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This is Krew Montice - The...
After being down in the dirt for so long TRXBTC may be showing bullish signs for a potential reversal!
Slowly but surely TRX has been building an upwards channel which is now looking like it is turning into a higher TF ascending triangle pattern.
IDEAL bull entries would be break of triangle before re-testing to confirm support at 200SAT level. If strong support...
TRXUSD looks pretty decent.
Flip S / R and now preparing to assault 0.016 BTC resistance zone.
I'm long here using a wide stop ('coz I'm always caution with alts and their dreadful swings), R:R ratio is 1:2, not bad.
At resistance, shorts looks more rewardable, invalidation - close above $3 at 4h / 1d timeframe.
Information is just for educational purposes,...
TRON is showing some bullish signs, like many major alt coins. 4H chart.
Alligator is eating bullishly, (jaw lips and teeth are separated)
Sitting above the .236 fib line from retracement from last top
Trading preciously along 1/1 Gann line, I expect a movement into the 1/2 area.
On the daily timeframe, it floats near support, the situation is similar to XRPBTC : long here is less risky and looks more reasonable. Stop could be tight.
But need to keep in mind (always) overall market conditions because it could change everything.
Information is just for educational purposes, never financial advice. Always do your own research.
Hello everyone, this is our view on trxbnb, enjoy!
we're trying out our bot (90%+ winrate) which set long so we're approaching this coin analysis. Same indicators as usual, no need for explanation I believe.
Entry: 918-894-878-854 (less likely)
Target: 975 (if strong resistance is found, then sell all at this level)
We already had 3 cases of Cup and handle before but only two that worked very well.
You can see on the graph the conditions for it to work.
At this price I sell all TRX after buying for 0.013. It made me a gain of 70%. Now I'm going to buy at 0.0185 a little closer for a gain of over 80%.
Risk 8% for target 80%
Cryptocurrency Practice #3
TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well.
1. ATR at lows.
2. Confluences with eventual BTCUSD rise.
3. It is looking to break from YEARLY CAM R3 and pivot point. Showing lots of bullish momentum.
4. Possible double bottom formation on...
Call me crazy but I like trading fractals. I believe Tron is poised for a major run to new ATH. We are making a nerve-wrecking third higher low trying to claw our way out of this grizzly bear market. On this weekly chart we see the 4 candles which brought us to our cyclical low and subsequent bounce in Nov-Dec '18 looking awfully similar to what has been going on...
A double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on...