TRX bullish on Justin Sun Bullish short therm on TRX it might have so gas left volatility wise on lower timeframes
Still crypto, DYOR, NFA
TRXUSDT_26B410 trade ideas
TRXUSDT ShortLimit short on the 618 retracement of 5 to A.
Stop loss slightly above the wave 5.
Take profit on a 1:3 RR
TRXUSDTCan this currency turn its downward movement into an upward one?
Yes, it can.
How ?
By breaking the ceiling...
After breaking the roof, can he create a new roof?
Yes, it can. The price will not go up until the actor sells this currency.
Now we have a new ceiling and the number of sell positions in the flow of losses...
Pull back! The player has lost sales.
In this situation, stop loss activates the traders, they make profit, and close their selling positions.
TRXUSDT 4hEntry point : 0.077787
Stop loss : 0.081243
Take profit : 0.075545
*trigger in "1h"
** "path" pattern just show you an hypothetical path, so just remember the numbers!
TRX/USDT "Double Top" Hey traders 👋
TRX caught our attention here firstly with a nice potential for a drop to happen. We are looking closely for that neckline zone to be broken in order to see a nice breakdown to lower zones. Keeping eye!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
TRX founder Justin Sun 17 days to respond to US District Court If you haven`t sold TRX here:
Justin Sun, the CEO and founder of Tron, has been served a summons by the U.S. District Court and is required to respond within 17 days to the United States Securities and Exchange Commission's (U.S. SEC) lawsuit against him for alleged fraudulent crypto trading activity.
The Southern District of New York has given Sun a deadline to reply to the complaint, and the SEC has sent the summons to both his residential and office addresses. Failure to respond may result in a judgement against Sun in favor of the plaintiff.
I expect a major selloff before the expiration date.
looking forward to read your opinion about it.
TRX NEW UPDATE (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SEL/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
TRXUSD ❕ decline50EMA has broken down 200EMA on the 4H Timeframe.
The RSI chart is moving in bearish zone at 4H, 1H and 30m TFs.
Price has consolidated under 50EMA on the 1H Timeframe.
I believe the asset will continue to decline.
TRX/USDT 4H SHORTHello, traders! I present you with an interesting short trade opportunity for the asset. Through a detailed technical analysis, I have identified a series of bearish signals that suggest a potential downward movement in the short term.
💡Mi Vision de una IDEA DE TRADE BingX💡
TRX/USDT 4H Alto Riesgo Según mi análisis;
Entrando en 0.072290
Stop Loss de 1.55% para buscar un RR de 5.06:1, primer objetivo el 0.236 (Fibo) segundo objetivo siendo muy optimistas al maximo bajo anterior, al tener aún fuerza bajista en gráfico diario este impulso por mucho llegaría al area donde en 1D coincide con la media de 55 para seguir cayendo
TRX/USDT SHORT 4HHello, traders! I present you with an interesting short trade opportunity for the asset. Through a detailed technical analysis, I have identified a series of bearish signals that suggest a potential downward movement in the short term.
💡Mi Vision de una IDEA DE TRADE BingX💡
TRX/USDT 4H Alto Riesgo Según mi análisis;
Entrando por debajo del 0.618
Stop Loss de 1.32%, primer objetivo el 0.382 segundo objetivo siendo muy optimistas al maximo bajo anterior, al tener aún fuerza bajista en gráfico diario este impulso por mucho llegaría al 0,666 ( no es numero fibo )que también concuerda con la media de 55 en 4H y la media de 20 en 12H y esto para seguir callendo
‼️‼️Igual a la anterior‼️‼️
TRON is going to increase soon!🟡TRX is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
TRON longTRON bounced off the support level. Bullish movement to resistance level at 0.78 is expected to happen.
TRX Potential Death Spiral similar to Terra LUNAHistory repeats itself for those who haven't learned from it.
SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations.
