Tronbitcoin
2 Buy opportunity in TRXBTC , Mid-Term & Short-TermMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000250).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00000277
TP2= @ 0.00000308
TP3= @ 0.00000354
TP4= @ 0.00000416
TP5= @ 0.00000500
TP6= @ 0.00000586
SL= Break below S2
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Short-Term forecast:
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000246).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRXBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.00000264
TP2= @ 0.00000276
TP3= @ 0.00000308
TP4= @ 0.00000352
TP5= @ 0.00000430
SL= Break below S3
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A trading opportunity to buy in TRXBTCTechnical analysis:
Tron/Bitcoin is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 39.
The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000305 to 0.00000260), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000305)
Ending of entry zone (0.00000260)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000352
TP2= @ 0.00000386
TP3= @ 0.00000440
TP4= @ 0.00000485
TP5= @ 0.00000552
TP6= @ 0.00000643
TP7= @ 0.00000735
TP8= @ 0.00000864
TP9= @ 0.00001028
TP10= Free
There is a possibility for the beginning of uptrend in TRXBTCTechnical analysis:
. TRON/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000063 to 0.0000057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000063)
Ending of entry zone (0.0000057)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000075
TP2= @ 0.0000086
TP3= @ 0.0000108
TP4= @ 0.0000148
TP5= @ 0.0000204
TP6= Free