TRON / BitcoinUpdated Tron 457
If the 23.60% fib doesnt stop it at 500 then the bottom of the channel is 457
Note
Trx new candle opened inside the arc pair - Targets of 500 and if breaking that 457 still standNote
Trx found support on the 23.60% fib at 500 sats again - Currently sitting just above the 2x1 Gann fib ray which may be the new uptrendNote
The 2x1 is now ascending support - Resistance at the Top of Square above the candles at 570-575 Note
Todays candle is trapped in the arc, should open tomorrow outside the arc on support of the 2x2 gann fib ray Note
Tron broke a downtrend it had struggled with the last 2 peaks - the candles are through now and its normal after breaking a downtrend to slide down the top of it to rejoin the uptrend - If Tron breaks the bottom of the channel its currently in at around 585 its going down further to around 555 - Should the price break through the 5th arc around 688 its going to 800 Note
577 Sats is looking like the uptrend, needs to rejoin after breaking the downtrend Note
800 is the target Note
Trx peoples, just sayin'....
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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.