Stop loss: 0.071 Take profit: 0.065 Risk/Reward: 2 *No.1 Manage your Risk*
Subscribe to the channel that would receive new information about the cryptocurrency market✅ 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...
After strong consolidation TRX has possibility to go down to the 0.0546 level.
this is not financial advice Feel free to share your view in the comments BINANCE:TRXUSDT
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...
Just yesterday Tron (TRXUSDT) hit a new All-Time Low. This low hit basically at the same level as back in June 2021. June 2021's low was set at 0.04651 and was followed by a 160% bullish wave. June 2022's low was set at 0.04604 and we are likely to see a strong bullish wave follow. Remember our famous saying... Once we reach bottom, the only place left to go...
TRON (TRX) prices have jumped by over 24% since the U.S. Federal Reserve raised the interest rates by 75 basis points. Meanwhile, the TRON blockchain has also gained the support of Crypto finance, an asset management group. The TRX token has registered a tumbling week as it dropped with correlating with the other major cryptocurrencies. However, the recent surge...
Despite initially outperforming amid the recent crash, TRON (TRX) prices have dropped by over 16% in the last 24 hours. In order to defend and build support, Justin Sun, TRON head has planned to deploy over $2 billion. With the USDD stablecoin briefly losing its peg, Tron deployed $700 million to support the stablecoin and maintain redemptions. Justin Sun in a...
After analyzing the TRON, weakness in uptrend is observed. Due to the market momentum, there is a possibility that TRON will crash. but first, set a trigger for entry position and do not forget about SL trade with your choice
The fall of the Tron was amplified by the unpeg USDD situation. TRON DAO reported new purchases of TRX and BTC. Justin Sun said he has $2 billion to fight negative rates on TRX futures. This amount is almost equal to the coin's daily trading volume. The TRX continues to hold the global upside structure. The price is in the liquidity zone near the lower boundary of...
Broken down pennant structure Still up vs btc due to luna copy burn mechanism Most of the crypto market looks like dirt rn
Yesterday the news of TRX gained so much attention about the USDD that it shoot for more than 17%. Right now it is in the cooling phase , but Tron is know for doing something opposite in the market so I have a neutral view, but if the price breaks in either direction I will open a trade. Please Like, Share and Comment.
TRON continues to move in range. Price has formed an uptrend channel. TRX is holding the lower boundary of the channel. Volatility has declined. The 50MA crosses upward of the 100MA on the 30m Timeframe. Price continues to hold above 200MA on 4H Timeframe. TRON DAO plans to continue buying TRX. I expect TRX may continue to rise after it has fixed in the channel.
take profit targets and entry by trx based of range and fibonacci
The wave field has already formed the prototype of the head and shoulders top There is a risk of a subsequent break below the neckline Not optimistic about the follow-up trend of TRON Follow me to take you to achieve financial freedom