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TRX

TRX / BTC Main trend. Linear graph. Trend reversal zonesI specially made a line chart in order to more clearly show the long-term trend itself without the "market noise" that a candlestick chart gives. The idea is to understand where the price is now locally and where the trend is, as well as to visualize the potential for price growth in case of a breakout of the main trend line (red). As you can see, the price is now trapped in accumulation with a 44% step. The secondary trend line is already broken and behind. As soon as the price overcomes the zone of the main trend line, there will be a "burst of price growth". While there is an opportunity, accumulate this cryptocurrency. Also, you should pay attention to the effectiveness of the use of this blockchain now, the speed and cheapness of transactions.
by SpartaBTC
13
TRX ends bullish run after 7 percent riseTron price analysis shows bearish signs once again as price gave away upper momentum to fall prey to bears. TRX endured a 2 percent decrement over the past 24 hours, after rising more than 7 percent over the past 2 days to form promising signs. Price has faced multiple rejections around the $0.06 mark during the current month and looked to be heading past that resistance zone during yesterday’s upswing. However, similar to the decline within the larger cryptocurrency market, TRX ceded momentum as bearish momentum took over today. TRX trading volume rose around 2 percent while market capitalization fell 2 percent as well, to confirm a bearish outlook.
BINANCE:TRXUSDLong
by henryartem
TRX is in the BIG channel! Wait for a pullback!Tron (TRX) is in the BIG channel! After falling by 22% like last time, the price began to rise. Now we are touching the lower boundary of the channel! This could be a trigger for growth or at least a local pullback. Pay attention to the volumes - this is an indicator of a BIG player! Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5