TRON longTRON bounced off the support level. Bullish movement to resistance level at 0.78 is expected to happen.Longby Cryptobees_buzzPublished 5
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.Shortby TopgOptionsPublished 116
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 . by Logical_MarketsPublished 1
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 markLongby AMBCrypto_TAUpdated 4
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! 🌴💎Longby MyCryptoParadisePublished 1
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.Longby UnknownUnicorn48994312Updated 6
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.Shortby UnknownUnicorn17387766Updated 118
Short position for trxGood position for scalp Back to the strong prz Good luck 👍 Shortby kingtrader1996Published 7
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❌Shortby lilebiPublished 5
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.Longby altFINSPublished 3
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.by MonoCoinSignalPublished 2228
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. by cryptoforever1Published 0
TRX: Bullish FlagTRON (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, which could be a potential swing entry with upside potential to $0.09. After a sharp move up, price is consolidating in a Bullish Flag pattern, which typically resolves with a breakout in the direction of existing uptrend. 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 Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $0.073, (previous resistance) then $0.065. The nearest Resistance Zone is $0.080, then $0.090.Longby altFINSPublished 3
Crypto #TRXUSD Buy TF H1. TP = 0.07589On the hour chart the trend started on June 1 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.07589 But do not forget about SL = 0.07398 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTradingLongby WeBelieveInTradingUpdated 114
Crypto TRXUSD Sell TF H4. TP = 0.07423On the 4-hour chart, the trend started on May 25 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.07423 But do not forget about the SL = 0.0797 Using a trailing stop is also a good idea! Good luck! Regards, WeBelieveInTradingShortby WeBelieveInTradingUpdated 1
Tron testing on day time frameI am testing a modified script for trading on short and long-term segments, do not open positions without your own TA, stoploss is only indicativeShortby BitcoinblockchainonlineUpdated 2
TRXUSDTRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision. Thank you. Good luckLongby XV214Published 2
TRX Analysis For Education This is a key level for TRX at the Supply Zone. Look how many times it respected this level regardless of whether it was touching it or approaching it. Once we get a confirmation, we can predict the direction. AM expecting reversal as per the recent moves. Check it closely Shortby GroomAbrhamPublished 2
trxusdt are you rdy ?🧨😉Hello, today's analysis is the analysis of the TRX currency. For the TRX trend, we see an upward trend. In this upward trend, it will see and must see 2 targets. We have specified the targets 0.09128 and 0.12765 for you. that you can take a good profit from this upward trend. be successful and victorious.by ManochehrAzarPublished 225
#TRXUSDT #LQR #TOBTC #LaqiraProtocolSpecific support and numbers on the chart can have a scalp trade. Certain Levels are obtained from the cross of static and fib levels. Please enter the trade after confirmation This analysis is not an offer to buy or sellLongby tobtctradingPublished 4
TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) was slightly higher on Thursday as the coin moved back to one-year highs. TRX/USD climbed to an intraday high of 0.07819 earlier today after hitting a low of 0.07651 The move came as prices recovered after yesterday's fall, resulting in profit booking. the upside came as the 14-day Relative Strength Index (RSI) found a support point. The floor above was at the 70.00 level, which is already deep in overbought territory. Price strength now tracking 70.42, bears may try to send the coin higher in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank youby CryptoSanders9563Published 6
TRONUSDT (4H) - Bullish wave LTFHi Traders TRONUSDT (4H Timeframe) A high probability, entry signal to go LONG will be given with the upward break of 0.0784 after the market found support at 0.0764. Only the downward break of 0.0764 would cancel the bullish scenario. Trade details Entry: 0.0784 Stop loss: 0.0764 Take profit 1: 0.0820 Take profit 2: 0.0856 Score: 8 Strategy: Bullish wave LTF Longby AvramisPublished 111
🔥 TRX Pumping On Zero Fee Bitcoin Trading: Great Long Term PlaySince the 22nd of March this year, the BTC/TUSD pair is tradable on Binance with zero fees. TUSD is the stable coin connected to TRX (Tron). Ever since the zero fee trading went live, TRX has been outperforming Bitcoin by quite a margin. As seen on the chart below, the TRX/BTC pair has been pumping for weeks now, whilst the majority of tokens have been losing value against Bitcoin. TRX is not some new hot token of the moment, so there's little reason for it to pump organically, so my assumption is that zero fee BTC/TUSD trading has increased demand for TUSD, and thus increased demand for TRX since it's an algorithmically pegged stablecoin (like LUNA and USTC). As long as this zero fee trading is in effect, I'd wager that the demand for TRX will only increase from here, especially when the "real" bull-market will start and volume will increase next year or so. Do you think TRX is a good long-term play, or is this pump temporary? Share your thoughts 🙏Longby FieryTradingPublished 8814