Hey everyone!
Many of you asked me to tell what do I think about
TRXBTC
. So here we are.
First of all, I don't like TRON as a project, never was interested in it, but it doesn't mean we can't make money on it, right?
Here is
TRXBTC
1D chart. It looks okay from the first sight, but let's take a look at it a bit closer.
We have huge accumulation zone around 400 satoshi, where we've been for almost a month, someone needed to buy it here.
And we also have resistance zone at around 1k satoshi. Huge psychological resistance level as well.
We can see local support line at 765 satoshi. And now we have chances to enter down trend. As 15 EMA is about to cross 30 EMA.
And now, the most interesting part! Take a look at Awesome Oscillator, which was above 0 since 23 of March, but now it went below 0. It's a bearish signal. Let's wait and see how our support line will work.
But we all know that TRON likes to being PUMPED.
So may be you want to buy some, just in case it will have a great pump.
I, honestly, better stay away from this coin. And you decide by your own, always make your own research.
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!
Many of you asked me to tell what do I think about
TRXBTC
. So here we are. First of all, I don't like TRON as a project, never was interested in it, but it doesn't mean we can't make money on it, right?
Here is
TRXBTC
1D chart. It looks okay from the first sight, but let's take a look at it a bit closer. We have huge accumulation zone around 400 satoshi, where we've been for almost a month, someone needed to buy it here.
And we also have resistance zone at around 1k satoshi. Huge psychological resistance level as well.
We can see local support line at 765 satoshi. And now we have chances to enter down trend. As 15 EMA is about to cross 30 EMA.
And now, the most interesting part! Take a look at Awesome Oscillator, which was above 0 since 23 of March, but now it went below 0. It's a bearish signal. Let's wait and see how our support line will work.
But we all know that TRON likes to being PUMPED.
So may be you want to buy some, just in case it will have a great pump.
I, honestly, better stay away from this coin. And you decide by your own, always make your own research.
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!
Support line is working great for TRON so far. AO is still below 0 and Stochastic is showing "oversold". EMAs are about to cross in downtrend. TRON looks good even when BTC is falling down.
I am interested what will happen next. Will keep you updated, guys!
Don't take risks, wait for the confirmation of trend.
Please leave a like and follow, let's make money together!
Thank you!