Hi again,
I ´ve got a little time , so I decided to me more detailed update. So if you now click to playbutton, candles will be more updated.
I did this chart as always, at 4 hour candles. After that , I switched to 60 minutes timeframe. Only for better view : )
So quickly explained:
Most important for me is that EMA 200 & EMA 50 are crossing for uptrend. This not happen daily.
So I will watching, if that really starts end- March bullrun, how everybody exptects from TRX .
At 4h timeframe, we got a head and shoulders formation as i drawed here by purple color. with teoretical target ...
Also TRON touched lower bollinger band and not dip so drastlicly, after tomorrov crash. I watched it yesterday.
Im interested, if TRX will be follow green dotted , current - major trend and break red line resistance.
Of course, is not sure, if it really breaks 5 cents.
TRX needs stronger impulse green candle signal at 4 hours, to start more action. Most likely near upper Bollinger Band at 4h timeframe.
If you new, always wait for close candle at 4 hours and at least next candle at 1 hour. But need to be nice strong. This is real confirmation.
A lot of my investments are in Tron. I very like this project and will hold maybe 1-3 years easy...
I´m not trade TRX. This is long-term project ! With total supply 100 000 000 000 never expect very huge market value.
As you can see, I made "V" uptrend shape little further. I used it like " reserve" if trend will go sideways .
It´s always good to have reserve hehe : )
But as I said, maybe in next week, is possible to go towards falling BTC for shorter time.
Finally , I would like to notice, it´s better to watching 4 hour chart.
And please, never ever trade by my charts. I am not a professional.
If you agree with my chart, or like my logic, feel free to leave a like : )
Sincerely thanks,
Mario Emvo.
*This is not a finacial advice.
*For educational purposes only.
I ´ve got a little time , so I decided to me more detailed update. So if you now click to playbutton, candles will be more updated.
I did this chart as always, at 4 hour candles. After that , I switched to 60 minutes timeframe. Only for better view : )
So quickly explained:
Most important for me is that EMA 200 & EMA 50 are crossing for uptrend. This not happen daily.
So I will watching, if that really starts end- March bullrun, how everybody exptects from TRX .
At 4h timeframe, we got a head and shoulders formation as i drawed here by purple color. with teoretical target ...
Also TRON touched lower bollinger band and not dip so drastlicly, after tomorrov crash. I watched it yesterday.
Im interested, if TRX will be follow green dotted , current - major trend and break red line resistance.
Of course, is not sure, if it really breaks 5 cents.
TRX needs stronger impulse green candle signal at 4 hours, to start more action. Most likely near upper Bollinger Band at 4h timeframe.
If you new, always wait for close candle at 4 hours and at least next candle at 1 hour. But need to be nice strong. This is real confirmation.
A lot of my investments are in Tron. I very like this project and will hold maybe 1-3 years easy...
I´m not trade TRX. This is long-term project ! With total supply 100 000 000 000 never expect very huge market value.
As you can see, I made "V" uptrend shape little further. I used it like " reserve" if trend will go sideways .
It´s always good to have reserve hehe : )
But as I said, maybe in next week, is possible to go towards falling BTC for shorter time.
Finally , I would like to notice, it´s better to watching 4 hour chart.
And please, never ever trade by my charts. I am not a professional.
If you agree with my chart, or like my logic, feel free to leave a like : )
Sincerely thanks,
Mario Emvo.
*This is not a finacial advice.
*For educational purposes only.