TRXUSDT Weekly Timeframe

TRON / TetherUS BINANCE:TRXUSDT

sahandm99

Hello, Hope you all doing well well !
Lets analyse the TRX on Weekly timeframe for a long term investment. 🙂
It seems that price is making a triangle with 5 waves ABCDE. According to “fib time zone” tool, we have a important time on august 2022 that it can be the end of E wave. ( last wave ). Then price will increase to the targets which I marked on the chart.
Don’t forget the TRX burning inception. Be aware of token burning as well. It can help a lot in the market cap.
3/23/2022

**This analysis is not an incentive to buy or sell and is purely educational.**

You might be interested in …

Trading View May 1, 2022

BTCUSD Indecision Moment – 20MA W approaching to 100MA Weekly

BTCUSD Indecision Moment – 20MA W approaching to 100MA Weekly Bitcoin / U.S. dollar BITSTAMP:BTCUSD Skyito Lookin at the past price action, whenever 21MA weekly approached to 100MA weekly, it resulted in capitulation candle being […]

Trading View May 20, 2022

Third test on this support band

Third test on this support band Bitcoin all time history index INDEX:BTCUSD DealingNinja I feel in the current macro environment, we’re more likely to break to the down side, and see a return to the […]

Trading View April 2, 2022

DOT Total Value Locked Soaring on Defi Llama – Fundamentals

DOT Total Value Locked Soaring on Defi Llama – Fundamentals DOT / TetherUS BINANCE:DOTUSDT ich1baN Like Luna, AVAX, and Fantom before it DOT’s TVL is soaring on Defi Llama https://defillama.com/chainshttps://defillama.com/chains Over the past 1 month […]