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Tronshort

Tron [TRX] to face price rejection at range highTRX has been oscillating within the $0.0670 - $0.0710 range in the second half of May. Price action has hit the range high and could expose TRX to more selling pressure. A likely drop could offer a shorting opportunity targeting the support zone of $0.06700 - $0.06770 (cyan). The zone was a crucial resistance in the second half of April but was flipped to support in May. Entry: $0.07074 (below range high) Target: $0.06700 (resistance-cum-support) Stop-Loss: $0.07176 (above range high) R:R - 3.9
Short
by AMBCrypto_TA
1
Tron SHORT TO $0.03 - $0.02Tron is one of my favorite Altcoins, and I believe it's going through an A-B-C correction. This looks like a zig-zag correction so the zig-zag correction is a 5-3-5 wave correction and I believe it might do the following next: We are now in the 5 wave series of Wave(C) - it's at sub-wave(4). I believe SW(4) will be played in the Sub-wave 4 zone in the diagram 0.045 TO 0.065 and it's going to be a complex wave that's going to be for a few days if not weeks. The interesting fact about this zone is it's the confluence of 78.6% retracement of the BIG wave from 0 to 0.18 and also a 61.8% fib-extension of corrective wave A & B Now coming to it's at sub-wave(5) and to see where it ends. I believe SW(5) will end in the REVERSAL zone 0.025 TO 0.03. The interesting fact about this zone is it's the confluence of 88.6% retracement of the BIG wave from 0 to 0.18 and also a 78.6% fib-extension of corrective wave A & B Please provide your feedback, like and share is appreciated
Short
by JAN360
2
😯 Tron Taking On Multi-Year Resistance. (TRX)✌Tron was valued all time high around 23 cents and currently sits at 1.6 cents. This setup from a far could be a massive bull pennant setup. This will be the 4th time we attack this downward Resistance to see if we can finally get a breakout on tron. Justin sun the founder of trx has his hands in a lot of areas in the cryptocurrency market and has established a massive following. This coin is known to be a strong competitor to the top dog ethereum. Could be a nice setup for a long term play, stay sharp! 💰💰💰 Best of luck, 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
BINANCE:TRXUSD
by UnknownUnicorn2319099
9