First Time Analysis The Tron Coin Price

we do break out of the shorter term triangle usually that leads to a even bigger triangle all the time we see it all the time we break out of like an ascending triangle then we happen to be in a symmetrical triangle all these triangles everywhere in these cryptocurrencies

Cryptocurrencies love symmetrical triangles ascending triangles descending triangles and the normal rules don't really apply to crypto you see this descending triangles break up all the time you see ascending triangles break down all the time it just it doesn't follow typical technical analysis rules we just kind of have to look at it's kind of a pattern that forms on i like to look at as a reversal

We have the symmetrical triangle which usually is a continuation pattern but we did break out that shorter time frame but we could just be forming this longer term time frame one and i want to see us get a bounce off the bottom of this and pop up i don't want to see us break this law this line that i redrew right if we break that's going to get us below 30 below that three cents level it goes below the three cents level we could be you know going to much lower lows to at least about

You know the 2.5 cent level that's really kind of the next support level that i see for tron we're going to quickly jump on to the next chart what i see kind of in the shorter time frame but this is on the daily charts a little bit longer time frame in the four hour we do have this great support forming on the top of this old top local top here which is we want to see we want to see these support and resistance flips because that leads to a healthy bull runfor these cryptos w've already gotten one touch here and we've gotten we're kind of making this double bottom pattern if we can get a better bounce going up right we're gonna look at later

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