I believe tron might have reached a zone of accumulation, there isn't much history to see past price action, but I feel cautiously bullish. I'm not getting in on this trade until there is CONFIRMATION. If you are in or planning to get in, please use a stop loss, we don't really know if this level of support will be respected. Anything can happen, but I'm leaning more towards a bullish scenario.
Entry: ~400
TP1: 626
TP2: 735
TP3: 944
How to confirm a reversal:
For this trade idea to happen, we should start seeing higher lows and higher highs, the confirmation would occur after we gradually break above 530sats with increasing volume on bull candles.
Entry: ~400
TP1: 626
TP2: 735
TP3: 944
How to confirm a reversal:
For this trade idea to happen, we should start seeing higher lows and higher highs, the confirmation would occur after we gradually break above 530sats with increasing volume on bull candles.
Note
TP1: 626 (reached 3/28)TP2: 735
TP3: 944
Note
Tron update
Trade closed: target reached
All targets reached. Trade idea closed. TP1: 626
TP2: 735
TP3: 944
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.