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TRON (TRX), JUSTIN SUN: PUMP IT !Salve Whats up guys Are enjoyin bull run? lets talk about TRX, 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).. tg 0.14-0.15-0.17-0.2 sl 0.012 0.011 have fun ciao
by amirsediq
3
$TRX: Road to Redemption or Plot to Steal All My Money?If you all knew how much money I've lost on reckless TRX moves over the years you would be ashamed. But like any good Mongoose I just don't learn my lesson until I bite the head completely off of the snake. If this thing takes off there is plenty of room for profits. Let's give it a go shall we? Oh and if you're reading this Justin Sun, you suck. Warnings: If BTC continues on a tear TRX is almost aways guaranteed to plummet. So if we see another bull run we could see 75 sat and lower range. Also, this coin is cursed so good luck.
Long
by Teammongoose2
4
Tron's Swan Song: The Ballad of Justin SunHUOBI:TRXUSDT - 1D Disclaimer : This post will be laden with brutal fundamental analysis as it relates to the burgeoning DeFi segment. Tron. It's had a scammy reputation in the crypto sector for a while. Maxis hate every alt, ETHeads despise Tron for copying their whitepaper and protocol components. Fan & moonbois of other platforms use Tron as a bottom tier goal post in measuring their own performance. CryptoTwitter rags on Justin Sun for his fake followers and penchant for announcing announcements about an announcement. Yet, through it all, Tron is currently the best platform for DeFi exposure. Yes...I didn't mis-speak. Tron is currently the best platform for DeFi exposure. I'm not saying Tron has the most volume, or the best tokens. ETH blows everything out of the water but it comes at a hefty price in the form of gas. If, as a segment, we're screaming "DeFi DeFi DeFi" then what's the response to "why does it cost me $380 to buy $30 worth of tokens?" You can't invite the world in to rape them with tx fees and ETH 2.0 is so far away you can't offer that as a solution with a straight face; nor does it solve the issue at hand. Peruse DAPPradar and look at users on non-ETH platforms. Tron and BSC are the only chains with users and volume. BSC is cobbled together using custom metamask networks and broken BSC wallet links, so it doesn't have the usability that is needed for new entrants. The founders are also a mish-mash of globally organized, yet disconnected, entities that restrict certain activity on national IP levels. Additionally, it costs something like 1200 BNB to create a smart contract on BSC, which at present is ~$85,000. It doesn't cost large sums of money to transact on the Tron network. You can stake tokens for smart contract energy and pay zero fees at all. You can create a token for 1024 Tron. You get free bandwidth to send tokens daily. Is the Tron platform a less than ideal decentralized system? Yes. Is the Tron network full of scams and potentially dangerous investments? Yes. Does Tron do anything other than copy Ethereum? No. None of that matters as right now, it offers the best overall environment to transact in DeFi. It has the lowest fees, best user experience, a plethora of DeFi abilities, and is lead by one of the most recognizable faces in crypto on the planet - who happens to be a major influencer in the Chinese market. Tron's market share is going to grow substantially while superior alternatives like Cardano, Cosmos, and Polkadot build out. Tron has a 6-10 month window to capture large portions of ETH's audience as well as new entrants, and that's exactly where this chart is leading us. April 9, 2018 Tron was trading at $.033. May 1, 2018 Tron was trading at $.10. In three weeks it 3x'd. This chart is built off that rise and fall, and it is worth mentioning that a three week rise to $.10 is entirely possible - and even more likely as Ether gatekeeps new entrants to DeFi. Tron is currently printing a 19 month long inverse head and shoulders pattern, with the neckline right at 4c. The neckline has been pierced twice already by towering wicks that defied the upper BBand. These wicks were promptly rejected and that's what's brought us to this current, stabilized rally. I'm looking for a strong upward movement within the upper BBand & EMA7 as TRX approaches the neckline. I'll enter in around $.0415 with a target $.065. The pink lines represent minor resistance while the orange lines present larger challenges. I wouldn't be surprised to see Tron trade within the orange lines for the largest period of time in its rise back to 10c. I'll re-enter upon confirmation of $.077 and smooth sail to $.091. Depending upon volume and momentum, I'll either bail there after or ride to 10c. Keep in mind Tron's previous ATH was $.25 and that was spurred by a large influx of Redditors and Sun just bought the top of GME and AMC to advertise to Redditors again. The mashup of fundamental and technical analysis in this post is to provide a better view of what factors will drive this price up. Tron is going to shoot up as people offboard ETH and new crypto entrants onboard DeFi. That action, as well as general market movements, will have Tron super-bullish in the Year of the Ox. And I say all of this as someone who has typically been critical of Tron whilst supportive of its competitors. This is not investment advice and trading cryptocurrency is high risk.
Long
by LoDoCrypto
4
TRON - ROCKET READY?Let me know your thoughts! TRON was one of the best-performing coins of 2017 and has since dropped a considerable amount since then - Currently, TRX has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday. If TRX can break above a strong resistance zone between $0.033 and $0.040 we could potentially see quite a large increase. short term target $0.055 long term target $0.10 stop-loss $0.027 ''Buy Big Sell BIGGER'' - MegaWhale
BITFINEX:TRXUSD
by MegaWhale
8
Chart Pattern Inconsistencies TRXWithin TRX we can see a bearish rising wedge with an angle of 8 degrees within a falling wedge also we can see a bullish rising wedge with a less sharp angle Is this second rising wedge acting as a flag pole for the apparent flag that has formed above the falling wedge? We will see. Apart from this, talking about Tron, I see some potential as I was once a hodler, so I must of seen something pure about the coin in my past. Potential Ethereum competitor imo.
by Bixley
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move. Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one. From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher. First target is 0.0305 (10%) Second target is 0.0357 (30%) Good luck with this trade! Tibor
Long
by TiborVrbovsky
5
Tron is Breaking out from a Flag!So just another quick analysis, this time looking at TRX. I am not really a fan of TRX token, but you may know that TRX was the only coin that was breaking out while Bitcoin was sharply falling down. Using that fact with psychology and considering the price is in a bull flag, I expect TRX to perform a 14% move from current price easily. I was buying some at the price of $0.031 and sharing it with my free group That's it from this idea, straight to the point. Tibor
Long
by TiborVrbovsky
1
TRXUSD preparing for next BULL trend, breakout imminent.Cryptocurrency Practice #3 TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well. Confluences: 1. ATR at lows. 2. Confluences with eventual BTCUSD rise. 3. It is looking to break from YEARLY CAM R3 and pivot point. Showing lots of bullish momentum. 4. Possible double bottom formation on multiple time frames. 5. Volume slowly rising as news is getting better for the coin. Leave a like if this helped you! Helps me understand if my TA's are teaching others.
BINANCE:TRXUSDLong
by pjgonzales
3
TRX - Walks around resistanceTRXUSD is trying to overcome $0.016 resistance, quite a strong level as you can see on the chart. Although I'd like to mention it's not completely right to review TRXUSDT instead of TRXBTC when bitcoin that bullish. But anyway, IF we'll break through it, I plan to long a retest (like in previous time), targeting 0.0185 BTC. Observing ETHUSD and its rapid growth in the last couple of days I think TRX has a decent chance to repeat the same. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke