On H4, the price found support at 0.025, where divergence was formed between the price and the RSI, indicating a temporary end to the downside movement. Besides, the price made a breakout form trend line.
An upward impulse is formed on H1, which portends a possible continuation of the price growth, and the price found support at 0.026 and RSI already have reached...
The priceline of Tron has almost completed bullish Cypher pattern on midterm two day chart, the targets as per Fibonacci sequence of Cypher are:
Potential reversal or buying zone: $0.0244 to $0.0202 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.0277 to $0.0356
Atif Akbar (moon333)
The priceline of Tron has formed bullish Gartley, the targets as per Fibonacci sequence are:
Potential reversal or buying zone: $0.03253 to $0.02791 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.03616 to $0.04491
Atif Akbar (moon333)
TRON ( TRX ) Finally Closes Over Long-Term Resistance
On Aug 13, the TRON ( TRX ) price broke out from a long-term resistance level . After a potential short-term correction, the price is expected to resume its upward movement towards the next resistance area . TRX Long-Term Levels The TRX price has been increasing on top of an ascending support line since...
Hi guys and gals hope you are doing well and welcome to the new update on Tron coin. Few days back TRX coin was likely to break down the channel’s support but this week it is again entered in the channel.
Even though TRX was moving down with Bitcoin and all top alts to break down the channel but the release smart contract privacy protocol was scheduled on 7th July...
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
We recommend buying when the RSI reaches an oversold level on the H4.
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation...
Hi guys hope you are doing good. In today's article we will watch how the Tron is completing the setup for the long term bullish rally that can take the price action of TRX to $1.
Up channel, moon phases and EMAs:
The price action of TRX is moving within an up channel since after mid of March 2020. During this bullish move the price action of TRX is using the...
At 1d output from the triangle.
At the retest you can try the purchase.
The target is the upper limit of the channel.
There is a key level to which I will be attached.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Hi friends hope you are well and welcome to the new update on Tron. After the drastic drop from Feb to March 2020 the TRX has started the recovery rally like all other top coins. On daily chart the priceline has formed an up channel for the upward movement and recently on 10th and 11th May we have witnessed strong bearish candlesticks. And at that time the TRX was...
A big descending triangle move:
Since November 2018 the price line of phone is moving within a descending triangle. On weekly chart after the recent strong bearish trend the price line of TRX is again reached at the support of this triangle. And now we have third candlestick that is hitting at the support. The first candlestick that has touched the support of...
Formation of BAT:
On September 2019 the price action of Tron started the formation of bullish BAT pattern this pattern was completed on December 2019.
After completion of BAT it was expected that TRX will take the bullish divergence from the potential reversals zone of this bullish BAT and it will soon enter in the Fibonacci projection area of A to D leg from...
TRX has successfully completed a double bottom pattern, and could increase all the way to the next resistance area at $0.03.
-There is a completed double bottom near an all-time low. Afterwards, the price increased above the top between these lows ($0.02) and is currently in the process of validating this area as support. The next resistance area is found at...