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Trxusdt

TRXUSDT Technical AnalysisTRXUSDT is moving up after the rejection at the Support in an Ascending Triangle. We have series of Green candles which shows Bulls are dominating the market at the moment. When the price reaches the Resistance we might get a short Pullback down to 0.066 and again move up or the price may break above the Resistance and heads up to 0.093. everything would be clear when the prices reaches the Resistance and in the lower TFs like 1H or 30M we might see good opportunities to enter a long trade. Buy at 0.066 or Buy at Resistance Breakout SL @ 0.05 or at Support Breakout TP1 @ 0.093 TP2 @ 0.109 Happy Trading:)
Long
by Fibonacci-Signals
Tron TRXUSD SHORTS are edging towards ATHClearly the market sentiment is very negative. We are witnessing BTC shorts and Alts Shorts are creeping up so high. This is proven in Alts Market Cap that failed to maintain both levels, the 1D 50EMA and 1D 100EMA. And currently hovering above the 3D 50EMA. And here we are with TRXUSD Shorts nearly at ATH. So yes the market is expecting a dump. BUT, and this is a FULL CAPS BUT, keep in mind this: 1) Market expectation is one thing. Remember, when the market was cheering for 100k few weeks back? What happened next? Market tanked? 2) So yes, we may go down from here. And since we are addressing TRX, TRX may go down along. But always expect a correction. So don't but your farm here, and be realistic and conservative when it comes to targets. We are going down as indicators are showing so. How far down? Follow closely each TA for an exit target. And be extra conservative and cautious. Lastly, DYOR, do your own TA and never fall for cheerleaders or blood hunters. This is not a witch-hunt, this is a market that follows fundamentals and trends.
BITFINEX:TRXUSDSHORTSShort
by eBlockChain