TRX the sleeping giant...

TRX has retraced significantly from highs, putting investors with serious FOMO who bought at the top under water. However, our long term outlook remains bullish . TRX is a sleeping giant. The Elliott Wave indicates that this is simply the corrective phase, which is a great buying opportunity. We have a divergence between the Kovach OBV and the price, which portends that a breakout is nigh.
We have strong support from the central moving average of the KRI at 662 or so. Beyond that, we have further support from a Fibonacci Level at 591, so beware that TRX may test this level. Following some momentum, 1425 should be a reasonable target.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out