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TRXETH

TRX/USDT:- Anticipating Correction towards Key Support Levels ?In this technical analysis, we delve into the price action of TRX/USDT, examining crucial resistance and support levels to decipher potential market movements. Resistance Area - 0.07800 - 0.07850 TRX/USDT has encountered a substantial resistance area at 0.07800 - 0.07850. This zone has historically posed as a formidable barrier halting upward price momentum. Anticipated Price Correction - 0.07100 - 0.07200 The potential correction is projected to lead the pair towards the support zone ranging from 0.07100 to 0.07200. This area holds significance due to its historical role as both a support and consolidation zone. Bearish Order Block Analysis - 0.07800 - 0.07850 Presently, TRX/USDT finds itself trading within a bearish order block, precisely coinciding with the resistance area at 0.07800 - 0.07850. This bearish order block signifies a cluster of price levels where selling pressure has outweighed buying activity. The alignment of this bearish order block with the resistance further strengthens the expectation of a downward movement. Stay informed, stay cautious, and keep a keen eye on the evolving market trends.
Short
by Un_trade
A second Chance to Buy TRXETH ...Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The price is below the 21-Day WEMA which acts as a dynamic resistance. . Relative strength index ( RSI ) is 50. New trading suggestion: *There is still a possibility of temporary retracement to suggested support line (0.00010430). if so, traders can set orders based on Price Action and expect to reach short-term targets. *If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00010430). 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 : Trade Setup: We opened 7 BUY trade(s) @ 0.00007474 based on '2-Day Hammer' entry method at 08.23.2018. Total Profit: 20792 pip Closed trade(s): 10604 Profit Open trade(s): 10188 Profit Closed Profit: TP1 @ 0.000084 touched at 08.26.2018 with 926 Profit. TP2 @ 0.000094 touched at 08.28.2018 with 1926 Profit. TP3 @ 0.000104 touched at 09.21.2018 with 2926 Profit. TP4 @ 0.000123 touched at 10.08.2018 with 4826 Profit. 926 + 1926 + 2926 + 4826 = 10604 Open Profit: Profit for one trade is 0.00010870 (current price) - 0.00007474 (open price) = 3396 3 trade(s) still open, therefore total profit for open trade(s) is 3396 x 3 = 10188 All SLs moved to Break-even point. Take Profit: TP5= @ 0.000145 TP6= @ 0.000319 TP7= Free
Long
by ForecastCity
There is a trading opportunity to buy in TRXETH Technical analysis: . TRON/ETHEREUM is in a range bound but the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . The RSI downtrend is broken, so the probability of a resumption of uptrend is increased. Trading suggestion: . We have already opened 7 BUY trade(s) @ 0.00007898 based on 'a reversal candle ( Bullish engulfing )' entry method at 07.24.2018 in our suggested support zone (0.000075 to 0.000070). Beginning of entry zone (0.000075) Ending of entry zone (0.000070) 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= @ 0.000084 TP2= @ 0.000094 TP3= @ 0.000104 TP4= @ 0.000123 TP5= @ 0.000145 TP6= @ 0.000319 TP7= Free
Long
by ForecastCity
Don't miss the great hunting opportunity of TRXETHTechnical analysis: TRON/ETHEREUM s 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 45. Trading suggestion: The price is in a range bound but we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone (0.000090 to 0.000076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.000090 ) Ending of entry zone (0.000076) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000104 TP2= @ 0.000145 TP3= @ 0.000319 TP4= Free
BITFINEX:TRXUSDLong
by ForecastCity