TRXUSDTTRX has broken out of the rising wedge pattern and is now aiming for the $0.15 resistance level. We anticipate further upward momentum in the coming days. However, it's important to note that there may be profit-taking near the resistance level. If you're holding long positions, consider booking pro
Key data points
Previous close
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Open
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Day's range
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About Market Cap TRX, $
Coin
TRX.X in upward trend: price rose above 50-day moving average onTRX.X moved above its 50-day moving average on January 10, 2024 date and that indicates a change from a downward trend to an upward trend. In 42 of 66 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 64%.
Technical Analys
trxusd- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing on the chart.
- Volume is very bullish and also RSI is prepared for another pump!
- Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.