RECTANGLE BOTTOMS TUTORIAL A Rectangle Bottom is a short-term bullish reversal pattern. A decrease in volume often precedes this formation. In Bull Markets, these patterns breakout to the upside 85% of the time. A Rectangle Bottom is preceded by a downwards price trend. Price action will compress between two horizontal trend lines. Price will bounce between...
TROY has tested the support at 33sts and now it is ready to move up to higher levels like 55sts or even 65sts in this July It would be really worrisome if it falls off this 33sts level
$TROY Looks ready for continuation toward ~55sats... UCTS signaling a buy on the 2D and lower timeframe W bottom pattern on ~34sats support level Volume increasing... #TROY.
- Troy is a great protocol that has a wide use case not only for the poping DeFi; - Down-trend is broken; - Big spike in volume. Simple & easy trade set up - stop-loss just below the trend line :) Trade safe! "Observe patterns, develop a process, hold on to your decisions".
NOTE: TRADE VALID if $TROY/$BTC closes above 38 sats today. If not, then I am not interested. This trade is on Daily Time Frame: - Above all EMA (20,40,55,81). They'll now act as support. - Above VPVR Support - RSI has turned Bullish - 1st target 57 sats (40+%) - 2nd target 99 sats (120+%) See if you find it tradable. All the best!!
TROY/USDT -good bullish break outside the trendline -the price is now pulling back to retest new support -this is a good potential rebuy zone -or you have another option to buy the break -above the minor resistance at 37500s -upside target is the recent top at 44000s or higher
TROY/BTC -strong upside break last May 25 -but the bulls failed to keep a strong uptrend -currently facing a deep pullback correction -testing old resistance to turning into new support -if the bulls can hold the level 32-28 sats -and break the descending trendline resistance -we might see an upside continuation -immediate resistance is located at 50...
TROY is forming a Falling Wedge pattern and the big volume in May 25 is very important to TROY. This big volume is the great sign shows a positive scenario on it. TROY has a super strong support zone of 25-30sts that can push it up to 59sts in this June.
TROY/BTC -after rally up over 80%, the price went back to previous resistance -which has the chance to switch into new support -best way to enter a trade here is to confirm the break of the trendline -closing above the line resistance will confirm an end of the pullback -and will likely to continue higher or retest the recent top
TROY has broken the bull flag and heading up to its upper resistance zones! Put your stop loss just below the triangle and let it run!
there are 3 major resisstances 1-0,00436 2-0,005 3-0,0057 I think(hope) we will crush them soon with some volume.
Upside potential for TROYBTC. Refer to chart. Bullish divs in MACD and RSI showing that TROY is at a decision point. With a double bottom in price structure, I believe the probabilities lie in favour of the bulls. Will they show up to take advantage of the large gaps in VPVR and weakening selling momentum? Hit the LIKE button if you find my analysis valuable...