There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.030)
Ending of entry zone (0.025)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0346
TP2= @ 0.0405
TP3= @ 0.0435
TP4= @ 0.0506
TP5= @ 0.0557
TP6= @ 0.0643
TP7= @ 0.0729
TP8= @ 0.0820
TP9= @ 0.1005
TP10= Free
Trondollar
A trading opportunity to buy in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.034)
Ending of entry zone (0.030)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0405
TP2= @ 0.0435
TP3= @ 0.0506
TP4= @ 0.0576
TP5= @ 0.0658
TP6= @ 0.0739
TP7= @ 0.0820
TP8= @ 0.1005
TP9= Free
A trading opportunity to buy in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.034)
Ending of entry zone (0.030)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0405
TP2= @ 0.0435
TP3= @ 0.0506
TP4= @ 0.0576
TP5= @ 0.0658
TP6= @ 0.0739
TP7= @ 0.0820
TP8= @ 0.1005
TP9= Free
TRON UPWARD MOMENTUM NEEDED TO BREAK RESISTANCE Hello everyone!
TRON needs to break the .0427 resistance in order to have serious upward bullish momentum. Look for any break in the resistance it could potentially mean TRX could go through the roof. TRX has been bouncing up and down in between the support of .0409 and the resistance of .0427 for some time now. Upcoming we are expecting to see a bullish push in the cryptocurrency market relatively soon. If we break through the .0427 support then we will need a while to recover.
Thank you for reading!
Throw a like if you agree!
Break out of bullish wedge ? TRON - Bullish Scenario Hi friends! Here is a quick update analysis on trx! I see there is an ABC correction in progress and potencial Break out of Bullish Wedge
What needs to happen is to see a impulses and breach decisively out of the handle formation. If we breach and breakout the wadge the prise could go to 0.10$
!The support must hold! If not this wedge wont be valid.
This information is for educational purposes only.
Tron would probably resume its uptrend againTechnical analysis:
TRON/DOLLAR s in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0562 to 0.0516). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0562)
Ending of entry zone (0.0516)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0642
TP2= @ 0.0780
TP3= @ 0.1005
TP4= Free
Tron would probably resume its uptrend againTechnical analysis:
TRON/DOLLAR s in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
The price is in a range bound but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0562 to 0.0516). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0562)
Ending of entry zone (0.0516)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0642
TP2= @ 0.0780
TP3= @ 0.1005
TP4= Free