Osilva

Osilva

As analysed before we tested the 7888 area and the longterm Uptrend and see some buyers coming in. We may see some more buyers coming in. But, unless we surpass the Red Resistance Line, we will stay in bearish mode, and further declines may just be imminent. A shortterm LONG TRADE with low risk may be adequate at this levels. Good Luck!

Osilva

Bitcoin finds itself in a downward trend which may result in prices at 9000 Dollar/BTC. In order to sustain the longterm upward trend, the green trend line has to hold. Next step will be the test of the red resistance line. 1) If we can rise past it, the current correction may have been of a diverting nature. 2) If we continue downwards from there, the...

Osilva

We saw TRON Price bounce of the a lot mentioned support area at 430 - 470, had a nice rally but bounced the third time off my marked 933 resistance and consolidated even further within the former downward trend. The space for price fluctuations is getting smaller and we soon - within 2-3 days have to see whether: 1) It attacks the 933 area again thus having...

Osilva

Tron reached the former downward channel, which is a good sign. It also bounced as expected from the former breakout level at 430-470.

Osilva

We currently are testing the previous breakout zone. Can we reach within the former downward trend channel (green)? If yes, chances are in the favour of making new highs and continuing the upward trend which started in Dezember. Only if we fall back on the Daily Chart below 475 resp. 430 the situation has to be reevaluated. Big Picture: www.tradingview.com

Osilva

With a probability of 70-80% prices are likely to bounce to the upper trendline. Upper and lower price borders as seen in the chart. Good Luck.

Osilva Updated 

Regardless of any fundamentals, we are in a downtrend. Unless big news appears we will continue to move down. 1. Target >600 2. Target >475

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BINANCE:TRXBTC