The 4hr timeframe of Tron (TRX/BTC) as shown below is annotated and the numbers indicated on the chart are discussed below in an ascending order: (1) This is a falling wedge that captures Tron’s price action between May 12, 2018 and July 12, 2018. The chart pattern is bullish (albeit not 100% of the time). Termination of the wedge falls on the major bullish...
Okay I am here to give some analysis about The Small Giant what? yeah The Small Giant is TRX -0.54% the one that have highest volume in binance After BTC 0.16% Broke to the 81xx we know trx -0.54% have some corrections but see after the corrections it's make a pattern see it below 1. Do you know whats the pattern name? Yeah right bullish bat after some...
Clear Pennant/Flag forming, break out alerts triggered. Will be watching TRX/BTC like a hawk this week. Never get married to a position, you need to be malleable.
Who's in for some TRX coffee ? After completion of the first CupNHandle (blue) it is highly likely to form 1 or even 2 additional CupNHandles. For the 2nd CupNHandle(green) to form the handle, the price needs to dip around 65 area before heading back north. For the 3rd CupNHandle(red) to form the handle, the price needs to dip around 75 area before heading back...
As u can see, the price is falling but RSI is showing some divergence, and slightly up. Also RSI is oversold, and MACD blue line is above yellow that is showing us that can go up. The price can go down to previous resistance and support at 452, and then bounce up.