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TRON / UST

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TRXUST trade ideas

TRON swing trade longTron had one of the best relative strengths this year compared to the whole crypto market. Recently it broke the ascending channel and retested it within the same zone at a bigger Fibonacci level. Here we can see the bigger picture at weekly timeframe. A 2 RR is determined for the trade. Although it is near the resistance, but the support seems good enough to take the risk. Bitcoin is not showing any weakness either & US Bond market showed few big red candles last week too. Take profit target can be extended with proper trailing stop loss. Entry: 0.09921$ Stop Loss: 0.09660$ Take Profit: 0.10442$
Long
by NoaTrader
TRX IF BREAK SUPPORTConsidering the strong growth of currencies yesterday, Yen 7 Shahrivar Tron was not exempted from this growth and was able to show a good reaction to the ceiling of its range and we witnessed the reverse in the same area. On the price of 0.0777 dollars, which was a very important point in terms of price action, we saw how the price was returned until the price of 0.075 dollars, where we saw the range between these two ranges, and after crossing this range, the first price ceiling of 0.080 dollars and the higher ceiling, i.e. 0.083 dollars We can expect. If we consider the break from the floor, which is more predictable, we can determine the price of $.0073 for Rios.
Short
by ahmadarz
TRX/USDT Break the key level area. Rounding Bottom Confirmed!💎 TRX has undeniably made a significant impact on the market with its Rounding Bottom pattern and the successful breakthrough of a key supply zone, signaling a bullish momentum for TRX. However, it's worth noting that TRX has not yet undergone a retesting phase at the demand area, which was previously a supply zone. 💎 Due to this, there's a possibility that TRX will enter a retesting phase at around $0.91 to confirm the continuation of its upward movement. It's conceivable that after a valid retesting phase, we might witness a substantial bounce from the demand area, probability propelling TRX toward our target, the major supply area. 💎 Conversely, a less favorable scenario would materialize if TRX retests the demand area within the range of $0.91 to $0.885 and experiences a breakdown. In this scenario, TRX would transition back to a bearish trend, potentially resulting in a downward movement, with testing areas at $0.717 and even the formidable support area.
by MyCryptoParadise_Nathan
3
TRX is a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 Unlike many altcoins exhibiting high volatility, TRX has demonstrated steady upward movement throughout the entire year. This bullish trend is engulfed within the rising broadening wedge pattern outlined in orange, currently approaching the upper boundary marked by the orange trendline, serving as a non-horizontal resistance. Additionally, the zone between 0.105 and 0.115 presents a robust resistance level. 📈 To maintain long-term control, the bulls must breach the 0.115 resistance. If successful, a movement toward the subsequent resistance level at 0.14 can be anticipated. 📉 Conversely, as long as TRX trades below 0.115, there is potential for bears to instigate one more correction (confirmation needed on lower timeframes). In such a scenario, we should be vigilant for trend-following buy setups as TRX approaches the lower boundary of the orange trendline. 📚 Always remember to follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All strategies are good if managed properly! ~Rich
by TheSignalyst
1
✴️ Tron Looking Really Good | Follow Me!Follow me into this analysis, another one that reveals what is coming to the Altcoins market. You know the famous saying, "When life gives you lemons, trade Crypto". Some charts need long, detailed explanations while others can be really short. ✔️ Tron is showing a very strong rising channel with a hidden bullish divergence signal and high rising volume... We don't need no more. This clearly points to higher prices. The trading volume is just too strong to go into details. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
3
TRON ($TRX) What is Next After The SurgeUnlike the majority of altcoins, TRX began its upward trend even before Bitcoin surpassed its annual high. Currently, TRX is trading at around $0.094, marking the asset's highest price point in the last two years. Given the ongoing positive dynamics of BTC, a continuation of this growth trend is anticipated. The last time Tron reached these heights was two years ago, rendering the old resistance levels irrelevant. After surpassing the resistance zone of $0.093-$0.094, potential next targets for buyers could be the $0.097 mark and the psychological level of $0.1. In the event of a correction, the TRX price could fall to $0.091 and enter the buyer's zone between $0.0890-$0.0905. Below that, the support level at $0.0885 could also be tested, without posing a threat to the prevailing uptrend.
Long
by DEXWireNews
1