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TRX

🚀SHIB: is such global scenario possible for this doge?SHIB fall for 92% from it`s highs. Beginners lost almost all their money but got the experience to not trade without trading strategy. In this idea i`ll explain my point of view on SHIB. 📊Recently, i made an idea about SHIB where marked resistance areas for the price. After the local growth price almost test it and after the false breakout of the trendline fell by -31-35%. Check the idea to read the preconditions and get more experience in trading! 💹Why i marked thess 2 value areas: 1️⃣ 0,2057-2970 is the big accumulation area of retail traders. They become the FUEL for such massive dump. Everyone who use even the x1 leverage are liquidated already. 2️⃣ 0,680-860 is the biggest value area where the whales accumulate SHIB before. Now it become the HUGE support area for the price. Addtionally, if u want to get more info about alts read this idea about the BTC.D and altseason. As you know they have huge correlation. At the volume indicator you can see some interesting thing. Despite the price dump the volumes are not growing. We can mention it at all cryptocurrencies. And it`s a strange things because we have to see the large volumes when the price falling. What this can mean: 1️⃣ a lot of traders are already sell their SHIB 2️⃣ the price haven`t reach the bottom yet 🏁So don`t miss the volume growth and upcoming ideas! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6
📊Are TRX and USDD next SCAM coins? $3B to save the peg!Should you have to short the TRON with x20 leverage? In this idea i explain you all pros and cons for traders in the current situation. 📊USDD is the alghoritmical stablecoin that start to lost it`s peg with USD. This is very similar to the case of UST that lost it`s peg a month ago. Of course you remember the Luna and Luna 2.0 that lost almost all capitalization because of UST peg. 🔶Will it happen to TRX? Now CEO of the Tron (TRX) announce additional money flow to protect the USDD(Tron stablecoin) to dave it`s peg to USD (1:1). There is about $3 billion in reserves right now to save Stablecoin and Tron project but peg is continuing to fall. 🔶Should i sell or buy TRX? Friends, check this idea that was published at May 9. When TRX pumped i tell that is not the best time to buy it. After the second liquidity collection of the value area it fell for -46%(!). At the current situation the value area of $0.3-0.33 could become the huge support for the price and revesal point. The value area of $0,59-0,66 is the resistance for the price. And if the TRX return to this area it will be hard to break it. As you can see at the volume indicator the bars are not even renew it`s higs or previous highs. 🔶 No one knows what happend to price but technical analysis in combination with volume indicator could help you to open a trade and understand the nest price movements. ✅Now after -46% DUMP i don`t reccomend you to gamble. Better to save the money to the possible bullish trend in 1-2 year or use small part of your depo to stufy trading this situations. Actually, i don`t recommend you to trade such dumps without using trading strategy as it was with lunatics at Luna 1.0 dump. They almost destroyed. Additionally, today is the a day of uncertainty. The FED meeting can dump the stock and crypto markets after rate hikes to 0,75%! 🏁Traders, write your thoughts about current situation with Tron. Will the USDD lost it`s peg and we need to open a short or it skyrocket to the moon in 2-3 months? 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
6
TRXUSDT 1D🔥TRON will continue to fall? Against the background of BTC, the asset will continue to fall and will rest against a stronger support of about $ 0.05. Then I think there will be a reversal towards the trend. Coins like TRON can be considered for the medium term, I think the market should resurrect in about 2-3 months. It is possible to consider futures within a day with a small percentage. ✅Do not forget to visit the channel there is a lot of useful information about trading. ✅Write your comments what you think about this coin.
by DanilBlinkov
1
Tron is dying? New Luna?😱😱😱Tron dropped 18% and looks like it only accelerates. It may be connected to problems with it's stablecoin - USDD. At the picture you can see that reserves cover only 90% of supply. How death spiral may look like? As people start to sell USDD, USDD will have to sell TRX to keep itself stable, TRX drops in price, reserves become even smaller and so on. I advise you to be careful with TRX for now and keep your savings in other stablecoins if possible. A lot of people believed LUNA wouldn't fail because it's such a big project but it still happened.
Short
by Artem_Dishel
3
TRX gonna be 0.065 $ again ?hello I wish you have a wonderful day. ..... TRX was one of the best cryptos in 2022 in my opinion. it managed to recover itself from 0.06 $ to almost 0.09 $. I think the price will test the up trendline 1 more time because if you look at the TRX/BTC chart it reached the resistance and got rejected for now. if it manages to break the resistance on the BTC pair, it's possible to break up in the USDT pair as well. in that case first resistance level would be 0.12$ ..... not financial advice! please, share your ideas with me I would like to see what do you think about any cryptocurrency <3 have a great day.
Short
by coocoolikoo
2
TRXUSDT Testing the top of the 1 year Triangle. What's next?*** *** For this particular analysis on TRON we are using the TRXUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Tron has been trading within a Triangle pattern since its April 17 2021 market Top. Since then we've had two Higher Lows and another Lower High. At the moment the price is the closest it has been to a new Lower High. If broken it will be a major bullish break-out for the coin and should target the 0.1300 Resistance of the November 15 2021 Lower High. There is another interesting pattern involved as well. The 1D RSI sequence resembles the Lower Highs/ Higher Lows pattern of the previous mid - late 2021 rally of July - November. If the price breaks the RSI Lower Highs the move this time may be outside the blue box as the current price action is far more aggressive than that of October - November 2021. That may very well deliver the 0.13000 Resistance test. If however it gets rejected on the Lower Highs, we expect a pull-back to the 1D MA50 (blue trend-line) and then a test of the top of the blue box. Notice that a 1D Golden Cross has just been formed (1D MA50 crossing above the 1D MA200) and that the 1W MA50 (red trend-line) has been acting as a Support in the past week. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
5