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Trxusdt

📊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
TRON (TRX) - June 8hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (TRXUSDT 1W Chart) From a mid- to long-term perspective, if the price holds above 0.07192, we expect the uptrend to continue. However, the key issue is whether it is supported by rising above 0.08631, the primary resistance section. (1D chart) If it finds support and rises in the 0.08223-0.08631 section, it is expected to surge. So, the key is whether it can move higher than 0.08631. (buy) - After confirming the support in the section 0.08223-0.08631 (Stop Loss) - When resistance is received by falling in the range of 0.07451 - 0.07679 - When it falls below 0.07070 (Sell) - When receiving resistance in the range 0.11228-0.12526 ------------------------------------------------------------ ----------------------------------------------------- ** 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-T indicator used in the chart is an indicator of our channel that has not been released yet. ** 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.) ---------------------------------
by readCrypto
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
Tron USDT Up or down, time will tell. These are suggestions for what might happen. You could already buy around now, if you have low leverage and can have some space for stop loss. Or you could wait and see if price breaks temporary trend line, enter at the lower support line, or wait to see if price breaks down below lower support, and take a short to the downside of the range. Good luck! God bless you all! PS. I do not swear to abide to house rules, cause Jesus told us never to swear by anything. But Yes, I comply with house rules. Regards ThomChris
by thomchris777
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
Tron (TRX) seems needs to complete its correction phase.Hello ladies and lads, hope you are well. Tron apparently is at the end of D wave of ABCDE corrective structure. We should be cautious if we have long positions on this particular coin. On the other side, this could be wrong if we break through the trendline that is ahead of the price. In that case, the price should breakthrough C's Top to invalidate ABCDE corrective structure. Stay agile on days ahead. Ask any question at comment section, and feel free to send me message. Cheers!
Short
by HunkIsHere