Here let's have a look at TRON (TRXBTC).
The next target for me is sitting at MA200 or 0.00000186.
We have a higher low compared to the 27-July and also a reversal candle being printed.
Closing above EMA10 on the current 4H candle confirms this set up.
A full candle close below 0.00000165 is our stop-loss.
TRXBTC moving inside uptrend channel also we can see small falling wedge near the support line of this channel.
I expect the movement to the resistance line of this channel, as well as the 61.8 Fibonacci level.
RSI - oversold
Best regards EXCAVO
It looks like TRXBTC is getting close to the end of this very tight range it has been in for the last year. IF this breaks up we should see a massive swing in the upside direction. Generally when volatility hits all time lows, like it has for the last year, it eventually breaks free from the low volatility range and volatility will skyrocket back towards all time...
TRON (TRXBTC) is now trading above some major EMAs and has plenty of room available for growth.
With prices trading above EMA200 and MA200, the green arrows marked on the chart can easily be followed.
We can see the MACD curving and starting to print a bullish cross, this while staying above the zero line.
The RSI is now sitting at 62 which is very...
A lesson on the golden cross and the death cross. Very simple strategy on the 1 hour chart. (works on all time frames)
Look on the chart and you'll see we have two ema's. The orange is the 50 ema and the blue line is the 200 ema.
Golden Cross: when the the 50 ema crosses the 200 ema, resulting in the 50 ema being ABOVE the 200 ema.
Death Cross: when the 50 ema...
We are looking at the long-term chart for many altcoins, now we reached the TRON (TRXBTC) chart... This altcoin was one of the most hyped back in late 2017/early 2018... How much can it grow?
TRXBTC peaked in January 2018... It has been dropping since.
September last year, 2019, TRXBTC hit a new All-Time Low, it has been holding since.
Now prices broke above...
While playing with some time intervals I stumbled on something looking like a Harmonic pattern. After some research I saw you need point B to close above the 0.618 which it fails to do so but it stays in the golden pocket meaning between 0.618-0.65. Also point C needs to go between 1.272-1.414 but isn't really invalidated if it fails to do so apparently. Then I...
Here's a great example of how one can achieve solid profits while also maximizing peace of mind by never selling for a loss (only selling for profit) using our 'Ninja Signals' Buy & Sell Alerts Script & Backtesting Strategy . Our 'Ninja Signals' script features an optional "Only Sell for Profit" (Never Sell for Loss) feature, which simulates a special style of...
This is a no brainer, weekly chart is dope and one of the few coins which have not moved against Bitcoin. TPs are marked in the chart. Its about to start its new cycle as accumulation range is about to end soon. 26% to 60% ROI is easy peasy on this.
Caution: Always do your own research as cryptos are highly speculative assets. Not a financial advice.