above the signal line and both residing above the zero line, further reinforcing the strength of the current uptrend. Looking at the Smart Money Concepts (SMC) indicators such as Break of Structure (BOS) and Change of Character (Choch), there have been significant shifts in market structure indicating potential smart money activity. The BOS markers preceding strong directional moves suggest that institutional money may have been a driving force behind these price changes. Fibonacci retracement levels show that the price has surpassed the 0.618 level, which in many cases acts as a resistance turned support level. This could indicate that if a retracement were to occur, the price might find strong support at or above this Fibonacci level. The Volume Profile Visible Range (VPRV) indicates that there is a substantial trading interest at lower price levels, suggesting that if a retracement were to happen, these levels could act as potential areas of demand. A potential harmonic pattern can also be identified, with the price trajectory suggesting a completion near the 0.786 retracement level. This pattern often signifies a reversal point, and as such, could indicate that the current uptrend may experience a reversal or significant retracement upon completion of the pattern. From a smart money perspective, traders would be observing these levels and patterns to align their entries and exits with the anticipated institutional movements. The alignment of strong technical indicators with smart money concepts presents a compelling narrative for the current and future price action of TRON. Traders should closely monitor how the price reacts upon reaching significant Fibonacci levels and harmonic pattern completion, as well as any signs of weakening momentum or trend reversal indicated by the RSI and MACD, to make informed trading decisions.
Long
by CryptoDiabloo
1