TRX/USD chart - Trading View
Exchange - Bitfinex
Support: 0.016200 (21-EMA); Resistance: 0.017815 (50-DMA)
Technical Analysis: Bias Bullish
TRX/USD was trading 4.28% higher on the day at 0.017496 at 09:30 GMT.
The pair is extending a breakout above 21-EMA resistance, bias remains bullish.
Major trend is bearish, but we see turn in indicators on the daily charts. Volatility is rising.
Stochs and RSI are sharply higher and bullish 5-DMA crossover on 20-DMA supports near-term uptrend.
Further, the pair shows bullish divergence on RSI and Stochs which adds to the bullish bias.
50-DMA offers stiff resistance at 0.017811. Break above will see further gains. Next bull target lies at 23.6% Fib at 0.020280
Immediate support lies at 5-DMA at 0.016272. Retrace below 21-EMA will negate near-term bullish bias.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback 



