Get started

TRON / TetherUS PERPETUAL CONTRACT

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

TRXUSDT.P trade ideas

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/USDT looking for "liquidation hunt" hereGood morning 👋 Another one that have been on our mind is TRX coin where it has been doing some interesting movement recently. As we all see we had multiple liquidation huntings where price just dropped and got pushed liquidating many traders who took any position on that coin. Currently being above both EMAs we see that there is a chance for another drop to occur due to the fact that we have been not moving into any direction here (means no volume is currently backing any movement). History has shown us that this kind of momentum is often used as a good entry to short. We are waiting for price to reach below the EMAs and see how it will react to that zone. 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
12
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
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
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