Get started

TRON / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

TRXUSDT.P trade ideas

TRX/USDT Calm Before The StormGood morning guys ✌️ Saying here "Calm Before The Storm" is exactly what needs to be said. RSI is waiting, BB indicator is neutral (Where is it sitting in the middle of its zones), EMAs have been holding price near them for some time now. Here is expected some major movement soon to happen but which way? Well this we will leave up to you - which way do you think we will move from here? If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
22
TRX: Potential Bearish ScenariosTRX: Potential Bearish Scenarios I am looking at for a potential selling opportunity following the latest BTC price development and also the problems that TRX is having as well. "The #SEC also declares that Justin Sun orchestrated a scheme to manipulate the price of #TRX in exchanges using different accounts involved in daily wash trading activities" as reported by many news agencies. You may find more details in the video. Thank you and Good Luck!
Short
by KlejdiCuni
9
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
TRX/USDT Looking For Short HereHey, traders ✌️ Let's keep it simple here, we see a good chance for a breakdown to happen which can result to a major drop (up to 14%). We are waiting for additional confirmation of drop and we good to go)) If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
5
TRXVIP call LEVERAGE: X5-10 FLAG — A Continuation Pattern. A flag is a period of congestion, less than 4 weeks in duration, which forms after a sharp , near vertical, change in price. The upper and lower boundary lines of the pattern are parallel, though both may slant up, down, or sideways. In an uptrend, the pattern resembles a Flag flying from a mast, hence the name. Flags are also called Measuring or HalfMast Patterns because they tend to form at the midpoint of the rally or reaction. Volume tends to diminish during the formation, and increase on the breakout. Minimum Measuring Formula: add the distance from the breakout point, which started
Long
by ByteMEME
Tron ( TRZ) FlagWhat Is Tron? Tron is a blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Founded in 2017 by a Singapore non-profit organization, the Tron Foundation, Tron aims to host a global entertainment system for the cost-effective sharing of digital content. Initially marketed primarily in Asia, Tron had now gone global. The platform had more than 50 million accounts as of August 2021. 1 Founded by Justin Sun, now its CEO, Tron has offices in Singapore and San Francisco. Born in 1990, Sun also is the CEO of BitTorrent, the file-sharing program. Tron is a blockchain-based digital platform that primarily hosts entertainment applications. It has its own in-house cryptocurrency, called Tronix or TRX. TRX ranks 31st among cryptocurrencies in market capitalization. LEVERAGE: X5
Long
by ByteMEME
1
TRX/USDT Still Inside The Formation!Hey, guys ✌️ Next one on our watchlist is TRX coin. TRX coin has been bouncing from one side to another, where currently we are approaching that upper side of triangle formation! Waiting here for one last liquidation grab to upper zones after what we want to see a potential drop to happen. But we can't leave behind the hypothesis that price can breakout from that upper zone and result the price to go towards $0.077. Stay alerted! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
23
Where Did Justin Sun's Net Worth Go?Formerly his public wallet had +1.1bn in it. See: debank.com It's now down to 177mm... If there is bad news this week, it's possible that we could see issues with the USDD reserves and a liquidity crunch to stabilize USDD. I'm a little worried - saw some reports on Twitter saying that Sun has been deploying capital today and not sure why/what's up. TRX has been going up, and is currently unable to break 0.061. The 5m gap was already filled. This area is a visible line historically. The other thing worrying me is that the Tron Dao Reserves site states that USDD is collateralized 150%, but when I check the actual reserve wallets, it seems to be including the TRX burn contracts. And those values are still overstated by about 200mm on the value collateralizing the 700mm USD in circulation. So... Assume that Justin Sun has 177mm in his public wallet, that the Tron DAO Reserves may just only slightly over-collateralized, and what happens if a crypto ban hits, price drops 20 or 30% on TRX? I'm a little worried about this piece but it may be nothing. Just a curious look around on a sunday.
by decklyndubs
TRX minting is still coming (USDD)...Hello, i believe the current uptrend in btc and alts isnt for too long. i looked up for promising short setups in alts and came across TRX. It seems to trade in a triangle which should break (up or) down soon. Justin Sun still wants to enable the TRX burn and mint functions (the same as LUNA/UST), but there is currently no date for that. Originaly they wanted to enable the TRX/USDD mechanism back in November but Justin Sun delayed it. (He likely delayed it and made the date unknown so traders cant frontrun TRX and sell it off!) USDD is a ponzi and its not even hard to tell, obviously 30%+ APY is a Ponzi. When the USDD/TRX mint will get enabled then it is gameover for TRX. TRX will likely go to like 0.0000001 just like LUNA did if the TRX mint gets turned on. That plus the TA of the triangle makes this an excellent short target in my view. TA + Fundamentals line up and these are usualy good setups. My targets are very conservative interpretation of the triangle resistance, it may aswell sell off earlier. (will look for new short if so) Im still using a tight stoploss and doing low leverage (and kinda hoping it isnt too tight, better pick ur own sl+entry) Note: there´s also counterparty risk. I personaly dont trust Binance for example. (Im using Kraken as its USA regulated but even then, who knows!) Be careful and dont hold more then ur affordable to loose on any exchange. That said, trade safe and please only invest what ur affordable to loose, as Crypto is a fraud ridden bubble (imo).
Short
by Symbio_X
3