Ascending traingle that was challenging the lower resistance looked liked breaking upwards a few days ago but was shut right down and started challenging the lower resistance again. On the hourly it looks like it might rise just a little but on the daily it's definitely going down. Over the next two days it looks like it'll break the lower resistance and the...
The weekly technical chart of TRX highlights a positive trend built by the coin with modest price corrections in between. A sudden spike in price movements can be seen from Jan 3, 2021. A symmetrical triangle continuation pattern is formed on Tuesday's trading session. TRX successfully broke down that pattern for a downward movement with the resistance zone placed...
$TRX TRX has formed an Symmetrical Triangle. We might see break-out on the upwards if volumes support it. It has cross $0.032712 to be in a bullish territory.
Third Chance Trade Setup summary:
Profit targets = 150% = { TP5 = 28% + TP6 = 44% + TP7 = 78% }
Stop Loss =12%
Reward/Risk > 12.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (0.02780) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.014). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. TRXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
