huge sell off we have seen lately may provide buying opportunity here with possible retest of 1,5 cent ( huge breakdown level )
So as long as we stay above demand zone Im buying:
stop below 1c
First target around 0,0148
It should rise rapidly above the rising trend line (1).
If you fall on the uptrend line (1), the rise may be delayed in line with the rise of the BTC.
You should check if the closing price can be generated above the 0.01120 point.
The key point in your current location is 0.01364.
All coins are located at attractive...
For TRX/USD we can see that the bears take all control, we are at all time low of TRX and we can see a bearish pattern forming at the daily chart called as ascending wedge.
I will not short this asset considering we are at all time low, i will look for Long position if we go above this firts resistance line so i can consider this hole moviment as a...
Good day traders
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We got a LONG signal on TRXUSDT
Buy zone, Possible targets and Stop Loss are indicated on the chart
Here are links to the...
TRX formed triangle on smaller time frames + we are moving in channel, so this channel should be break to the upside. My target is 0,01645, stop loss really tight at 0,01544. It could easily go higher, but we are in downtrend, so even this long is a bit risky.
Today today i am gonna be doing a quick and simple analyses about TRX/USD that made a Head n sholders reversal at an important Resistance level , witch defines a Bull trap. We consider traps the most powerfull indication of price action for decision making in trading.
Now the price is making a Bear Flag, We belive the price has a chance to test the...
On mid-term resistance, short here or at ~$0.019 zone looks more attractive, but depends of BTC as always.
Information is just for educational purposes, never financial advice. Always do your own research.
The previous H&S pattern shown on the chart failed and ended in a bullish move. There is another H&S forming on the daily chart.
- We have to conquer very strong support to complete the bearish move of the newly formed H&S.
- If the H&S pattern fails, at first we have to battle the red EMA50 and then the blue weekly downtrend line to complete the bullish...