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Tron (TRX) - September 8

BINANCE:TRXUSD   TRON
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(TRXUSD 1W Chart)
If the price holds above the 0.03074453-0.04413840 range, it is expected that the uptrend will continue.


(1D chart)
We will have to wait and see if we can find support at the 0.08238160-0.08644692 zone and move towards the 0.09289318-0.10168507 zone.

If it falls from the 0.07500028 point, you can touch near the 0.05792308 point, so you need to be careful with your trades.


If the price holds above the 0.08644692 point, I expect it to move towards the 0.11243825-0.12543392 range and re-determine the trend.

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(TRXBTC 1W Chart)
You'll have to climb above 259 Satoshi and see if you can get out of the bottom section.

In particular, if it rises in the 259 Satoshi-318 Satoshi section, it is expected to create a new wave.


(1D chart)
It is necessary to check whether there is any movement that deviates from the 154 Satoshi-207 Satoshi section.

If it falls from the 154 satoshi point, it can touch the 92 satoshi-114 satoshi section, so careful trading is required.


If the price holds above the 207 Satoshi point, we expect resistance in the 259 Satoshi-318 Satoshi section.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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