Get started

Search in ideas for "tronix"

Tron is struggling with a Weak Money Inflow..WHERE IS THE MONEY?It seems on the graph that people start loosing faith on the project since 10th of January with a significant decrease of money inflow. Tron did pass this step in the past and might recover from that in the following months but again I will watch closely the money inflow for TRX and see if a significant sign of reversal can happen. When you work on chart, you might have a lot of noise that can alter your interpretation and then your forecasting. Many things come in mind when dealing with this data and the one I prefer is Multiple Imputation to remove basically the data that does not make sense (the outliers) or replace them by data that make more sense. The outliers for the Trx case is definitely the surge in price after Justin Sun, the CEO, came with an announcement that Tron will partner with a TOP 100 Nasdaq company. Seems that people were expecting a big name like Alibaba or TENCENT, but Boafeng (Netflix of China) came up and no one knew about it. They are hiring many big names from large companies so I'll update the chart based on the money that is going in and MACD. Stay tuned! And trade safely
by UnknownUnicorn1484312
6
TRX/BTC - Free Falling till 0.00000413 and then to 0.00000223I noted important points on the graph, but let me explain a bit. TRX broke all good and strong supports and felt into the Free Falling area . The market itself will push it into the dip unless some whale investors buy huge amounts. So it's all up to chance now. However, you can follow news about TRX. Anyway, I'm not optimistic about that. There can be hope if only it passes above 0.00000709 point which is the First Resistance (weak) . In my opinion, It'll fall till 0.00000413 which is Very Weak First Support . And then if it falls below this level, it'll drown to the level of 0.00000223 which is the First Strong Support level . However, this means 100% decrease when we compare it with the current level. After this point it will have 2 options in the LONG term: 1) To pump to the moon again; 2) To lose all its power sinking towards the dip level of 0.00000025 which is the next Lasr Strong Support level in current situation.
Short
by franzfransua
Tron ( TRZ) FlagWhat Is Tron? Tron is a blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Founded in 2017 by a Singapore non-profit organization, the Tron Foundation, Tron aims to host a global entertainment system for the cost-effective sharing of digital content. Initially marketed primarily in Asia, Tron had now gone global. The platform had more than 50 million accounts as of August 2021. 1 Founded by Justin Sun, now its CEO, Tron has offices in Singapore and San Francisco. Born in 1990, Sun also is the CEO of BitTorrent, the file-sharing program. Tron is a blockchain-based digital platform that primarily hosts entertainment applications. It has its own in-house cryptocurrency, called Tronix or TRX. TRX ranks 31st among cryptocurrencies in market capitalization. LEVERAGE: X5
Long
by ByteMEME
1
$TRXUSD entry PTs .001804-.0068-.051865 Next Target PT 2.40-17TRON Coin Price & Market Data TRON price today is $0.059529663343 with a 24-hour trading volume of $658,735,152. TRX price is up 3.9% in the last 24 hours. It has a circulating supply of 100 Billion TRX coins and a total supply of 102 Billion. If you are looking to buy or sell TRON, HitBTC is currently the most active exchange. What is Tron? Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX). Who created Tron? The Tron blockchain was created by Tron Foundation, a Singapore based organization that is currently headed by Justin Sun. Prior to creating the Tron Foundation, Sun founded Peiwo, an app that aspires to be the Asian Snapchat. This app got Sun into the 2017 Forbes 30 under 30 list. Sun was also the former Chief Representative of Ripple in China and a graduate of Hupan University. Tron came about after a successful ICO which raised over $70 million in September 2017. What is the Value of Tron? Using the blockchain and its decentralized smart contract capability, the idea of Tron is that users will experience a decentralized internet where “middlemen” such as Google and Facebook are not needed for users to access content. To draw an example, currently the most ubiquitous video sharing platform is Youtube, which is a privately owned company with privately owned servers that stores and serves video to its viewers. However, using Youtube’s services means that creators and users have to comply with Youtube's terms of