TRX/USD Elliott Wave technical analysis
Function: Counter trend.
Mode: Corrective.
Structure: Zigzag.
Position: Wave ((C)).
Direction next higher degrees: wave I of Impulse.
Details: Wave IV may be complete and the price increase again in Wave V.
TRON/ U.S. dollar (TRXUSD) trading strategy: Overall, TRON remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.
TRON/ U.S. dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.
TRX/USD four-hour chart
Function: Counter trend
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction next higher degrees: Wave I of Impulse
Details: Wave IV may be complete and the price increase again in Wave V
TRON/ U.S. dollar (TRXUSD) trading strategy: Overall, TRON remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.
TRON/ U.S. dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.
TRON Elliott Wave technical analysis [Video]
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