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Btctrx

TRX/BTCKeep it simple! Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade. If TRX holds the green box range and respects it as support then we can see TRX test previous resistance levels. If you had bought TRX at green box 1 you should have hit your first and second profit target already, and the trade has been very profitable! TRX has so far touched the second orange box, retraced and now looks like it may do a re-test of the high. If it cant break above the second orange box range it is likely to come down and hit the second green box (2), where we want to see a strong hold for support. It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
Short
by djhodnett
2
TRX Target 792 for me short termHello again. Trx has now come through most of my goals from my target 600 to 792 where I expect a bullback. Although this happened slightly faster than I expected, I still follow my chart. Here's an update of my chart: Rsi is now oversold in 4 hours chart when we pass 82 on the rsi bar, previously we have seen trx like to take a bullback around this level, but as we now seem to be in a bullish market, I think we can go something higher, possibly up to 90 as we have seen it go earlier in December\January. We have also gone through 38.20 fiblevel from the big pump in mid January. I now expect this to work as support @ 731sat. We have also gone out of the forkpitch chanel so I expect that 0.00 fiblevel works as support same with 38.20 fiblevel Again do not take your choices based on my chart, as I'm still a beginner and even still learning myself :) Happy trading :)
Long
by Porshy