2 Hour chart:
Daily Chart:
TRON already broke out from it's falling wedge pattern and is now increasing. The new uptrend has been marked with dotted Orange line.
Let's see some key points:
It is a good time to get in some TRON or increase your current positions.
Also, TRON is releasing it's TEST NET on 31 March. A lot of hype already. So, expect some significant increase in price.
P.S: This is not an investment advice. This is for educational purpose only. Invest at your own risk.
Good luck trading.!
Peace.
Daily Chart:
TRON already broke out from it's falling wedge pattern and is now increasing. The new uptrend has been marked with dotted Orange line.
Let's see some key points:
- Daily MACD histogram tells us that the market is going to move upward.
- Volume Oscillator is indicating an increase in Volume which is supporting the MACD's Bulish signal.
- RSI confirms price reversal.
- Moving Average(45 days) is showing strong trend reversal from downtrend.
- Moving Average(60 days) is showing strong trend reversal from downtrend.
It is a good time to get in some TRON or increase your current positions.
Also, TRON is releasing it's TEST NET on 31 March. A lot of hype already. So, expect some significant increase in price.
P.S: This is not an investment advice. This is for educational purpose only. Invest at your own risk.
Good luck trading.!
Peace.
Note
Trade is going as i predicted. Congratulations to those to who bought in when i signalled. 24 Hour High - 606
Current - 530
TRON is ready for another Run as can be seen from 1 hour chart. It is showing, falling wedge pattern.
BUY IN RANGE: 510-540
Good luck.
Note
Forming EW Waves. MACD still very BULLISH. Trade active
Moving as expected.Note
TRON is moving as expected. From here, there 2 possible scenarios:1. It can complete this 4th EW and then head or the 5th wave i.e uptrend.
2. It can keep going downwards and make H&S pattern.
We have to wait and see how it plays out.
P.S: I am just beginner, so please do your own research.
Good luck.
Note
Global Community Manager,
TradingView
TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Global Community Manager,
TradingView
TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.