{"id":379912,"date":"2019-04-26T17:00:28","date_gmt":"2019-04-26T17:00:28","guid":{"rendered":"https:\/\/wncen.com\/?p=379912"},"modified":"2024-06-11T18:09:55","modified_gmt":"2024-06-11T18:09:55","slug":"tron-and-justin-jumble-baidu-disappointment-liverpool-fc-deny-deal","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/tron-and-justin-jumble-baidu-disappointment-liverpool-fc-deny-deal\/","title":{"rendered":"Tron and Justin Jumble, Baidu Disappointment, Liverpool FC Deny Deal"},"content":{"rendered":"<ul>\n<li><em>Tron (TRX) retesting Jan 13-14 lows<\/em><\/li>\n<li><em>Liverpool FC crash Sun\u2019s expectations<\/em><\/li>\n<\/ul>\n<p><em>Tron and Justin Sun are good at marketing, but their claims for partnership with Liverpool FC were untrue after the club\u2019s spokesperson denial of such an arrangement. Good news is Tron (TRX) prices are stable above 2.1 cents meaning there is a window for higher highs towards 3.1 cents or 4 cents.<\/em><\/p>\n<h2>Tron Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>To rival Ethereum and outdo competitors, then Tron honchos must do everything to onboard established firms. The easiest way of doing so is through partnerships, mergers or even outright acquisition. Tron, despite all the marketing blunders and denials, is pretty successful at this. Even so, back in 2018 Tron Foundation and Justin Sun did mislead investors into believing that they had a partnership with Baidu, China\u2019s equivalent of Google. That wasn\u2019t the case after <a href=\"https:\/\/twitter.com\/cnLedger\/status\/56897798\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CNLedger\u2019s clarification<\/a>:<\/p>\n<blockquote><p><em>\u201cThe partnership\u2019 between Baidu and Tron is basically about Tron buying cloud computing resources from Baidu. \u2018The two parties have made no contact at the blockchain business level.\u2019 According to the ODaily, recently, Baidu Cloud and Tron have reached cooperation in the field of basic cloud business. Tron will build, operate and debug blockchain products based on Baidu Cloud to ensure compatibility and optimize development experience.\u201d<\/em><\/p><\/blockquote>\n<p>Now, it seems Justin Sun have eggs on the face after Liverpool FC vehemently denied his hyped \u201c<em>invitation for a partnership<\/em>.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Thank you for the unique and innovative invitation, Liverpool! I am impressed and I&#39;m looking forward to exploring this <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#TRON<\/a> new partnership together! <a href=\"https:\/\/twitter.com\/LFC?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@LFC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/TRX?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#TRX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24TRX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$TRX<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTT?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BTT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTT<\/a> \ud83d\ude07\ud83e\udd1d <a href=\"https:\/\/t.co\/7RhFw7QVbX\" rel=\"nofollow\">pic.twitter.com\/7RhFw7QVbX<\/a><\/p>\n<p>&mdash; H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/87393536?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 24, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>After much fanfare, an official from the football club had to pour cold water on the excitement, saying \u201c<em>Liverpool Football Club has does not have a partnership with Tron<\/em>\u201d and that they had sent out to information invitation to many companies to better understand their business.<\/p>\n<h3>Candlestick Arrangement<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-379913\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?resize=1366%2C768\" alt=\"Tron TRX\" width=\"1366\" height=\"768\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=1366 1366w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/04\/Tron-Daily-Chart-Apr-26.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>While it may be a blip, <a href=\"https:\/\/wncen.com\/2019\/04\/23\/tron-trx-struggling-to-scale-down-5-7-percent\/\" target=\"_blank\" rel=\"noopener noreferrer \">Tron (TRX)<\/a> is on recovery mode but out of the top-10. However, with a double bar bull reversal that would likely form the foundation of another rally recouping gains of early April, traders are optimistic.