Assalamuwlaikum
Dear tron-fan-club friends.
I hope you are all well by the grace of Allah. Alhamdulillah I'am also well blessing of Allah.Iam @zobayerr
I did some analysis by looking at Trx coin.
I hope you like my analysis.
We know Trx is a standard coin.
Especially as a member of @Tron-Fan-Club I should analyze and share with you so that if my analysis is correct you will benefit.
Let's get started,
First we go to the trading view and we see the candles.
First the screenshot was shared.
In the last post we drew a triangle and saw that the chances of Trx coins going up or down were equal.
You can see the effort is being made to create support by piercing the triangle and touching the upper resistor.
The biggest thing is that we will now see how much more opportunity there is for our candles to go up or down with the Hyken Ashi candles.
Let's take a look at the Hyken Ashi Candle and get a better understanding of where our future Tirex Coin movement is heading.
You can see that Hyken Ashi candles are going upwards and at one point the green candles broke the resistance of the top and could not support.
We know about the Hyken Ashi candle that the movement of this candle is expressed in two ways. Number one is that when going up, all the candles start to turn green from the beginning and when there is a possibility of market movement coming down, it turns red and goes down and starts to turn red.
In the Hyken Ashi candle we can see that the green candle has come out again by making a support below by not being able to break the resistance above us. And we know very well that when the green candle comes out, the chances of the market going up are very high. Once the resistance is broken by the green candle and the support is created, the market will have a chance to go up safely but the price of bitcoin depends on everything.
We can see that the pressure of buyers is much higher than that of sellers.
As far as we can see from the Hyken Ashi Candle, the market conditions are good. Now, if the price of Bitcoin stays stable or goes up, we hope to see something better with this Tron Coin in the future.
But now we can understand by analysis how far we can go from the next support.
Let's move on to the next screenshot.
We can see that if the support is made properly then the last time resistance will try to touch.
We see that there is a possibility of a price increase of more than 30%
If the situation with Bitcoin is good then we can wait to see a better future for Tron Coin.
Now we have to keep our eyes and ears open and have patience to see the good days.
I have shown this analysis entirely from my own thinking and my own skills. It's good or bad, you analyze it yourself and then invest on this coin.
I hope everyone will be well and healthy.
Speciallylly thanks #tronfanclub
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Yeah, thanks for sharing this information my friend.
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thanks for supporting me
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Nice piece, you've analysis the price of TRX using a great technical tools.
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thanks dear
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You're welcome
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