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Tron

🔝 TRXUSDT 💥 Do not follow this trade manuallyTRON was founded by Justin Sun in 2017. The TRON Foundation was established in July 2017 in Singapore. The TRON Foundation raised $70 million in 2017 through an initial coin offering shortly before China outlawed the digital tokens. The testnet, Blockchain Explorer, and Web Wallet were all launched by March 2018. TRON Mainnet launched shortly afterward in May 2018, marking the Odyssey 2.0 release as a technical milestone for TRON. In June 2018, TRON switched its protocol from an ERC-20 token on top of Ethereum to an independent peer-to-peer network. On 25 July 2018, the TRON Foundation announced it had finished the acquisition of BitTorrent, a peer-to-peer file sharing service. With this, TRON declared its independence with the creation of the Genesis block, along with July 2018 acquisition of BitTorrent. Upon this acquisition, in August 2018, BitTorrent Founder Bram Cohen also disclosed that he was leaving the company to found Chia, an alternative to bitcoin created to be a less energy-intensive cryptocurrency. By January 2019, TRON had a total market cap of about $1.6 billion. Despite this market performance, some authors viewed TRON as a typical case of the complex and disordered nature of cryptocurrencies. In February 2019, after being acquired by Tron Foundation, BitTorrent started its own token sale based on the TRON network.
Long
by MiguelFTCurado
5
TRX/USDT - Potential 183% SetupHello Traders! TRX demonstrates the continuation of the correction phase, completing the previous cycle. It's better to form a medium-term position by buying from support levels of $0.0495, $0.0430, $0.0370. It will be necessary to close the position in case of price fall under the level of $0.0240. The profit taking targets within the medium term by the levels of $0.0830 $0.0930 $0.1050 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
KRAKEN:TRXUSDLong
by UnknownUnicorn10064030
TRON (TRX) - February 15Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSD 1W Chart) (Full: ) Above 0.0441 3840 point: Expected to create a new wave. It must rise above the 0.0750 0028 point to turn into an uptrend. However, in order to continue the uptrend, it must break out of the downtrend line. If it declines from the 0.0441 3840 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. As the CCI line failed to rise above the EMA line in the CCI-RC indicator, the TRX entered a sideways section. On the 1W chart, when the CCI line rises above the EMA line and above the +100 point, it is most likely showing a large uptrend. (1D chart) First resistance section: around 0.0864 4692 Second resistance section: 0.1124 3825 - 0.1254 3392 Support period: 0.0474 5992 - 0.0604 5559 ------------------------------------- (TRXBTC 1W Chart) 0.0000 0259 - 0.0000 0318 or higher: Expected to create a new wave. It must move above the 0.0000 0194 point to turn into an uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:TRXUSD
by readCrypto
TRX is on the Edge of reaching 0.15$ or 0.04$ !Hello every one TRONUSDT 🟡Chart is speaking it self! 🌳What Is TRON (TRX)? TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS. To learn more about this project, check out our deep dive of Tron. This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018. Overall, TRON has divided its goals into six phases. These include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens and decentralizing the gaming industry. TRON is also one of the most popular blockchains for building DApps. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
13
TRX is on the Edge of reaching 0.15$ or 0.05$ !Hi every one TRON/USDT TRX has formed a Symmetrical Triangle. This pattern is gonna change the price depending on the Break out which is gonna happen soon. If the break out would be bearish, we might have to see TRX at 0.05$ ( Pretty strong support) but if the break out is bullish, TRX will be able to reach 0.15$ pretty Easily. we shall wait and see what's gonna happen next! ⚪Summery: -TRX is in a symmetrical Triangle -Depending on the break out, there is a support at 0.05$ and a Resistance at 0.15$. -Wait for the break out! 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
19
TRON time to gain 🚀🚀Based on the chart, the price is close to channel resistance ✔️ and here we have an important support area for the price ✔️ if the price breaks the purple area and our channel resistance to the upside and stays far from the purple area, we expect sharp gain for the price 🚀💣 other important support and resistance are located on the chart ✔️ This is not financial advice, always do your own research. Please, feel free to ask your question, write it in the comments below, and I will answer. 🐋
Long
by MadWhale
2
