Shorting TronI think there's a good chance it comes down to support just under 16 cents and possibly quite a bit lower depending on how to market looks at the close today and tomorrow morning. Tight stop loss, high probability. TRX is lagging behind the other alt corrections. Shortby prefabsproutUpdated 1
Tron: New High & Double-Top (Full Trade-Numbers SHORT Incl.)TRXUSDT (Tron) just produced a new high and double-top. This is one of the pairs that offers the best risk reward ratio because it trades so close near the All-Time High, near resistance. Current price action is ultra-bearish. There are many signals we can look at but let's keep it simple. Notice the high bearish volume on 21-August, this is the main bearish signal and predicts that the top is in and a major crash follows next. The crash can take days, weeks or months to happen but this is the next major move. Notice there are no huge green volume bars. If TRXUSDT were trading at bottom prices and ready to grow, you would see a very strong green volume bar before the rise, the inverse of what we are seeing now. We have an active short from August 22 and it is still valid, I will share it below for your convenience: This is just a friendly warning/reminder. Remember that leveraged trading is for experts only and carries high risk. Do your own research. I am rooting for your continued expansion. I am hoping that you can achieve your financial goals and achieve personal success. You deserve the best. Thank you for reading. Namaste.Shortby AlanSantana228
Tron Glorious SHORT Opportunity | 3-6X (300% BD-Pot.)My dear friends, here I find an amazing chart setup for a glorious SHORT on Tron (TRXUSDT). This setup becomes stronger and more appealing because of the recent final upward push. These types of moves coming out of nowhere can signal the end, the last hooray, so to speak, of a bullish trend. There is a very strong bearish divergence since February with both, the MACD and RSI. These leveraged chart setups are for experts only so I will leave out all of the small details. If you cannot accept the fact that some trades fail, then this might not be for you. Grown ups and all sort of intelligent, mature people; adults, clearly know and understand that there is risk involved in all types of undertakings. We are doing higher lev. but publicly we err on the low side. I hope that you find this information useful. Remember that leveraged trading is high risk and recommended only for experts. Mistakes can lead to full liquidation of your position and money lost. Even doing things correctly can lead to losses and this is normal when trading or in any venture in life. Trading tend to produce many winning as well as many losing trades. It doesn't matter the result of a single trade or even a trading session or period, what matters is the end result. Only non-traders would become really excited and insulting just because a failed chart setup/analysis. Decent human beings understand that sometimes things don't go our way. All the greatest traders in the world are aware that the true, real, big profits are earned in just a few simple trades. One can make many mistakes, it can be trading or even in life, and still end up a success. This is not financial advice. Patience is key. Perseverance, a good mental attitude and determination are needed for long- and short-term success. You are divine and you are allowed to make mistakes. There is nothing wrong with it and it only reflects your human nature. We learn from those mistakes to grow... If we fail, we can back bigger, better and stronger for more. A winner is the person that never gives up. Namaste.Shortby AlanSantanaUpdated 171752
TRX/USDT - Potential Short Setup🔍 TRX/USDT - Potential Short Setup 📉 Timeframe: 4H Current Price: 0.1662 USDT Trade Type: Short Chart Analysis: As we analyze the TRX/USDT chart, we can observe a developing ascending wedge pattern. The price has been moving upwards, testing the upper trendline, which suggests a potential reversal. Resistance Level: The recent high at around 0.1670 has acted as a key resistance, where we see price stalling. Support Level: A strong support area is visible around 0.1650. If this level breaks, we could see a sharper decline. Trade Setup: Entry Point: Consider entering short near the resistance level (0.1670). Stop Loss: Set above the recent high, around 0.1680 to manage risk. Take Profit: Targeting the support level at 0.1600 to secure profits as we anticipate a pullback. Volume Analysis: Notice the increase in volume during the recent price action, which typically supports a potential reversal. Conclusion: The confluence of the ascending wedge and resistance level presents a favorable short opportunity. As always, ensure to manage your risk appropriately. Happy Trading!Shortby TrendShredder1
TRON Partners With Chainlink to Strengthen Its DeFi EcosystemTRON ( AMEX:TRX ) has made a strategic move by joining forces with Chainlink SCALE, effectively making Chainlink Data Feeds the official oracle provider for TRON’s decentralized finance (DeFi) ecosystem. This collaboration marks a significant upgrade to TRON’s blockchain infrastructure, introducing high-quality and decentralized oracle solutions to TRON’s $6.5 billion total value locked (TVL) in DeFi. TRON DAO Partners with Chainlink SCALE In a strategic shift, TRON DAO recently announced its partnership with Chainlink, one of the most recognized decentralized computing platforms globally. The integration enables TRON to harness Chainlink’s industry-leading oracles, which will replace WINkLink as the primary oracle solution for TRON's ecosystem. With Chainlink Data Feeds securing more than $6.5 billion in TVL within TRON’s DeFi applications—such as JustLend and JustStable—the partnership promises to enhance security, precision, and reliability in TRON’s DeFi sector. According to TRON’s founder, Justin Sun, joining Chainlink SCALE will ensure that TRON’s DeFi environment has dependable data, a foundational necessity for the expansion of DeFi applications on the network. This new system allows developers on TRON to access high-quality pricing and market data, contributing to a more robust and scalable decentralized economy. Driving the Next Generation of DeFi on TRON The adoption of Chainlink Data Feeds on TRON means more than just a technical upgrade. It represents a pathway to expand TRON’s ecosystem while offering enhanced stability, increased scalability, and reduced operational costs for early-stage DeFi applications. Chainlink SCALE introduces a model where TRON initially covers certain gas fees for using Chainlink’s oracles, fostering DeFi growth until the ecosystem matures and user fees can sustain these costs independently. Thodoris Karakostas, head of blockchain partnerships at Chainlink Labs, voiced his enthusiasm, noting that Chainlink’s high security and reliable on-chain market data provide TRON developers with the tools needed to create the next generation of DeFi applications. This integration, he emphasized, will bolster TRON’s foundation for a decentralized internet—a vision at the core of TRON DAO’s mission. TRON’s Commitment to Growth and Innovation In addition to the Chainlink partnership, Justin Sun recently commented on TRON's growing ecosystem and the anticipated rise of memecoins on the platform. He highlighted the community’s role in supporting these developments and expressed confidence in a new growth phase if AMEX:TRX surpasses its previous peak, potentially triggering a wave of FOMO-driven interest in TRON’s DeFi and memecoin markets. This commitment to innovation signals a brighter future for TRON as a hub of decentralized finance, and Chainlink’s proven track record in supporting high-volume transactions and delivering reliable data positions TRON advantageously. Technical Analysis Currently, AMEX:TRX is trading within an overbought channel with an RSI of 77, reflecting its strong demand following the Chainlink partnership announcement. This movement aligns with previous trends observed in AMEX:TRX ’s price behavior, where periods of bearish momentum were often followed by bullish reversals. This pattern indicates TRX’s resilience and suggests potential for sustained price growth, especially with heightened interest from institutional investors and developers exploring TRON’s DeFi space. From a technical standpoint, AMEX:TRX offers a relatively stable investment opportunity, appealing to traders looking for a balance between growth and moderate risk. The blockchain’s notable transaction speed and scalability, combined with its new oracle integration, are factors that solidify its position as one of the most secure and reliable assets within the DeFi landscape. The Strategic Implications for Investors With Chainlink Data Feeds now part of TRON’s foundational infrastructure, the TRON network is positioned to enhance its appeal for DeFi developers and investors alike. The partnership not only promises to make TRON’s DeFi ecosystem more resilient and scalable but also strengthens its ecosystem’s security—vital as TRON seeks to decentralize the internet through blockchain technology and decentralized applications (dApps). The long-term implications are clear: TRON’s partnership with Chainlink represents a new era for its DeFi ecosystem. As the TRON DAO continues to expand, AMEX:TRX stands poised to benefit from increased market confidence and user adoption. For investors, this development presents an attractive opportunity to capitalize on TRON’s expanding ecosystem and DeFi potential. In summary, the TRON-Chainlink collaboration marks a transformative milestone in TRON’s roadmap. With enhanced infrastructure, reduced operational costs, and a renewed commitment to scalability, AMEX:TRX solidifies its role as a key player in the decentralized finance sector. For investors, TRON’s commitment to innovation and growth signals a robust opportunity, particularly in the evolving DeFi space.Longby DEXWireNews224
TRONUSDT CHARTLooks like TRON is aiming to grab the liquidity on the highlighted region. But the momentum is not strong enough so we may see a correction after a new ATH by qude17110
TRX ShortGonna short TRX Why: • 1D Supply • 4H liquidity POC nearby • RED RSI Entering on the Short Zone with 6 martingale orders x1.2Shortby CyberBOB_CryptoUpdated 1
