Jump to content

TRON /U.S.dollar(TRXUSD) Elliott Wave Technical Analysis 28 March 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 28 March 23,  

TRON /U.S.dollar(TRXUSD)

TRXUSD Elliott Wave Technical Analysis

Function: Follow trend    

Mode: Motive

Structure: Impulse

Position: Wave III

Direction Next higher Degrees: wave (I) of Impulse

Wave Cancel invalid Level: 0.045

Details: Wave II is likely to end at the level of 0.055 and a five-wave rise from this level will confirm it.

TRON /U.S.dollar(TRXUSD)Trading Strategy: Although a sharp drop has yet to break the price structure in an uptrend, TRON is once again standing above MA200. May lead to the 1.618 level of wave I at 0.10586.

TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators below Zero-Line momentum are Bearish.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

TRXDay.thumb.png.ff861a357933dc5c91a16e10fe4f0858.png

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 28 March 23,  

TRON /U.S.dollar(TRXUSD)

Tuesday 28 March 23

TRXUSD Elliott Wave Technical Analysis

Function: Follow trend    

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: wave III of Impulse

Wave Cancel invalid Level: 0.045

Details: Wave II is likely to end at the level of 0.05688 and a five-wave rise from this level will confirm it.

TRON /U.S.dollar(TRXUSD)Trading Strategy: Although a sharp drop has yet to break the price structure in an uptrend, TRON is once again standing above MA200. May lead to the 1.618 level of wave I at 0.10586.

TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators below Zero-Line momentum are Bearish.

TRXH4.thumb.png.89d0e1c4cd7b263333308b665dcded50.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Avail, founded by former Polygon co-founders Anurag Arjun and Mihailo Bjelic, is a groundbreaking modular blockchain project that aims to overcome the limitations of traditional blockchain networks. Launched in late 2020, Avail offers a versatile platform for trust-minimized applications and sovereign roll-ups, providing a secure and scalable data availability layer with customizable consensus. At the heart of Avail's innovation is its Unification Layer, which comprises Avail DA, Nexus, and Fusion. This tripartite approach addresses key challenges in blockchain scalability, interoperability, and security, positioning Avail as a key player in the evolving modular blockchain landscape. Avail's Data Availability (DA) solution stands out with its low-cost, expandable blobspace, enabling numerous rollups and supporting the development of application-specific and general-purpose decentralized applications (dApps). By offering opt-in data availability services for rollup networks, Avail provides a more cost-effective alternative to Ethereum for data storage, making it an attractive choice for developers and projects. The AVAIL token serves as the backbone of Avail's ecosystem, offering users the ability to stake and earn rewards, as well as participate in the project's governance. As Avail continues to evolve, the AVAIL token will play a crucial role in shaping the future of this modular blockchain. For Crypto enthusiast exploring the potential of the AVAIL token and Avail's innovative solutions can be a rewarding opportunity. Bitget's pre-market trading feature allows users to get early access to emerging projects like Avail, giving them the chance to be at the forefront of the modular blockchain revolution. By taking advantage of the exchange pre-market trading, users can stay ahead of the curve and potentially benefit from the growth of Avail and the AVAIL token.
    • Eager to dive into cryptocurrency trading? NakitCoins presents its advanced multi-crypto ATM, streamlining the process of buying and selling bitcoins with unparalleled efficiency. Focused on both security and precision, our platform provides a low-risk transaction environment through our robust monitoring systems.
    • Hi AshishIG, thanks for the quick response. Indeed, I don't see the CTC for 2024, I only see the 'Cost and Charges' document for download.
×
×
  • Create New...
us