On the 31-Dec. TROYBTC hit a new All-Time Low... Its price tested this level for little over a week until it finally came out 9-Jan.
The volume is really low as prices were trading near ATL.
The strong/steep decline that started in August 2020 is now basically flat with early signals of change.
We have the RSI jumping up.
The MACD and RSI as well as showing...
We got bullish divergence on the daily chart and weekly chart and troy looks bottomed out and we may see a pump in the coming weeks.
don't be greedy put too much in. just put a small amount be happy in a couple of weeks :). I don't trust CZ EIO's
Try to get it below 10 sat
7 Sat is a must hold
targets are on the chart.
TROY is now at support. The coin looks bottomed out and we may see a pump in the coming weeks. TROY has some good news on the way and that will push the price higher. This is a good setup to buy now and hold for good profits.
Buy Range: 14-15
Tight Stop Loss: 11
Troy is forming a good recovery since it touched the bottom at 14 sats.
Lots of buying and bullish signs last few days.
Fib levels are on the chart.
Pennant triangle is forming on daily frame.
I'm bullish for the next few weeks!
What are your thoughts?
TROY has "technically" broken its downtrend.
In my opinion; BEARS still has the control.
I recommend you to trade carefully.
Intermediate traders may apply Support and Resistance Strategy between 20 & 26 & 34 sats.
Waiting until it breaks MA50 and 26 satoshi resistance is a safer strategy.
After that, it may rise up to 70 sats.
What do you think? Any comment? 👇👇👇
#TROY/BTC TA Update:-
#TROY currently trading at 18-19 Satoshi
I am placing bid at 18 Satoshi.
16 Satoshi is Strong support.
Below 16 Satoshi very bearish.
Entry:- 16-18 Satoshi
Targets:- 26/34/43 Satoshi
Stop Loss:- 15 Satoshi
Support:- 16 Satoshi
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TROY is at its lowest price ever, and this 20sts is its closest support zone, this is also an important round number that we wouldn't want it to lose.
However, the selling pressure has weakened and we can expect a strong rally to the 30sts zone over the next few days.
After that, TROY will need more time to prove its worth in the 20-30sts range and then look for a...