TRON (TRXUSD) Elliott Wave Technical Analysis 16 September 2022

TRON (TRXUSD)

TRXUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: Wave (C)

Direction Next higher Degrees: wave ((2)) of Motive

Details: In the sub-wave of wave (C), the price continues to decline. but must not be higher than 0.0651

Wave Cancel invalid Level: 0.046621

TRON (TRXUSD) Trading Strategy: the effort of a bear market to push the price down again after failing to break through the resistance at the MA200 line could be an opportunity. Open a short position in the short term

Binance Coin (BNBUSD) Technical Indicators: MACD Histogram has a Hidden. Bearish divergence, the price has an opportunity reversal.

(Click on image to enlarge)

 

(Click on image to enlarge)


More By This Author:

Elliott Wave Analysis: U.S. Indices - Friday, Sept. 16
Elliott Wave Technical Analysis - Binance Coin
Elliott Wave Analysis: European Indices

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with