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TRXUSDT trade ideas

TRX triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me. ENTRY : @ 0.06270 STOPLOSS (SL) : local high @ 0.06093 TARGET (TP) : height of the triangle projected from midpoint of the local range @ 0.06905 REWARD RISK RATIO (RRR) : 3.3 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
TRX inverted H&SIn the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call... ... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide. INVALIDATION (SL) : Right Shoulder @ 0.05879 TARGET (TP) : Inverted H&S target projection @ 0.08555 Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
3
TPX may test global highsOn the chart, 1 week TF: 0.14927 - the global resistance level, a global correction or a local downtrend started from it! 0.04637 - acts as a support and trend break level. local trends from it repeatedly changed the downtrend to a local uptrend. has confirmation. 0.08846 - mirror level! after its formation and confirmation in the form of resistance, the price of the asset updated local lows and confirmed the presence of the level of 0.4637. 0.06550 - local resistance level formed for 1 week TF. Has confirmation in the form of touches! Pay attention - after a false breakout of the level of 6550, the price of the asset did not turn around, but now it breaks through it again. Just as important is the descending line of clubs that was broken 4 attempts! It is important to understand that the price of an asset may continue to find a flat and continue to move sideways, however, this does not exclude the possibility of trying to trade with a stop and positionally.
Long
by SharkSailChat
Contracting Bollinger Bands on the 1W chartHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. Following yesterday, today we changed the background color of the chart. Please leave a comment on which chart is more eye-catching, yesterday's background color or today's background color. For your information, there is a significant difference between viewing a chart in real time and sharing a chart with a picture. Therefore, I would be grateful if those who share and use my charts leave comments. ------------------------------------- (TRXBTC 1W Chart) The key is whether it can rise above 0.0000 0318 in order to release the upward force. --------------------------------------- ------------------------------------------ (TRXUSDT 1W chart) The key is whether it can be supported at 0.06427. In particular, as the Bollinger Bands are contracting, volatility is expected in the near future. (1D chart) It is important to be able to rise above the 0.06427-0.06532 section and be supported. If not, you should check for support around 0.06004. TRX is holding the price near the M-Signal on the 1M chart, so it can be clearly seen that the long-term trend is about to turn into an uptrend. Therefore, as mentioned in the explanation of the 1W chart, it can be seen that the current position is located in a very important section. If the mid- to long-term wiggle starts, there is a possibility of touching around 0.05358, so you should think about how to respond now. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Tron TRX is breaking out! Explosive pump is likely. As you can see, TRX is currently breaking out of the descending triangle on the daily/weekly timeframe, and an explosive pump is now likely! The take-profit is at the top of the triangle, which is 0.18 USDT. I think it's possible to go higher, but we don't want to risk anything, because we could be in wave 5 from the Elliott Wave perspective. Triangles are typically formed as a 4th corrective wave. This bull market that started in January is absolutely amazing, and I hope it will continue as long as it possibly can! We want to take as much profit as possible from this bull run. Sending USDT via the TRX network (TRC20) is very popular among crypto people. Furthermore, Tron's value held up very well during the 2022 bear market. It's definitely a positive sign. Now is the best time to buy TRX if you don't want to miss out on the upcoming pump! It will be huge! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. If we take a look at the previous price action from 2020 to 2021, there are no gaps that need to be filled. In other words, it's possible that we will never go back to these levels. I'm not sure how you feel about it, but I'm already long in the futures market. 171% is a good profit, so be greedy! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
67
TRXUSD: Daily VCPVCP: 4W 11/6 3T The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books. RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
Long
by fyntrade