Nothing much to explain about it , it just broke a triangle on weekly time frame and retested it too . I think we can have a rally to the downside from here . I am already short .
Cup and handle formation in the 4h. To make an entry, wait for breakout and retest on the trendline. For targets, using fib we can start taking profits.
This analysis is for those who are looking for some good investments in the crypto market. As we can see many meme coins getting pumped and dumped within a few hours, due to which, the beginners loose a lot of money. So, if you're one of those people, or you got some losses from the crypto market, Tron (TRX) is one of the coins which might give good returns on...
Tron in the process of forming H&S ? If the pattern formation completes, enter short. Looking how BTC is going to play out (fall), TRON will likely complete the pattern. NOT FINANCIAL ADVICE.
Weekly chart analysis of TRX Looking to add at both levels on the support zone
this analysis is just an idea, it is not an investment advice please, if you liked my analysis give me a like and leave me your feedback!
Third Chance Trade Setup summary: Profit targets = 150% = { TP5 = 28% + TP6 = 44% + TP7 = 78% } Stop Loss =12% Reward/Risk > 12.5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (0.02780) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New...
Trade Setup summary: Profit targets=4230 pip (420 + 710 + 1330 + 1770) Stop Loss =760 pip Reward/Risk > 5.5: 1 Current Status: Total Profit: 2415 pip Closed trade(s): 1280 pip Profit Open trade(s): 1135 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : Closed...
Trade Setup summary: Profit targets=10200 pip (3000 + 7200) Stop Loss =2400 pip Reward/Risk > 4.2: 1 Current Status: Total Profit: 17100 pip Closed trade(s): 4300 pip Profit Open trade(s): 12800 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.0183 touched at 2020.06.08 with...
Trade Setup summary: Profit targets=19400 pip (7300 + 12100) Stop Loss =5400 pip Reward/Risk > 3.6: 1 Current Status: Total Profit: 19500 pip Closed trade(s): 4300 pip Profit Open trade(s): 15200 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: ...
Technical analysis: . Tron/US Dollar 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 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action...
Technical analysis: . Tron/US Dollar 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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0145 to 0.0111). if so, traders can set orders based on Price Action...
Technical analysis: . Tron/US Dollar 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price...
Technical analysis: . TRON/DOLLAR is in a downtrend 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 34. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone...
Technical analysis: . TRON/DOLLAR is in a downtrend 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 41. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price...
trx needs to break that descending channel now I can see that 20 day ema green slightly crossing the 50 day ma black which is a bullish sign and candles are forming above the both moving averages but still we need to wait because its decision time for trx 560-570sat is a strong resistance need to break this descending channel and 565 resistance
Technical analysis: TRON/DOLLAR s in a range bound and resumption of uptrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44. Trading suggestion: The price is in a range bound but we forecast the uptrend would resume. There is a possibility of temporary retracement to suggested support zone (0.0562 to...