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RizeSenpai
Mar 27, 2024 3:01 AM

TRXUSDT: Fast Trend Holding On and Targeting 17 Cents Long

TRON / TetherUSBinance

Description

TRX recently Bearishly reversed after testing the upper bound of a Bearish Butterfly, now TRX has pulled back to the faster trend line. If the Faster Trend on TRX Continues to hold out, as it has several times already, I think Tron could attempt to make a higher high which could lead to it reaching the ultimate 3.618 Fibonacci Target off the back of Hidden Bullish Divergence.
Comments
lollol1616
is 0.17 all TRON can do?
RizeSenpai
@lollol1616, Based off the current setup 17 cents is what the target will be. There is a longer term setup that could take it much higher but the scope of this trend bounce only targets 17 cents which is a 41% move so I'd say that's pretty good.
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