You will be hard-pressed to find a more bullish USD alt chart out there. Tron has a beautiful bullish continuation structure here on the daily that has been forming since the COVID crash in March of 2020. This massive pennant the price action has bouncing within is almost 2 years in the making. I think the breakout here could be huge. The price action is currently...
TRX/USDT ::: The price may be able to reach the 0.06 range again, but in which direction will it break the triangle ?!
TRX is a collateral in the stablecoin USDD, that keeps depegging!!! This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for Tron TRX are: TRX/USDT short Entry Range: $0.052 - 0.055 Price Target 1: $0.049 Price Target 2: $0.045 Price Target 3: $0.030 Stop Loss: $0.062
TRX Gold Corporation has long been suppressed along with other junior miners. As anyone who has invested in junior miners over the years knows, the bear markets in junior mining stocks are often brutal, with 80-90% drawdowns. When the bear market ends, however, the asset price has been so suppressed that it can easily spike 1000% or more, as the valuations...
Let's see if we backtest the 0.04950 area down to the 0.04790 area. TRXUSDT Futures Setup: Entry: 0.05190-0.05170 ✅ TP1: 0.04970-0.04920 TP2: 0.04790-0.04740 TP3: Open TP Note: Always use SL to avoid Liquidation. Disclaimer: Trade at your own risk.
USDD, the Tron DAO reserve is depegging from the dollar. USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). TRX is used as collateral. Could lose value sharply. TRX/USDT short: Entry Range: $0.052 - 0.055 Price Target 1: $0.049 Price Target 2: $0.045 Price Target 3: $0.040 Stop Loss: $0.061
Sun (New) SUN is in the Tron ecosystem that could see a big sell-off because of USDD depegging. Price targets: SUN/USDT short: Entry Range: $0.0052 - 0.0058 Price Target 1: $0.048 Price Target 2: $0.044 Price Target 3: $0.039 Stop Loss: $0.072
Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion. Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently. He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange. Yesterday the amount of withdrawals from Huobi were...
TRX is showing since short term a strange pattern, for this reason, we will follow this coin to see if it can confirm the breakdown trend. There is a cash-out trend on TRX, the question is to see if there is a whale trend following the same pattern. Until now it's interesting to follow to see last trends on TRX. A long at this moment on TRX can be risky since...
Here is a technical analysis considering all the drama going on with Justin Sun and Huobi Crypto Exchange. Tron plunged more than 8% today, USDD Depegs and also, Huobi Crypto Exchange has said it will lay off hundreds of staff in coming weeks. Justin Sun is one of their advisors. DYOR before trading based on this chart. Not liable for any of your personal loses...
TRXUSD looks ready. The price has been in the descending triangle for a long time. Now it looks like it's ready for a breakout. Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down. Targets are shown on the chart. We don't expect it to go to zero therefore targets are defined based on the historial key...
Hi people welcome to Team decrypters We taking TRX short like we did FTT AND LUNA FROM TOP Reason is simple Short the Justin Sun
His excellency Justin sun better not lose that $0.045 $TRX line of defense! TRON is generally not an asset to short due to its historical stability, but who knows what's on the plate this time around? I believe it's still a great opportunity for longs but once you lose that red line, then it will get ugly ahead!
TRON is aiming at 700 satoshis (0.00000700) and since January 2021 we have higher highs and higher lows. Recently, after a new resistance level was conquered in June 2022, we are seeing bullish consolidation for the past six months. Trading within a bull-flag, we can expect higher prices in the months to come. This is a long-term analysis. Namaste.
Analysis of the the majority of charts in crypto at the moment, the sentiments have come down lower than expected in the market. Most crypto are undervalued. Not only that but it appears we have hit rock bottom of the trendline upwards. This is showing on multiples of cryptocurrencies so expect Tron to begin it's ascent February 6th until finally breaking out up...
TRXUSDT Futures Setup: Entry: 0.05419-0.05409 ✅ TP1: 0.05320 TP2: 0.05220 Note: Always use SL to avoid Liquidation. Disclaimer: Trade at your own risk.