Justin Sun’s Vision and the Growth of Tron’s Memecoin EcosystemJustin Sun, the visionary behind Tron, is sparking fresh excitement in the memecoin arena with his strategic moves and groundbreaking developments on the network. With the recent launch of SunPump, a platform designed to bolster memecoin creation on Tron, Sun is preparing for a “second wave” of memecoin growth, backed by continuous development, strategic community involvement, and robust ethical standards. A New Era for Tron’s Memecoins Sun believes the next growth cycle for Tron’s memecoins is imminent. He’s actively promoting a community-driven approach, which he feels is key to sparking fresh investment and driving adoption. The memecoin wave aligns with the overall growth of Tron’s native token, AMEX:TRX , which experienced a 24% boost in market capitalization in Q3 2024 alone—from $11 billion to $13.5 billion. Tron’s commitment to memecoin culture is part of a larger push to position AMEX:TRX among the top 10 cryptocurrencies, where it currently stands close behind giants like XRP and Dogecoin. Technical Outlook: TRX’s Rising Deflationary Mechanism One significant factor driving TRX’s recent performance is its robust deflationary model. With a capped total supply of 100 billion tokens, TRX's circulating supply dropped from 87.2 billion to 86.62 billion in Q3, thanks to an intensified burn schedule that increased its annual deflation rate to -2.7% from -2.4%. This steady reduction in circulating supply is a powerful mechanism that can potentially support higher valuations by restricting token availability. In August alone, Tron ( AMEX:TRX ) witnessed its largest-ever single-day burn on the SunPump platform, where 270 million AMEX:TRX tokens, valued at $42 million, were removed from circulation. This burn policy has helped sustain positive price momentum for AMEX:TRX , contributing to a 1.83% increase, currently hovering at $0.17. TRX’s pairing with BTC has also gained traction, with a notable 25% increase driven by the popularity of SunPump and heightened USDT transactions on the Tron network. SunPump’s Impact on the Tron Ecosystem SunPump’s launch marks a bold step into the world of memecoins, with SunPump acting as both a “meme fair” and a streamlined platform for creating new meme tokens on Tron’s blockchain. This initiative aims to simplify the process of memecoin creation, making it accessible to developers and investors who wish to engage with this growing market sector. SunPump has already made a splash, inspiring tokens like $SUNDOG and $TRONBULL, which rapidly gained popularity and captured the attention of the wider crypto community. Ethical Guidelines for AI Memecoins In a nod to Asimov’s Three Laws of Robotics, Sun has crafted “The Asimov Three Laws of AI Meme Coin Ethics” to ensure a fair and ethical framework for AI-driven memecoin projects on Tron. These rules emphasize that AI should avoid self-serving activities, prioritize human interests, and maintain the integrity of its own projects without harming others. Sun’s adaptation of Asimov’s principles for AI highlights Tron’s dedication to responsible innovation within the memecoin space, promoting a sustainable approach for this rapidly growing digital landscape. Technical Indicators The technical analysis for AMEX:TRX shows an optimistic outlook as the token attempts to break out of a short-term falling wedge pattern, a typically bullish indicator. Currently, AMEX:TRX has an RSI of 66, which places it in a favorable position to sustain upward momentum as it consolidates at a key support level. With Total Value Locked (TVL) in Tron reaching $7.164 billion and stablecoins pegged to the Tron network boasting a market cap of $60.34 billion, the Tron ecosystem is well-capitalized and primed for future growth. Conclusion As Tron cements its role in the memecoin space with SunPump, it has positioned itself as a blockchain with both strong technical fundamentals and a vibrant community. With TRX showing consistent growth, driven by strategic deflationary measures and a surging TVL, Tron’s prospects for continued expansion in the memecoin market look bright. Sun’s ethical guidelines for AI-driven memecoins also underscore Tron’s commitment to innovation with responsibility, making Tron a pioneering force in the memecoin space poised for the next wave of growth.Longby DEXWireNews6
TRXUSDT potential Up Trend continuationTRXUSDT pulled back toward the swap zone, which has been tested multiple times before, and took liquidity below the equal lows, creating a false breakout at this significant level. Despite this, the overall trend remains bullish, and the market may enter a short-term sideways phase between 0.1570 and 0.1650. The presence of a recent bullish candle supports the potential for upward continuation. If the market holds above the swap zone and regains momentum, a move higher is likely. The target is the resistance zone around 0.1620Longby RTED_InvestingUpdated 2
Lingrid | TRXUSDT continuation OPPORTUNITY from SWAP zoneThe price perfectly fulfilled my last idea. It hit the target level. BINANCE:TRXUSDT pulled back toward the swap zone that has been tested multiple times previously, and it took liquidity below the equal lows, creating a false breakout of this significant level. Given that the overall trend remains bullish, it seems likely that the market may enter a short-term sideways phase between the levels of 0.1570 and 0.1650. The presence of a recent bullish candle supports the idea of a potential upward continuation. If the market maintains its position above the swap zone, we could see a move higher if it regains momentum. My goal is resistance zone around 0.1620 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 7715
