What will happen to the coin in the near future with a high probability. Buy exclusively from these zones and the red zone is a squiz zone if bitcoin is very bad and it falls badly in autumn. The expected start of the bull race on TRON TRX is waiting for a week-long candle on November 14
TRX has been trading in a relatively tight range since last year, that range is coming to a point now and it seems like, based on EW structure, that this triangle should break up within the next few weeks. If it doesn't break up in the next few weeks then we'll probably see it continue to consolidate into the tip of the triangle until the end of the year, before...
Tron Will Fall! Short!🔻
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Indecision in the market is changing
Towards a well defined bearish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a goodidea to go short!
Consolidation phase of the minimums.
TRX, like many other cryptocurrencies (including BTC), will initiate a phase of consolidation of the lows that will last throughout the month of August. It could go further until mid-October.
After the double bottom, the upward retracement will begin following the declines that began last October (the beginning of the war)...
TRON came up out of the downward channel.
The TRC-20 network has seen sustained high activity.
Justin Sun's Stablecoin USDD has almost recovered its peg to the U.S. dollar.
The price of the token is above liquidity.
The current TRX movement looks like a bullish flag.
Trading volumes have risen on the formation of the flagpole, but the flag itself is forming on...
Just an idea, nothing special to see
TRX might be starting a new wave soon
Still got a little time to load some TRX
Who know's, if this works out it might x10 whitin a few months
As usaul no guarantees but i'm willing to take the risk
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Hello Traders 👋
Let's break down the TRON chart
On the chart, it showed a trend line that served as a local support; after the breakdown, it is now a resistance zone.
The price tested the local resistance zone but failed to break through and consolidate above the local...
In the realistic possibility that a vast majority of TRX is burnt in the next year, we could see a hyper deflationary spiral causing TRX to increase 35x-100x in market cap, and 3000x in price.
Based on the average burn rate of 284 million TRX per day since USDD launched, it's possible that 99% of the circulating supply of TRX is removed from circulation over the...