Technical analysis by SwallowAcademy about Symbol TRX: Sell recommendation (4/16/2025)
https://sahmeto.com/message/3421519

SwallowAcademy
Rank: 2485
Analytical Power:
2.2

We are seeing a possible downward movement to occur on Tron coin, where recently we have broken from that pattern of BOS on a bullish trend where we had a decent sell-off, which showed the dominance of sellers in that region. As we are seeing a smaller bullish overtake now, we expect to see something like a "double top" pattern, where afterwards we want to see a break of the neckline/support, which then would result in a market structure break and give us a good entry for short. Swallow Academy
Translated from: English
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$0.25395