TRX and a broken trendline!hello guys. as you can see trx broke the ascending trend and formed a head and shoulders! we can get a position on the neckline or wait for a deeper correction! target is 0.1548 and 0.1532. let's see what happensShortby melikatrader948827
Lingrid | TRXUSDT bullish TREND Continues. Long from SUPPORTThe price perfectly fulfilled my last idea. It hit the TP. BINANCE:TRXUSDT has formed a well-defined ABC extension pattern and is creating higher highs and higher lows, which indicates bullish momentum in the market. The price reached the psychological level of 0.1600 but then pulled back. Before the upward extension, the price tested the level at 0.1575 twice, highlighting the importance of this support level. This area can be considered a potential swap zone, where buying and selling pressures may interact significantly. I expect the price to retest the support zone before resuming the upward movement, maintaining the current bullish trend. My target is resistance zone around 0.1630 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 101029
Tron: Lower High & Inverted Hammer (Something Strange)Tron's (TRXUSDT) last session closed as an inverted hammer at the top of a trend. The current session is bearish after a lower high. This is one of the most revealing signals because Tron has been really strong. If this pair gives in, the rest will also move to complete their down-turn. The difference between this chart and other Altcoins is just amazing. If we were to compared Dogecoin to Tron or Cardano to Tron, the charts are two worlds apart and yet, they tend to meet at some point. Either Tron's correction will be super fast and deep or it will break a marketwide pattern as it has never been seen before. The most likely scenario is a flash crash and catching everybody by surprise. The fact that we have these reversal signals and no new highs reveals what will happen next. The last high happened 20 days ago and produced a strong bearish signal as well. So we have two strong bearish reversal signals. Bearish reversal as in reversing the bullish trend. The correction is supposedly reaching its end, but looking at this Tron chart, no correction is present. Here we could say the correction is about to start. Knowing how tricky the owner of this project can be, he might make a move so surprising that it will leave everybody wondering, "what's up?" By the time we figure it out, all money will be gone. Total market capitalization will be cut in half. Thanks a lot for your support. Namaste.Shortby AlanSantana5519
TRX/USDT Bullish Breakout SetupTRX/USDT is showing a promising bullish setup after a sustained uptrend on the weekly chart. The price has formed a strong base around the $0.160 level and is now approaching a key resistance at $0.170. If TRX can break and hold above this level, a continuation toward the next resistance zone near $0.180 is likely, representing a potential 22% upside from current levels.Longby demomantto111
TRX-USDT [Possible (1W) Multi-Confluential C&H Pattern forming]Trx has been one of the few major cryptos seeing consistent gains recently, with a possible chance for higher price points to occur heading into Q1 of 2025. Currently looking for an open & close on the daily above the current resistance. On the chart I have made note of a few small possible price points including a possible DT, as well as some other areas of resistance which could potentially invalidate the C&H. Just figured it couldn’t hurt to throw this possibility out there in case anyone was looking for some price action other than BTC, which is usually what I stick too. But with very little market volatility currently hindering BTC for people such as myself who focus on HT swing trades and less day trading than the typical degen usually scouring the TradingView chats, I’ve started going thru all my old charts searching for better price action. This just happened to be the first one I went over. TBH, I do not trade C&H often, but with this Target breakout finding confluence with multiple other High-Interest Areas on a timeframe such as the weekly, it was hard to completely ignore. I am going to analyze a few more charts and hopefully find even better price action where I will be looking to use my more typical TA methods, and will definitely publish if I find any others. As always, remember BTC is the leader of crypto. And the S&P, the DJ, and the other heavy hitters in the traditional markets are the masters of BTC. That means if the markets take a dump, all of crypto will go with it regardless of the TA. And if BTC takes a dump for whatever reason, expect most of crypto to follow suit. Especially larger coins such as TRX, and any of the other top 50-100 cryptos. If anyone has any questions about this chart and how I reached the stated theory, please feel free to reach