Long

TRON TRX ON MAJOR BULL RUN - TEST NET - COIN BURN - MAIN NET - L

Mis à jour

Tron TRX is on a major Bull Run potential. I would recommend for everyone to forget about there short term targets and just stay in for long term. If you've been in the game for a long time, then do profit sells and refills along the way as you see MACD crossovers on 4H charts which is one of the best ways to track short term price corrections and retractions. With that said I guess you already figured that we personally will be staying in TRON TRX for a long time because potential for it is huge and with successful Test Net launch, current price valuation will be massively undervalued. Let me highlight 'successful' Test Net launch. That means that if something does go wrong with that release we may see price retraction in short term.

MACD still indicates ways to go, RSI indicates short term re-tracement at least to our RSI support area indicated on chart.

Members will receive more updated on this trade and when to buy or sell.

Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.

Transaction en cours

Note

Here's my original chart from few weeks ago

Tron (TRX) on Binance To Moon on Test Net Confirmation? (L)

Note

Can I get some likes on this idea for support? Thank you!!

Note

Lets reach #1 first spot on TRXBTC on tradingview

Note

We will probably get a lot of FOMO in next few days which will push price up - be patient

Note

From current outlook we may see retracement to 550 area

Note

We still have room for re-tracement but uptrend is at good odds as well

Note

This is a classic J-curve from the looks of it

Note

Long term holders should buy now

Note

Short term watch with caution or buy with tight SL

Note

Possible reversal in works

Note

We are bullish on TRON - strong in the new trend channel

Note

Reminder that test net is tomorrow! Huge event as Tron is becoming 'functioning' cryptocurrency

Note

Several hours until Test net launch

twitter.com/Tronfoundation/status/979750245050433536

Note

TRON LIVE STREAM SUMMARY

Overall, Justin Sun did a great job firstly on timely release of Test Net and second of all with the actual live stream. He talked about getting Tron listed on more mainstream exchanges (smells a lot like Coinbase), as well he talked about introducing more trading pairs for Tron, emphasizing most of his attention on USD pairs.

He also mentioned about their team size increasing to over 100 people who came from Alibaba, Alipay, Amazon and other large companies. He said that Tron is much more then just a ‘gaming’ currency and that they will surpass volumes of Ethereum and even Bitcoin.

OVERALL THOUGHTS

Tron network was the main talk on live stream with possible Ethereum/Tron airdrop happening in near future in attempt to acquire more users to migrate from ETH or TRX. Their goal is to dominate Ethereum, which is a huge statement from Justin.

My thoughts are these… Don’t FOMO, because usually when it sounds too good to be true, it just might be. Can we make good profit on this coin? Possibly. Will it be the next big thing? Likely, however watch it cautiously please.

“TRON beats Ethereum today” - Justin Sun. It’s clear that this is their main competitor which they aim to destroy.

WHAT TO WATCH FOR IN FUTURE?

At this time we will be looking towards mid of April when news on Main Net will be released and then towards June when we will have a possible Main Net release with coinburn.

Coinburn —> to issue 1 TRX, over 1,000 TRX will have to be burnt

Note

Chart has been updated due to retraction

TRON (TRX) BINANCE MAIN NET PAUNCH - COIN BURN UPDATE - (L)

CryptoManiac101

Publications connexes

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.