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TRON / TetherUS

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TRXUSDT trade ideas

🟩 TRXUSD - best crypto I can findThis is the best crypto coin that I can find. VOLUME On the bottom you are seeing only the above average volume weeks. We have the famous Wall of Blue (for the IBD students) and a classic VDU-voodoo (Volume Dry Up, for the Gilmo Students) on the right. PATTERN The Pattern printed is a typical VCP (for the Minervini students) BASE CHARACTERISTICS We have very strong positive week closes on the bottom of each contraction. Every week has closed +40% of its close range. RELATIVE STRENGTH The RS compared to ETH or BTC is off the chart! If I am to buy any crypto this one looks like a real high probability setup
Long
by TintinTrading
1
TRX/USDT bullish momentum?? 👀 🚀 Tron Today Analysis💎Paradisers, gear up for a fantastic opportunity with TRXUSDT! We're currently observing it testing resistance levels and setting the stage for a bullish ascent👀 💎Right now, we're looking at two potential scenarios. First, if the price of TRX successfully breaches the resistance at $0.08459, expect a bullish surge. On the other hand, if selling pressure remains strong and the price fails to break through the resistance, we anticipate a retest of the support level at $0.08111, where a bullish continuation could occur. 💎Additionally, if the support level at $0.08111 is broken, consider planning a short entry in #Tron. In this case, your take-profit should be set at the next support level. Keep your charts updated and Stay one step ahead of the market 🌴
Long
by MyCryptoParadise_Simon
1
TRON H1 2023 OverviewTRON is an open-source, public blockchain network designed for the creation and deployment of decentralized applications (dApps) founded in 2017. TRON officially became a decentralized autonomous organization (DAO) in Dec 2021, making it one of the largest community-governed DAOs. It employs a Delegated-Proof-of-Stake (DPoS) consensus mechanism, where 27 Super Representatives are elected every six hours to maintain the network. TRON's Virtual Machine (TVM), which uses "Energy & Bandwidth" instead of gas, allows affordable execution of smart contracts and is compatible with Ethereum's Virtual Machine (EVM). With a multi-layered architecture, TRON is recognized for its high transaction speed, low cost, and hosts the largest circulating supply of stablecoin Tether (USDT). Fundamentals and Performance At the end of H1 2023, TRON’s block height exceeded 52.5 million. There were 7,385 nodes across the network, representing a 33.5% increase over H1. In early April, the deployment of Stake 2.0 (TIP-467) on TRON’s mainnet was approved. Stake 2.0 aims to bring greater flexibility to the TRON staking model, enhancing resource utilization and system stability. It separates high-frequency resource delegation from low frequency staking operations, allowing resource re-delegation without unstaking and improving resource management. By adding stake, delegate, and vote commands to the TRON Virtual Machine (TVM), it expands use-cases and supports more applications. Moreover, Stake 2.0 introduces a delay in unstaked TRX arrival to bolster the staking model's stability and create a more predictable network for participants while removing the 3-day non-voting period. At the end of H1, TRX staked through Stake 2.0 accounted for 10.8% of the total stake, benefiting from added support for Stake 2.0 by the likes of Trust Wallet, Gaurda Wallet, NOW Wallet, and Via Wallet, among others. For the full report click here .
Education
by ReflexivityResearch
TRX CAN FALL VERY SOON (1D)The structure of TRX in the daily and weekly time frame is the same as the previous analysis. The correction has started from the place where I have marked the red arrow. It means a big diametric! But the trx went above the red box of the previous analysis and made a stop hunt. I think we are at the end of wave F and we will have a fall for wave G. In the red box, we are looking for a downward trigger to enter the sell/short position. The green area is relatively strong support. I specified the invalidation level, closing a daily candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
TRXUSDTThis is a 1D frame analysis for TRXUSDT The price is fluctuating within the supply and resistance zone and if it fails to establish itself above the resistance line, we can expect a decrease in price. However, if it is able to establish itself above the supply and resistance zone, it can move towards its second resistance line. We expect the price to return to its support zone and, following a bullish pattern, move towards the resistance zones after it hits the support line and establishes itself above it. If it breaks and establishes itself below the line, it can start moving towards its next support line after a pullback.
