After the United States Securities and Exchange Commission sued Justin Sun, the founder of Tron(TRX), on charges of selling and issuing unregistered securities, fraud and market manipulation of this digital currency, the American branch of the BinanceUS exchange decided to Remove from trading list. The publication of this news caused the sales pressure of Tron to increase somewhat and its price to decrease.
The TRX will be delisted on April 18.
The impact of the TRX delisting news broke the ๐ขsupport zone($ 0.0655- $ 0.064)๐ข.
TRX is currently pulling back to this support zone and will fall to the resistance line after completing the pullback.
On April 18, when TRX is supposed to be removed from the Binance.US exchange, it can increase the selling pressure a day earlier to break the resistance line.
In general, it seems that TRX has formed a symmetrical triangle pattern in the 4-hour time frame, and if the resistance line breaks, TRX can fall to the ๐ขheavy support zone($ 0.0555- $ 0.0447)๐ข.
TRON Analyze ( OKX:TRXUSDT), 4-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
The TRX will be delisted on April 18.
The impact of the TRX delisting news broke the ๐ขsupport zone($ 0.0655- $ 0.064)๐ข.
TRX is currently pulling back to this support zone and will fall to the resistance line after completing the pullback.
On April 18, when TRX is supposed to be removed from the Binance.US exchange, it can increase the selling pressure a day earlier to break the resistance line.
In general, it seems that TRX has formed a symmetrical triangle pattern in the 4-hour time frame, and if the resistance line breaks, TRX can fall to the ๐ขheavy support zone($ 0.0555- $ 0.0447)๐ข.
TRON Analyze ( OKX:TRXUSDT), 4-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me