The priceline of Tron has completed bullish Crab pattern, the targets as per Fibonacci sequence of Crab are:
Potential reversal or buying zone: Potential reversal or buying zone: $0.02527 to $0.02401 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.02625 to $0.02863
Atif Akbar (moon333)
On H4, the cloud is directing upward, indicating an uptrend. Also, the price has broken the downtrend line.
The upward impulse is well seen on H1, which may be the first impulse for the continuation of short-term growth.
RSI is in near oversold level, which indicates a possible end of a local downward price correction.
We recommend buying TRXUSDT now.
Sell on 1 hour chart
Buy on 7h chart
Sell on 3 day chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
This is one of the best times to buy tron as RSI (14) was oversold on a 4 hour TF and price is now resting on trend line. If I was to wait for a trade entry signal, I would wait for price to close above the next resistance above it with my two TPs as shown not also neglecting my proper risk management.
This thing looks bottomed out tbh, overall alts look weak though and this could be a short term counter trend move. Targets 287 and 314 sats. If it starts tapping 350 sats, it probably will test 450 sats again.
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Script settings for 4H timeframe:
· Signal calculation type - "hlc3"
- Signals filter - "Enabled"
- Take Profit for long signals = 2.5%
- Take Profit for short signals = 3%