Tronbtc
ARE YOU READY TO BUY THE TRON/TRX DIP?Hey Fellow Traders!
TRX is back on uptrend and we saw a great channel breakout but guess what we are going back soon to our support!
Why?
Because it's too much overbought!
So, Where is our support?
It's the blue line on the chart! Our 20-DAY EMA and we are be going back there in a couple of days!
Keep watching to buy-in!
Thank You
TRXUSD - WE SHALL PROFITBuy Price: Green Zone
SL: Below Red Zone
Profit: Blue Zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 75 Percent
All technicall indicators of TRON are pretty good!!! If it breaks that brown zone( and it have the strenght to do it), we will moon it!
Besides, we have great news about it!
See me previous analysis and how profitable the are!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
EASY TRON/TRX TRADE BUY OPPORTUNITY!BINANCE:TRXUSD
Hey fellow traders!!!
Here is an Easy short-term trade opportunity for you...
As you can clearly see we are moving upwards and holding strong support over the 200 day EMA on a 15 min chart.
So, Our buy zone would be clearly at the 200 day EMA on a 15 min chart as we bounce back every single time from here!
P.S. be patient and wait for the prices to touch/pass the 200 day EMA to Buy-In for an easy short-term profitable trade.
Good Luck!
IS TRON DEAD?Hi everyone!
I’m glad to see you on our tradingview blog. Today we are reviewing TRON currency.
Today’s review: TRON and its prospects.
What is TRON? And who created it?
First, let's start with what it is. This platform was developed for the creation of digital content. Each person has his or her own "intellectual property," be it music, a book or any other material. The platform itself is based on the Ethereum blockchain.
The TRON ecosystem was founded in September last year, by a Singapore non-profit organization Tron Foundation. The company is headed by Justin Sun. Before creating TRON (TRX), he created a social application ‘Peiwo’ which gathered more than one million users.
Before this, Justin Sun acted as an advisor and representative for Ripple in China from December 2013 until 2016. In 2015 and 2017 he was nominated in Forbes ‘30 most successful people under the age of 30’ list.
Key targets of the project
Everyone is interested in enjoying good quality content. The TRON project encourages individuals to create their own content with protected rights, a "Paradise to combat piracy," where there are no torrents.
Most of the Internet content passes through large sites such as Yahoo, Google, Yandex, etc. Due to this, they can dictate any prices in the market, more importantly, they can subject it to censorship and transmit data about each user to the Special Services.
How does this platform work?
TRON synchronizes the work of original information and entertainment portals in the public network. The uniqueness of the platform is that it can be used to remove the "mediator" between the creator of the content and its consumer using blocking and peer-to-peer networking (P2P) technology. Each user, regardless of whether the individual is a blogger or journalist, can post content in their network. The audience must approach the author for access to the content and pay him directly. For users, this is an excellent opportunity to receive unique content without advertising from the "intermediary."
TRON cryptocurrency
For the convenience of users, all services on the platform are paid exclusively with their cryptocurrency called Tronix . After successful ICO in August 2017, TRON was listed on many major exchanges such as Bitfinex, Bittrex, and Binance. TRON can be used and stored in MyEtherWallet purse.
The increased popularity of TRON was noticed, and Coinmarketcap.com rated it within the TOP-15. The price of TRX changed from $ 0.0015 to $ 0.30 at the peak in January 2018.
Further perspectives of the project
The developers stated in the Roadmap plan that TRON would be split into several stages, to help the project take the lead position in the world.
Exodus
A platform for peer-to-peer distribution and storage of content, through which it will be possible to free up data. The platform will be able to provide free publication and storage of user data. This stage does not provide for the use of a block but uses a network file protocol that supports a distributed file system.
Odyssey
According to the Roadmap, this stage is scheduled at January 2019. With the launch of Odyssey, the platform will increase content rights expansion, as well as complement new features, such as introduction of locking technology and monetary incentives to host content on the platform. The system will include bonuses for a user response to content, as demonstrated at such venues as Steemit, Golos, Medium. Sample content is free, to give you a taster, full access is granted only when you pay TRX for their services.
Great Voyage and Apollo
These two steps will allow users to create their brand and generate their tokens. This should increase the attractiveness of the project and improve its economy.
Star Trek(2023 ) and Eternity( 2025)
This phase will create online gaming platforms enabling users to maximize their game process, invest in new gaming projects and offer their ideas to their developers. For game developers themselves, this is an excellent opportunity to be one step closer to their community.
