AnthoXBT

[#2] TRX/BTC, breakout happened, last step before bull run

Long
AnthoXBT Updated   
BINANCE:TRXBTC   TRON / Bitcoin
Hi guys !

If you read my last TRXBTC analysis, you know that the breakout happened few days ago.

"So, what's new ? Now, TRX need to break the 390/400 sats SELL ZONE before started the bull run toward 500 sats or more as first step."

(1) : The lagging span started to cross the cloud.
(2) : Up line is now above.
(3) : To confirm the last step, we need to see the last candle close above the cloud at 379 sats (purple line).
Then, the MACD is now above the 0.00 line.

One more thing (and it's the most important), TRXBTC need to clearly reach the SELL ZONE (390/400 sats).

Thanks for your time.

Trade active:
390/400 sats zone is now reach. Need to confirm this zone as support now.
Trade active:
The 400 sats zone looks strong enough to use it as support .
Comment:
Need some confirmation on ichimoku indicator :

Trade active:
The support and the volume are still very strong :

Comment:
Today looks bad, but yesterday the price close at 400 sats, above the support zone. We'll see today at the closing hours !

Comment:
Daily price closing will be very in important for the next days.
Comment:
TRX's price is still above the cloud. Closing price will be very important today.

Comment:
Need to watch if TRX's price will close above MA (1D) and if is still in the cloud.

Comment:
Only one day for TRX to recover from the Bitcoin crash, TRX is strong, very strong.

Last news : Justin Sun (Founder of TRON) announced on twitter that's is TRX technology is ready to make partnership with billion USD company ! Alibaba ?

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.