TRX (Tron) is showing early signs of a parabolic breakout, supported by strong momentum and a solid technical structure.
After a long accumulation phase, TRX has gained bullish traction and is now accelerating. The price action suggests the beginning of a steep upward curve, often associated with parabolic rallies.
Using Fibonacci extensions, we identify 4 bullish targets:
Target 1: 0.618 Fib - 0.35 – initial breakout confirmation zone
Target 2: 0.786 Fib – 0.39 - key mid-level resistance
Target 3: 1.272 Fib – 0.51 - extended bullish target
Target 4: 1.618 Fib – 0.60 - full parabolic potential
This setup provides a great opportunity for trend traders aiming to ride the wave early.
After a long accumulation phase, TRX has gained bullish traction and is now accelerating. The price action suggests the beginning of a steep upward curve, often associated with parabolic rallies.
Using Fibonacci extensions, we identify 4 bullish targets:
Target 1: 0.618 Fib - 0.35 – initial breakout confirmation zone
Target 2: 0.786 Fib – 0.39 - key mid-level resistance
Target 3: 1.272 Fib – 0.51 - extended bullish target
Target 4: 1.618 Fib – 0.60 - full parabolic potential
This setup provides a great opportunity for trend traders aiming to ride the wave early.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。