TRX - TRON IS SETTING UP AN EASY TRADE - 50%

TRXUSDT is setting up an easy trade opportunity with great risk-reward ratio.

Buy-Signal: Tron is approaching a very strong support channel on the daily chart. The channel was established during the heaviest dip in the bear market also combines the support of the recent low. It is a straight forward trade. Buy the green zone and stop-loss if the price closes underneath the green SupertrenD support channel. the recent price action also established a new resistance channel. Even though it is lower than the channel before, we still get a price target of around 0.033$ - 0.035$.

Buy when the price is in the green and sell the resistance channel. Stop loss underneath the green channel.

I hope that was helpful.
Best,
Felix Kewa

Comment:

Played out perfectly. Now we are waiting for the target.

Trade closed: target reached:

reached the targeted channel