TRON
Long
Mis à jour

TRXUSD: 4hr Ascending Triangle & Weekly Sequential 9

205
Tron looking bullish and trying to break out of its ascending triangle as well as 200 MA, similar to ETH, LTC and BCH. It's tempting to take the trade above the Sequential 9 at 0.01675 when the weekly candle would flip green, similar to ETH in this sense which played out well. However the setup is only 1.5 reward ration on the 4 hr, so will wait for a better setup on the weekly (or potentially the Daily).

Similar to the altcoin market the Weekly Sequential 9 is a doji reversal candle:

Altcoins Bouncing From 200 Week MA after TD Sequential 9


BTC Dominance is otherwise starting breaking down since Ethereum's run up:

BTC Dominance Rising Wedge Theory
Note
Yet another perfect pop.

snapshot
Trade fermée: cible de profit atteinte
Would of been a good trade then after all. Probably another coming up soon though.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.