TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern
On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which generally determines the long-term prospects for us. A breakout of 0.12189 range resistance could be a good signal for growth continuation.
Support levels: 0.11788, SMA Resistance levels: 0.12189
SMA are forming a cross on H4, which is generally a positive signal. A retest of the range resistance may lead to its breakout and further growth to 0.14500.
Regards R. Linda!
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Consolidation within the previously stated boundaries is ongoing
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Retest of resistance and willingness to go higher
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Consolidation above resistance is a good sign
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The coin is still looking strong with the possibility of further continued growth
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A pre-breakdown setup is formed at 0.12300
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Consolidation within the range is being formed. The coin has the potential to go further up, for this purpose it is necessary to overcome the area of 0.12200
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A pre-breakdown consolidation is forming
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TRX is confident amid market declines
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Bullish impulse is formed after resistance breakout
Not
Bullish momentum is actively developing
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The fundamentals of Tether are favorable for the price. Technically, buyers are overcoming bearish boundaries and forming bullish momentum
Not
Confirmation is formed that the price has left the price range
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Amid the falling cryptocurrency market, the reason for which is related to the expiration of BTC and ETH options, the TRX crypto coin is holding strong. We expect the growth to continue
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There is positive momentum. Candlestick set-up shows bullish prerequisites We are waiting for the continuation of growth from 0.127
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