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Justinsun

BTTUSDT: Possible Cup'n Handle Ahead (44%)My previous outbreaks and targets have been correctly predicted: However, we are now facing the possible formation of a cup'n handle. In my current plan, I'll seek for confirmation of the actual handle, including outbreak. I projected the possible outbreak zone from which I will buy in (3% above the outbreak). Ultimate target will be at the .0014 USDT price point but depending on the momentum, I will see to get out earlier (like .0012 - .0013). Happy Trading! Ethereum Donation Address: 0x285C0455D4B8c1b9e9D9f4a03bbFa130fEcD894B
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by CoinStudio
3
BTTUSDT: Another 40% In Sight On Next BreakoutHere an update on my previous TA on BTTUSDT: As you can see the original breakout has been predicted well, including the first sell zone. However, as things develop, we are now entering a new large-scale breakout, that might bring us to an almost ath double top at .0012 USDT. Please keep in mind that it can still fail to breakout at this point, but whenever it will be, we will facing the said 40% tops. The safer bet would be the #2 sell target on my previous TA as linked above. Happy Trading! Ethereum Donation Address: 0x285C0455D4B8c1b9e9D9f4a03bbFa130fEcD894B
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by CoinStudio
1
TRXUSDT: Cheat Sheet (up to 55%)Here is my plan on how to play both directions TRXUSDT might take: In case of a breakout to the top of the triangle, I play a buy-in with a safe confirmation roundabout 3 - 4% above the breakout point as conformation. If on the sell target #1 I see declining momentum, I gonna sell using a constantly updated stop loss. In case of enough moment, I will be looking towards sell target #2. In case of a breakout to the bottom, I expect the (very) heavy resistance zone of TRXUSDT to push the price further down. If .01937 USD gets broken to the downside, we are entering a low resistance area with a likely double bottom at .01100 USD. Since the support at this level is really strong, I expect a larger bounce to the the sell zone between .01719 and .01936 USD. In case the support doesn't hold, a stop loss between .01000 and .01050 USD will secure my funds. Please note that this might play out over several weeks or months, especially if the breakout is to the top of the triangle, due to the heavy resistance zone. You can watch the live chart here: www.tradingview.com Ethereum Donation Address: 0x285C0455D4B8c1b9e9D9f4a03bbFa130fEcD894B Thank you & Happy Trading!
by CoinStudio
what could go wrong on TRX/BTC? hmm, let me think little bit...Short this ponzi how much possible as you can on BitMEX. You asking me "Why?". So, there few things to answer you like "Cause TRX is biggest ponzi right now and right here": 1. Big bearish div on every TF (daily, 3-daily, weekly etc...) 2. Decreasing volume on all spot exchanges with BTC pair 3. Last pump was made because Bittorent (BTT) airdrop. Haha and this is not bullish sign. 4. Forming descending triangle if we zoom out the hole TRX/BTC charts. Descending triangle = short it. 5. Last time when TRXH19 was pumped on BitMEX, tons of longs was activated on higher price...and Arthur "Machoman" Hayes will liquidate them all with his popular meme "Run their stops !!!" any suggestions? write below this post. And yeah, this is will be your 1st easy-breezy-lemon-squeezy trade on BitMEX of 2019 year.
Short
by surrealstandard
1
BTTUSDT: Still Bullish IndicatorsHi people, I was already writing off BTTUSDT expecting a longer correction. but was missing a double-top on the 4hr, which made my head scratch. However, I spotted some indicators on the 4-hour that keep me being bullish on BTTUSDT: - There is a valid uptrend with clear touch points - We have a bullish Stochastic RSI vs. trend divergence - There is a falling wedge looming within the current last red candles that points straight downwards to the trend line (check the 15 or 30 min to spot it) - Declining volume that you would expect before a bigger move - Justin Sun announced a "campaign" for Valentine's Day with big special guests and it is expected to see further shill alongside this event: twitter.com The above are valid bullish arguments, but I also don't expect an almost 1 Trillion supply token to get to 1 us-cent that easily, at least not with this Crypto marketcap. So please take this with a grain of salt. Happy Trading!
