Hi dear patrons, hope you are well and welcome to the new update on Tron (TRX) coin.
On the 12-hr time frame chart, the price action of TRX has formed bullish Cypher pattern. There is also 50 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $0.1320 to $0.1194
Sell between: $0.1418 to $0.1655
Stop loss:
The maximum extent of potential reversal zone $0.1194 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 38.5%, and the loss possibility is 10%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the 12-hr time frame chart, the price action of TRX has formed bullish Cypher pattern. There is also 50 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $0.1320 to $0.1194
Sell between: $0.1418 to $0.1655
Stop loss:
The maximum extent of potential reversal zone $0.1194 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 38.5%, and the loss possibility is 10%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.