After breakout, TRX is oscillating in the regression trendline. 4h RSI is oversold. Still price is going above major blue trendline and it left very strong support levels behind. But it might retest regression trendline one more (0.15500-0.15400) (0.14600-0.14400) (0.13200) I'm still very bullish and holding my TRX in my spot wallet. But I will wait...
It rejected from fibo 0.618 (around 0,16751) 4h RSI is nearly overbought . The view make me very bullish still. Daily RSI is rising. I am rebalancing my TRX positions: I closed my x2 futures position with 36% profit (Entry Price: 0.13628, Closed Price: 0.16635) . It can still break the fibo level after daily close but I will look for new safe entry points. ...
TRX is retesting downtrend which is broken 2 days ago. Everything is going natural. Still there is no close below EMA 21 and EMA8 is going above EMA21 ( green up triangle represents where EMA8 crossed up EMA21) , which means to be direction is still upward. Also 1h RSI is oversold. A strong support area (red oval circle) has been formed, supported by: EMA 34...
TRX is aiming for it's previous ATH on USDT pairing and major resistance on the BTC pairing at 310 sats. IT has a lot of momentum with good volumes and is just breaking out of an ascending triangle on the 4hr TF.
TRX breakout the bullish Pennant or Symmetric Triangle in the 2h chart. Retest and confirmation is very important for new entries. I will target 0.382 fib extension level (0.14660) in the first stage. RSI supports the breakout. Also price is still above the ascending triangle which I posted yesterday. All parameters make me so bullish. If you agree or...
Hi guys, as we clearly see, TRX has a good breakout pattern, the next one will happen on the 14th, tommorrow : BE READY! Good potential on 0.2$ target, golden fib ratio.
TRXUSDT (1H CHART) Technical Analysis Update Head and shoulder pattern TRX/USDT currently trading at $0.070 Buy-level: $0.067 - $0.070 Stop loss: Below $0.063 Target 1: $0.075 Target 2: $0.085 Target 3: 0.100 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Tron has been somewhat of a slow mover this bull market, perhaps the sentiment from the previous cycle as somewhat of a 'scam' coin has hindered it. However this presents an opportunity for growth. I'm watching the overhead diagonal resistance here for a break to enter. As can be seen from the RSI there is still plenty of room for a move to the upside. Also have...
OVERSOLD MACD AND RSI+CROSSED UP PRICE FROM SMA200+ASCENDING VOLUM +AN STRONG SUPPORT AT 0.056 +DESCENDING BTC.D= A LOW-RISK LONG POSITION UP TO 0.066 IN COMING DAYS AND MAYBE HOURS
Hey guys, just sharing here my idea about the new trend that potentially has started after having completed the ABCDE correction in the larger degree WAVE 2 (shown in green). The correction ABC (shown in purple) is an irregular correction, showing signs of weakness for the bears and as you can see the following wave 5 sky rocketed making a 50% price increase. If...
#TRXUSDT Technical Analysis Update Resistance line Breakout TRX/USDT currently trading at $0.0295 LONG ENTRY Level: 0.02895 to 0.02950 STOP LOSS: below $0.02800 Resistance level 1 (Target 1) :$0.03100 Resistance level 2 (Target 2): $0.031200 Resistance Level 3(Target 3): $0.03430 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account...