TRXUSDT Price Projection @ 1HR Frame | This chart shows the areas of support and resistance based on elliot wave values (I might call it Elliot Lines). Price is projected to reach 0.036 level. After touching this level, price will retrace back to 0.34 but if it breaks through 0.036 or 0.037, a new support area will form. Buy zone is at 0.034 level with 5% stop-loss, and the sell zone is potentially at 0.036 to 0.037 level, however, watch out for the price to break through to this level and hold the buy position in the mean time.
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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.