Trading opportunity in TRXUSDTBased on technical factors there is a Sell position in :
📊 TRXUSDT Tron
🔴 Sell Now 0.05451
🧯 Stop loss 0.05605
🏹 Target 1 0.05285
🏹 Target 2 0.05065
🏹 Target 3 0.04715
💸RISK : 1%
We hope it is profitable for you ❤️
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TRXUST trade ideas
Tron TRX price at the start of a strong trend moveTRXUSDT price has been demonstrating one of the longest consolidations since April 2021, 20 months.
You understand that in consolidation: those who believe in growth are always buying at different levels, and those who believe in depreciation TRX are actively selling their portfolio.
So when the TRXUSD price breaks out of this consolidation, there will be a strong and prolonged price movement in one direction.
The ambitious goals of longs are growth to $0.09, and if they are lucky, to $0.13
Benchmarks for shorts - falling to $0.035, and if lucky, to $0.0175
Which scenario Tron price move is closer to your heart? Whose side are you on?
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🔥✅FIRST DIGITAL YUAN: STRONG FUNDAMENTAL SIGNAL FOR TRX🔥 Hi friends! Tether and TrueUSD released Chinese offshore yuan on TRON. CNH₮ and TCNH will drive the next bullish trend in crypto, says Justin Sun (owner of TRX and Huobi).
✅ This will definitely lead to an increase in the number of users (TRC network) and the development of the blockchain system on Tron. Good fundamental news!
Now the price consolidate inside the huge triangle which is part of global bullish pennant pattern.
📊 TRADING PLAN FOR TRX:
🔥 squeeze to the trendline and test it as the support. I want you to pay attention to the possible manipulations below the local lows. The whales collect the liquidity in this way
🔥 huge whales buy orders before the breakout and during the test the triangle as support. I use DOM and Footprint to track such activity and open a trade with the biggest players on the market
🔥 bullish BTC
🚩 Friends, push boost button of you remember BTC global triangle in 2018. And after the 5-6 tests the price finally broke it down. I think that the same things can happen on TRX. So it will be even better opportunity to enter the TRX because a lot of retailers will wiped out and the price will grow even higher.
✅ MID- AND LONG-TERM TARGETS FOR TRX:
1. $0.092 - key level and local high
2. $0.18 - key level, ATH
3. $0.45-0.5 - technical target according to bullish pennant pattern
🚩 Tron ranks 15th among the largest crypto and has a capitalization of $5 billion. So, the growth by 600-700% will not be a difficult task for this altcoin.
Are you bullish on TRX? Write your thoughts and targets for TRX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRXUSDT is testing the resistanceThe price is inside an ascending channel after a new lower low due the bearish impulse on the static daily support
How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
InvestMate|Tron Ready For Growth?💲💲Tron Ready For Growth?
💲Tron just like the rest of the cryptocurrencies in my opinion has a really good potential for growth.
💲It is one of the most prominent cryptocurrencies.
💲Therefore, I believe that sooner or later there will be increases on Tron.
💲Looking at the sustained uptrend for weeks now.
💲And given the fact that interest is returning to the cryptocurrency market.
💲It is not hard not to get the impression that increases on Tron are inevitable.
💲I expect that over the next few weeks we will see the vicinity of the levels of the resistance zone determined by me based on the cluster of two fibo levels. The first is 0.382 of the downward wave from the peak of 08.05.22 to the bottom of 14.11.22. The second level is 0.236 of the entire downward wave from the peak of late 2021 to the bottom of 2022
💲The support zone remains the space between the 0.382 level and 0.5 of the current upward wave.
💲Looking at the MACD and RSI, I have no doubts of continuing further increases.
💲The scenario I am playing out is a continuation of the increases to the vicinity of the resistance zone levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
TRX: Price May Reach 0.0700 During In The Coming WeeksTRX: Price May Reach 0.0700 During In The Coming Weeks
After the price moved down like all the cryptocurrencies now we can see a small
pause from the previous week.
The support area near 0.046500 is pushing the price up again.
I am looking for the price to rise further during the coming weeks considering
that 0.046500 didn't let the price decrease more.
Targets:
🎯 0.058441
🎯 0.065252
🎯 0.070451
Thank you and Good Luck!
Tron has tested the support level and may continue to move upHello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.
Today, I want to talk to you about the Tron chart.
On the chart, we can see how the price has formed an Ascending Channel and is moving in the middle.
Tron has tested the support level 0.0545 and can continue upward movement.
The price is trading above the support level and can reach the resistance line of ascending channel.
I expect that price can continue to move uphill and rise to our goals.
In that case, I decided to set two goals for Tron.
1st goal at level 0.056 and next goal at level 0.058 that coincide with the resistance line.
This is my opinion, I really hope it will be useful for you.
TRON, which is expected to promote new business in 2023...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(TRXBTC 1W Chart)
A rise above 0.0000 0318 is expected to release bullish strength.
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(TRXUSDT 1W chart)
The key is whether the price can stay above 0.05358 to break out of the long-term downtrend channel.
And, ultimately, whether it can rise above 0.06236 is important.
(1D chart)
The key is whether it can rise with support in the 0.05136-0.05358 range.
If not, a decline to around 0.04437 is likely.
Since TRX is issued as a stable coin, a drop in the price of TRX can create a great risk.
(USDDUSDT 1D chart)
Therefore, holders of TRX need to pay attention to USDD's pegging situation.
We are currently airdropping APENFT (NFT) tokens until 2023 to promote new businesses.
Attention is focusing on whether the victory or defeat of the business to be carried out this time can change the fate of TRX.
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** 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.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(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.)
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Tron may continue to rise if it breaks the resistance lineHello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.
Today we will look at the price of Tron.
I draw your attention to the graph, where we can see how the price has dropped to the support line, tested it and started moving upwards.
The Tron is now trading over the support line and can continue upwards.
In my opinion the price can break through the resistance line and keep moving up.
Therefore, the goal were set at the resistance level 0.058.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
tron short positionbreak a rising wedge in downtrend at TRON chart
we have 3 scenarios
n.1: pullback to the break point and falling down to the green area
n.2: pullback to the trendline and make a falling flag than falling down to the green area
n.3: close under the 0.052$ with bearish candles than complete 2legs of the falling
I think we have 0.04$ for target at all
green area : supp zone for 2021