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by CoinStudio
1
Will TRX Be Able to Join Crypto Top 5 and When?Over the last few months, Tron has managed to gain a lot of traction and new followers. The token has been steadily climbing the ranks and has risen several spots in CoinMarketCap list of top cryptocurrencies. It is currently sitting comfortably in the number 8 spot with a market capitalization of $1,715,501,987 and trading at 0.025 against the US Dollar. The question is if, and when, Tron may enter the top five! The Tron project was initially launched in September 2017 by the Singapore-based non-profit organization Tron Foundation. The Foundation is led by CEO Justin Sun, since inception, it has been dedicated to building infrastructure for a truly decentralized internet. The network is offering high-availability and high-throughput support for decentralized apps which is something others (cough, cough, Ethereum) have been struggling to achieve. A rather big part of Tron’s marketing has been to emphasize the fact that TRX (their native crypto asset) can sustain 2,000 TPS (transactions per second), while Ethereum is capable of only 25 TPS and Bitcoin can only handle 3 to 6 TPS. What I think more important is that the Tron Foundation has acquired BitTorrent Inc. in July 2018. It has already successfully launched BitTorrent (BTT) token on Binance Launchpad at the end of January 2019. Since then, Binance has introduced new trading pairs for BTT (BTT/BNB, BTT/USDT and BTT/BTC) and will host an Airdrop Program in which TRX holders will receive BTT tokens. The event is scheduled for Feb. 11, 2019 and should be a big draw in terms of new Tron holders. Considering all these developments Tron’s team is clearly proactive, delivering a steady stream of news and making headlines almost every week. Constantly being on people’s minds is one of the best ways to gain followers/investors which in turn will increase buying pressure. If they are able to deliver on their promise their market cap will continue to rise. It’s not out of the question to see Tron (TRX) reach top 5 as soon as summer 2019. TRX/USD – Technical Analysis Tron lost ground against the US Dollar for the better part of 2018 but, unlike other digital coins, it has shown signs of bullish pressure. The token hit its low and bottomed out in late-November when it hit $0.0109. Since November 2018 the pair has been constantly climbing and even managed to pierce resistance at 0.0280, albeit without breaking it convincingly. However, after the initial false break, price returned to that level and has been repetitively bumping against it which makes me think a break of resistance could come in the near future. The 200-day Exponential Moving Average is flat, which in the current situation, means that a trend change is possible and does not indicate necessarily a ranging market. Also, the pair is supported by a bullish trend line that could help push price higher. The Relative Strength Index is trading in the middle of its range which means there is room to move higher. Daily Chart Support: bullish trend line and 0.0180 Daily Chart Resistance: 0.0280 Most likely scenario: break of immediate resistance followed by the printing of a new high; uptrend development continues Alternate scenario: retracement lower based on (mini)uptrend exhaustion and RSI position; a new attempt to break current resistance should soon follow
BITFINEX:TRXUSDLong
by UToday
2
TRX slowing down for an expected retrace, My trading plan!Whats going on my friends! Big news the long awaited VanEck SolidX Bitcoin ETF application has been WITHDRAWN! Lets get to the this trade. TRX is retracing i am currently waiting for re entry at the moment at my BUY ZONE BOX as most of you know all of my calls on TRX have been spot on and i will continue to give you the most accurate calls possible. Wait for a BTC retrace which could happen soon and that is when we will see all major ALTCOINS breakdown though i still strongly believe TRX will RESPECT its trend-line. My personal ENTRY POINT will be set at 644 with a 10x long position. I will keep you all informed on any new changes that may occur due to the potential BTC sell off INCOMING!! Also if you want more ACTIVE UPDATES on some of you favorite ALTCOINS then make sure to join my DISCORD community LINK is below in the SIGNATURE box! Thanks, LiquidMEX DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
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by SolStackz
Justin Sun's Child to the floor! short TRXGood morning, as Im little busy today will give you quick Idea. Next couple hours TRX Dex exchange will be launched, I think we will see a little pop at that time, 396- 505-415 satoshi maximum what is possible. But if not, just short break down of the wedge I pointed for you. In this market we saw all great project like GVT and many others dumping hard after platform launch, so thats the fundamental. Stoch RSI on 1D, 4h, 1h, specially 1D is on the roof and he just need a trigger to jump from it, and I predict some one will push it to jump today.
TShort
by pawelchasikowski
TRX GOING DOWNTRXBTC will go down because we have a bearish divergence at 1D timeframe. Bulls tried to pump TRX but failed to break the 396 sat resistance on Nov 28-29. Currently STOCH is overbought, the volume is decreasing and the resistence is stronger. I don't think it can be broken just yet. Even though MACD is bullish / above neutral, I still think they cannot break it. With low volume and bad STOCH we'll have to wait for things to cool down. It s only pur informative.DON t play in bitmex.
