💎Technical Analysis Summary💎 BINANCE: TROYBTC -TROY is now testing major support area at 25s sat -This zone is a confluence of previous Double bottom reversal -The RSI hits extreme oversold after hitting this region -If the Bulls wants to keep the fight alive, they must protect this area -It is like the last defense zone not letting the Bears pass this...
BINANCE: TROYBTC -TROY is now trading just above the 200D dynamic support area -This region is a confluence of previous support and resistance -Plus the 0.786 Fib level coincide on a key area -If we can see Bullish rejections and consolidation -This might work out as new support in the short term -Then expect a pullback (correction) to test the upper range at 60...
The Inverted H&S pattern is now confirmed and the neckline is retested. it seems to be a good place to buy! Please hit LIKE if you find this idea useful!
We have a sell 2, sell1 but moon signal. We also got a buy 3 signal. We can wait to get a buy2/buy1 signal before we buy. However, if you would not like to listen to crypto engineering, you can buy now and sell at resistance. Or you can wait to buy at support.
Troy has not really done anything major yet like the other Binance IEOs, and it looks like it's about to pop soon. A break above middle resistance of 74 sats should see a run up to 130 sats and beyond
TROY breakout , ready for 60/62 troybtc troyusd troyusdt troyeth
In this analysis, EngineeringRobo's signals give sell signals, so in my opinion we may wait the support line(0.0048983). From the support line or now, we will buy, we will sell it at the dashed resistance line(0.0070497) because last 2 times the candles cross at it and go down again.
TROY/BTC -After a strong breakout above the previous resistance area -The price may have found a temporary top at 74 sat -If TROY will continue pulling back, the area needs to watch is 50-49 sat -This is the new key support zone for a potential retest of old resistance -Most traders are waiting on the sideline for extra confirmation -They will either on key...
I am mostly positive about TROY. Engineering Robo 1 is giving a Buy 1 signal. In addition, the MA 20 (blue line) is over top of the MA 50 (yellow line) indicating that it is time to buy it. As long as the candles are going up above the support level, I can decide to buy some or more of it. If the candle goes down and breaks the support level, I can sell it.
Price at horizontal resistance and ready to break the trend line we are close to weekend need weekly closing above 42 for 100% + rally added already at 40 any retest will buy Target is 60 , 75 , 90 , 100 Invalidation if bitcoin make any bad movement
TROY had just made a false breakout and a Doji on the 1D timeframe, which we need to be careful. It is best to wait for clearer signs before buying - If it drops sharply, the expected buyzone is around 0.0032$ or even 0.003$ - If it crossed 0.0037$, we would consider buying with target around 0.0045$
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 can try the trend line and S/R zone for confirmation
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
Double Bottom pattern worked good and TROY brokeout the S/R zone. It’s confirming S/R zone now.