* TRX is consolidating between it's resistance around $0.10550 and it's support zone near $0.082
* The below Ascending trendline is too working as support for the price.
* If the price breaks the above resistance we can see a rally till $0.12. TRX is bearish below the trendline.
Tron saw a downtrend from the 0.12303 resistance level. However, it got a new support at 0.08237 and it's going bullish. If it's breaks the 0.12303 resistance level, then we are sure to see price reaching the forecasted point.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Hi guys, well, according to the analysis, we are in a triangle, we can not expect to climb until we get out of it. If we get out of the pattern safely, we will enter the long position. The intersection of the downtrend is with the support line, but the price may move before this intersection
According to this chart
We had finish a rally a few weeks ago and until 3-4 weeks ago we are in downtrend until the important zone that we shown on chart support the price
After the second zone that shown in pink color we can say up trend is beginning and we are in floor price upward trend
until the pink zone is not break down with powerful candle...
Going by the chart, TRX is moving in an Ascending Triangle.
Going by the rules, looks like TRX has already touched point E on the chart, and in a day or two it should breakout soon.
Potential entry zone should been between 0.08400 - 0.08550 and keep a stop loss at 0.8309 (3% Loss).
I have also given potential profit booking zones.
If you like my analysis...
Breakout could be imminent...If broken we could FLY
TRX/USDT is testing current resistance...
This could be a bull trap so look for high volume and a break in current resistance
Next resistance level is .00922-0.01309 once we break this we will fly to our goal !
TRXUSDT is squeezing upward and is in the current supply zone . Once broken there is little resistance stopping this until 22% above the current price!
I have marked out the two levels best for buy entry following this play.
I will be personally placing my entry around the safest buying signal with strong price action and high volume .
Trade safe and comment...
This is a quick update on TRXUSDT...
This has risen to our current supply as predicted!
If we can push and break this supply their should be low volume that should push Tron up 22-26%!
Ill keep yall updated and please let me know what you think!
There are 2 scenarios that we can run into with TRX/USDT...
1st scenario: TRX/USDT has broken out to the upside of the local trend line and is retesting the trendline. Once/If the price pushes past the current supply showing strong volume this could be the start to a bullish movement with a 22-26% gain towards the overall supply!
2nd scenario: If TRX/USDT...