Trxusdt
TRX/USDT can easily break out of the Bearish channel.Hi every one
TRON/USDT
TRX has been ranging In a bearish channel for quite sometime. and Now there is a Great chance that TRX would Break this channel and be ready to do a bullish movement.as you can see the 5 First waves of Elliot waves (Impulse waves) has been completed and now is time for ABC waves! so the price can Do a bullish movement and After a correction and a pullback to the channel Go for another Bullish wave. Note that the price will fall after the completion of the third (C) Wave. If you pay closer attention you can also see a Regular Bullish Divergence on MACD .this is also a Great Bullish sign as well!
summery:
-TRX has completed the first 5 waves of Elliot waves principle.
-It's now time for ABC waves (Bullish waves)
-There is +RD on MACD
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Thank you for seeing idea .
Have a nice day and Good luck
Tron Trend AnalysisAs i have shown in the picture trx is going according to the trending lines which is downtrend. So buy accordingly, I have made some resistance and support which are according to previous charts. Let me know your thoughts on this. Follow for more TA
TRXUSDT Is about to Breakout of the Triangle
Welcome back Traders, Investors, and Community!
Hi Traders, TRXUSDT on H4 if it breaks above the Resistance line there would be a possibility for long. If it breaks below the Support line it might go around 0.059 before it goes up
⬆️Buy at 0.059 or Buy at Resistance Breakout
⭕️SL @ 0.055
✅TP1 @ 0.073
✅TP2 @ 0.082
✅TP3 @ 0.092
We will have more FREE forecasts in TradingView soon
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