Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (100).
. 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.
....
Mid-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...
We are doing Analysis of TRX/BTC on weekly Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Anish kumar
TRON (TRXBTC) has been growing since hitting a low in early September. We can see a clear uptrend forming with higher highs (HH) and higher lows (HL) being printed.
The volume is increasing gradually and the price stays above support (EMA10 and EMA50).
Looking at these signals tells me that this pair is very likely to continue growing... Not only for a few days...
TRX safe buy zone 262-322
Target 1 - 373
Target 2 - 413
Target 3 - 471
Target 4 - 529
Target 5 - 607
Target 6 - 662
Target 7 - 715
All targets will be achieved in the long term. Be patient and trust Justin Sun !
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