Bearish Ascending Wedge, head and shoulders formation on 15 min chart, also bearish divergence on macd has shown its face, this coin may tank 50 Percent
I hope you all have been taking advantage of the raise in value of TRX. I opened this 1W chart for the first time in months. Finding this orange trend line. Only to be surprised that it has been holding up for about a year. Both as support and resistance. The white horizontal line was the closing value of TRXETH at it's highs. The red line being the wick of the...
Heya,
I'm testing a set of indicators which I explained in this idea (click the bitch):
Checking the 2h chart:
MACD: bearish
Stoch RSI: slightly bearish
RSI: neutral
CCI: neutral
Ichimuko Cloud: slightly bearish
Bears 2 : 0 Bulls
The Bears win this time.
Checking the 4h chart:
MACD: bear
CCI: bear
RSI Neutral
Stoch RSI: bear
Ichimoku Cloud: bull
Bear 3 : 2...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 50.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 50.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested...
Technical analysis:
. TRON/ETHEREUM is in a range bound but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. The RSI downtrend is broken, so the probability of a resumption of uptrend is increased.
Trading suggestion:
. We have already opened 7 BUY trade(s) @ 0.00007898...
Technical analysis:
. TRON/ETHEREUM is in a range bound but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. The RSI downtrend is broken, so the probability of a resumption of uptrend is increased.
Trading suggestion:
. We have already opened 7 BUY trade(s) @ 0.00007898...
I believe this shows impulsive since 2/1/2018 nobody could get a good count on tron because they were not and couldn't off of btc pair. Because BTC took such a dip we ate shit on trx btc pair doing more of a WXYXZ correction and looking like a 1-2-3-4-5 move with truncated 5th. That 5th? is a B wave hit exact .78 retrace of A. This all means we are about to start...
