TRXUSD preparing for next BULL trend, breakout imminent.
Updated
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.
Confluences:
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 multiple time frames.
5. Volume slowly rising as news is getting better for the coin.
Leave a like if this helped you! Helps me understand if my TA's are teaching others.
TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well.
Confluences:
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 multiple time frames.
5. Volume slowly rising as news is getting better for the coin.
Leave a like if this helped you! Helps me understand if my TA's are teaching others.
Note
Broke out of yearly CAM R3 and pivot point. Watch price action around CAM R4, for a stronger breakout.Note
There it is.
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.