service and may have to pay for its content in one way or another. Creators on the Youtube platform may earn a share of Youtube’s revenue, but the pay structure is entirely up to Youtube’s discretion. Tron aims to replace services such as Youtube and others by becoming the decentralized infrastructure in which users can connect directly with creators and pay the creators directly for the content they wish to consume. How does the Tron Blockchain work? The TRON protocol runs on a Delegated Proof of Stake (DPoS) Governance Model. This allows users to perform transactions with close to zero-fee whilst still being resistant towards transaction spam. Transactions on the Tron Blockchain are maintained by a consortium of Super Representatives (SR) that are voted in by TRX holders who have locked their stake in the form of Tron Power. There are 27 top-voted Super Representatives and 100 Super Representative Candidates. The hierarchy of SR and SR Candidates are readjusted every 6 hours based on the number of votes they receive from Tron Power holders. Can I mine Tron? No, you can’t mine Tron because Tron runs on a Delegated Proof of Stake consensus algorithm. This is different from Bitcoin which uses the Proof of Work algorithm. New Tron tokens are created as block rewards for elected Super Representatives. This serves as an incentive to the Super Representatives in maintaining the integrity of the Tron network. You can participate by staking your TRX and voting for your desired Super Representative. What can I do on Tron? At its core, Tron is a smart contract platform. Specifically, it is built to be Ethereum Virtual Machine (EVM) compatible, meaning it has a Turing complete virtual machine capability. Executing smart contracts on Tron is similar to Ethereum. On the other hand, whilst Ethereum operates on the gas fee transaction model, Tron operates on the Bandwidth model, which is similar to that of EOS. This is how transactions on Tron can be much cheaper and more seamless than Ethereum. Just as one can issue smart contract tokens such as ERC-20, ERC-1155 and others on Ethereum, it is also possible to issue smart contract tokens on the Tron too. There are currently 2 token standards possible on Tron, namely TRC10 and TRC20. Various TRC10 and TRC20 tokens have been issued on Tron with various use cases. Where can I use my TRX? There are numerous Decentralized Appliactions (Dapps) built on the Tron Blockchain, many of which require the use of the native Tronix (TRX) token. You can easily swap your TRX for TRC10 tokens which are used by many Dapps on the Tron Blockchain such as BitTorrent, 888Tron and others. How to store my TRX? The Tron Foundation has made it very easy for users to store and utilize TRX in their day-to-day online activities. The Foundation recommends TronLink and TronWallet as their official community developed wallet. You can also store and use your TRX in most other widely recognized wallet brands such as Trust Wallet, Ledger, Cobo Wallet and others. Where can I trade TRX? You can see the full list of exchanges trading TRX right here on this page. CoinGecko continually tracks the latest market movement of TRX and provides this data for you.
BINANCE:TRXUSDLong
by BADQOMOCAWGOWLD
1
TRX/BTC - bull flag looks will be broken below.Hey, hello ! After longer time, I made this 4 hour Tronix chart. It´s pretty easy. I will just watching this actual trend Fibonacci retracement. I also added a green support line, because I think, there is a pretty strong support not shown now , because I draw Fibo only to this last trend. A lot of people has a big expectations by 31 March & Tron announcments. But now is looking more to fall, paralelly with Bitcoin. As always. Blue EMA 20 ( orange ) represents support & I hope, 4hours candle will not closed below. The worst could be, If Tron breaks below yellow flag and continue to 200 EMA ( red ). If BTC falls deep, It is possible. Not for now, It takes a time ( maybe 1 month ). As you can see, red EMA sits at 382 Fibo retracement. EMA200 is also near to cross with grey line of lower Bollinger Band. Make you sense now ?? : ) I guess, this is possible level, where can Tronix dip, If comes bigger SELL OUT, in reason , If BTC will start rapidly decrease value. But of course, we are still in yellow bull flag and maybe Tron will do a nice jump : ) That will be cool. It´s not decided yet ! Watch price action & If you trade, be careful : ) I will do an update . If you agree, leave like please. SIncerelly, Mario Emvo. *This is not a financial advice. *For educational pursposes only.
