Tron has been on a huge downtrend with no sign of reversal still. This leads me to believe the drop is still not over and we have some more dropping inbound. The bullish divergence on Tron has long been invalidated. Currently 260 - 200 could be the bounce zone, but I think if BTC goes below 5.8k we might see under 200 sats per Tron. Therefore, if you have Tron,...
TRON has formed a pattern callled the Falling Wedge.
pitchfork 80 percent
Tron has been moving inside the wedge for too long. It's about time it tries to breakout of it. The RSI was hovering in the oversold region and now has taken a sharp u-turn to comeback within the channel. RSI smoothed over EMA(9) has generated a Buy signal on the 4-H TF. EMA(26) is acting as resistance atm.(See below) The profit taking target can be...
#TRXUSD - is challenging the red line, where the 21- bar moving average lies. The BBs are tightening. #TRX is trading below the red cloud. The cloud signals bearish trending market and the lagging span is also below the candlesticks. TRON is far from a breakout on the daily chart. It still has a long journey, but it is warming up before the big jump. The cloud...
TRON broke out of the falling wedge. We can expect some bullish movement the coming weeks
Using Cm ultimate MA buy sell red green...… keep it simple if you cant do fib retraces. histogram ticking down.
Hi Guys,Let's Look at TRX chart We have 2 Bullish wedge.First one started from May and second one from Jun.You can see first one in main idea chart and second one bellow. In a more exact look to chart we can find two triangle two,first one in the end of trend (red line) and important one is a long term one that i coint on it as a symmetrical triangle,you can see...
TRON has formed a falling wedge, usually these patterns breakout on the 5th touch, prepare for upwards movement.
Here we have a Doji, at the bottom of a trend, also found next to a strong support level and with bullish divergence on the MACD and oversold RSI. " The Doji is an transitional Candlestick formation, signifying equality and/or indecision between bulls and bears. A Doji is quite often found at the bottom and top of trends and thus is considered as a sign of...
The price has now fallen below the support level which was standing for the last couple of months, after breaking below the price retraced back to the broken support and bounced, this means that the support level has now started to act as a level of resistance. This is very negative news for this crypto as the pair is looking to be bearish. I would keep everyone...
Dear community, Tron is a well marketed coin and it has potential. However now it is in a rising wedge that would bring it back to it's long term support at $0.038. All the Best for the Crypto Space. Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
the red median line..... Tron is also fighting thru the golden pocket resistence for the retrace from ATH..... We still have to fight thru the 50 which is around 1000 sats.
Hey guys, Tron is at an important stage right now: We're under the huge previously support/ now turned into resistance area around 0,056. The area was resistance for more than 2 months, and we broke it together with BTCs downtrend, in a clear descending triangle, where the importance of that support break could be seen clearly with a huge red candle. On the Daily...