The developers themselves expect that the whole process will take no more than ten years to implement all the plans completely.
Criticism and disadvantages of the project
A significant disadvantage of TRON is that it does not conform to generally accepted copyright standards. For example, the person who first places the content on the TRON blockbuster will automatically become its author, although, in fact, it may not be it.
TRON generated some controversial media over accusations of plagiarism. Vitalik Buterin (Ethereum Founder) accused Justin Sun of plagiarism when drafting the project documentation. First, Sun on Twitter listed seven advantages of Tron before Ethereum, and then Buterin added the eighth paragraph, which said: "The art of writing documentation (Ctrl + C and Ctrl + V is much more effective than writing by yourself)."
Many users expressed their non-transparent work with the tokens themselves. The first transactions that took place when the project was launched t are not entirely clean for users, but only add distrust to the team. Several packages of tokens have been sold. 41% of the tokens of 100 billion, were withdrawn on October 1, 2017, and then distributed to other purses of the "B" series. Some of them may have fallen into the hands of the state or more, be used to inflate the price artificially.
Conclusion
Despite such harsh criticism from experts and the community, the project successfully took the TOP-15 on the Coinmarketcap. With such competitors as Ripple, Stellar or Cardano, TRON is unlikely to achieve its desired effect, but the project has followed its Roadmap, and for their investors, that is a good sign. Also, the fact that Justin Sun co-operates with Jack Ma and his project Alibaba has a positive influence on the token rate. Perhaps their close merger could lead to an even greater token growth.
This platform has a bright future because content (especially high quality content) is becoming more and more popular. What’s coming this month - rise or fall? Zorax predicted a 0.32 prediction, will it come true?
How does that work?
We use AI Zorax to analyze more than 200 factors basing on which we can predict the future of a coin.
Note: The AI algorithm does not give accurate forecasts and guarantees concerning the coin price changes and can make a mistake.
Tron (TRXZ18) Quick ShortI am shorting Tron (TRXZ18) short term. Details on chart.
I am expecting a retrace after the last move up.
Trade at your own risk.
Thanks a lot for reading.
Namaste.
Tron (TRX) Tron looks like very obvious accumulation.Everything is on the chart. It cannot be more clear. I even suspect there some sort of painting going on where they intentionally make the chart look like this because it is so close to Wyckoff Accumulation Schematic #2.
Do you not get chills when looking at this?
Tron is one of those coins that has a very bad reputation, because of the pump and dump movement that made it similar to Verge. However, if I wanted to bet on an altcoin surviving the bear market other than Bitcoin, I would bet on Tron. You may insult Tron because of its "shit coin" reputation, but what other coin sold coins for 2 billion during the peak like Tron did? They have cash, and they are going to survive, unlike some other obvious targets I could name.
There may be bias here, but this looks like a better buy than some of the other coins out there with very dead looking charts.
Lots of people already left crypto, but now is the time to be buying some to hold for the long term. I expect most of my holdings to go to zero, but a few may run pretty nicely. I think Tron has one of the most bullish charts despite the bull market. I don't know if Tron will be here after 3 years, but I am betting it on having another cycle.
This is just a longer term buy. I don't think you should buy at these levels since you could get in cheaper.
Who will get a crypto TRON? Analytics TRX/BTCBUY: 0.00000315-0.00000322
Support: 0.00000334
Resistance: 0.00000406
Despite the pessimistic mood on the crypto market, the creators of TRON do not lose optimism, and develop the project, sharing with the world their significant events. We promised to follow the project because, in our opinion, it has great potential and all possibilities for wide adoption.
November 28 began an upward trend of the asset, and at the moment the increase was 31%. Note that 26% of this rise occurred on one day - November 28th. About 30% of the purchased volume of coins were sold the next day. At the same time, the average trading volume increased 5 times.
On December 7, it was observed a vivid activity of buyers again, with volumes 2 times higher than the average, but a large number of short positions were noted, almost all the volume purchased before was sold out. The first upward movement lasted 3 days, with steadily high volumes, the second rise lasted 2 days.
