Price is testing right now the resistance at 12943 sats, however, it has been doing continuous lower lows into the resistance, also the RSI shows the potential to keep going lower until oversold. the price probably would crash to the lower resistance at 12011 sats before going up again
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The price of TRX seems to be pushed down last month tp let somebody to get in with less expenses. Anyway its still in the up trend channel.
Tron is lunching Mainnet on the May 31 and they will start migration of their coin at 25-th of June.
Be ready for the explode.
Meanwhile, if the price will continue to stay in the channel it can bring you up to an additional 150%.
This is my first TA that I have shared, please let me know your thoughts,
What we have here is a head and shoulders pattern with a rising neckline. If we look at the past H&S formations we can see that we have had a retracement to the initial pivot of the first shoulder as a minimum. We have also retraced approx 80% on the second H&S(2) distance from...
I hope you all have been taking advantage of the raise in value of TRX. I opened this 1W chart for the first time in months. Finding this orange trend line. Only to be surprised that it has been holding up for about a year. Both as support and resistance. The white horizontal line was the closing value of TRXETH at it's highs. The red line being the wick of the...
I'm testing a set of indicators which I explained in this idea (click the bitch):
Checking the 2h chart:
Stoch RSI: slightly bearish
Ichimuko Cloud: slightly bearish
Bears 2 : 0 Bulls
The Bears win this...