Falling Wedge setup. A lot of these seem to be forming amongst cryptocurrencies, maybe its just my selection preferences.. Included fibonacci retracement levels.
Tronix is actually forming a nice double-bottom on the Weekly timeframe with a RSI divergence. If we break the 50 level on RSI we can target the 0.07 $ price level.
Call me crazy but I like trading fractals. I believe Tron is poised for a major run to new ATH. We are making a nerve-wrecking third higher low trying to claw our way out of this grizzly bear market. On this weekly chart we see the 4 candles which brought us to our cyclical low and subsequent bounce in Nov-Dec '18 looking awfully similar to what has been going on...
Tron, with actual rank #11 at CMC, is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. Tronix can be used by content consumers to pay for the content they want to access. These coins would then go to...
TRX bounce from 181 sats strong support. TRX was farmed HL formation at 183 sats. Finished ABC correction. Price action above EMA 21,50,100,200 periods, Uptrend. Potential retest double bottom at 210 sats. Volume: confirm bullish price action. Pattern: ABC correction , Symetrical Triangle. Indicators: MACD bullish crossover above zero line. RSI above 50 points....
I will build a strategy already from the exit from the range indicated on the chat According to cluster analysis, sales have prevailed over the past three days. Was it profit taking or a short set? Think for yourself? and share your opinion
Buy : 150-155 / 0.0155$ Sell : 165-180 / 0.0165-0.018$ Mid-Hold : 200-220 / 0.02-0.023$ Stop : 140 / 0.135$
Looking like a sign of a small bounce on TRX. Although any FUD from that region of the world could make it interesting. Be careful though. Dominance not low enough but TRX has suffered the most losses.
Double Bottom Pattern is detected in PUMP and DUMP coin Tron!! Will it show a positive impact ?? For Risk Takers only Buy @ 158-160 Sell @ 172 or lower as per your risk Stoploss @ 152 or lower
TRX has always had life in it even when Bitcoin would pump but every since the issues in China with Justin Sun, it appear it has only been a one way downwards with the bears. There used to always be some marketing trick up the sleeve of the founder. But has that fizzled out. Worrying times
TRX will dump so deep and we will consider buying it in the range of 135-140 I say "Consider", not "Buy"
I'm not sure if I drew this right but the correction for TRXBTC seems to be almost done. The next bull run will bring TRXBTC to around 3000 sats.
Keep accumulating TRX this zone because TRX will move so fast. Justin Sun smells this time is not good time to push up, so he delayed his lunch to July 27, that's the begining time for next rally. Hold tight! Stoploss : Under 230
Nightly review of Cryptocurrencies ill be looking to play out in the next couple days.
$TRX Lower TF's look good, however you're still longing into resistance. Wait for break above white box to long on a weekly close.
Tron is looking way over sold on the daily RSI everytime it went this low went looked at large upswings in the bulls favor.