Trxbinance
TRX/BTC DawnBenice team welcomes you!
Today our view were attracted to the throne.This token is designed to make a revolution in the market of social networks, adding a new trend in the world of Internet technologies.
Tron technology represents the distributed network which allows the users to get access from anywhere without the help of intermediaries. The reward for posting Content will come directly from the audience and depend on its popularity.
In 2018, the tron blockchain launched the Mainnet Protocol. Its own network, independent of Etherium, is capable of processing 80 times more transactions than Etherium. The Protocol assumes transaction speeds of up to 2000 per second and very low commissions of $ 0.0000001.
Tron supports the solidity programming language and can transfer smart contracts from the Etherium network to its network. Since the speed of transactions in the Tron network is much faster than Etherium, the popularization of the Tron network is a matter of time.
On a global scale, the coin is very interesting both in terms of functionality and development prospects. The project has more than 800 nodes around the world, which indicates sufficient decentralization.
At the moment, the capitalization of the coin is 1,312 billion dollars.
In the market about 65% of the total amount of tokens are traded. The rate the Throne reached a peak indicator ($0,278030) in January, 2018, however, after that the rate decreased and currently stands at $0.019958.
The technical picture suggests that the price of the token is in the zone of strong oversold . With the General decline of the market, it may fall to 0.00000216. This level of value in this case acts as a support and moves up the corner of Gunn 8/1.
The coin has a good reason to reach the 0.00000354 level in the near future.
Next, the target levels will be 0.00000442, 0.00000552 and 0.00000672.
The last level will complete the correction to decrease from the maximum value of 23.6%.
Our recommendation is Long from 0.00000322. The purposes mentioned above. It makes sense to split the purchase into 2 parts. Add the position in the case of the decline to the support level.
Benice team keeps abreast of any changes in the market situation!
Trx/Btc DawnBenice team welcomes you!
Today our eyes were glued to the throne. This sign is designed to revolutionize the market of social networks, adding a new trend in the world of Internet technologies.
Tron technology is a distributed network that allows users to access entertainment content from anywhere without the help of intermediaries. The reward for posting Content will come directly from the audience and depend on its popularity.
In 2018, the tron blockchain launched the Mainnet Protocol. Its own network, independent of Etherium, is capable of processing 80 times more transactions than Etherium. The Protocol assumes transaction speeds of up to 2000 per second and very low fees of $ 0.0000001.
Tron supports the solidity programming language and can transfer smart contracts from the Etherium network to its network. Since the speed of transactions in the Tron network is much faster than Etherium, the popularization of the Tron network is a matter of time.
On a global scale, the coin is very interesting both in terms of functionality and development prospects. The project has more than 800 nodes around the world, which indicates sufficient decentralization.
At the moment, the capitalization of the coin is 1,312 billion dollars.
The market trades about 65% of the total word consumption. Of course, the throne reached its peak ($0.278030) in January 2018, but after that the rate fell and currently stands at $0.019958.
The technical picture suggests that the price of the token is in the zone of strong oversold . With the General decline of the market, it may fall to 0.00000216. This level of value in this case acts as a support and moves up the corner of Gunn 8/1.
The coin has a good reason to reach the 0.00000354 level in the near future. Next, the target levels will be 0.00000442, 0.00000552 and 0.00000672. The last level will complete the correction to decrease from the maximum value of 23.6%.
Our recommendation is Long from 0.00000322. The objectives mentioned above. It makes sense to split the purchase into 2 parts. Add the position in the case of the decline to the support level.
Benice team keeps Abreast of any changes in the market situation! Don't miss the important news! Subscribe to the channel!
Tron (TRX) Still looks bearish, sub 370 level looks likely.The last few trades have been quite good, so far I have not lost money on a single public trade. You may view the trades in the related ideas section or just click on my profile. I have made 27.74% off XRP and so far 5%+ off Tron.
