Elliott Wave Analysis TradingLounge Daily Chart, 8 September 23,

Tron/U.S. dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag

Position: Wave ((B)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: 0.045 Details: a Short-term pull back of wave ((B)) before Lower in wave ((C))

Tron/U.S. dollar(TRXUSD) Trading Strategy: The fall from 0.0945 extended a five-wave, indicating to downtrend. then the price rise from 0.0706 with the nature of corrective makes us expect this is a rise in the short-term for the move down so the overview is still of the downtrend and the price trend below 0.0706

Tron/U.S. dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, MACD and RSI is a Bullish momentum.

(Click on image to enlarge)!

Elliott Wave Analysis TradingLounge 4H Chart, 8 September 23,

Tron/U.S. dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave ((B)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: 0.045 Details: a Short-term pull back of wave ((B)) before Lower in wave ((C))

Tron/U.S. dollar(TRXUSD) Trading Strategy: The fall from 0.0945 extended a five-wave, indicating to downtrend. then the price rise from 0.0706 with the nature of corrective makes us expect this is a rise in the short-term for the move down so the overview is still of the downtrend and the price trend below 0.0706

Tron/U.S. dollar(TRXUSD)T echnical Indicators: The price is above the MA200 indicating an uptrend, MACD and RSI is a Bullish momentum.

(Click on image to enlarge)

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