<\/p>\n<p>Nonetheless, we shall adopt a cautious stand, and even if TRX is trading within a bullish breakout pattern against the USD and ranging, buyers have a chance as long as prices are above 2.1 cents or the lows of the double bar bull reversal pattern of Jan 13-14.<\/p>\n<p>At the moment, we recommend patience until after there is are high volume up-thrusts above 2.7 cents. On a more conservative approach, risk-averse traders should load up when bulls edge past 3.1 cents.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>In the meantime, Apr 25 bear bar is our reference bar. With high volumes, the path towards initiating longs will pan out if there is a full recovery, reversing these losses with volumes exceeding 13 million. Before then, patience is vital.<\/p>\n<p><strong><em>Charts courtesy of Trading View<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tron (TRX) retesting Jan 13-14 lows Liverpool FC crash Sun\u2019s expectations Tron and Justin Sun are good at marketing, but their claims for partnership with Liverpool FC were untrue after the club\u2019s spokesperson denial of such an arrangement. Good news is Tron (TRX) prices are stable above 2.1 cents meaning there is a window for higher highs towards 3.1 cents or 4 cents. Tron Price Analysis Fundamentals To rival Ethereum and outdo competitors, then Tron honchos must do everything to onboard established firms. The easiest way of doing so is through partnerships, mergers or even outright acquisition. Tron, despite all the marketing blunders and denials, is pretty successful at this. Even so, back in 2018 Tron Foundation and Justin Sun did mislead investors into believing that they had a partnership with Baidu, China\u2019s equivalent of Google. That wasn\u2019t the case after CNLedger\u2019s clarification: \u201cThe partnership\u2019 between Baidu and Tron is basically about Tron buying cloud computing resources from Baidu. \u2018The two parties have made no contact at the blockchain business level.\u2019 According to the ODaily, recently, Baidu Cloud and Tron have reached cooperation in the field of basic cloud business. Tron will build, operate and debug blockchain products based on Baidu Cloud to ensure compatibility and optimize development experience.\u201d Now, it seems Justin Sun have eggs on the face after Liverpool FC vehemently denied his hyped \u201cinvitation for a partnership.\u201d Thank you for the unique and innovative invitation, Liverpool! I am impressed and I&#39;m looking forward to exploring this #TRON new partnership together! @LFC #TRX $TRX #BTT $BTT \ud83d\ude07\ud83e\udd1d pic.twitter.com\/7RhFw7QVbX &mdash; H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) April 24, 2019 After much fanfare, an official from the football club had to pour cold water on the excitement, saying \u201cLiverpool Football Club has does not have a partnership with Tron\u201d and that they had sent out to information invitation to many companies to better understand their business. Candlestick Arrangement While it may be a blip, Tron (TRX) is on recovery mode but out of the top-10. However, with a double bar bull reversal that would likely form the foundation of another rally recouping gains of early April, traders are optimistic. Nonetheless, we shall adopt a cautious stand, and even if TRX is trading within a bullish breakout pattern against the USD and ranging, buyers have a chance as long as prices are above 2.1 cents or the lows of the double bar bull reversal pattern of Jan 13-14. At the moment, we recommend patience until after there is are high volume up-thrusts above 2.7 cents. On a more conservative approach, risk-averse traders should load up when bulls edge past 3.1 cents. Technical Indicators In the meantime, Apr 25 bear bar is our reference bar. With high volumes, the path towards initiating longs will pan out if there is a full recovery, reversing these losses with volumes exceeding 13 million. Before then, patience is vital. Charts courtesy of Trading View &nbsp;<\/p>\n","protected":false},"author":384,"featured_media":338323,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12098,36936,11808,11993],"class_list":["post-379912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-justin-sun","tag-liverpool-fc","tag-tron","tag-trx"],"acf":[],"yoast_head":"\n<title>Tron and Justin Jumble, Baidu Disappointment, Liverpool FC Deny Deal<\/title>\n<meta name=\"description\" content=\"Tron (TRX) is successful thanks to a proactive marketing skills of its co-founder, Justin sun. 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His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. 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