Buy 0% · Sell 100%
TRX USDT
TRON
Short summary for TRX
Scenario, levels and timeframe alignment.
Dominant share 100%
4 of 4 TF support SHORT
SHORT prevails on the 4h and 1d timeframes, while the 15m and 1h timeframes more often point lower. Shorter and longer timeframes are aligned, making market structure noticeably clearer.
TRX does not have enough closed trades for local statistics yet, but signals and the public feed are already available.
0/100
Quick check of tokenomics, liquidity and contract permissions.
TRX is better approached with patience right now. Main reference: 4h, current scenario: "SHORT is late: do not chase the low".
Signal balance: buyers 0%, neutral 0%, sellers 100%. The current bias is on the seller side, so LONG without confirmation remains risky. Timeframes: 4 of 4 TF support SHORT.
TRX trade history is still building, so current structure matters most now: scenario, signal balance and chart levels.
What is Tron?
Tron's mission is to build a truly decentralized internet and aims to be the largest blockchain-based operating system in the world, known as the TRON protocol. The TRON protocol will offer high scalability, high availability, and high throughput computing to serve decentralized applications via smart contracts. Ethereum EVM-based smart contracts will be compatible and deployable on the TRON network as such Solidity developers do not have to rewrite their applications.
Why Tron?
Since TRON protocol does not rely on proof of work or mining, instead governed by nodes located around the world, it is decentralized while providing high throughput for transactions on the blockchain. This is suitable for dapps that require high speed transactions especially games. There are a number of tokens already issued on the TRON network and the decentralized exchanges TRX.market has launched.
On July 24th 2018, TRON acquired BitTorrent, one of the largest P2P file sharing protocol. As a result of the acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics on the BitTorrent network. The Token will be used to inceltivize file sharing and storage within the network.