Tron (TRX) is one of my favourite coins which I choose to invest in.This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portions will be sold on targets 1 and 2.
Entry Zone: 0.27 – 0.34
Buy Zone: 0.024 – 0.03
Target 1: 0.11...
Price action and chart pattern trading setup:
> A massive bullish wedge downtrend wave ready for bull rally + 150% upside (0.11+ USD)- strong dynamic SMA200W and wedge TRIPLE PIN BAR trendline support.
> The key symmetrical resistance to breakout SMA200D and upper resistance 0.06 price if breakout successfully the next target at 0.07 and 0.09.
> Indicator: both...
You can buy #TRX here and on retest of the falling wedge. Best Buy order place is around the $0.1150
Targets are:
$0.12141
$0.12650
$0.13158
$0.13881
$0.14803
$0.15975
TRX is at the base of the bullish channel, with the previous top having broken as support, with Stochastic oversold, above the 80-period exponential moving average.
Potential of 50% appreciation.
TRX already create the Inverse cup and handle pattern and looking bearish.
Stay awesome my friends.
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✅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!!
Due to the decrease in momentum, you can enter the trade after the LWP is broken, and considering the loss limit of 1%, you can expect a risk to reward of 3.
Considering that the currency trend is downward in the 4H time frame and is at a good level that also crosses the trading node, we can enter in the 15M time frame due to the decrease in momentum after the LWP is broken and with the limit Let's have a loss of 1% risk to reward 3. TP1 is equal to the loss limit.
💎 Attention, Paradisers! Keep a close eye on #TRXUSDT. It’s currently showing a promising upward trend from a critical support zone at $0.10921.
💎 Historically, #TRON has adhered to a descending channel pattern, consistently forming lower lows and lower highs. Right now, it’s positioned at a crucial support level of $0.10921. If the price maintains its momentum...
TRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next.
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and...
Tron has had a nice, small recovery phase after that drop recently.
We are looking here for further recovery to the upper zones (towards EMAs), and from there we will be looking for a possible short position!
If we fail to maintain the current zone and move to a lower liquidity zone, then we will be looking for an early, short setup!
Swallow Team
When will you give up?
What type of question is that?
Trading is a job!
Writing is a job!
Trading, writing, fighting, living is work; it is my job.
When will you give up on raising your family?
When will you give up on live?
Never I suppose and that's great.
We are not meant to give up.
We are not supposed to give up.
We are meant to live it up!
Stand up, wake...
Tron is left in the 50/50 position, where as of now we see a price hovering below 200EMA, which seems to be one of the major zones to hold the price (while also we have been building up a nice higher low on the triangle formation).
With that being said, we are looking for further confirmations, but the setups that we look into are shown. Now all we have to do is...
Considering that the currency trend is downward in the 4H time frame and is at a good level that also crosses the trading node, we can enter in the 15M time frame due to the decrease in momentum after the LWP is broken and with the limit Let's have a loss of 1% risk to reward 3. TP1 is equal to the loss limit.
In this video, we delve into a comprehensive technical analysis and trading concept for TRX (Tron). Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial...
