ZOGRAS

TRX / BTC Analytics

BINANCE:TRXBTC   TRON / Bitcoin
TRON is a decentralized blockchain protocol which goal is to create a worldwide entertainment system with liberal public content through DTL - users can publish and store any data.
The project is distinguished by a large-scale PR campaign, numerous coin-related events and news from developers are widely discussed in the media space. However, the news background is weakly reflected in the current rate.
Coin trading volumes are stable, although relatively low. The minimum of this year was formed at the level 0.00000259. Comfortable entry points are in the range of 0.00000330-0.00000350.
Technical analysis of this asset does not work correct, the rate is affected by the news background and the psychology of traders. The stop-loss zone is in the range 0.00000300, this is a fairly strong level of support. Simultaneously with the massive closing positions in this area, large purchases are taking place – it’s reaction of big players. If the price consolidates above the zone of attention 0.00000406, then very likely a powerful upward price movement and the probability of geting x3. When opening positions for this coin you should put close stops.
It is difficult to play during the day, because the speed of price change can be very high and too hard to catch move.
A project with great plans and prospects, so profits can be left in the asset.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.