Tag: Tron Technical Analysis

  • technical analysis tron trx
    Technical

    Tron (TRX) Price Watch: Major Correction Taking Place

    Tron Price Key Highlights Tron has tumbled to the bottom of its descending channel on the 4-hour time frame but support is still holding. A pullback could take Tron price up to the channel resistance again and the inflection points might keep gains in check. Technical indicators are...

    Sarah Jenn | August 23, 2018 | 4:24 am
  • Technical

    Tron (TRX) Price Watch: Which Way Will It Break Out?

    Tron Price Key Highlights Tron has formed lower highs and higher lows to create a symmetrical triangle pattern. Price just bounced off the top and may be due for a test of support soon. Technical indicators suggest that there’s a chance for support to break and lead to...

    Sarah Jenn | July 27, 2018 | 6:02 am
  • Technical

    Tron (TRX) Price Watch: Bulls Gaining Momentum?

    Tron Price Key Highlights Tron completed an upside break from a double bottom neckline, indicating that gains are in the cards. However, price got rejected on nearby resistance at 0.04000 and is currently pulling back to gather more bullish energy. Price seems to have bounced on the retest...

    Sarah Jenn | July 26, 2018 | 4:39 am
  • Technical

    Tron (TRX) Price Watch: Small Reversal Pattern Sighted!

    Tron Price Key Highlights Tron price could have another shot at a rally as it broke above the neckline of a short-term double bottom. Price is hitting resistance around 0.0400 and may be due for a pullback before resuming the climb. Applying the Fibonacci retracement tool shows the...

    Sarah Jenn | July 25, 2018 | 4:12 am
  • Technical

    Tron (TRX) Price Watch: Bears Are Back in the Game

    Tron Price Key Highlights Tron is still trending lower inside its descending channel visible on the 4-hour chart. Price got rejected at the resistance again and is moving lower to test the Fibonacci extension levels. Technical indicators are giving mixed signals on whether bullish pressure could return or...

    Sarah Jenn | July 24, 2018 | 4:05 am
  • Technical

    Tron (TRX) Price Watch: More Bulls Ready to Join This Retest?

    Tron Price Key Highlights Tron recently broke past a descending trend line on the 4-hour chart to signal a reversal from the downtrend. Price hit resistance at 0.0435 and is in the middle of a correction from the rally. Using the Fibonacci retracement tool shows the near-term support...

    Sarah Jenn | July 20, 2018 | 4:30 am
  • technical analysis tron trx
    Technical

    Tron (TRX) Price Watch: Bullish Momentum Kicking Back In

    Tron Price Key Highlights Tron price recently broke to the upside of its falling wedge pattern to signal a pickup in bullish momentum. Price is starting to trade inside a smaller rising channel and is currently testing the top. There are more hints of bullish pressure but Tron...

    Sarah Jenn | July 17, 2018 | 4:31 am
  • technical analysis tron trx
    Technical

    Tron (TRX) Price Watch: Short-Term Reversal Formation in Sight

    Tron Price Key Highlights Tron has formed an inverse head and shoulders pattern on its 1-hour time frame as a classic reversal signal. Price has already broken past the neckline to confirm that an uptrend is underway. Tron also seems to have completed a quick retest of the...

    Sarah Jenn | July 3, 2018 | 4:34 am
  • technical analysis tron trx
    Technical

    Tron (TRX) Price Watch: Bulls Waiting at This Area of Interest

    Tron Price Key Highlights Tron is trending higher but seems to need a correction before drawing more bullish pressure. Tron is safely inside its ascending channel and is currently gearing up for a test of the bottom. Technical indicators are suggesting that the uptrend could resume soon. Tron...

    Sarah Jenn | May 23, 2018 | 4:34 am
  • technical analysis tron trx
    Technical

    Tron (TRX) Price Watch: Bullish Run Ready to Resume, Upside Targets

    Tron Price Key Highlights Tron broke out of a consolidation pattern previously highlighted to reflect a return in bullish momentum. Price could move up to the Fibonacci extension levels next, especially with catalysts underway. Technical indicators, however, have yet to catch up to reflecting bullish pressure. Tron broke...

    Sarah Jenn | May 21, 2018 | 3:41 am

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