TRON $TRX Local Bottom
$BINANCEUS:TRXUSDT on the Binance US exchange has found support at $0.063. The 4H chart shows how Pivots High Low can help identify support and resistance, and price direction changes. The Low Pivot on this chart shows a local bottom and happened on an exhaustion candle with very low volume. Low volume on a downtrend could indicate a change in trend direction.
The overall price action of
TRX is still on a downtrend on the daily and weekly charts.
The premium indicator applied to the chart has recently triggered a BUY signal on the
TRXUSDT pair.
The overall price action of
TRX is still on a downtrend on the daily and weekly charts.The premium indicator applied to the chart has recently triggered a BUY signal on the
TRXUSDT pair.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.