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TRX

BTC Diametric Ending, Long-Term Bull Market Beginning?BTC has reached the end of a diametric pattern which began at the highs in early 2021. In a diametric there must be at least 5 waves that are similar in time and 2 waves that are different. That has manifested here perfectly, orange boxes are the same time, green boxes are the same time. This implies that we have just ended a nearly 2 year pattern and we should be entering into a bull market that takes at least as much time as the bear market and will probably go past all time highs. BTC could be over 250k by next year. Many alts will see even larger percentage gains. Money will be flowing in from China and Asia which was a key factor in both the 2017 and 2013 bull runs, which were arguably much bigger and more profitable than 2021, which was mostly pumped up on fraudulent money from FTX, Luna, 3AC, DCG, etc. Now that all the fraud has been exposed we are ready for a recovery from this mess and a "real" bull market forming in 2023. Momentum also looks really good here and ready for a big move up. Right when all the headlines are about FTX collapsing and "Binance being insolvent" (they're not), and other FUD that has been polluting the headlines, much of which is completely baseless, we are ready for the market to start ripping up. Media manipulation is in full swing to get people to sell their coins for dirt cheap right before the giga pump.
COINBASE:BTCUSDLong
by Intuit
8
Potential Banking Crisis Sending BTC to $10k? (Elliott Wave)A banking crisis may be underway in the US and could bring equities and crypto to their knees until the Fed is forced to respond by turning the printer back on and cutting rates. Expecting a very dovish FED in the following months as more banks follow SI and SIVB, suffer bank runs and must be bailed out by the FDIC and the Fed. We will likely see the full extent of the fallout next week and it could mean more banks going under as depositors start to lose confidence in these risky banks. Depositors unable to get their money out of banks as regulators deal with the fallout could lead to a sudden and temporary spike in demand for dollars and a liquidity crisis across the financial system. This demand will then be quickly extinguished by the Fed printers coming back on to stave off collapsing asset prices, and this will trigger the next bull market in equities and crypto. From a Neowave standpoint, the structure from the last few months looks exceptionally weak, especially on BTC, and since we've been unable to materialize a consistent bullish structure, and with the macro environment suddenly souring, it seems likely that most cryptos and major stock indexes will see new lows and briefly fall under their 2022 lows. What I believed do be a diametric which would have ended at wave-g has now added a wave-h and wave-i and will end a little later and a little lower. This will likely lead to serious issues at many crypto firms such as Microstrategy who will probably need to sell significant amounts of equity or BTC to remain afloat at such low BTC prices, and with lenders and investors tightening up during a crisis it may be difficult for them to get funding. For BTC specifically, I think $10k is a solid floor. There's a psychological level, a 61.8% retracement, and it would be about as big as the 2018 bear market. Most cryptos will probably retrace their 2020-2021 bull market by around 61.8%. This should also coincide with the Fed doing a hard pivot to save the banks, leading to investors suddenly turning risk on again and sending asset prices to all time highs.
COINBASE:BTCUSDShort
by Intuit
6
Impact of TRX delisting on Binance.US🚫After the United States Securities and Exchange Commission sued Justin Sun, the founder of Tron(TRX), on charges of selling and issuing unregistered securities, fraud and market manipulation of this digital currency, the American branch of the BinanceUS exchange decided to Remove from trading list. The publication of this news caused the sales pressure of Tron to increase somewhat and its price to decrease. The TRX will be delisted on April 18. The impact of the TRX delisting news broke the 🟢support zone($ 0.0655- $ 0.064)🟢. TRX is currently pulling back to this support zone and will fall to the resistance line after completing the pullback. On April 18, when TRX is supposed to be removed from the Binance.US exchange, it can increase the selling pressure a day earlier to break the resistance line. In general, it seems that TRX has formed a symmetrical triangle pattern in the 4-hour time frame, and if the resistance line breaks, TRX can fall to the 🟢heavy support zone($ 0.0555- $ 0.0447)🟢. TRON Analyze ( OKX:TRXUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
7
TRX Tron | Binance US to Delist Justin Sun's TRX Next Week !!If you haven`t sold TRX Tron here: Then you should know that Binance US, the American division of the world's top cryptocurrency exchange Binance, has declared that it will delist TRON (TRX) from its trading platform next week, on April 18. Binance made the decision to delist TRON in response to the US Securities and Exchange Commission's (SEC) recent crackdown on the cryptocurrency magnate. In its press release, the regulatory authority accused Justin Sun and his three wholly-owned companies, namely Tron Foundation Limited, BitTorrent Foundation Ltd, and Rainberry Inc, of defrauding investors by selling unregistered securities. Sun is also accused of performing "extensive wash trading" and organizing a scheme to pay celebrities to promote TRX and BTT without revealing their compensation. Additionally, the SEC charged a number of celebrities, including Jake Paul, Ne-yo, and Lindsay Lohan, with illegally endorsing TRX and BTT without revealing their pay. According to Elliott Wave theory, I expect for a retracement tp $0.052 level. Looking forward to read your opinion about it.