Long
by MarsSignals
TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support . Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
TRX Short, JustLend insolvency, very asymmetrical risk-rewardReally there's no reason for me to post this here, but since ideas (at least the chart) cannot be edited retro-actively, maybe I'll get hired off of this and someone will give me 100 mill to play with at a trading desk once my theory proves correct. I believe Justin Sun's JustLend platform is insolvent and it's another Terra Luna / FTX type situation brewing. On top of that, going just by TRX's chart and TA alone, it's primed for a major correction. All other major DeFi lending platforms have roughly $1.5 - $3 dollars on the supply side for every $1 on the borrow side. Since the borrow side APYs are often 2-3x higher than supply side APYs, these numbers at glance make sense and seem sustainable, dare I even say, Allah forgive me, profitable for the platform. AAVE TVL $4.597b AAVE BORROWED $2.478b COMP TVL $1.923b COMP BORROWED $909.26m SPARK TVL $441m SPARK BORROWED $199.88m VENUS TVL $957.03M VENUS BORROWED $334.32M (Core pool) MORPHO TVL $917.95M MORPHO BORROWED $463.97M Queue Justin Sun's JustLend. For every $1 on the borrow side, there's...$55 on the supply side. Yup. It doesn't take a PhD mathematician to understand that in order for a supply-borrow ratio of 55:1 to be sustainable whilst offering DeFi market competitive APY rates, the borrowers would have to pay such obscenely high interest rates, it would put your local friendly loansharks Vlad & Olek to shame. Yet, JustLend seems to offer APY's comparable to platforms with a healthy supply-borrow ratios. How is this sustainable then? Fraud, stupidity and debauchery - going by occam's razor. So Justin Sun being a crafty little fella, wanted to get his hands on the crypto equivalent of JPow's LaserJet 9000 HP, ideally without the public's knowledge He then proceeded to recently print nearly a billion USD "worth" of TUSD, and deposit that into his platform He staked Wrapped Staked USDT (wstUSDT) because there's no borrow APY but massive supply APY. So even at 0% pool utilization from the borrower's side, there's 4.21% APY for the supply side. Where the hell is this money coming from? Well, fret not, as Justin as a one word answer for us. T-Bills. Yep. However there isn't a single iota of proof anywhere, on-chain or off-chain, that these T-Bills exists and are actually sitting somewhere, bought by real hard cash, earning that sweet sweet 5%. Furthermore, T-Bills are 5%, but some pools offer at high utilization % of the pool upwards of 30% APYs. The entirety of JustLend feels like 2 + 2 = apple pie. Nothing here adds up or checks out, but maybe I'm just too autistic to understand Justin's genius. wstUSDT, the made up "stablecoin" by Justin actually has a higher supply side APY than borrow APY. This is like your local retail bank giving you a 3% mortgage while the feds fund rate is at 5.5%. It doesn't make any sense. There could be multiple explanations for what he's doing with the printed TUSD. 1) Best case scenario, there's unironically $850~ mill sitting somewhere, actually backing these TUSD tokens 1:1. Which means he deposited the money into his own pool, in order to farm his own token, to launder money. Either "Look guys, I didn't print this money out of thin air, I farmed it in my lending platform" Or "This is not dirty money, look I launde...I mean earned it via farming it in my lending platform" 2) The unfortunately much more likely scenario, is that Justin's billion dollar airdrop isn't backed 1:1 by real cash, and quite possibly isn't backed at all due to him having direct access to the Print button. He's deposited the money into his platform to prop the failing platform up, in order to be able to cover the large discrepancy between what borrowers are paying for the platform versus the APY that has been promised to the liquidity suppliers. Possibly using the farmed tokens to swap them out for other (supposedly farmed) rewards in the backend to be able to pay out those yields. I will post more tidbits in the comments later. I'm not able to post links unfortunately, but everything I talk about can easily be verified by google.
Short
by pleasantChart82888