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FieryTrading
Sep 9, 2023 1:34 PM

🔥 TRX Keeps Winning While The Rest Loses Long

TRON / TetherUSBinance

Description

TRX has been trading in a very stable uptrend since the November FTX lows. Whilst the market has seen a lot of volatile ups and downs, TRX has been very gradually increasing in value.

Most important aspect of the chart is the bottom support of the parallel channel (the top resistance is a direct copy of the bottom support). This support has held 5-6 times already and doesn't look like it will fail soon.

I'm aiming for a longer-term move towards the top resistance.
Comments
lucazoid1990
Keep an eye on the right shoulder that may be forming on this one, that could reverse the trend and given that the overall market trend is now bearish (at least for the short to medium term), I think this is more likely to spill.
FieryTrading
@lucazoid1990, Thanks for the contribution
yaxxin
please 🙏 do analysis on Space ID IDUSDT
Kaloian
the way you do TA looks like the guys in casinos explaining how they will win..
FieryTrading
@Kaloian, I'm interpreting this as a compliment, thanks a lot
Kaloian
@FieryTrading, they never win XD thats the catch. bless you more money for me
FieryTrading
@Kaloian, Cheers good luck
pullbacksignal
pullbacksignal
Really like your chart, I have the same opinion
SwallowPremium
We really like the statements you pointed out. It looks very solid. Thanks for sharing!!
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