$TRXUSD entry PTs .001804-.0068-.051865 Next Target PT 2.40-17TRON Coin Price & Market Data TRON price today is $0.059529663343 with a 24-hour trading volume of $658,735,152. TRX price is up 3.9% in the last 24 hours. It has a circulating supply of 100 Billion TRX coins and a total supply of 102 Billion. If you are looking to buy or sell TRON, HitBTC is currently the most active exchange. What is Tron? Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX). Who created Tron? The Tron blockchain was created by Tron Foundation, a Singapore based organization that is currently headed by Justin Sun. Prior to creating the Tron Foundation, Sun founded Peiwo, an app that aspires to be the Asian Snapchat. This app got Sun into the 2017 Forbes 30 under 30 list. Sun was also the former Chief Representative of Ripple in China and a graduate of Hupan University. Tron came about after a successful ICO which raised over $70 million in September 2017. What is the Value of Tron? Using the blockchain and its decentralized smart contract capability, the idea of Tron is that users will experience a decentralized internet where “middlemen” such as Google and Facebook are not needed for users to access content. To draw an example, currently the most ubiquitous video sharing platform is Youtube, which is a privately owned company with privately owned servers that stores and serves video to its viewers. However, using Youtube’s services means that creators and users have to comply with Youtube's terms of service and may have to pay for its content in one way or another. Creators on the Youtube platform may earn a share of Youtube’s revenue, but the pay structure is entirely up to Youtube’s discretion. Tron aims to replace services such as Youtube and others by becoming the decentralized infrastructure in which users can connect directly with creators and pay the creators directly for the content they wish to consume. How does the Tron Blockchain work? The TRON protocol runs on a Delegated Proof of Stake (DPoS) Governance Model. This allows users to perform transactions with close to zero-fee whilst still being resistant towards transaction spam. Transactions on the Tron Blockchain are maintained by a consortium of Super Representatives (SR) that are voted in by TRX holders who have locked their stake in the form of Tron Power. There are 27 top-voted Super Representatives and 100 Super Representative Candidates. The hierarchy of SR and SR Candidates are readjusted every 6 hours based on the number of votes they receive from Tron Power holders. Can I mine Tron? No, you can’t mine Tron because Tron runs on a Delegated Proof of Stake consensus algorithm. This is different from Bitcoin which uses the Proof of Work algorithm. New Tron tokens are created as block rewards for elected Super Representatives. This serves as an incentive to the Super Representatives in maintaining the integrity of the Tron network. You can participate by staking your TRX and voting for your desired Super Representative. What can I do on Tron? At its core, Tron is a smart contract platform. Specifically, it is built to be Ethereum Virtual Machine (EVM) compatible, meaning it has a Turing complete virtual machine capability. Executing smart contracts on Tron is similar to Ethereum. On the other hand, whilst Ethereum operates on the gas fee transaction model, Tron operates on the Bandwidth model, which is similar to that of EOS. This is how transactions on Tron can be much cheaper and more seamless than Ethereum. Just as one can issue smart contract tokens such as ERC-20, ERC-1155 and others on Ethereum, it is also possible to issue smart contract tokens on the Tron too. There are currently 2 token standards possible on Tron, namely TRC10 and TRC20. Various TRC10 and TRC20 tokens have been issued on Tron with various use cases. Where can I use my TRX? There are numerous Decentralized Appliactions (Dapps) built on the Tron Blockchain, many of which require the use of the native Tronix (TRX) token. You can easily swap your TRX for TRC10 tokens which are used by many Dapps on the Tron Blockchain such as BitTorrent, 888Tron and others. How to store my TRX? The Tron Foundation has made it very easy for users to store and utilize TRX in their day-to-day online activities. The Foundation recommends TronLink and TronWallet as their official community developed wallet. You can also store and use your TRX in most other widely recognized wallet brands such as Trust Wallet, Ledger, Cobo Wallet and others. Where can I trade TRX? You can see the full list of exchanges trading TRX right here on this page. CoinGecko continually tracks the latest market movement of TRX and provides this data for you.
BINANCE:TRXUSDLong
by BADQOMOCAWGOWLD
1
Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next: We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B Please provide your feedback, like and share is appreciated
Short
by JAN360
2