As Ichimoku's baseline declines, prices are falling.
There's more power than I thought.
Although the decline in BTC was foreseen, prices were expected to remain stable by shaking up and down, but it seems that the price failed to maintain.
We should see when Ichimoku's baseline is level.
I think it is a problem caused by too little trading volume.
Rising divergence is full.
I think it's time to diverge.
If the price rises above 100MA, it is likely to touch the lime green uptrend line.
However, trading volume may be so low that it may be a stumbling block.
It seems likely to touch Ichimoku's baseline and rise.
TRX's last line is 0.01298333.
Tron (TRX) - TRXUSD - A Big Move Coming To Maximize Your Gains.
728% Gains Expected! - Don't Miss This Trade .. :)
Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.016-0.058 -
(60%-728% Profit Expected)
Based on the RSI divergence and how the 1D MA50 and MA200 are trading, then yes it is possible that TRON is repeating the August - November 2018 sequence. The current Triangle is completed with one last dip towards 0.01000, which will be the opportunity for buyers to step in. Moderate Target: 0.023000.
As you can see TRX was in a large rising wedge, which was followed by a channel with 5 impulse waves. we broke out of the channel and are holding on the outside of the channel (very bullish)
expecting a retest of $0.03
The sloping white line keeps the growth trend, 4 touches are visible on the story.
18 days of growth is now perhaps the correction is close.
Below a little more about the project threw thoughts:
Tron's global mission and goal is to eliminate intermediaries between content producers and content consumers.
I’ll try to explain this in my own words on the example of...
Priceline of Tron / Tether UScryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01596 to 0.01564
Sell between: 0.01634 to 0.01710
Atif Akbar (moon333)
TRX climbed beyond its last line of 0.01298333 on 17 December 2018 and touched on 24 September 2019.
Upward divergence has occurred since June 16, 2019, and has been rising since September 24, 2019.
It is rising above the downtrend line.
To move towards a real uptrend, we would have to go beyond the first 0.02277015 and second 0.02802242 points.
You may buy...
. Tron/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price Action...
There is no place for prices to fall anymore.
It remains only to form a double bottom and to fly higher.
The most important low of the TRX is 0.01298333.
I think the inflection days of TRX are around October 12th.
I have been a trader for 13 years and traded through the financial crisis . I have been around the block , gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN TRADING ROOM OF VERY INTELLIGENT TRADERS AND...