Short
by CryptoRomaniaTD
7
TRON will be 200x faster than ETH and 100x cheaper than EOS?On Sunday, 7th of October, Justin Sun (Tron CEO) posted an update on twitter: twitter.com The twit stated that in the upcoming update, Tron would become 200 times faster than Ethereum and 100 times cheaper than EOS. This is a very optimistic clam made by Mr. Sun, but if the claim will become the reality, price of TRX could increase substantially against the Bitcoin. Will “buy the rumor, sell the news” approach will work this time? After the announcement was made, price of TRX/BTC has jumped by 11% within 7 hour period. It has reached the 429 satoshis high, and broke above the 23.6% Fibonacci retracement level. Obviously, since Tron has formed a double bottom at 270 satoshis support, price has been steadily increasing, producing higher highs and higher lows. This is the first sing of an uptrend, which at this stage is likely to continue. Investors should consider the fact that price broke above the Fibonacci resistance, 200 Moving Average and RSI oscillator broke above the resistance line, suggesting an increasing interest in Tron. As any market, Tron is moving in waves and currently it is reasonable to expect a corrective move down, which has already started. The question is how far down price might drop, and whether it will be just a correction or a downtrend continuation. Based on the VPVR trade volume indicator, most trading volume occurred at the price of 330 satoshis, which is also a 61.8% Fibonacci retracement level. It seems logical to expect TRX to correct down towards this level, before and if the uptrend will continue. At the same time this support level should be watched for either the breakout or a rejection, which should give more insight on further price development. To summarize, Tron looks bullish against the Bitcoin, and there is certainly room for growth. But, buying Tron might seem too risky, considering the ongoing downside correction. The support at 330 satoshis should play an important role and will likely indicate where it is heading in the near term future.
by CryptalDash
14
Tron is on the verge and more like to move up.....Be Prepared All the Top 20 Alts chart looks the same. Reasons for Long :- I am expecting a big news from Justin Sun. After the torrent giant acquisition TRX has not shown any substantial movement. Daily Chart is showing that we are going to test the red channel zone. It happened with XRP, then BCH....maybe the next will TRX On the other side we can move to green zone. In longer time frame, TRX/BTC have found the bottom/near bottom. Price cannot fall below 0.00000269 BTC. I m in at 0.00000334 BTC.......meet u on the other side of moon.
Long
by AkashSingh80
TRX could be a good BUY nowTRX is reversing back from its drop and is on the verge of breaking its lowest point in 2018. It can be seen as a good point to buy. Tron and Justin Sun has achieved quite a lot in a relatively short span of time and team has grown to 300+. Even after the mainnet launch, they didn't suffer anything significant like EOS did. It has been smooth sailing for TRX team and they keep on adding to their milestone. This is a long term project with amazing growth potential along the way. Do share and comment. Trade at your own risk. This is just my opinion only and not financial advice. Pls follow me on twitter @prajwolb Have a good one.
Long
by nattain
Will Atlas save Tron?Coin of the day is Tron While TRXBTC continues to draw a bearish pattern already reaching its April lows, its famous CEO Justin Sun reveals the secret project, the was a huge part of the hype around the coin at the beginning of 2018. So, will it help the price to find a bottom or will Justin Sun just ruin BitTorrent for every pirate on the net :) Recap for those, who don’t follow on TRX: Developed by famous “Jack MA protégé” Justin Sun, Tron is a blockchain-based decentralized platform, seeking to build a free, content entertainment ecosystem. The system is developed with the use of distributed storage technology, which will allow cost-effective sharing of digital content. The project was founded by the Tron Foundation, a Singapore-based non-profit, back in 2017. Atlas “Finally, I would like to say a few things about our project, our secret project, now we name it Atlas, after the BitTorrent acquisition.” – Justin Sun Tron foundation promises to release a detailed three-month roadmap on the project in August. For now, it is clear that project Atlas would be an integration of BitTorrent and Tron and the primary goal of the project will develop the main idea of the Tron – global content ecosystem. The Foundation is exploring the possibility of improving the BitTorrent protocol with the help of Tron protocol to make it faster and lengthen the lifespan of BitTorrent swarms. They aim to improve the current Altruism with the integration of Tron network to BitTorrent. The Foundation intends to extend rewards to peers who seed torrents infusing more resources into the Torrent ecosystem. The Tron network will serve as the online protocol for Project Atlas. Tron team expects that BitTorrent will be the largest application on the Tron network which will allow Tron to surpass Ethereum on daily transactions and also become the most influential public blockchain in the world. Moreover, the integration is set to add on to the global payment and settlement of the online content. The creators of the content will be able to reach 100s of million users without any intermediaries on the decentralized network. The team also states: The project will not be associated with any mining projects and it is not going to have any negative impact on the BitTorrent users. For BitTorrent users, the project is going to strength the current BitTorrent protocol by making it stronger and more competent. Technicals From the June TRXBTC price stays in a bearish pattern, unable to draw any convincing turnaround signs. For now, the price reached the April lows, and not much remains to the 2018-year lows. 0.000004 level recently has shown a supportive nature and sent the price in a lateral movement. So, to consider a turn-around pattern we will need to see the price holding-on above the 0.000004 level, a breakthrough above the Bearish Trend Line and, a crossover above 0.000005 – 0.000006 zones and lastly a closure above 100-days EMA. Don’t expect to see such development in days, most likely it will take weeks. But if this project is meant to survive, then it is a time to start drawing a turnaround. Otherwise, falling below 0.000003 will wipe all 2018 gains and turn the outlook to strictly negative.
