TRON (TRXZ19) closed below EMA10 is about to hit EMA50 (0.00000199). If this level is broken, marked with a magenta line, TRXZ19 can easily move lower.
On the chart above I've marked with blue arrows the next support levels to look for.
The 0.786 Fib. retracement from the last jump is our main support at 0.00000164.
Remember that the charts are always changing... So these signals are only valid if EMA50 breaks.
If EMA50 holds and TRXZ19 starts to move higher, a new analysis might be needed.
Thanks a lot for reading.
Namaste.
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Comment
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Comment
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Trade: SHORT TRXZ19 | TRON
Leverage: 5X
Buy-in: 0.00000215 - 0.00000200
Targets:
1) 0.00000193 |Hit 2) 0.00000185 3) 0.00000169
Stop-loss: Close daily (D) candle above 0.00000231
Liq. price: 0.00000240 (Buy-in calculated at 0.00000205)