Trxusdt
My Trades - TRX popMomentum building up and if BTC does the favor this thing can pop 2.80% from here
Entered a small long x25
NFA - Journaling my trades
Tron TRX Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Tron TRX Price Targets:
TRX/USDT short
Entry Range: $0.060 - 0.066
Price Target 1: $0.055
Price Target 2: $0.045
Price Target 3: $0.030
Stop Loss: $0.074
TRX CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the TRX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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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TRX Tron the next to fall?I think TRX Tron is the next to fall after BNB Binance Coin.
The reason is their stablecoin, USDD.
According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%.
This is the USDD collateral:
TRX 10,929,535,279
BTC 14,040.6 = about $313Mil
USDT 29,964,253
USDC 39,719,839
so besides TRX, the total amount of other collateral is $383Mil for a stablecoin that has a mk cap of $724Mil.
Now let`s say TRX drops to the Covid level of $0.0072, which is not unrealistic in my opinion.
Then the TRX collateral of 10,929,535,279 coin will be worth $78,692,654.
Assuming that BTC won`t go lower, then still the liquid collateral of USDD will be around $462Mil for a mk cap now of $724Mil, which will result in a huge depegging od the "stablecoin".
Looking forward to read your opinion about it.
trxusdt (Tron) in 15M TimeFrametrxusdt (Tron) in 15M TimeFrame | As you can see, the flag pattern in this coin is quite clear, in my opinion, at this moment, the market maker is collecting coins and it will experience growth and growth again, just like the flag pole, this is a personal opinion and only for Your review will be shared
TRX IdeaTRXUSDT | TRXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
TRX USDT | TRX broke a massive resistance !!#TRX/USDT
🟢Entry price: from now to 0.064
🎯Targets:
|> 0.07091
|> 0.08151
|> 0.09279
🔴Stop-loss: 0.06060 (1D candle Close under it)
for risk takers, I recommend setting stop-loss at 0.0588 (1D candle Close under it)
➡️Recommended risk: 0.5%
➡️Recommended Position Size: 9%
please note that due to the current market situation, this trade signal is considered risky, so we must stick together to stop loss and risk management strategy and not gamble with our money.
stay safe and trade safe
thank you!
TRX triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
ENTRY : @ 0.06270
STOPLOSS (SL) : local high @ 0.06093
TARGET (TP) : height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR) : 3.3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
TRX inverted H&SIn the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
INVALIDATION (SL) : Right Shoulder @ 0.05879
TARGET (TP) : Inverted H&S target projection @ 0.08555
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Tron's price volatility range is expected at a level of $0.060For the current week, we can expect the trend to be in the range for the current week, as long as we do not have a strong return below the $0.060 level. But if the selling pressure increases, Tron's price decline can continue to the bottom of the channel, i.e. the support range of $0.056 to $0.058. This week, the TRX price volatility range is expected at a level of $0.060.