TRON
TRXBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the support area S1 which has supported the price several times. We have 3 areas: R1, R2, and R3. The price can move up to R1 and you can save profit there. If R1 and R2 are broken, the price can move up to R3 and you can sell your profit there too. You had better sell it at the R1 line because it is likely for the price to hit the R1 line and then fall. If S1 is broken, it will see lower prices.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
$TRXUSD entry PTs .001804-.0068-.051865 Next Target PT 2.40-17TRON Coin Price & Market Data
TRON price today is $0.059529663343 with a 24-hour trading volume of $658,735,152. TRX price is up 3.9% in the last 24 hours. It has a circulating supply of 100 Billion TRX coins and a total supply of 102 Billion. If you are looking to buy or sell TRON, HitBTC is currently the most active exchange.
What is Tron?
Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX).
Who created Tron?
The Tron blockchain was created by Tron Foundation, a Singapore based organization that is currently headed by Justin Sun. Prior to creating the Tron Foundation, Sun founded Peiwo, an app that aspires to be the Asian Snapchat. This app got Sun into the 2017 Forbes 30 under 30 list.
Sun was also the former Chief Representative of Ripple in China and a graduate of Hupan University.
Tron came about after a successful ICO which raised over $70 million in September 2017.
What is the Value of Tron?
Using the blockchain and its decentralized smart contract capability, the idea of Tron is that users will experience a decentralized internet where “middlemen” such as Google and Facebook are not needed for users to access content.
To draw an example, currently the most ubiquitous video sharing platform is Youtube, which is a privately owned company with privately owned servers that stores and serves video to its viewers. However, using Youtube’s services means that creators and users have to comply with Youtube's terms of service and may have to pay for its content in one way or another. Creators on the Youtube platform may earn a share of Youtube’s revenue, but the pay structure is entirely up to Youtube’s discretion.
Tron aims to replace services such as Youtube and others by becoming the decentralized infrastructure in which users can connect directly with creators and pay the creators directly for the content they wish to consume.
How does the Tron Blockchain work?
The TRON protocol runs on a Delegated Proof of Stake (DPoS) Governance Model. This allows users to perform transactions with close to zero-fee whilst still being resistant towards transaction spam.
Transactions on the Tron Blockchain are maintained by a consortium of Super Representatives (SR) that are voted in by TRX holders who have locked their stake in the form of Tron Power. There are 27 top-voted Super Representatives and 100 Super Representative Candidates. The hierarchy of SR and SR Candidates are readjusted every 6 hours based on the number of votes they receive from Tron Power holders.
Can I mine Tron?
No, you can’t mine Tron because Tron runs on a Delegated Proof of Stake consensus algorithm. This is different from Bitcoin which uses the Proof of Work algorithm. New Tron tokens are created as block rewards for elected Super Representatives. This serves as an incentive to the Super Representatives in maintaining the integrity of the Tron network. You can participate by staking your TRX and voting for your desired Super Representative.
What can I do on Tron?
At its core, Tron is a smart contract platform. Specifically, it is built to be Ethereum Virtual Machine (EVM) compatible, meaning it has a Turing complete virtual machine capability. Executing smart contracts on Tron is similar to Ethereum.
On the other hand, whilst Ethereum operates on the gas fee transaction model, Tron operates on the Bandwidth model, which is similar to that of EOS. This is how transactions on Tron can be much cheaper and more seamless than Ethereum.
Just as one can issue smart contract tokens such as ERC-20, ERC-1155 and others on Ethereum, it is also possible to issue smart contract tokens on the Tron too. There are currently 2 token standards possible on Tron, namely TRC10 and TRC20.
Various TRC10 and TRC20 tokens have been issued on Tron with various use cases.
Where can I use my TRX?
There are numerous Decentralized Appliactions (Dapps) built on the Tron Blockchain, many of which require the use of the native Tronix (TRX) token. You can easily swap your TRX for TRC10 tokens which are used by many Dapps on the Tron Blockchain such as BitTorrent, 888Tron and others.
How to store my TRX?
The Tron Foundation has made it very easy for users to store and utilize TRX in their day-to-day online activities. The Foundation recommends TronLink and TronWallet as their official community developed wallet. You can also store and use your TRX in most other widely recognized wallet brands such as Trust Wallet, Ledger, Cobo Wallet and others.
Where can I trade TRX?
You can see the full list of exchanges trading TRX right here on this page. CoinGecko continually tracks the latest market movement of TRX and provides this data for you.
