Tron (TRX) Daily Price Forecast – January 28

2019-1-29 22:57

 

TRX/USD Medium-term Trend: Bearish

Supply zones: $0.04000, $0.05000, $0.06000
Demand zones: $0.01000, $0.00900, $0.00800

TRON returns to a bearish trend in its medium-term outlook. After a progressive journey to the supply area ta $0.03122 in the supply area, the bulls lost momentum. The bears kept the pressure strong with the formation of a large bearish marubozu candle at today’s opening.

The cryptocurrency initially dropped to $0.02685. Strong bearish momentum increase led to a further drop in price to $0.02544 in the demand area.

TRXUSD structure in the medium term is the head and shoulder pattern. It suggests that the bears remained in full control and price may be down to the $0.02400 in the demand area in the medium-term.

TRX/USD Short-term Trend: Bearish

The cryptocurrency is in a bearish trend in its short-term outlook. The 1hour opening candle signaled the bears possible takeover and later confirmed by the bearish engulfing at $0.02910 that broke the EMAs crossover and closed below it.

TRXUSD was initially to $0.02682 before minor pullback which saw the coin back up at $0.02866 in the supply area. This was a correction to the downward move and after exhaustion, the bears returned $0.02544 in the demand area was the low attend as another correction resume before the bears stage a strong comeback in the short-term.

 

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0263471 (-100%)

supply bearish zones trend tron area medium-term

Источник: bitcoinexchangeguide.com

supply bearish → Результатов: 126


Фото:

Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.

2018-12-12 01:52


CARDANO (ADA) Long-term Price forecast-December 1

ADA/USD Long-term Trend –Bullish Supply zone: $0.0600, $0.0800, $0.1000 Demand zone: $0.0100, $0.0080, $0.0060 ADA returns to a bullish trend in its long-term outlook. The strong bearish pressure was gradually weakening after the formation of a bearish spinning top on 25th November when ADAUSD was down to $0.03306 in the demand  area. Each bullish push […]

2018-12-2 22:49


Bitcoin Cash SV (BCHSV) Daily Price Forecast – November 29

  BCHSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $30, $20, $10 BCHSV is in a range-bound market in its medium-term outlook. $74.26 in the demand area was the low the bearish pressure could drop the cryptocurrency before rejection by the 50-EMA which acted as strong support for the bulls come back. […]

2018-11-29 12:48


Ethereum Price Analysis: ETH Might Soon Be Heading for a Quick Rebound

Supply levels: $140, $166, $190 Demand levels: $126, $106, $88 ETH/USD Medium-term Trend: Bearish On the 4-Hour chart, ETH is on the bearish trend. Ethereum broke out of the consolidation phase yesterday as the Bulls lost the pressure to push up the price and the bears gained momentum and pull the price down to the […] The post Ethereum Price Analysis: ETH Might Soon Be Heading for a Quick Rebound appeared first on ZyCrypto.

2018-11-21 20:37


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

TRON (TRX) Price Stabilizes Amid Rumors of Justin Sun FTX Buyout

The Tron (TRX) price shows bullish signs in the short-term, indicating a relief rally towards $0.055. However, the long-term trend is considered bearish until that area is reclaimed. The post TRON (TRX) Price Stabilizes Amid Rumors of Justin Sun FTX Buyout appeared first on BeInCrypto.