Simply put, ETH's 400 price lvl is equivalent to 6k price level of BTC.
Once S/R flip happens, it should be all smooth sailing for ETH as long as the macro condition remains strong.
Three main catalysts all converge together at the same time.
#1. Fundamental factor-
Medalla is the final testnet before the launch of the Eth 2.0 network, which...
The technical analysis of price action:
If we move to the live chart then it can be easily noticed that the price action is still moving in an up channel and the price is increasing more and more while this movement within the channel. I have also placed the directional of movement indicator and we can see the bullish line that is positive directional indicator...
TRXBTC moving inside uptrend channel also we can see small falling wedge near the support line of this channel.
I expect the movement to the resistance line of this channel, as well as the 61.8 Fibonacci level.
RSI - oversold
Best regards EXCAVO
Here let's have a look at TRON (TRXBTC).
The next target for me is sitting at MA200 or 0.00000186.
We have a higher low compared to the 27-July and also a reversal candle being printed.
Closing above EMA10 on the current 4H candle confirms this set up.
A full candle close below 0.00000165 is our stop-loss.
TRON (TRXBTC) is now trading above some major EMAs and has plenty of room available for growth.
With prices trading above EMA200 and MA200, the green arrows marked on the chart can easily be followed.
We can see the MACD curving and starting to print a bullish cross, this while staying above the zero line.
The RSI is now sitting at 62 which is very...
It looks like TRXBTC is getting close to the end of this very tight range it has been in for the last year. IF this breaks up we should see a massive swing in the upside direction. Generally when volatility hits all time lows, like it has for the last year, it eventually breaks free from the low volatility range and volatility will skyrocket back towards all time...
The smell of crypto fomo is in the air and the discounts are still here!
Trx / tron has broken out of a multi year correction.
This project has one of the strongest followings, active dapps and deep pockets.
With ethereum and bitcoin breaking out and running this year after the btc halvening we are now seeing the alts correlate and start to begin the new...
TRX is currently in a quite bad pattern and the potential for reversals is quite large and we should be careful because TRX may fall sharply to the 0.0145-0.015$ zone or even deeper like 0.01$
Only consider buying TRX if it breaks the strong resistance zone at $ 0.01862 for the target of 0.027$ in August
We are looking at the long-term chart for many altcoins, now we reached the TRON (TRXBTC) chart... This altcoin was one of the most hyped back in late 2017/early 2018... How much can it grow?
TRXBTC peaked in January 2018... It has been dropping since.
September last year, 2019, TRXBTC hit a new All-Time Low, it has been holding since.
Now prices broke above...
As of now, I'm bullish. There's a MOON signal and MA20-MA50 cross strategy given by EngineeringRobo on April.
People listened these signals and bought TRX enjoy your 33.75% PROFIT!
Also, I highly recommend you to keep an eye on it since the candles are still on the resistance level ($0.019). If you want to sell, you can wait for EngineeringRobo's SELL signals or...
✌Tron was valued all time high around 23 cents and currently sits at 1.6 cents.
This setup from a far could be a massive bull pennant setup.
This will be the 4th time we attack this downward Resistance to see if we can finally get a breakout on tron.
Justin sun the founder of trx has his hands in a lot of areas in the cryptocurrency market and has established a...