TRX/USDT trading strategy
Current price: 0.2049 USDT
Period: 24 hours
Trading strategy
Buy low strategy (long order)
Entry price: 0.2020-0.2030 USDT
Take profit price: 0.2070-0.2080 USDT
Stop loss price: 0.2000 USDT
Position: 20% of funds
Trading type: spot or contract
Leverage: 3 times
Sell high strategy (short order)
Entry price: 0.2070-0.2080 USDT
Take profit price: 0.2030-0.2040 USDT
Stop loss price: 0.2100 USDT
Position: 20% of funds
Trading type: contract
Leverage: 3 times
Technical indicator analysis
1. Moving average system (EMA)
EMA(7): 0.2043 USDT, indicating strong short-term support.
EMA(25): 0.2025 USDT, medium-term support.
EMA(99): 0.1965 USDT, long-term trend continues to be bullish.
2. RSI indicator
RSI(6): 59.42, indicating that the market has not yet entered the overbought or oversold area, and the trend is healthy.
3. MACD indicator
DIF and DEA are both positive, and the MACD histogram shows a slight increase, indicating that bulls still have a certain advantage in the short term, but the momentum is limited.
4. Trading volume
Trading volume is relatively stable, indicating that the market activity in the current price area is average.
Strategy logic
1. Low-buy strategy
The support range formed by EMA(7) and EMA(25) indicates that the price has limited short-term downward space. Buy long orders in the 0.2020-0.2030 USDT area, and the target is the recent high of 0.2070-0.2080 USDT.
2. Sell high strategy
Short when the price approaches the short-term resistance area of 0.2070-0.2080 USDT, the target is the short-term support area of 0.2030-0.2040 USDT, and the stop loss is set above 0.2100 USDT to prevent unexpected breakthroughs.
It is recommended to strictly control risks to avoid losses due to market fluctuations. $TRX
