Tronusd
TRX/USD: UpdateTRX has been riding the green support marked. A break below it would be a sell signal to try to buy back at next support marked. We are currently still above the previous indicated channels (May have to zoom out to see bigger picture). If price holds green support I'd expect price to hit to resistance line around $0.19 before a potential bigger pullback.
TRX - buy, hodl and stake TRON! 🚀TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger is most safe of course but you can stake there just few of altcoins.
TRX is really nice coin, it already gave our subscriber +100% (in btc ) but we are sure that it will pump harder + we will maximize our profits by staking. Remember that even if your staking rewards are not so big - we will sell this coins after it will give us 300-1000% or even more. So your rewards will be also +300-1000% and after that it can be much bigger amount.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
TRX - 4h. Buyers must prove their strength before $0.2 The bright growth momentum in the TRX market , which started only on March 31, ended locally at $0.149. On April 5, buyers managed to touch this mark, after which the TRX price began a rather rapid correction. In fact, in 7 days the price of TRX increased by 100% , and the volume of trades showed significant interest of investors in this project. If you look at the global TRX chart, you can find its historical high in January 2018 at $0.2. On the one hand, the prospect of continued growth to the global problem level is quite high. However, if you look at the 3-day timeframe , you can see a clear channel of TRX growth:
As you can see, buyers have managed to re-test the upper trend line of the growth channel. This event took place in high volumes and the sellers finally showed their presence.
We expect to continue the correction in the TRX market with the first stop of $0.87. In addition to the fact that we see a small consolidation in this range on the chart, if you look at the trading history for 2018, this mark will show an important liquidity level . By keeping it, buyers can safely continue the wave of growth to $0.2. However, we do not recommend buying this coin before.
An alternative scenario is a deep correction to $0.5. This scenario will increase its probability if the price of BTC breaks the range of $54200-54500.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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TRX - 6h. Buyers have a chance to test $0.07TRX Buyers aggressively launched an attack in the $0.037-0039 range yesterday. This range f rom August 2020 keeps the price from continuing the growth trend. 3 previous attempts by buyers to take control of the range ended in a sharp reversal of the price to the liquid price zone of $ 0.023-0.024.
However, this attack is special. In our opinion, the buyers managed to neutralize the main sellers on January 29. The strong momentum on high volumes has satisfied many sales orders. After such an event, the sellers did not launch a counterattack, which signaled their weakness.
Today we see that the price of TRX is uncorrected to the mark of $0.05 . this mark is in fact the limit of the global 2-year consolidation. After breaking this mark, buyers will be able to continue to grow to $0.07. However, if we remember that the historical maximum of TRX is around $0.2 - there is still a lot of work for buyers.
___________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
TRX - buy, hodl and stake TRON! 🚀TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger is most safe of course but you can stake there just few of altcoins.
TRX is really nice coin, it already gave our subscriber +100% (in btc ) but we are sure that it will pump harder + we will maximize our profits by staking. Remember that even if your staking rewards are not so big - we will sell this coins after it will give us 300-1000% or even more. So your rewards will be also +300-1000% and after that it can be much bigger amount.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
TRX - buy, hodl and stake TRON! 🚀TRX is on our golden list of altcoins for long-term. It is very good project for holding and staking. You can stake it for example on ledger. We strongly recommand you to stake all coins which you are holding on long-term but only if that place is safe. You should stake just in places where you are owner of your private key such as Ledger, Exodus or Atomic. Ledger is most safe of course but you can stake there just few of altcoins.
TRX is really nice coin, it already gave our subscriber +100% (in btc ) but we are sure that it will pump harder + we will maximize our profits by staking. Remember that even if your staking rewards are not so big - we will sell this coins after it will give us 300-1000% or even more. So your rewards will be also +300-1000% and after that it can be much bigger amount.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
TRON and Bittorent same patterns? This is the the TRON chart which looks really alike with the pervious chart I posted about the Bittorent. With my point of view they are following the same patterns and since both of them are on strong weekly/daily downtrend there is huge buying opportunity ahead of us at the bottom of valleys.
Note: I'm just a beginner here to document my learnings and share ideas so keep it cool lmao