JST/USD: #JUST is committed to developing #TRON-based DeFi protoJUST price today is $0.061602569005 with a 24-hour trading volume of $31,577,522. JST price is up 1.8% in the last 24 hours. It has a circulating supply of 1.4 Billion JST coins and a total supply of 9.9 Billion. If you are looking to buy or sell JUST, Upbit is currently the most active exchange.
JUST is a smart contract-powered decentralized lending ecosystem on the TRON network. Acting as a decentralized stablecoin system, it has introduced the first decentralized stablecoin, USDJ, on the TRON network. Pegged at 1:1 with USD, USDJ is issued by collateralizing sufficient TRX on JUST, while the other token JST is used for decentralized governance and paying stability fees.
TRON
TRX (TRON)Hello Traders,
As I am sure you all know it has been a rather difficult time in the trading community lately with all of the FUD and Manipulation going on. That said I wanted to put out some more detailed ideas for the community as to make it a little easier for everyone to spot a better trade set up and make their day just a little easier.
This trade is for TRX or Tron. Tron is a nice platform and used by many projects, it has a fast transfer speed and is in the top 50 for market cap. An all around decent project compared to most. Here is a link to their website and their page on coin market cap for further information. tron.network coinmarketcap.com
This trade idea is based on a falling wedge pattern. In which the price action has presented a bullish breakout and is currently retesting the top of the trend line of the pattern. I also noticed a bit if bullish divergence on the RSI (Relative Strength Index) at the bottom of this pattern. Which generally indicated the reversal of a trend.
When you are trading you want to look for confluence between multiple indicators and market structure that all tell you the same story before you decide to make a trade as this is important to your profits and risk management always. I hope this trade helps you do that just a little bit easier.
As always, have a green week!
Savvy
TRXUSDT "H1" TriangleAs you can see, the price was fluctuating in a triangle. Now, the triangle broke from above and we had a retest candle on broken trend line which I displayed with an arrow.
Also we have a EMA50 that price could broke that too. Now, we have a resistance in EMA200. STOCHRSI gave us buy signal. We may wait for a pullback and then we can enter a long position. Please check the H4 time frame too with EMA 50 and 200 too. We can hope for a change in the trend (to a upward trend) after the two EMAs 50 and 200 had a bullish cross.
**"Do not base this analysis for your trades. Analysis is purely educational."**
TRON Breaking Out Off Strong Support - Good Potential LongI really like the potential of this long entry as TRON breaks out off of strong support. Reason being is that even if the price reverses after the breakout, good support is there. TRXUSDT has one of the stronger USDT charts out there following BTC's collapse. It could indicate that the bulls are ready to push the price higher. The only caveat that could foil this plan is if BTC continues to sell off so have your SL ready below support just in case.
TRX is on it's supportHello my friends,
Tron is one of pioneer projects in crypto world. It is more potential to take good dominance of market in near future.
In this chart I drove support and resistance lines to show best places to buy and sell. Even I prefer to hold TRX for future.
Please follow me and like the idea if you think it's worth it.
TRON TRXUSDTTRX, as you can see, has been in an uptrend channel, basically the uptrend channels are breaking from the floor. Which is clear here.
TRX can pullback on the break line marked on the chart and correct again.
That is why we have to wait. Because it may return to its uptrend channel. Then this exit from the channel is not considered a failure and there they will say we had a fake breakout.
So we are waiting to see what he does with the break line and pullback! If approved, Goals 1 and 2 could be our target destinations.
First the load signal, then the confirmation signal, then the trade.
Be profitable.
TRX/USD - global. The point is that price has 2 phases (aka Wyckoff theory) : accumulation and distribution.
Previous cycle of phases the prica has passed. So current phase is accumulation.
Using 200MA we can see some similiarities with last phase.
Also Fib circles used for searching possible ressistence.
I am long for Tron.
vs BTC :
🔥 TRX Still In A Bullish Channel: Two PossibilitiesSince the major reversal of crypto late July, TRX has seen a strong uptrend. As of early this morning, TRX has bounced off the lower trend line of the channel. This might be a temporary bounce.
The overall view on the market is quite bearish. Add the turmoil in the stock market to this, and we've got a potentially strong bearish on our hands.
In case of a bearish break out of the channel, I'm targeting $0.775, which is placed at the last significant low. In a bullish scenario, I'm looking at the $0.105 resistance. In case the stock market shrugs this move off, we might see a rebound fairly soon.
Happy trading!
TRON - Overlook ✅TRON has two main supports on the way down: one local for short term and one key support for long term which is the area we've consolidated on for a while.
I said on the way down because TRX also is going through corrections, just like the whole market, and we're not sure when it'll stop since there are strong sell volumes on the market.
Not a good time for opening long positions at all, not safe at all.
Use this chart as your trade setup for now.
Current Market Price: $0.09321
Good Luck
Tell me your ideas. Like and Share
TRX/USD - Path to $0.20 🚀TRON macro view looks bullish as the trend is clearly up (higher lows).
If we count the waves, we seem to have completed all waves apart from the last fifth wave up. Once that is done, we may have a longer cool-off.
Price appears to be around half-way towards the top on this last wave. It's hard to guess the top, but I'd bet anywhere around $0.20 is a good place to secure profit. Some possible resistance levels are on the chart.
I don't exclude another re-test of support which would present a good buy opportunity before the last pump up. Then we need to re-assess the chart.
On weekly timeframe, indicators are bullish but I don't like the lacking volume. Hence, why on daily it does look like tron wants to re-test our support before we push higher again. So best to buy then if you are interested in longing Tron. If this plays through, you can double your entry, not bad.
Like and follow if you liked this idea!
TRON at a 13% Discount - Potential Entries Before Next Leg UpA quick post that I thought was worth mentioning. Tron reset the RSI correcting ~13% since last night. When I saw that it was sitting on a confluence of support level from several different trends, I couldn't control myself and bought some more TRX at this 222 sat level. Bitcoin just had a little shakeout to $46750, but maintained it's bull flag. If it can show some strength and have a solid breakout beyond $48,000, I think we can expect a bullish continuation from TRX. The price could really fly if it breaks out against BTC.
TRX will see high prices when it breaks out!Here's a quick look at TRX 2 days chart. As we can see, the price has been going sideways and has printed a big symmetrical triangle. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.14$
2. 0.148$
3. 0.18$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
TRON Ready for another 200% move from here..?#TRX/USDT TA Update:-
$TRON currently trading at $0.119
Which is 18% up from our lower entry.
In the LINE chart also breakout and Retest also confirmed.
Now Waiting for Big move from here.
Stop Loss same at :- $0.09
Targets:- $0.152/$0.214/$0.313
If break $0.152 then we can see new All time high.
Support:- $0.1
Resistance:- $0.152