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TRON / TETHER USD on BSC (0xa98D8a5867D664B7A758652146fd93a7dE40eE82)

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TRXUSDT_A98D8A trade ideas

What to Expect NextOn the daily chart, there's an upward trend pattern. Right now, the price is testing a barrier at $0.078. If it manages to break through this level, we can expect the price to continue rising, possibly reaching $0.085. However, if the price can't surpass this resistance, we might see it drop down to around $0.072. Additionally, the Relative Strength Index (RSI) currently stands at 54. This level indicates a moderately strong momentum in the market. It suggests that there is some bullish sentiment, but it's not too extreme. Traders are neither overwhelmingly buying nor selling at this point.
by MonoCoinSignal
12
Despite Macro Bearish Conditions TRX Remains Set for New HighsThis is a follow-up to this trade below: TRX has been holding up here in this zone despite the bearish price action on the macro, has recently started to press up against the resistance zone above, and has also once again defended its bullish trend line. If this price action continues, we could very soon see TRX jump up to the upper end of the range at around 18 cents before pausing for a bit. The overall target for the wave structure, as can be seen in the original post, is 42 cents at a 1.618 extension, but this lower 18 cent target is for more midterm trades entering off the bullish trend line right now.
Long
by RizeSenpai
TRX fall out of the bullish triangle ?"Over the past days, the TRX cryptocurrency has been steadily constructing what appeared to be a promising bullish triangle pattern. This technical formation, characterized by its converging trendlines and diminishing price volatility, had ignited anticipation among traders for a potential upward surge in value. However, recent market developments have shifted this optimistic sentiment. The TRX token seems to have broken free from the confines of the bullish triangle. This breach marks a pivotal moment, suggesting a potential change in the prevailing market dynamics. The breakout from the triangle indicates a shift in the balance between buyers and sellers, and it's crucial to assess the implications of this movement. As the breakout unfolded, the TRX price underwent a testing phase, revisiting the ascending trendline that had previously guided its upward trajectory. This retest of the trendline can serve as a critical confirmation of the triangle's breakdown, potentially signaling a shift towards a downward trend. Traders and analysts are now closely watching whether the price manages to sustain itself above this level, which could indicate a potential recovery, or whether it succumbs to the pressure, implying a further decline in value.
Short
by Bitcoinblockchainonline
TRX Buy Trade and TP based on D Wave AnalysisHere is My Study on TRX. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
1
TRX: Pullback in UptrendTRON (TRX) technical analysis: Trade setup : Following a bearish breakout from Channel Up pattern and below $0.08 support, price pulled back near $0.073 support, which could be an attractive swing entry, with upside to $0.08-$0.086. Trend : Downtrend on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.073, then $0.065. The nearest Resistance Zone is $0.080 (previous support), then $0.086.
Long
by altFINS
🚨 Trade Update: TRX/USDT (10-20x)🚨 Trade Update: TRX/USDT (10-20x) 📉 Short Entry: 0.0766 - 0.0787 OTE (Optimal Trade Entry): 0.0779 SL: 0.0789 B/E Move: When it moves close to TP2 TPs: Short Term: 0.0762 - 0.0758 - 0.0753 - 0.0748 - 0.0742 - 0.0735 Mid Term: 0.0725 - 0.0712 - 0.0695 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®
Short
by GISTRADINGLLC
TRX/USDT Is it time for correction? Hey traders 👋 TRX coin is next on our watchlist with a nice potential for a turnover to happen soon! We see those many attempts of liquify grabs which were resulted by bears with selling pressure but they had failed many times....yet they still try and try. TRX coin has been growing and growing leaving EMAs on daily below the market price! We are keeping an eye for potential drop here which might happen anytime soon! 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.
Short
by SwallowAcademy
4
TRX: The Bearish Movement Already BeganTRX: The Bearish Movement Already Began On our first analysis, the price was still in correction and without any clear direction. At that moment the price was showing the possibility for both moves. Yesterday the price validated the bearish scenario and reached our first target zone. In the current condition, we may see any small correction before the price resumes the bearish movement again. You may find more details in the video. Thank you and Good Luck! Previous analysis:
Short
by KlejdiCuni
3