Tron | Major Correction (Biggest Since 2021)
Updated
Bitcoin's capitulation event will affect the entire Cryptocurrency market...
➖ Tron is great.
➖ Tron is a true Cryptocurrency —an amazing project.
➖ Tron has its own economy and really works to help people exchange value. We love it.
Technical Analysis
➖ Looking at this weekly chart, TRXUSDT, the first thing that is revealed is the strong uptrend, a very long one. This uptrend is coming to its end.
➖ The pattern that reveals the end of the uptrend is the rounded top, followed by a second rounded top coupled with a lower high.
➖ These signals and patterns are accompanied by, first, an increase in bearish volume and, second, a decrease in overall trading volume.
Price Action Dynamics
Expect the drop to be fast and strong. TRON is not looking to be in a "bear market" for long as there is no bear market, we are simply looking at a strong correction that is only natural, normal and expected after such a long period of growth.
This pair is really strong, so some of the targets can miss. The first one, black line, is sure to hit. Actually, knowing Crypto, it will crash and flush everything up just to shake things out a little bit before a year that will be forever remembered as the year when Cryptocurrency changed the world.
👉 In the year 2025 people will know Crypto just as they know Email, Cellphones and Drugs.
Namaste.
➖ Tron is great.
➖ Tron is a true Cryptocurrency —an amazing project.
➖ Tron has its own economy and really works to help people exchange value. We love it.
Technical Analysis
➖ Looking at this weekly chart, TRXUSDT, the first thing that is revealed is the strong uptrend, a very long one. This uptrend is coming to its end.
➖ The pattern that reveals the end of the uptrend is the rounded top, followed by a second rounded top coupled with a lower high.
➖ These signals and patterns are accompanied by, first, an increase in bearish volume and, second, a decrease in overall trading volume.
Price Action Dynamics
Expect the drop to be fast and strong. TRON is not looking to be in a "bear market" for long as there is no bear market, we are simply looking at a strong correction that is only natural, normal and expected after such a long period of growth.
This pair is really strong, so some of the targets can miss. The first one, black line, is sure to hit. Actually, knowing Crypto, it will crash and flush everything up just to shake things out a little bit before a year that will be forever remembered as the year when Cryptocurrency changed the world.
👉 In the year 2025 people will know Crypto just as they know Email, Cellphones and Drugs.
Namaste.
Note
Today Tron (TRXUSDT) is producing the highest bearish volume on a daily basis since March 2023, this after a major lower high. This indicates that we are set to experience much lower prices before the correction is fully over. Prepare in advance.
Trade closed: stop reached
This is a total failure.
I was completely wrong on this one.
Tron is moving higher not lower.
We continue trying, trading, learning and improving.
We will learn from this experience in order to mature and grow.
Some we win, others we don't.
Namaste.
Note
New entry: 
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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