out and contact me. Trade safe, trade smart, and always remember it doesn’t matter what you know; the only thing that separates winners and losers is understanding Risk/Reward, knowing when to stay and to walk away, and the discipline to treat every trade as if it were a real job, not a casino. It took me the first 3 years of losing everything I put in, until I finally figured out how to control my discipline within to start capitalizing from trading. If you are new to trading, or have been trading a little while, and just can’t seem to make money consistently no matter what you have tried, reach out to me. I am not trying to sell anything. I truly just wish someone had personally reached out to me the first years that I got into the markets. It could have saved me so much headache and anxiety and stress in my life. I will always keep that feeling of absolute despair buried deep in my conscience. And if i can help anyone out there from going thru what I went thru, I would do so in a second. - Alexander Thaddeus, B.Sc. BioMath, IABAC.Longby Alexander_Thaddeus8
TRXUSDT - TRX been trading in this upwards channel since JANTRX has been trading in this upwards channel since JAN 2024 and it looks like we are going to attempt to breakout towards the top. Should we fail we can expect a retrace towards the 0.618. With the launch of sun.pump and memecoins launching on the TRON network we can expect a bullish move over the next few months. Longby AndreKlynsmith4
TRON Crypto + 3 Step Rocket Booster StrategyThe market is in a very steep decline. Everything is on sale..and if you are into dip-buying this is your moment - This is my first time experiencing a dip buy in the market it kinda sucks because the volatility is insane. This is the time to focus on risk management but if you are looking for a high edge in the cryptocurrency side of things then BINANCE:TRXUSDT is the play I think that will go on the high end of prices. Which means: #1-The price is above the 50 ema #2-The price is above the 200 ema #3-The price will go up in a trend. Because this is a bear market my last trade ideas have been dip-buy patterns so if you got caught up in the volatility without risk management am sorry that's the nature of trading. The 3 steps above are the rocket booster strategy. Rocket boost this content to learn more. Disclaimer: Trading is risky please learn risk management and profit taking strategies. Because you will lose money wether you like it or not.Longby lubosi1
After VETUSDT —-> TRX 1:1 Long Setup SettingBINANCE:TRXUSDT CRYPTO:TRXUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️ Entry Area: Yellow zone ⚡️TP: 0.1556 0.1575 0.1595 0.1619 0.1640 🔴SL: 0.1460 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.Longby CrazySUpdated 2217
TRXUSDT Potential Up trend continuation after bounce from the suSince the launch of the platform for meme coins, the Tron network has garnered significant attention in the crypto space. The price action of TRXUSDT looks promising, characterized by a smooth formation of higher highs and higher closes. Recently, the market pulled back from the resistance zone and is now testing the support level at 0.1525, which has been respected twice before. There’s potential for the market to bounce back from this support level and the upward trendline, especially with the emergence of rejection candles. The target is the resistance zone at 0.1575Longby RTED_InvestingUpdated 2
TRXUSDT | I am having mixed feelings on TRONLooking at the chart you can clear see TRX trading in a upwards channel. Looking at the RSI we are still trading in the middle of the range and there is definitely still a possibility that we can see another push up. However, looking at the volume, you can clearly see the volume decreasing and TRX loosing steam. The best outcome would be a healthy re-tracement to build up some momentum if we wanted to see TRX reach much higher prices by AndreKlynsmith0
Lingrid | TRXUSDT gaining Momentum in the Market. Potential LongSince the launch of the platform for meme coins, the Tron network has gained significant attention in the crypto space. The price action of BINANCE:TRXUSDT looks promising, by a smooth structure of higher highs and higher closes. Recently, the market made a pullback from the resistance zone and is currently testing the support level at 0.1525, which has been respected twice before. I expect the market to bounce back from this support level and the upward trendline, especially as we are observing some rejection candles forming. My target is resisatance zone at 0.1575 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid5522
TRX, the UPSHIFT has started, the whole CRYPTO will SURGE!AMEX:TRX DO YOU SEE WHAT I SEE? MASSIVE ALERT! When TRX reverses to the upside, It means the whole crypto market is preppin to move with it. USDT inflows will pick up pace signaling a buying spree event. Expect more than average upside momentum from this point onwards. Historically, this signal never misses. TRX moves first in advance, then the market gets moving after a while. Just like January 25, 2024 (BTC from 38k to 73k journey), TRX started ascending, then the market gets wild after a few days. Get ready. TAYORLongby JSALUpdated 4416