TRXUSDT-SHORTBased on technical factors there is a short position in :
TRXUSDT TRON
Score 2️⃣
🔴Short Now or set on Key Level 0.05900
🟢Target 1 0.05610
🟢Target 2 0.05270
❌Stop loss 0.06000
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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$TRXUSDTTRON Coin Price & Market Data
TRON price today is $0.060143544665 with a 24-hour trading volume of $579,481,858. TRX price is up 3.6% in the last 24 hours. It has a circulating supply of 100 Billion TRX coins and a total supply of 102 Billion. If you are looking to buy or sell TRON, HitBTC is currently the most active exchange.
What is Tron?
Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX).
TRX support at Elliot Wave lvl, and 36.4 bln USDT running on itTRX just found its support on EW retracement and it is still the second largest carrier of USDT - by far - with 36.4 billion USDT issued on it.
While people are applauding Solana, it only carries 1.5 bln USDT on its network.
USDT on Ethereum is just shy of 39 bln having lost the most at almost 800 million in recent days, while only 320 mln where redeemed on Tron .
Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next:
We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B
Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B
Please provide your feedback, like and share is appreciated
BITCOIN Potentially Headed Back to 40k by Feb (Elliott Wave)Bearish momentum divergences and price action on almost all timeframes is signaling a potential top here. My Elliott Wave count (which I have been following since June 2021) is indicating that the forecasted wave-B could be coming to a conclusion. This is based largely on the fact that the time of wave-B is related to wave-A by 161%, which is a common time for wave-B to end, and it has already made a new high above wave-A as well as a 2nd new high shortly after. It also gives us the perfect amount of time for wave-C to end in late February 2022.
I've also noticed quite a bit of exuberance on crypto twitter, which is usually one of the first signs that the market is nearing a top. A lot of people are expecting Bitcoin to hit 100k by the end of the year, which is seeming less likely at this point unless we are able to break 69k resistance with quite a bit of force in the coming weeks. For now it seems like being hedged for most cryptos is a good idea, I will unhedge if BTC makes convincing new highs. This leaves us with very minimal risk of missing out on any massive uptrend, but also prevents any large loss of profits from a large correction in the market.
After we hit 40k in February, we should see a massive move up which will take BTC well past 100k in 2022. In the mean time it may be a good idea to be on the look out for some unique gems that break the downtrend.
BTC Could Go To 23kAt this point it is seeming like BTC and virtually all of crypto is going to break down here, along with global stock indexes, and we'll see a massive capitulation down to 23k by February.
This will likely be followed by a massive move upward as people rush into crypto to hedge inflationary pressures from the FED and congress, who will be printing and passing massive stimulus to attempt to save the stock market.
Inflation will likely remain very high for years while the stock market goes through a few years of stagnation (stagflation).
Tron (TRX) formed a big bullish Shark for upto 144.5% huge moveHi dear friends, hope you are well and welcome to the new trade setup of Tron ( TRX ).
Previously we had a nice short term trade of TRX:
Now during the current crash, on the weekly time frame chart, TRX has bullish harmonic Shark pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
Channel BreakoutHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
TRXUSDT :
the price breaks the parallel channel and further bullish movement is possible.
I am waiting for a pullback to long TRXUSDT for a good R/R ratio.
My target is shown on the chart.
TRXBTC Breaking Up From Weekly TriangleThe weekly chart on TRX is starting to look really bullish. Nice bottom signal and the indicators look good too. We're also breaking out of this tightly wound triangle which could potentially signal the end of the 4 year bear market. It looks like minimum target against BTC is 323 sats for the smaller triangle, but it could go significantly higher than that if we get a full breakout from the long-term triangle, which seems pretty likely.
Justin Sun has been making big moves by becoming Ambassador to the WTO for Grenada. Wouldn't be surprised to see some small countries adopting TRX as an official currency, similar to what El Salvador did with BTC. Also regulations will likely improve in the US this year which could help drive the price of TRX and many other cryptocurrencies and remove much of BTC and ETH's regulatory advantage.
TRXUSD Exit At Price 0.0735TRON (TRXUSD) Long Trade Idea. Recommendation is to trail stop loss to target price.
TRXUSD Target Price 0.0714See multiple touches at price level 0.0691. There are multiple touches on both sides of the horizontal line at 0.0691. Also Exponential Moving Average Period 10 is 0.0691.
TRON (TRX) - January 17Hello?
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(TRXUSD 1W Chart)
Above 0.04413840 point: Expected to create a new wave.
If the price is maintained above the volume profile section formed near the 0.04413840 point, it is expected to continue the upward trend in the mid to long term.
However, in order to continue the uptrend, it must break out of the downtrend line.
If it fails to rise above the 0.07500028 point, there is a chance that it will fall near the 0.04413840 point, so trade cautiously.
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(TRXBTC 1W Chart)
Over the 259 Satoshi-318 Satoshi section: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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