Tron (TRX): Trend Holders 100&200 EMA Are Switching Trend | Sell
TRX is about to make a very important reversal, the reversal of the EMAs, which will mark the trend switch of the long-term holders 100 and 200 EMA.
Price has been moving way too well for the last months, outperforming the majority of coins.
The plan here is simple, as sellers are building up volume we are expecting a decent move to lower zones, which will start as soon as we see the breakdown from local lows (the zone where we talk about entry on the image).
After that we will just glide the same way along the EMAs like we did to the upside, but in the opposite direction.
Swallow Academy
Price has been moving way too well for the last months, outperforming the majority of coins.
The plan here is simple, as sellers are building up volume we are expecting a decent move to lower zones, which will start as soon as we see the breakdown from local lows (the zone where we talk about entry on the image).
After that we will just glide the same way along the EMAs like we did to the upside, but in the opposite direction.
Swallow Academy
🚨 Some setups may not look logical if you’re new to our page. Years on charts build the habit of sensing psychological market direction. So far working :)
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Some setups may not look logical if you’re new to our page. Years on charts build the habit of sensing psychological market direction. So far working :)
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.