TRON / Bitcoin
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TRX 4 hour still in uptrend. Retrace and 5th wave coming soon

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notice the double bottom which was the sharp low head for the inverse HS pattern. Once the other shoulder completed TRX took off which I believe is the brute of wave 3 where it met some resistance and seems to be struggling to break through. Although seems to still be well within the ascending trend and should expect a little retrace down to the bottom red support line and hopefully see another bounce to complete wave 5. Also take note of the MACD bullish crossover. With BTC also increasing I would expect this TRX analysis to be very probable.

-Thanks

#newb
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possible scenario for today
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little update
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TRX possible scenario


that is why I say to buy back in if you shorted in case the cup and handle formation completes and TRX goes into a steep uptrend, you do not want to miss that!

...don't forget TRX MainNet launch is approaching VERY quickly

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.