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ForecastCity
Jun 26, 2018 3:42 PM

There is a possibility for the beginning of uptrend in TRXBTC Long

TRON / BitcoinBinance

Description

Technical analysis:
. 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.

Trading suggestion:
. 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 (0.0000063 to 0.0000057). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000063)
Ending of entry zone (0.0000057)

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= @ 0.0000075
TP2= @ 0.0000086
TP3= @ 0.0000108
TP4= @ 0.0000148
TP5= @ 0.0000204
TP6= Free
Comments
gokugod
I see the same
Koorosh_FX
@gokugod, me too!
MANTP
Since trx is under the buy zone, is it possible for you to do an update?
Thank you
Best_Forecast
This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
Koorosh_FX
Nice analysis as usual
you are great
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