ForecastCity
Long

There is a trading opportunity to buy in TRXUSD

BITFINEX:TRXUSD   TRON / Dollar
Technical analysis:
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.014500)
Ending of entry zone (0.011100)

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= @ 0.018000
TP2= @ 0.021000
TP3= @ 0.025000
TP4= @ 0.032170
TP5= @ 0.040000
TP6= @ 0.045200
TP7= @ 0.055750
TP8= @ 0.066290
TP9= @ 0.081300
TP10= @ 0.100410
TP11= Free
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This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome. And thanks for your nice comment on this post.
Reply
I totally agree with you! @ForecastCity are the most professional on TV!
+1 Reply
@fxniki, Thanks for sharing your point if view about it.
+1 Reply
strong idea! ;)
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks :)
+1 Reply
So the price will fall first and then will pump?
+2 Reply
@vs23vs, yes, it will.
+1 Reply
Thanks for the tip! And the chart of course ;-)
+2 Reply
@Gaengphed, You're welcome.
+1 Reply
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