Tron Aims to Break Out Above Resistance

Share Article
In Brief
  • TRX/BTC is following a descending resistance line.

  • TRX/USD has successfully completed a double bottom pattern.

  • A golden cross has taken place on the daily time-frame.

  • promo

    Want to learn how to trade? Get a beginners guide from _BeInCrypto Academy_ now!

The Trust Project is an international consortium of news organizations building standards of transparency.
The Tron (TRX) price has completed a short-term bullish pattern and is making its third attempt at breaking out above an important resistance area. Current Resistance The TRX price has been following a descending resistance line since February 24, currently trading only slightly below it. The price has been rejected four times by this line, until now. However, the latest movement

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Daily signals, Bitcoin analytics and traders chat. Join our Telegram today!

Let’s Go

A step-by-step guide how to trade Bitcoin profitably

Learn now