Trxusdt with good setupRisk management is key book your profits when you making 1:3 and tn let it run for tp
TRXUSDT_A98D8A trade ideas
TRXUSDTTRXUSDT is trading under the declining in descending parallel channel and break through Support and closed below this zone. now the price perfectly retest of broken level
Will the sellers attack again and send the price to 0.0830 level?
What you guys think of this idea ?
TRXUSDTHello snipers, nothing is impossible. In the one-day time frame, after hitting the upper line of the ascending channel, the price will decline to the bottom of the channel, in between there is a 103-day moving average that can provide good support and reverse the trend. All analyzes are only possibilities.
TRX: A bearish wave has already been confirmedTRX: A bearish wave has already been confirmed
During these days the price was moving down with very low volume and we can
see the final pattern was a type of triangle that was losing volume.
We have a minimum confirmation and this can push the price down this time.
Considering also the TRX price position it can be also an aggressive move as well.
Targets:
🎯 0.08300
🎯 0.08050
You may find more details on the chart!
Thank you and Good Luck!
Above 0.07679: Expected to create a new upward waveHello?
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Since we operate a stablecoin based on TRX, a drop in price can be a very dangerous warning.
Accordingly, it is one of the coins (tokens) that must be certain about how profits will be realized during trading.
In that sense, if it falls below 0.05378, it is necessary to check the movement of the stable coin (USDD).
(TRXUSDT chart)
If the price remains above 0.07679, it is expected to create a new wave.
(1W chart)
It is necessary to check whether the price can be maintained above 0.07725 and rise above 0.11964.
(1D chart)
Since it has fallen from a rising channel, I think it is highly likely that the current trend will continue until a new trend is created.
Since the StochRSI indicator is currently in the oversold zone, it is necessary to check at which point or zone it receives support or resistance when it leaves the oversold zone.
Accordingly, it is necessary to check whether it can quickly rise above 0.08867 or be supported around 0.08177.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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TRX going to lose the trend lineTRX going to lose the trend line after breaking the ylw zone we starting downtrend
TRXUSDTTRXUSDT is in bearish trend.
potentially printing LH and LL>
No sign of reversal here.
We buy at cmp because value at 0.382 fib num.
Price will retrace from here.
TRX - short positionHello my fellow traders, Tron chart looks like we could see a deviation above range high which could lead in break of trend line to the downside. TRX / BTC chart looks similar so I have a conviction that after price gets back in range we will see a continuation. At the moment trade is still more risky as we are above 0.084$. Watch for a break down.
Good luck.
🟩 TRXUSD - best crypto I can findThis is the best crypto coin that I can find.
VOLUME
On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right.
PATTERN
The Pattern printed is a typical VCP (for the Minervini students)
BASE CHARACTERISTICS
We have very strong positive week closes on the bottom of each contraction. Every week has closed +40% of its close range.
RELATIVE STRENGTH
The RS compared to ETH or BTC is off the chart!
If I am to buy any crypto this one looks like a real high probability setup
TRXUSDT BUY SETUPTRX potential making HNS PATTERN
you can buy now or buy limit
GoodLuck guys !
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TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀
💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur.
💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level.
Keep your charts updated and Stay one step ahead of the market 🌴
TRON H1 2023 OverviewTRON is an open-source, public blockchain network designed for the creation and
deployment of decentralized applications (dApps) founded in 2017. TRON officially
became a decentralized autonomous organization (DAO) in Dec 2021, making it one of the
largest community-governed DAOs.
It employs a Delegated-Proof-of-Stake (DPoS) consensus mechanism, where 27 Super
Representatives are elected every six hours to maintain the network. TRON's Virtual
Machine (TVM), which uses "Energy & Bandwidth" instead of gas, allows affordable
execution of smart contracts and is compatible with Ethereum's Virtual Machine (EVM).
With a multi-layered architecture, TRON is recognized for its high transaction speed, low
cost, and hosts the largest circulating supply of stablecoin Tether (USDT).
Fundamentals and Performance
At the end of H1 2023, TRON’s block height exceeded 52.5 million. There were 7,385
nodes across the network, representing a 33.5% increase over H1.
In early April, the deployment of Stake 2.0 (TIP-467) on TRON’s mainnet was approved.
Stake 2.0 aims to bring greater flexibility to the TRON staking model, enhancing resource
utilization and system stability. It separates high-frequency resource delegation from low frequency staking operations, allowing resource re-delegation without unstaking and
improving resource management. By adding stake, delegate, and vote commands to the
TRON Virtual Machine (TVM), it expands use-cases and supports more applications.
Moreover, Stake 2.0 introduces a delay in unstaked TRX arrival to bolster the staking
model's stability and create a more predictable network for participants while removing
the 3-day non-voting period.
At the end of H1, TRX staked through Stake 2.0 accounted for 10.8% of the total stake,
benefiting from added support for Stake 2.0 by the likes of Trust Wallet, Gaurda Wallet,
NOW Wallet, and Via Wallet, among others.
For the full report click here .
TRX CAN FALL VERY SOON (1D)The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric!
But the trx went above the red box of the previous analysis and made a stop hunt.
I think we are at the end of wave F and we will have a fall for wave G.
In the red box, we are looking for a downward trigger to enter the sell/short position.
The green area is relatively strong support.