by EmVi
Greetings, Programs! The Grid. A Digital Frontier - TRON! (TRX)Friends, Traders, TRON has shown strength recently breaking out of it's downward resistance. Overall, I am bullish! Because, the crypto market looks great right now, however.... Proceed with caution! Now, I am not saying this WILL or WILL NOT happen, this is just a warning! The flow of time is always cruel. It's speed seems different for each person, but no one can change it... It appears, that there is some possibility of a fractal on the daily chart here with Tronix. The reaction to entering a new Fibonacci time zone will soon give us a clue if this is in play. If so, I expect a drop under 500 Satoshi could be possible in the shorter term! Refer to the dotted lines. Now, This time our overhead resistance is not so close, decreasing the chances for such a scenario, but as I was looking this over I figured it would be worth it to make you aware! Good luck, traders! Study the Golden Ratio.
by vox-populi
#TRON Im getting my long position - I think the bottom is nearlyHi everyone :) It's been a while since I traded TRON now last time, and I see again now the possibility of a long trade, this time I take a position with 20x leverange. What I see is that TRON now moves to take a breakout of the falling wegde hopefully, and that's something it must do now as it's soon finished the wegde I therefore believe in a long position here, since most news around TRON lately has been fundamentally good, removed from the hype. 20bb shows signs of bullishness inside the 200bb, and i also think we are very close to the bottom from this long downtrend and its time to get some buyers into trx again. EasyX Community: -We are a small Community who help each other as good as possible, but especially the most recent ones who need to learn from someone who has already learned. -Want to learn more about Technical Analysis and to become a better trader? -We believe in sharing knowledge and learning from each other is the strength of success. -Gladly join the Discord Community and participate to trade with us - You are welcome :) - discord.gg -
Long
by Porshy
2
#TRX need to chill a bit, not ready for a new run atmHi all. Here's an update of my current chart. I have now changed my pitchfork to our new newer high which makes it easy to see its channel. This is what I see the next few days. -I see clearly that we are over-bought at 1 day Rsi, it shows today that it will go down. We are currently around 78, which is somewhat oversold. I can see for me that RSI is now going down to around 60 on the RSI bar, we have also seen the trend in the last few hours on the 4-day chart, I think this will fall further lower. -Macd on the 1 day chart also shows signs that we will have some slightly smaller volumes on the purchase page. If TRX wants to go higher in the coming day, then we need a huge volume into it. so that we can not break below the up trend on rsi bar we've had in recent days. But i expect it to take a more or less common pullback move for consolidation to go on new heights. There are probably many who disagree with me, but I never like to trade at high risk and I now think that TRX is a big risk to be traded atm. My purchase zones are: Different places between 950 \ 930 \ 880 Again, do not make their choices based on my charts or opinions. Do your own research :) Pace.