Now the volumes have returned to the average values, which indicates a decline in the interest of buyers and a possible fall in the rate. Despite the fact that the daily chart shows an upward trend, the weekly chart indicates that the price is approaching the resistance line at 0.00000406, which is unlikely to be broken due to weak buyers. This gives reason to expect the price to roll back down at high speed. We follow the price in the attention zone of 0.00000330 - 0.00000340 and observe the activity of traders, a consolidation is possible in this zone and the rebound may not reach the support line - 0.00000334, which looks rather weak on the weekly chart. Raser safe entry points to assets is in the range of 0.00000315-0.00000322. We do not set exit and stop-loss points, because probably a quick upward movement. Should follow the volume of trades - with their increase an optimistic scenario is possible.
Tron Sell Off Incoming Tron has had a decent run for the last month and it's time to say goodbye.
The crypto market is full on bear and fortunately for Tron (whatever the reason maybe) it's been ranging for the last few months.
Rising wedge is fairly reliable and so are double tops. I like the R/R here and more importantly we're going with trend.
See you at the bottom.
-Cabra
TRX GOING DOWNTRXBTC will go down because we have a bearish divergence at 1D timeframe. Bulls tried to pump TRX but failed to break the 396 sat resistance on Nov 28-29. Currently STOCH is overbought, the volume is decreasing and the resistence is stronger. I don't think it can be broken just yet. Even though MACD is bullish / above neutral, I still think they cannot break it. With low volume and bad STOCH we'll have to wait for things to cool down.
It s only pur informative.DON t play in bitmex.
TRON (TRX) a Strong Long-Term Bet?
TRON (TRX) is a decentralized platform that leverages blockchain and peer-to-peer network technology in order to facilitate the sharing of entertainment content. TRON aims to disrupt the $1 trillion global entertainment industry by connecting content creators directly with customers, cutting out middlemen like the Apple App Store and the Google Play Store.
TRON developers have outlined a clear and defined 6-part plan to successfully decentralize the global entertainment industry, content creation business, and gaming industry over the next 8-10 years.
Last week, TRON developers announced the creation of a $100 million 'Gaming Fund' to invest in blockchain game development on the TRON platform.
Today, TRON founder Justin Sun announced a $1 million accelerator program on Twitter to assist developers and start-ups with the creation of decentralized applications (DApps) on the TRON platform.
We believe that TRON's investment in its community paired with their clear and detailed 6-part 8-10 year plan support a long-term bullish case for the decentralized platform. The cryptocurrency industry is moving further away from Initial Coin Offerings (ICOs) with each passing day and decentralized applications that have relied on ICO activity in the past to drive users on its platforms and volume of its underlying tokens must adapt in order to survive. TRON developers have made it clear that they are seeking out new ways to drive growth of their decentralized network, a step in the right direction amid a cryptocurrency bear market that has seen all altcoins suffer.
Why I am Cautiously Bullish On Tron (TRX) Right NowHard to completely stay away from this market. Not really trading during this time, but I wanted to post an update on my TRXBTC chart, since I find it interesting that Tron is one of the few altcoins to maintain its bullish stance against Bitcoin in this bear market. It also remains significantly up since this time last year compared with many projects. Regardless of the FUD it gets, Tron clearly instills more investor confidence than many other coins. Since my previous analysis (linked at bottom), Tron has maintained its Bitcoin value. We also retested the rising diagonal support within the EXACT same timeframe I predicted, which was kind of fun for me to watch : )
Over the last couple of weeks, we've seen a big market selloff, and Tron remains down in USD value, but after breaking down below its uptrend line against Bitcoin (in blue), it rallied back above it. Now, we can always crash back down below it (currently at the 350 level). However, it is clearly showing bullish price action. There is a significant chance that this coin makes a surprise break to the upside soon, so I'd keep an eye on it. This is one of the coins I bought more of on the recent dip (bought at 318). Daily RSI seems like it needs to cool off a bit, but that can still happen after the next push up. Weekly RSI still has a lot of upside. I think a test of the pink triangle/horizontal converging resistance at 420 is in the cards, especially if Bitcoin remains stable above 3900.
On the bearish side of things, if TRXBTC goes below 349/350 and then the newly established strong support at 290, we will probably be seeing some more significant downside. It all depends on which way the market wants to go. I have a feeling TRX may be one of those coins to attempt to decouple from Bitcoin if the bear market extends for many more months with some serious sideways/down action.
Support:
350 (near term)
290
Resistance:
390
420
625
750
1000
This is not financial advice, nor am I a professional financial advisor.
Previous TRXBTC analysis:
-Victor Cobra