I specified the invalidation level, closing a daily candle above this level will violate the analysis
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
TRX trading planHorizontal supp/resis lines in yellow
2 ascending support lines
ascending RSI support line
Breakdown depends on BTC movement in terms of timeline
trend is bullish looking for the long entryH4 Support 0.07188 to 0.07279
H4 Resistance 0.09115 to 0.09439
H1 Support 0.08793 to 0.08831
H1 Resistance 0.08938 to 0.08988
the overall trend is up price has recently broken its H1 resistance level,
on retesting the previous resistance level, we can find the buy reason and take a long entry
target should be the resistance level of H4
TRXUSDTThis is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its support zone and, following a bullish pattern, move towards the resistance zones after it hits the support line and establishes itself above it. If it breaks and establishes itself below the line, it can start moving towards its next support line after a pullback.
TRX Crypto TRON Sell TP = 0.08602On the hour chart the trend started on Sept. 29 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.08602
But we should not forget about SL = 0.0899
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
TRXUSD ❕ reached the resistanceRSI is in overbought zone on 4H and 1H Timeframes.
Price has formed a divergence.
TRX formed an inverted hammer (30m TF)
I expect a correction.
Rising wedge AMEX:TRX 🧐 Nice rising wedge, however I still need a break below that dotted line for sellers to take back full control..Only a matter of time..⏳✍
💡Trade Idea #TRX/USDT:#Tron looks insanely bullish on the daily timeframe. Look at the latest fakeout. If we break this pattern upwards try to act fast. A possibility to make sweet gains, but also there is a chance to get “sweetly” liquidated.
TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support .
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Calculate Your Risk/Reward!
This is not financial advice. This is for educational purposes only.
TRX Elliot wave predictionIn my point of view coming days we can see TRX in 0.83$ area. Then it may retrace back to 0.69$ area or below. In the end of this year TRX may start it's 3rd wave and can pump to previous ATH
TRX Short, JustLend insolvency, very asymmetrical risk-rewardReally there's no reason for me to post this here, but since ideas (at least the chart) cannot be edited retro-actively, maybe I'll get hired off of this and someone will give me 100 mill to play with at a trading desk once my theory proves correct.
I believe Justin Sun's JustLend platform is insolvent and it's another Terra Luna / FTX type situation brewing. On top of that, going just by TRX's chart and TA alone, it's primed for a major correction.
All other major DeFi lending platforms have roughly $1.5 - $3 dollars on the supply side for every $1 on the borrow side. Since the borrow side APYs are often 2-3x higher than supply side APYs, these numbers at glance make sense and seem sustainable, dare I even say, Allah forgive me, profitable for the platform.
AAVE TVL $4.597b
AAVE BORROWED $2.478b
COMP TVL $1.923b
COMP BORROWED $909.26m
SPARK TVL $441m
SPARK BORROWED $199.88m
VENUS TVL $957.03M
VENUS BORROWED $334.32M
(Core pool)
MORPHO TVL $917.95M
MORPHO BORROWED $463.97M
Queue Justin Sun's JustLend.
For every $1 on the borrow side, there's...$55 on the supply side. Yup.
It doesn't take a PhD mathematician to understand that in order for a supply-borrow ratio of 55:1 to be sustainable whilst offering DeFi market competitive APY rates, the borrowers would have to pay such obscenely high interest rates, it would put your local friendly loansharks Vlad & Olek to shame.
Yet, JustLend seems to offer APY's comparable to platforms with a healthy supply-borrow ratios. How is this sustainable then? Fraud, stupidity and debauchery - going by occam's razor.
So Justin Sun being a crafty little fella, wanted to get his hands on the crypto equivalent of JPow's LaserJet 9000 HP, ideally without the public's knowledge
He then proceeded to recently print nearly a billion USD "worth" of TUSD, and deposit that into his platform
He staked Wrapped Staked USDT (wstUSDT) because there's no borrow APY but massive supply APY.
So even at 0% pool utilization from the borrower's side, there's 4.21% APY for the supply side. Where the hell is this money coming from? Well, fret not, as Justin as a one word answer for us. T-Bills. Yep.
However there isn't a single iota of proof anywhere, on-chain or off-chain, that these T-Bills exists and are actually sitting somewhere, bought by real hard cash, earning that sweet sweet 5%.
Furthermore, T-Bills are 5%, but some pools offer at high utilization % of the pool upwards of 30% APYs.
The entirety of JustLend feels like 2 + 2 = apple pie. Nothing here adds up or checks out, but maybe I'm just too autistic to understand Justin's genius.
wstUSDT, the made up "stablecoin" by Justin actually has a higher supply side APY than borrow APY. This is like your local retail bank giving you a 3% mortgage while the feds fund rate is at 5.5%. It doesn't make any sense.
There could be multiple explanations for what he's doing with the printed TUSD.
1) Best case scenario, there's unironically $850~ mill sitting somewhere, actually backing these TUSD tokens 1:1. Which means he deposited the money into his own pool, in order to farm his own token, to launder money.
Either "Look guys, I didn't print this money out of thin air, I farmed it in my lending platform"
Or "This is not dirty money, look I launde...I mean earned it via farming it in my lending platform"
2) The unfortunately much more likely scenario, is that Justin's billion dollar airdrop isn't backed 1:1 by real cash, and quite possibly isn't backed at all due to him having direct access to the Print button. He's deposited the money into his platform to prop the failing platform up, in order to be able to cover the large discrepancy between what borrowers are paying for the platform versus the APY that has been promised to the liquidity suppliers.
Possibly using the farmed tokens to swap them out for other (supposedly farmed) rewards in the backend to be able to pay out those yields.
I will post more tidbits in the comments later. I'm not able to post links unfortunately, but everything I talk about can easily be verified by google.
