TRON TRX price is under serious threat. Be careful!At first glance, the price of TRXUSDT has finally broken out of the 2-year consolidation and even managed to test the consolidation from above.
With any other cryptocurrency, after such a pattern, one could say with great confidence that it is safe to buy it, as the price is likely to continue to rise.
But not in the case of TRX, because yesterday the SEC filed a lawsuit against Justin Sun, the founder of TRON, accusing him of market manipulation, selling unregistered securities, and fraud.
The only question we have is: what took so long? After all, these sins of San's have been going on since at least 2017, when it was "pump season".
So if you want to buy TRX now, you better think twice about whether you need it.
If you still want to buy TRX, then remember what happened to the price of Luna and FTT.
Who knows what will come to light during the trial and investigations?
Well, Justin Sun can only guess)
And if he did know something and he is smart, he could easily sell off his TRX for 2 years while the price was in consolidation.
There are many questions and few answers, but soon there will be more.
We have shared our thoughts, and the decision is, as always, up to you.
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Trxusdanalysis
TRX/USD LONG SET UP (TRON ROCKET) HODLBuy TRX/USD
Entry 1 .02700
Entry 2 .02400
Tp.1 .03000
Tp.2 .03400
Tp.3 .03900
Tp.4 .04400
TP.5 .0560
TP.6 .0800
ORE THAN 60% OF TRON HOLDERS & 25% IN DISTRIBUTION WALLET & BINANCE CEO OWNS MAJORITY % OF COMPANY SHARES FOR TRON.
ALL TRON ICO HOLDERS WAITING FOR THE FAT PAYDAY
STARTING JANUARY 1ST 2020 THEY BEEN WAITING TWO YEARS
You Can Now Stake Cardano and TRON on eToro’s Trading Platform
TRXUSDt AnalysisHello friends.
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Everything on the chart.
until we are higher than 0.0165 we're bullish
i tend more for long (im in pos from 0.0173 and put 1 more buy limit order on 0.0169)
targets: 0.019 and 0.02
after first target reached move ur stop to breakeven
stop: under 0.0165 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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TRX/USDT - output from the triangle.At 1d output from the triangle.
At the retest you can try the purchase.
The target is the upper limit of the channel.
There is a key level to which I will be attached.
Push ❤️ if you think this is a useful idea!
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TRXUSDt AnalysisHello friends.
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Everything on the chart.
chart looking bullish
We are in ascendind triangle
You can buy it after fixing above 0.0151$ or for more confidence when we will breaking our triangle up
Targets: 0.016$ - 0.0166$ - 0.0174$
(after first target will reached move ur stop to breakeven)
growth cancellation if we rollback and consolidation below our local channel
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
TRXUSDt locally signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
targets: 17.5$ and 19.2$ (after first target reached move ur stop-loss to breakeven)
stop: 15.2$
risk/profit: 1 to 2 -first target, 1 to 4 - second target
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also if you have any questions or suggestions(PM to me). Will be glad earn some money for me and you)
Clear Channel DownTron is on a clear 1D Channel Down (RSI = 40.265) with oversold momentum (STOCH, STOCHRSI, Williams) but on an slow pace (MACD = -0.003, Highs/Lows = -0.0041, BBP = -0.0088), meaning that after hitting the 0.064052 Resistance it is consolidating before the next leg down. This consolidation will soon be evident on 4H as we estimate 4 indicators will turn neutral. The 0.064052 and 0.066697 Resistances are excellent sell entries, with our TP located at the 0.046047 support.