Tron has recently topped and is now having a correction to the downside. I expect this to last until 370 at the very least, as that should be a normal retrace during a bear market.
Therefore, you may hold your short with a stop loss above a bear fractal.
If you are not short, it may be wise to enter with a small position. We should be getting a bounce soon but I would not bet on that. Tron in theory should not be breaking 395 anymore and we should be seeing 370 within the next few days.
Reasoning:
Classic topping pattern. (0.382 to 0.236 then drop below support)
Volume picking up during uptrend, meaning many people bought the move up, not the bottom. This means if price fails, it will be tough to break new highs for a long time. At the very least we need a bottom for Tron, and I believe that will occur at 370 sats on Binance.
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Is Now a Good Time to Buy $TRX?Tron saw a decent size dip where it found support and bounced at the .88 Fib Level since it bottomed on 8/15, and it looks to be putting in a higher low. I do believe we are overdue for a relief bounce on the larger time scale (Daily) where we will visit the .236 (.00000454) and .382 (.00000575) Fib Levels soon. Stretch target would be the .618 Fib (.00000770). This is how I will be playing TRXBTC:
TRX Swing Trade
Buy: .00000310-.00000330
STOP: .00000329
Take Profit 1: .00000454
Take Profit 2: .00000575
Risk/Reward: 3.36
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
Tron (TRX) is bouncing I am long on TRX having shorted it yesterday
I believe that TRON $TRX (TRX) is bouncing off its short term support levels to around 360, it has fallen approx. 10% in the past 24 hours and is overdue some kind of deadcat.
I am by no means a Tronny, I am trading tron because I believe that this trade is the right decision at this time.
$TRX LongBTC seems relatively stable above 6k still as it has pushed the past few days above $6500. This means it is a great time to enter alts again. TRX looks like a strong short term buy. RSI and Stoch both at oversold levels and some solid divergence in price since the last low RSI on 3/18. Simply put, TRX is more oversold here at a higher price than it was in March. This signals strength and I believe a rebound is imminent, at least in the short to mid term (1week-1month)
Comment your thoughts on this TA (first time posting to Tradingview)
*Not Financial Advice*
*DYOR*
TRXBTC 6/1/2018 Analysis CHECK CHECK!I believe TRX is only consolidating to get a new ATH!! it is possible that this gonna happen in the next 2 weeks! so HOLD! baby!!
if TRX able to break the Minor resistance and turn it again to minor support that will be a good sign and if we are able to have atleast 2 candle sticks above the orange line that is a break out baby!
To avoid losses set your SELL- STOP-LOSS: 755 satoshi , If we broke the support this will lead us to 600-620 satoshi!
Tron TRX Update - She's about to 'splode. Enjoy.Good afternoon ladies and gents. I just wanted to give you an update on what I think will happen with Trx/btc over the next couple of weeks.
Wave 3 hit the 1.618 extension mark and Wave 4 retraced to the golden ratio at .618. This is ideal. Preferred extension shows interest and preferred accumulation shows strength and confidence.
TRX/BTC has decided that she wants to absolutely explode. And by explode, I mean if you're a bag holder you're going to be nutting home some serious dough.
Currently TRX/BTC is trading within an ascending triangle on the 1 hour chart
as well as a larger ascending triangle on the 4 hour chart
As far as indicators are concerned, The MACD is setting up very nicely on the 4 hour chart which just now crossed back over, and a new uptrend has been established on the RSI. As soon as RSI picks up to the 60-70 level, look out. We can also see an ascending triangle form on the RSI as well which is a great sign.
All things considered, and with a little FA thrown in here with the mainnet launch on May 31st, this has the set up to make a lot of people a lot of money. globalcoinreport.com
I expect Wave 5 to hit 2.618 Extension levels easily. However, this could easily trend up or down depending on the health of the overall BTC market and the effect the mainnet launch has on the coin.
If this is an analysis you appreciate, feel free to upvote and like as many times as you wish!
I appreciate your support.