Eight celebrities also charged for illegal touting of Sun’s crypto asset securities. But let`s say the market doesn`t care about he Securities and Exchange Commission lawsuit, like we can see reflected in TRX price right now, but...
The reason for the potential collapse of TRX Tron 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.
close your short on trxusdtHi guys ... clear like crystal why i was bearish on crypto and some alts like this last week ......
I just now close my short on trxusdt not because of it cant go lower me personally want to take my profit ... big flush that is adequate for me .
stay safe being logical is the key .
TRON retains bullish structure after liquidity grabThe move below the higher low at $0.0752 on 1 June was a liquidity hunt since this break of structure (formation of lower low) was not followed by a lower high and another lower low. Instead, prices pushed past the previous local highs at $0.08
Fibonacci retracement levels showed the 78.6% retracement at $0.0765 was retested as support and TRX bounced higher. This suggested TRX could reach higher to the 23.6% extension level at $0.0885
Entry: $0.0773
Stop-loss: $0.0738 (below the recent low)
Take-profit: $0.0885
R:R- 3.1
Given the sentiment in the crypto market, profits can also be taken near the $0.0858 mark
Accumulation Phase: #TRXUSD Buyers Prepare for Potential Rally💎#TRXUSDT has emerged as one of the standout performers this year, displaying remarkable resilience during the recent market downturn. The overwhelming presence of buyers is undeniable, indicating a strong likelihood of continued upward momentum.
💎It's worth noting that the price has reclaimed its position above the long-term uptrend trendline, which now serves as a potential support level. This suggests that buyers are actively accumulating, and could be setting the stage for a rapid rally in the near future.
💎We might witness a substantial 40% surge in #TRX, with a test of the 78.6% Fibonacci resistance or even a push towards the upper boundary of the long-term range. However, it's crucial to keep in mind that this bullish scenario remains valid only as long as #Tron maintains its position above the trendline.
Stay tuned and seize the opportunities, ParadiseClub members! 🌴💎
This is what I have for TRX on the 15MPrice has hit an order block from the most recent RBR (Rally-Base-Rally). Price also took away the liquidity with SFP's and C-SFP's Price can possibly be pulled upwards at this area, I have a tight stop loss on this one. Lets see how it plays out.
Justin has a unique styleI won't TA this in details. Just wanted to share it with respect to Justin. This guy squeezes.
Might be a good time try a short now.
TRX📊 #TRXUSDT
⏱ TIME: 1D
📝Divergence on RSI in a 4h or daily time frame as well as candlestick patterns or classic patterns can potentially lead the price downward
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
TRX: Bullish Flag BreakoutTRON (TRX) technical analysis:
Trade setup : A rare asset that’s remained in an uptrend despite the overall market correction, signaling robust demand from buyers. Price broke bullishly out of an Ascending Triangle pattern, which is a sign of an Uptrend. Price got overbought RSI ~ 80 and pulled back near $0.073-$0.075 support, briefly consolidated in a Bullish Flag pattern, and broke out again in the direction of existing uptrend. Next resistance level is $0.09.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.073, (previous resistance) then $0.065. The nearest Resistance Zone is $0.080, which it broke, then $0.090.
TRX Shows Strong GrowthTRX has experienced a growth rate exceeding 10% as a result of renewed demand, reaching the specific resistance range of $0.082-0.086. It is noteworthy to observe that this resistance level has historically elicited significant market reactions. Additionally, the price movement has consistently progressed towards the upper boundary of the medium-term ascending channel. Consequently, there exists a potential for the price trend to consolidate beneath this resistance level. The medium-term outlook for Tron remains optimistic, and under favorable market conditions, a successful breach of the current resistance level may lead to a plausible next target within the $0.10 range.
TRXUSDT(TRON) Daily tf Range Updated till 03-06-23TRXUSDT(TRON) Daily timeframe range. we all know what alt this is. #0.07816 is a solid level we can see last several times fakeout and failed here, so gotta be careful here and potential of setup here too. clearing here can lead the price to jump in above zone.
