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.
Price is in the support zone...
TRXBTC is following Ascending triangle
As you can see the TRX which is following same foot steps
You can Buy on Support line or on Break out and keep target on height of
Ascending triangle pattern.
Good Luck :)
Note: This is only for Educational Purpose this is not an Investment advice.
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TRXBTC following Adam and Eve Pattern
As per the Study of Adam and Eve Pattern TRXBTC
is properly followng the Adam and Eve Pattern.
So in chart i have mantion A Resistance Line you can check that
if that can break then we can see the target according to the hight
of Adam and Eve Pattern.
Note: This is only for Educational Purpose this is not an Investment...
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
Here we can clearly see the falling wedge formation which is a bullish pattern formation and right now we are at the bottom of the wedge. Put a trade when it gains strength and you can make some good gains. And moreover the indicators like RSI and STOCH RSI Both tell us that we have bottomed. Go ahead. Trade safe.
Happy Trading :)
. 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.
. 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...
Tron touched 61.8% Fib. Retracement level as well as the lower line of downtrend channel and bounced back, so it is likely to go up till 38.2% Fib Retracement level in the short term. Stochastic also giving a buy signal.
1)Currently TRX is in a downtrend channel as seen by the pink lines
2)The immediate resistance will be the red line at 0.00000749 BTC level and...
After closing the day candlestick below the support 695 Satoshi will drop to 540 levels Satoshi and the closing below gives a drop to levels 414 and the closing below gives a drop to 365 Satoshi levels so we have three important buying levels which close below any level gives me the next level but I am heading down to levels 414 and 365 excellent buying areas and...
TRON (TRX), not financial advice.
Might want to sell before token swap situation medium.com
But it could also continue to pump through the swap, trailing stop will protect you.
Target 1: 1000 (870 short term)
Target 2: 1083
possible profit 25% - 34% (7.7% short term)
Next target is around 1130-1199 ranges based on my wave count.
(i personally entered at 740 sats and sold at 1009.. again entered around 800-832 sat ranges)
and that is approx final target. i need more data to find the exact final target.
Here's my bullish wave count on TRON/BTC.
I expect a small pullback at the double top range (1050-1100 satoshis) going into a successful retest.
I personally already have a position in TRON.
However, I'd suggest an entry at the retest of double top range as there's not much price difference from now and then.
Target 1: 1200 satoshis