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TRXUSDT trade ideas

TRX - Slow and easy trade#TRX/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support line and successfully bounced back from it with a long wick. + Overall trend is looking strong and we can expect the price to hit the next resistance line --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.1262 Stop Loss: 0.1156 ------------------------------ Target 1: 0.1298 Target 2: 0.1333 Target 3: 0.1391 ------------------------------ Timeframe: Capital Risk: 1-2% of trading amount 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
Lingrid | TRXUSDT level REJECTION. Opportunity to BUYThe price perfectly fulfilled my last idea. BINANCE:TRXUSDT has pulled back after forming a double top pattern. Recently, the market bounced off the 61.8% Fibonacci retracement level, indicating potential support. A rejection candle with a wick suggests that buyers are stepping in at this level. The area between 12 and 12.5 has been respected in the past, with multiple bounces occurring there. If we zoom out, it's clear that the price has been creating a triangle pattern, which indicates prolonged consolidation as it has struggled to break above its highs since February. The recent rebound from the bottom of the triangle suggests the possibility of a retest of the upper boundary of this pattern. This could lead to either a breakout to the upside or a continuation of the consolidation, depending on market sentiment. Observing how the price reacts at the triangle's upper resistance will be crucial for assessing the next move. My target is resistance zone at 0.1325 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
1
Rebounding from the support levelTRON is currently rebounding from the support level, but the upcoming resistance levels could hinder further price growth. Examining these key levels can provide a better understanding of future market behavior. Support Levels: $0.1190 Level: This level acted as initial support and the price has rebounded from it. $0.1120 Level: The second support level, acting as a stronger backup. Resistance Levels: $0.1260 Level: This level acts as the first resistance and might prevent further price growth. $0.1300 Level: The second resistance level, breaking which could indicate a trend change. $0.1370 Level: The final resistance level, reaching which could confirm a new upward trend.
by MonoCoinSignal
I Cannot Short This !!! situation+next targets.TRX 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 ) . broke out the Triangle on 1D timeframe. Up we go📈 ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Is TRXUSDT About to Skyrocket? Potential Bullish Move Ahead!Yello Paradisers! Have you noticed how #TRXUSDT is following the symmetrical triangle trajectory? This indicates a high probability of a bullish move! 💎TRXUSDT has consistently followed this pattern. Currently, a bullish double bottom pattern is forming at the support zone around $0.11050. If the price sustains its momentum, there's a great chance it will make a bullish move above the supply area. 💎Watch for the price to sustain momentum here for a bullish breakout at support $0.11050. If the price fails to hold momentum and breaks below the ascending support, we anticipate a bullish rebound from the lower support level at $0.10759. 💎Should TRXUSDT break below the strong support at $0.10759, it would invalidate the bullish outlook, leading to a significant price drop. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
TRX → be sure! buy it!hello guys... I think TRX will be bullish for these reasons: 1- it made a quasimodo pattern! 2- it is on the flip area! 3- It somehow reacted to the bottom line of the channel! the target will be $0.133 and $0.19. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
4
TRX (TRON): Overbought at ResistanceTrade setup : Price is in an Uptrend. It made Higher Lows (see blue trendline) and broke back above 200-day MA ($0.12) to signal trend reversal to uptrend. It's now approaching $0.145 resistance and getting overbought (RSI > 75), hence, we could see some profit taking in this area. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.145 to signal continuation of uptrend, or 2) pull back near $0.12 support for another swing trade entry in Uptrend with +20% upside potential back to $0.145. Pattern : Price is Overbought at Resistance. This trading strategy finds assets that are overbought (RSI > 70) and are near a resistance area, which means there's a high probability that price will get rejected and pull back near-term. Overbought conditions are typically reached when RSI hits 70 or more. Learn this trading strategy in Lesson 5. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is Overbought currently, based on RSI-14 levels (RSI > 70). Support and Resistance : Nearest Support Zone is $0.11, then $0.10. Nearest Resistance Zone is $0.145.
Long
by altFINS
TRON Abra purchased Valkyrie’s crypto trustsTrading platform Abra reportedly purchased Valkyrie’s private crypto trusts in May 2024, ahead of a settlement between the crypto trading platform and 25 state financial regulators in the United States. According to Bloomberg, Abra took over Valkyrie’s Tron TRXUSD and Zilliqa trusts, which saw previous sales of $50 million and $21.3 million, respectively. In addition to Tron and Zilliqa, Abra purchased several other unnamed digital asset trusts from Valkyrie. Marissa Kim, Abra's head of asset management, also told the financial outlet that the trading platform could list the trusts on public exchanges, should market demand grow for the investment vehicles.
Short
by FXBANkthe8055
Lingrid | TRXUSDT Bullish MOMENTUM. Long OPPORTUNITYBINANCE:TRXUSDT is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. In my view, the market is likely to experience a correction against the trend soon, as it has reached the strong resistance at 0.13000. This correction will present an opportunity to go long. I expect the market to pull back following the level breakout and then continue trending upwards. My target is resistance zone at 0.13450 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5