Elliott Wave Analysis TradingLounge Daily Chart, 22 June 2023, $TRON /U.S.dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave (I) of Impulse Wave Cancel invalid Level: 0.045 Details: Wave III is usually equal to 1.618 multiplied Length of Wave I TRON /U.S.dollar(TRXUSD)Trading Strategy: TRON Wave((2)) is likely to end at the level of 0.064720, which is enough to retrace Wave((2)) corresponding to a rebound from the MA200 line, making our forecast. Five-wave movement to support this idea. And it could be the start of a new uptrend. TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bearish momentum

Elliott Wave Analysis TradingLounge 4H Chart, 22 June 2023, TRON /U.S.dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave (3) Direction Next higher Degrees: wave ((3)) of Impulse Wave Cancel invalid Level: 0.06392 Details: Wave (3) is usually equal to 1.618 multiplied Length of Wave I TRON /U.S.dollar(TRXUSD)Trading Strategy: TRON Wave((2)) is likely to end at the level of 0.064720, which is enough to retrace Wave((2)) corresponding to a rebound through the MA200 line, making our forecast. Five-wave movement to support this idea. And it could be the start of a new uptrend. TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish momentum

TradingLounge Analyst: Kittiampon Somboonsod, CEWA