Short
by Porshy
7
TRX/BTC (Binance)------100% ROI Daily TradeTRX/BTC on (Binance)----> 100% R.O.I. Potential Daily Chart. Short-Term Trade Idea. Long Play on TRX TRX/Tron has been hybernating since it last went to the Moon and it recently just broke out with volume confirmation. Test Net Launch is t-7days away and the anticipation + marketing by the founder is known to be a huge impact. Here's the play: Entry: Wait for a pull back on the daily-chart based on a FIB ratio (23.6%, 38.2%, 50%, 61.8%) or if none---> zoom into an intra-day chart (5m or 15m) and wait for one there. TRX can blast off any second so play close attention. Only enter if you see volume confirmation. Exit: First Target: 0.00010 range Second Target: 0.00012 range Hit the Like Button if you Dig. Good Luck! **This is not financial advice. This trade is for educational purposes only. Always trade responsibly & don't lose more than you can afford.***
Long
by shahstarter
TRXBTC - EMA´s crossedHi again ! Today I like to share my new current idea for Tron , at 1 hour candles. It´s same at higher timeframes, but for better refreshing I used 1h. I paying attention to FIBO levels 618 and 0.5 , where sits actual support and resistance zone. If we brake above , It can be signal for more uptrend. Also EMA 50&20 were crossed. But maybe it was only "pump" effect because of listed at UPBIT. It´s very likely... Maybe , I will be finally surprised & TRON really jump to 884 level ( circa 0.06$ ), as I was today : ) A lot of coins falling, so maybe some trader take out profits and will move to Tronix. But yes, whole market falling yet and probably most of trader will sell at 5 cents again. We need more BTC dominace ( 55-60% ) and bigger market cap ! I hope, TRX will hit 884 to the Mainnet launch May 31th. For now, I will tracking next TRX moves. Friday and weekend could by very interesting ... Tip: I edit and set up RSI up and lower line to 90 and 25. It´s better to edit and make it fit to every crypto chart for beter view . That´s all from me and if you agree, please leave a like . Mario Emvo. *This is not a financial advice.
by EmVi
TRX/BTC---> BINANCE 100% ROI POTENTIAL TRX / TRON POTENTIAL 100 % ROI Daily Chart. Short-Term Trade Idea. Long Play on TRX/BTC (BINANCE) TRX has been bleeding since it went to Mars last time and it's ready to bounce as seen in last 3 days with volume confirmation. Potential short-term long play for quick 100 % ROI. Tron is known to move fast and furious especially with its Test Net Launch Countdown in T-7 days. Entry: Wait for a pull back on the daily chart based on a FIB ratio (23.6%, 38.2%, 50%, 61.8%) or if unlikely----> enter on intra-day (5min or 15 min chart) Fib Ratio Exit: First Target: 0.00010 Second Target: 0.00012 Hit the Like Button if you Dig. Good Luck! **This is not financial advice. This trade is for educational purposes only. Always trade responsibly & don't lose more than you can afford.***
Long
by shahstarter
TRON TRX Breaking Pattern? Possible Moon 10X (LOW RISK)TRON has huge long term potential, but here we will observe short term movement. As you see on chart we have falling wedge like movement which most of the times results in bounce up! With that said it is difficult to correctly estimate how severe movement will be this time. We know that we expect massive amount of positivity from TRON and Justin Sun with 10X minimum this year in 2018. Short term, we would like to be conservative at estimate 40% price increase however we would still recommend stop losses if you're a short term trader. Trade qualifies for short term safe trade if stop losses are set at 10% Members will receive more conclusive analysis on this coin upon request. Main price movement is expected to come from new partnership announcements in Q1-Q2 Do not invest what you can't afford to lose. We are not your financial advisors, surprise!
Long
by CryptoManiac101
TRX/BTC - my FIBO traversal triangles breakout IDEA.Hello friends ! I right now make new idea about TRX at 1 DAY candle timeframe : ) It consists from overall Binance supports, FIBO retracement levels, triangels and my beginner thoughts too . As you can see, TRX makes couple traverses here, that I consider as points of potential brakeouts & next trend determination. However, I am only beginner . So feel free to leave yours like, advice, comment or links. Will be helpfull. If you want to know my personal opinion. I guess, TRX will not goes lower than 390 Satoshi. It is possible, but TRON got a lot of lower supports nearly behind. But everything depends from next moves of Bitcoin, as usually. It´s true, TRX not long ago reached 25 cents. In this case, BTC needed to falls around 7500 $. So you need to watch BTC paralelly with TRONIX. Please, keep in mind, it´s only my opinion and definetly not a financial advice. *For educational purpose only. DYOR - Do Your Own Research.
by EmVi