Get started
AMBCrypto_TA

Tron [TRX] to rebound from this ascending trendline support?

Long
TRON / TetherUS (BINANCE:TRXUSDT)  
AMBCrypto_TA Updated   
BINANCE:TRXUSDT   TRON / TetherUS
Trend Analysis Chart Patterns Technical Indicators TRON tronusdt tronusd tronusdtlong tronusdlong Tron trontrx trxusdt
3
1
trendanalysis chartpattern indicator tron tronusdt tronusd tronusdtlong tronusdlong trxusd trontrx trxusdt
Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds.

Entry - $0.07899
Target - $0.08259
Exit - $0.07800

RR - 3.46
Trade closed: target reached:
snapshot

Entry was tested and the bearish OB was cleared.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.