Cup and Handle formed on TRON a while back.
It then flew up created a falling wedge and has broken up again.
The price remains above 20 and 200MA
So the target is back on track to 3,861
📈 Breakout past $0.30 → TRX cleared this resistance zone
🌐 Strong network fundamentals → Big transaction numbers, high stablecoin flow (esp. USDT), and large on-chain user activity.
CoinLaw
🔁 Positive sentiment + derivatives demand → Futures open interest rising, funding rates showing bulls have upper hand in many periods.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
It then flew up created a falling wedge and has broken up again.
The price remains above 20 and 200MA
So the target is back on track to 3,861
📈 Breakout past $0.30 → TRX cleared this resistance zone
🌐 Strong network fundamentals → Big transaction numbers, high stablecoin flow (esp. USDT), and large on-chain user activity.
CoinLaw
🔁 Positive sentiment + derivatives demand → Futures open interest rising, funding rates showing bulls have upper hand in many periods.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.