TRXUSDT.3S trade ideas
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.
TRONUSDT (Daily) - Bullish breakoutHi Traders
TRONUSDT (Daily Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.0659 resistance level. Only the downward break of 0.0587 would cancel the bullish scenario.
Trade details
Entry: 0.0659
Stop loss: 0.0587
Take profit 1: 0.0700
Take profit 2: 0.0770
Score: 8
Strategy: Bullish breakout
trx usdtThe higher time frame is showing a good support zone now just wait for a retest hopefully it will happen
🔥TRON IS GOING TO BREAK THE 2-YEAR TRIANGLE: PUMP SOON?🚀🔥Hi friends! First of all, take a look at the chart. See how the whales accumulate their positions: sl hunting and volume confirmation? This is a perfect example of how they work.
📊 MY TRADING PLAN FOR TRX:
1. squeeze to the trendline
2. sl hunting below the POC area ($0.06-0.064)
3. bullish BTC
🚩 I think that this squeeze to the global trendline will be successful and TRX will break it with PUMP. This will be the best scenario,
✅ MY TARGETS FOR TRX:
🔥 $0.072 - the key level
🔥 $0.092 - the key level
🔥 $0.12 - the local high and key level
Traders, will TRX become the top gainer of the bull market? According to this triangle pattern, the target is at least +290%. Write your thoughts 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.
✅TS ❕ TRXUSD: broke the ascending structure✅✅ TRX is held under at the bottom of the consolidation zone.
Price is trying to break the structure.
I expect further decline. ✅
🚀 SELL scenario: short to the lower boundary of upward channel . 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
TRX | DECRYPTERS | TRON | JUSTIN SUN HI people welcome to Team Decrypters
TRX is the native cryptocurrency of the TRON network and is used to facilitate transactions on the network, as well as to pay for the creation and execution of smart contracts.
we are expecting move to the upsdie Soon in tron so we are buyers in TRX
TRXUSDT Ready For Takeoff!TRXUSDT Technical analysis update
If the price breaks above the resistance line then we can expect a good up move in Tron.
Buy zone: Below $0.062
Stop loss: $0.054
Take Profit 1: $0.068
Take Profit 2: $0.077
Take Profit 3: $0.092
Take Profit 4: $0.115
Always keep stop loss
Thanks
Hexa
TRXUSDT - Short by Supertrend, ADX & MA 1/20/20231. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
3. MOVING AVERAGE INDICATOR:50
- Short trend when closes candle is below MA line.
4. - SELL/SHORT: reject to Supertrend at current timeframe.
TRX: Overbought at ResistanceTRON (TRX) technical analysis:
Trade setup : Price rebounded from $0.05 support and rallied hard above 200-day moving average, down trendline, and reached $0.065 horizontal resistance. However, it’s overbought (RSI > 70) and likely to pull back before resuming uptrend.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.058 (previous resistance), then $0.050. The nearest Resistance Zone is $0.065, then $0.070.
TRON: Price Should Begin The Correction SoonTRON: Price Should Begin The Correction Soon
As we can see the price stopped the bullish move for the time being
after the crypto optimism.
Was this move too optimistic?
it could be too optimistic, however, the market wants to trade as it was
in silence for a long period of time.
However, testing these areas at a time when the crypto market is not solid
yet is a bit risky for us to anticipate the next bullish wave.
We have to wait again...what comes fast...most of the time goes away faster.
Thank you and Good Luck!