TRX, Prepare For Liftoff!
Daily
TRX has broken out of descending wedge & tested for support. Beginning of uptrend (March 18th) followed by a 2nd bounce (April 5th), and lastly 3rd bounce on April 14th). Bearish momentum has bottomed out. Break and close above 0.00000700 daily candle, entry.
4Hour
Following bearish parallel channel structure.
Double Bottom (04/12& 04/14)
Pattern timeframe showing some consolidation between 0.00000510 & 0.00000515
Break and close above 0.00000515 4hour candle, entry.
Hourly
Finally shifting over towards our trigger timeframe we see a minor resistance @ 0.00000520, awaiting a break and close above this level for entry.
Momentum has reached support, and we should start to see some bullish candles.
Take Profit 1: 0.00000600
Take Profit 2: 0.00000800
Take Profit 3: 0.00001000
Take Profit 4: 0.00001500
Take Profit 5: HODL
*Conclusion*__
* Buy: After break and close above 0.00000520
* Sell: After main net if desired. I’m HODLing
We spend our days following the patterns, technicals and essentials of the
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TRX has broken out of descending wedge & tested for support. Beginning of uptrend (March 18th) followed by a 2nd bounce (April 5th), and lastly 3rd bounce on April 14th). Bearish momentum has bottomed out. Break and close above 0.00000700 daily candle, entry.
4Hour
Following bearish parallel channel structure.
Double Bottom (04/12& 04/14)
Pattern timeframe showing some consolidation between 0.00000510 & 0.00000515
Break and close above 0.00000515 4hour candle, entry.
Hourly
Finally shifting over towards our trigger timeframe we see a minor resistance @ 0.00000520, awaiting a break and close above this level for entry.
Momentum has reached support, and we should start to see some bullish candles.
Take Profit 1: 0.00000600
Take Profit 2: 0.00000800
Take Profit 3: 0.00001000
Take Profit 4: 0.00001500
Take Profit 5: HODL
*Conclusion*__
* Buy: After break and close above 0.00000520
* Sell: After main net if desired. I’m HODLing
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.
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