by DestinationMoonCrypto
TRON Independence dayCoin of the day is TRON On June 25th, 2018, 2:00 UTC. Founder and CEO of TRON Justin Sun announced that “June 25th marks the day of TRON’s independence from Ethereum”. At the conference, Justin Sun introduced TRON’s latest achievements and plans: May 25th, launch of virtual machine in beta Regarding virtual machines, Sun said: “We launched our first version of the virtual machine on May 25th, which is fully compatible with Ethereum’s virtual machine environment. Developers can use Solidity to develop, debug, and compile in a familiar Remix environment without having to learn a new coding language. On July 31th, we will launch the official version of TVM, which will allow developers to use the TRON virtual machine to develop decentralized apps that are significantly better than Ethereum and unlock a powerful decentralized ecosystem.” May 31th, the launch of mainnet Odyssey 2.0 Sun explained the difference between June 25th Independence Day and May 31th mainnet launch: “Becoming independent from Ethereum is a complex process. It needs the community’s consensus to initiate the network and conduct large-scale collaboration. We need the consensus of more than one million users in the TRON community to launch the mainnet and achieve complete independence from Ethereum”. June 25th, creation of Genesis block, independence from Ethereum TRON has completed token migration from ERC20 to mainnet. The community consensus initiated the TRON network and generated the Genesis block, which signifies TRON’s official independence. TRON is now one of the most competitive major public chains in the world. Secret project “I think one of the most important values of Tron is we delivering our products and mission on time. So as you see, we delivered our testnet on the March 31st, our mainnet on may 31st, and officially are launching our mainnet on June 25th. The next very important milestone is July 30th- we will deliver our official virtual machine. All the decentralised exchanges and applications on the Tron platform are plugged into the Tron ecosystem. July 30th we will launch one of our secret projects” This “secret project” he said, will result in a 100 million active users using Tron platform in the future and that they are eagerly looking forward to launch this project. He added that the “secret project” will be more significant than the mainnet launch that’s happening today. “I think July 30th will begin a new era for Tron” Although, BitMex will list TRON Futures Contract, but not on 28… “Due to popular demand, we will be listing the BitMEX TRON / Bitcoin 28 September 2018 futures contract, TRXU18, on or before 26 June 2018 08:30 UTC. Update: due to the current Binance system downtime, the BitMEX TRXU18 listing will be postponed. We will post another update before listing.” Conclusions TRON coin is worth close attention in the nearest month. The fewer problems and troubles will arise at this time - the more likely to see strong growth. Technicals The technical view represents the fundamental situation as always, the coin is drawing a bottoming pattern, fluctuates with high volumes around in the 100-days EMA zone, above Bearish Trend Line. TRXBTC still struggles to break above 0.000007 level but have enough place for the lateral movement and gaining volumes above the Bullish Trend Line in the 0.0000065 – 0.000007 zone. A breakthrough above 0.000007 and 0.0000075 afterward will signal a start of the growth cycle. From the downside, to draw a turnaround pattern will be possible till 0.000006 level.
Long
by DestinationMoonCrypto
TRON - fasten your seatbelts!Hey guys, same as with other cryptos, I am expecting a move to the upside on Tron soon. Price is currently trading within a falling wedge and I do expect it to find its trough of wave 4 soon, in order to start its final impulse do the upside. Regarding the buy zone - the zone with the highest confluence lies around $0.055 and $0.05. As written on the chart, if price should enter this zone, I would not consider it to be an overlap with wave 1 as long as price does not fall & close below $0.05. In leveraged and highly volatile markets it is not uncommon for wave 4 to retrace slightly into the peak of wave 1 (does not happen often, but once it does, it doesn't mean the count has been invalidated). However, I also take two other different buy scenarios into consideration - one being, seeing price forming a double bottom around this weeks low and the other one would be that price is at the time of writing forming its first higher low on the 1H timeframe. Subjectively, I see the highest probability with price either hitting 0.055-0.05 or forming a double bottom at this weeks low. Do not forget about the mainnet launch, which will be around six hours (11 AM GMT+8 / 5 AM GMT+2) Objectively, I won't take action until I either see price reacting impulsively with abnormal volume on lower timeframes or seeing today's high being taken out. My projected target is the $0.115-0.12 area. Safe trades! Bud
BITFINEX:TRXUSDLong
by BudBronson
5