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Trxusdtechnicalanalysis

Could TRX/USD Leave the Range?TRON's TRX has settled in a tight range recently. The Relative Strength Index (RSI) avoided the oversold. Looking technically, we will need to see a sustainable move above $0.0148 in order bulls to gain momentum. Once this resistance is out of the way, psychological $0.0150 (H4 100 SMA and the middle line of the daily Bollinger Bands) will be the next target. But failure to move back through the today high $0.01437, where is located also the resistance trend line, could weigh heavily during the day. On downside, first support is the psychological $0.0140 level combined with the lower line of H4 Bollinger Bands. A clear break bellow it will bring further downward pressure and could lead the bears for re-testing November's lows at $0.01296 and $0.01283. Please feel free to share your opinion with us as comment bellow...
BINANCE:TRXUSD
by ForexTrendline
TRXUSD formed BAT pattern | A good long opportunityPriceline of Tron / Dollar has formed a bullish BAT and almost entered in potential reversal zone to hit the sell targets soon insha Allah. Volume profile is showing less interest of traders within potential reversal zone. MACD is still strong bearish and stochastic did not give any bull cross sofar therefore I would suggest to wait for MACD to turn weak bearish or for stochastic bull cross signal then buy. I have defined targets using Fibonacci sequence: Buy between: 0.015435 to 0.015338 Sell between: 0.015667 to 0.016016 Regards, Atif Akbar (moon333)
BITFINEX:TRXUSDLong
by moon333
2
TRX dumped as Justin Sun got sicked, where to buy TRX ?TRX dumped hard this morning after Justin Sun announced to cancel lunch with Warren Buffet due to kidney stones. On a macro view, technically, TRX has finished a rising wedge pattern and a pullback. TRX is facing 61.8% Fib. retracement, which is strong and universal support. If this support can't hold the price, TRX will lose 50% value from this price. On the other hand, TRX might test higher resistances which are the Fib. levels. Ideal buy zone, supports, and resistances are as shown in the chart.
by Batrachotoxin