TRXThe 70-day resistance trend line is well broken :)
If it can cross the 0.068 resistance, it can be expected to move towards the target of 0.082 to 0.089 in the short term and then move towards 0.11 and 0.13 cents.
My buy is in the range of 5 cents and for the medium term with a target of 0.20 to 0.22 cents.
trx requires patience.
Trxusdt
Possible TRXUSDT Targets - 30 USD by the end of this waveIn one version for TRX charting, one would assume that TRX topped in its wave 1 in April 2021 at about 0.166, when bitcoin realized its ATH .
following the market correction, TRX retraced to 0.381 FIB and held that support level quite well.
If things continue well, the long term targets for TRX are shown in this chart, hitting the 1.618 FIB at the end of wave 3, retracing to Fib 1 (might go deeper as wave 2 was not that strong) , before realizing a new ATH .
PS: this chart ain't a financial advice
TRX/USDT can easily break out of the Bearish channel.Hi every one
TRON/USDT
TRX has been ranging In a bearish channel for quite sometime. and Now there is a Great chance that TRX would Break this channel and be ready to do a bullish movement.as you can see the 5 First waves of Elliot waves (Impulse waves) has been completed and now is time for ABC waves! so the price can Do a bullish movement and After a correction and a pullback to the channel Go for another Bullish wave. Note that the price will fall after the completion of the third (C) Wave. If you pay closer attention you can also see a Regular Bullish Divergence on MACD .this is also a Great Bullish sign as well!
summery:
-TRX has completed the first 5 waves of Elliot waves principle.
-It's now time for ABC waves (Bullish waves)
-There is +RD on MACD
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Thank you for seeing idea .
Have a nice day and Good luck
TRXUSDT Is about to Breakout of the Triangle
Welcome back Traders, Investors, and Community!
Hi Traders, TRXUSDT on H4 if it breaks above the Resistance line there would be a possibility for long. If it breaks below the Support line it might go around 0.059 before it goes up
⬆️Buy at 0.059 or Buy at Resistance Breakout
⭕️SL @ 0.055
✅TP1 @ 0.073
✅TP2 @ 0.082
✅TP3 @ 0.092
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