TRX to bleed more?

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Hello Friends,

Here is my view on TRX,

Currently, it seems like support is holding the price. But volume is very low at support means people are not showing much interest. I dnot see a decent bounce from support which can give hope and gain momentum.

So, it would fall more.

I would watch the chart again with my alert setup when it breaks the triangle. I would be happy to buy on the breakout, but now with strict stoploss.

a close up view:
snapshot
Note
Bleeding continues. More sell on the break of the support around 740
Note
Bleeding continues. Price would react at 640 levels and slowly head to 450
Note
Bleeding continues. Price would react at 640 levels and slowly head to 450
Note
Bleeding continues. Price would react at 640 levels and slowly head to 450

Price broke and reached 480 in Binance.

Watch the Doji formation on daily. That is the first sign and close above today's high is the second sign.
Note
450 seems holding well.

Time to buy, break below 450 on panic, it may reach 220 levels.
Note
here is the latest update, 450 holds well.

snapshot
Note
TRX took the support very well and returning to next levels.

Our guys bought it at 450 with target of 900, 1200, 1600, 1800 and much more.
Note
We are more than 50% profit here. Right buy at 450 and above hold for more targets.
Trade fermée: cible de profit atteinte
We have reached the low upto 450 levels.

And it had decent bounce from 450 to 1000. 100%, hope you booked profits around 900 levels.

Lets have a new thread to talk about TRX.
Chart PatternsTrend AnalysisTRXtrxbnbtrxbreakoutTRXBTCTRXETHTron

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