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HiteshMalviya
Oct 2, 2019 3:56 PM

TRXBTC is a good LONG on Daily Timeframe Long

TRON / BitcoinBinance

Description

Pattern:

- Ascending Triangle formation on 4H and Daily Timeframe.

Moving Averages:

-Holding support above 50MA on Daily.

Other Indicators:

MACD is looking bullish on the daily timeframe.

S/R Levels:

Support: 0.00000153 BTC, 0.00000166 BTC
Resistance: 0.00000183 BTC, 0.00000193 BTC, 0.000216 BTC

Trade Signal:

Entries: 0.00000164-172 BTC
Exit: 0.00000198-213 BTC
STOP: 0.00000156 BTC

Trade closed: target reached

Comments
PGX-X
That’s a perfectly reasonable trade suggestion - instead of “it’s going to 300 “ I mean please , Rome wasn’t built in a day and TRX will take longer to get back to where it was ... but It feels and looks like some sort of reversal is in play right now
HiteshMalviya
@grunderone, Thanks, All major altcoins look good for a possible reversal.
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