Short
by TopgOptions
TRX Tron Potential Death Spiral similar to Terra LUNAHistory repeats itself for those who haven't learned from it. SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations. Eight celebrities also charged for illegal touting of Sun’s crypto asset securities. But let`s say the market doesn`t care about he Securities and Exchange Commission lawsuit, like we can see reflected in TRX price right now, but... The reason for the potential collapse of TRX Tron is their stablecoin, USDD. According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%. This is the USDD collateral: TRX 10,929,535,279 BTC 14,040.6 = about $313Mil USDT 29,964,253 USDC 39,719,839 so besides TRX , the total amount of other collateral is $383Mil for a stablecoin that has a mk cap of $724Mil. Now let`s say TRX drops to the Covid level of $0.0072, which is not unrealistic in my opinion. Then the TRX collateral of 10,929,535,279 coin will be worth $78,692,654. Assuming that BTC won`t go lower, then still the liquid collateral of USDD will be around $462Mil for a mk cap now of $724Mil, which will result in a huge depegging od the "stablecoin". Looking forward to read your opinion about it.
Short
by TopgOptions
2
XRP/USDT Bullish Mode Activated ?XRP/USDT Technical Analysis: Potential Retracement Offers Buying Opportunity for Long-Term Growth In the last few days, XRP has seen a 10% decrease in price from the previous update. We hope you have safely booked your profits. However, we expect to see further retracement in the near future, offering an ideal opportunity for buying in at a lower price point. Our analysis suggests that the best entry point would be around $0.45-$0.40, as it has previously bounced off the 0.618 Fib level. We believe that XRP is likely to reach new all-time highs in the next bull market, making it a favorable long-term investment. It's worth noting that even though we predict a target of $5 during the next bull run, we don't suggest waiting until then to sell. Instead, it's prudent to hold a small position until $5 and book profits at each target point, which are expected to be $0.57, $0.87, $1.41, and $1.95. It is essential to remember that this is not financial advice, and we urge investors to conduct their own research before investing in any coins. However, our technical analysis suggests that XRP presents a compelling investment opportunity, with a potential for long-term growth. Overall, we recommend that investors learn and earn from this opportunity, as XRP has a lot of potential in the future.
Long
by CryptoPatel
TRXUSDT - Optimal option for position with PWH. LFT Confirm ⏺Short Entry Zone: 0.06719 TP1: 0.06375 TP2: 0.06195 TP3: 0.06020 _______________ ⏺Trend-Line: 0.06850 ⏺STOP LOSS: 0.06878 🫥After reaching the first target you can put the rest of the position to breakeven ❄️The optimal option for opening a position with PWH near the accumulation of liquidity. I am waiting for a consolidation in this range, so that I can get the SWIP collection of liquidity. Also, the best confirmation for this position at its opening will be the breaking of the structure on the LFT
Short
by JaegerB
1
Tron TRX Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”. This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week. Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge! I assume we are about to witness a major selloff in the crypto industry. My Tron TRX Price Targets: TRX/USDT short Entry Range: $0.060 - 0.066 Price Target 1: $0.055 Price Target 2: $0.045 Price Target 3: $0.030 Stop Loss: $0.074
Short
by BuySellMarketMaker
TRON TRX price is under serious threat. Be careful!At first glance, the price of TRXUSDT has finally broken out of the 2-year consolidation and even managed to test the consolidation from above. With any other cryptocurrency, after such a pattern, one could say with great confidence that it is safe to buy it, as the price is likely to continue to rise. But not in the case of TRX, because yesterday the SEC filed a lawsuit against Justin Sun, the founder of TRON, accusing him of market manipulation, selling unregistered securities, and fraud. The only question we have is: what took so long? After all, these sins of San's have been going on since at least 2017, when it was "pump season". So if you want to buy TRX now, you better think twice about whether you need it. If you still want to buy TRX, then remember what happened to the price of Luna and FTT. Who knows what will come to light during the trial and investigations? Well, Justin Sun can only guess) And if he did know something and he is smart, he could easily sell off his TRX for 2 years while the price was in consolidation. There are many questions and few answers, but soon there will be more. We have shared our thoughts, and the decision is, as always, up to you. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
45
TRX Tron the next to fall?I think TRX Tron is the next to fall after BNB Binance Coin. The reason is their stablecoin, USDD. According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%. This is the USDD collateral: TRX 10,929,535,279 BTC 14,040.6 = about $313Mil USDT 29,964,253 USDC 39,719,839 so besides TRX, the total amount of other collateral is $383Mil for a stablecoin that has a mk cap of $724Mil. Now let`s say TRX drops to the Covid level of $0.0072, which is not unrealistic in my opinion. Then the TRX collateral of 10,929,535,279 coin will be worth $78,692,654. Assuming that BTC won`t go lower, then still the liquid collateral of USDD will be around $462Mil for a mk cap now of $724Mil, which will result in a huge depegging od the "stablecoin". Looking forward to read your opinion about it.
Short
by TopgOptions
3
✳️ TRON vs BTC Changes Pattern | Potentially A Bullish SignalThis pair has been moving inverse to Bitcoin but now it seems to be moving together with Bitcoin... This is a big change. When the dynamic of some pairs changes, this can signal that the overall market dynamic is changing as well or is about to change. ✔️ TRXBTC while in the bearish cycle moved inverse to Bitcoin. ✔️ TRXBTC now changing to become correlated with Bitcoin. Can this tells us that Bitcoin is now entering a bullish phase? Possibly. We will have to wait and see but since the 1st of February, something changed. The signal has been noted. Namaste.
Long
by AlanSantana