TRON (TRX) is showing a bullish continuation structure within an ascending channel, following a breakout from a falling wedge pattern.
Currently, the price is consolidating inside a small bullish pennant, indicating a potential breakout to the upside. If this breakout materializes, it could trigger a rally toward the Fibonacci extension levels.
📌 Key Targets:
0.29849 (200% Extension)
0.31102 – 0.31222 (224% Cluster)
0.33207 (261.8% Extension)
📈 Technical Confluences:
Price is trending steadily within an ascending channel
Previous breakout from a falling wedge pattern confirms bullish sentiment
Higher lows structure remains intact
The pennant pattern typically resolves in the direction of the prevailing trend
📉 Invalidation Level:
A breakdown below the lower trendline and 0.258 support would invalidate the bullish scenario.
This chart setup offers a favorable risk/reward opportunity if the breakout is confirmed with strong volume.
Currently, the price is consolidating inside a small bullish pennant, indicating a potential breakout to the upside. If this breakout materializes, it could trigger a rally toward the Fibonacci extension levels.
📌 Key Targets:
0.29849 (200% Extension)
0.31102 – 0.31222 (224% Cluster)
0.33207 (261.8% Extension)
📈 Technical Confluences:
Price is trending steadily within an ascending channel
Previous breakout from a falling wedge pattern confirms bullish sentiment
Higher lows structure remains intact
The pennant pattern typically resolves in the direction of the prevailing trend
📉 Invalidation Level:
A breakdown below the lower trendline and 0.258 support would invalidate the bullish scenario.
This chart setup offers a favorable risk/reward opportunity if the breakout is confirmed with strong volume.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。