TRON (TRX/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency6 years ago (edited)


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TRON Update .png

TRX D.png

Daily

Looking at our highest timeframe we see price respecting our uptrend. Stochastic RSI showing momentum heading towards upside, possible double bottomed formed above our 700 satoshis support zone. A daily close above 850 satoshis activates our trade.

TRX 4.png

4Hour

Shifting over to our pattern timeframe we get a better look at our double bottomed formed. Resistance hit 850 satoshis, a 4hour lose above 845 activates our trade. Stochastic RSI showing momentum is bullish, however short-term it has slowed down.

Link To Chart

Conclusion

  • Buy: After break and close above 850 satoshis
  • Sell: NO NO

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Crypto Trading W/ Leverage
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


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