Buying the retracement of this babyJust had good profits with TROY with it reaching 0,0047.
But I still believe it will keep respecting the channel, so, set your buying orders and relax.
Troy
BTC ready for next leg upLike I mentioned on my last analysis, the green support line is BTC salvation for now.
We need to keep ourselves above it to make a move above 10k.
Fear Index at 41 showing me we are still bullish in the short term, specially in the next hour (when China opens).
I am also suggesting buy orders on TROY for now. I did call for a buy in VET when it dropped but I don´t recommend buying now, Link and ADA are the same for now.
What are your thoughts?
TROY [TROY/USDT] on July 9 (#TROY #TROYUSDT)TROY had just made a false breakout and a Doji on the 1D timeframe, which we need to be careful. It is best to wait for clearer signs before buying
- If it drops sharply, the expected buyzone is around 0.0032$ or even 0.003$
- If it crossed 0.0037$, we would consider buying with target around 0.0045$
TROY about to touch the top of the channelTROY is showing a lot of strength, a lot is due to the high staking reward they offer for holders even though the market cap is still very small.
I started buying when it was at 0,0034 to 0,0031 and I believe in that 60% move in the next days or even today if BTC helps us out.
Good luck everyone
ichimoko &Como failure by price upIchimoku &Como failure by price up
Failure of the signal line by the MACD line upwards
Failure of zone 25 by ADX and failure of negative DI by positive DI up
Failure of the maximum sales area (20) up and the acoustics above the signal line
TROY BTC - Rectangle Bottoms Tutorial and TradeRECTANGLE BOTTOMS TUTORIAL
A Rectangle Bottom is a short-term bullish reversal pattern. A decrease in volume often precedes this formation.
In Bull Markets, these patterns breakout to the upside 85% of the time.
A Rectangle Bottom is preceded by a downwards price trend. Price action will compress between two horizontal trend lines.
Price will bounce between the two horizontal levels like a ping pong, generally while volume rises. The average time for a Rectangle Bottom to play out is 60-80 days.
We can see that in this example. Notice the volume spike in mid-May that lead very quickly to the breakout.
We can measure our Target Price from the breakout one of two ways.
Method One: Measure the difference between the Highest High and the Lowest Low in the pattern. Add this difference to the top horizontal trend line.
Method Two : Measure the length of the Rectangle pattern. Flip it on it's side to calculate the next significant target. While this may sound a bit far-fetched,
Bulkowski himself even states in 'Encyclopedia of Chart Patterns' that that method serves as a convenient rule of thumb.
Rules for Trading a Rectangle Bottom:
1. Wait for the breakout! Place your trade after price closes outside of the rectangle and trade in the direction of the breakout.
2. Often a Rectangle Bottom presents the perfect chart pattern to range trade. Look to place shorts at the top horizontal resistance and to go long near horizontal support.
3. Watch for volume to increase after 30-45 days of price consolidating in this formation. Rising volume is a good sign of an impending breakout.
Advice for this Trade Setup
1. Play the range opportunity. Look to long near horizontal support and sell your position as price moves up towards horizontal resistance.
2. Be careful if trading the Rectangle Breakout itself. As you can see from the previous formation's breakout, price moved on high volume and momentum in the span of a Daily Candle.
3. High volume candles near support can often indicate potential entry zones.
#TROY/BTC (June 30)TROY has tested the support at 33sts and now it is ready to move up to higher levels like 55sts or even 65sts in this July
It would be really worrisome if it falls off this 33sts level
TROY is under pressure but not breaking it´s channelTroy as well as other alts are waiting for a BTC move, its a good buy if you know how to use your Stop Loss, I am placing it under that Channel.
But the upside movement could trigger a 60% profit if BTC moves, if it goes down I am loosing about 9%. So I would suggest investing a max of 10% of your capital on that
position risking only 1% of your capital. Good luck guys
TROY have potential right now if BTC helpsThose are my buying areas.
Use the bars to lower your risk, placing bigger orders on the bottom lines and proportionally lower buy orders on the top lines. RED line is my SL for all of it.
So always do the math on your own in a way you don´t loose more than 1% of your capital on one order.
We can make it if BTC helps, otherwise we should run out of it with stop losses and loose 1%.
Have a good one.
$TROY, Looks ready for continuation toward ~55sats...$TROY
Looks ready for continuation toward ~55sats...
UCTS signaling a buy on the 2D and lower timeframe
W bottom pattern on ~34sats support level
Volume increasing...
#TROY.
Next Scenario for TROYDouble Bottom pattern worked good and TROY brokeout the S/R zone. It’s confirming S/R zone now.
TROY trying to get up for continuationTroy currently drilling through gan fan resistance line for second time if a candle can close above gan line we are up for possible flash rise to at least next resistance.
#TROY/BTC (June 07)TROY is forming a Falling Wedge pattern and the big volume in May 25 is very important to TROY. This big volume is the great sign shows a positive scenario on it.
TROY has a super strong support zone of 25-30sts that can push it up to 59sts in this June.
TROY / BITCOIN Short Term Trade IdeaTROY has broken the bull flag and heading up to its upper resistance zones! Put your stop loss just below the triangle and let it run!
Troy might suprise us after news ^^there are 3 major resisstances
1-0,00436
2-0,005
3-0,0057
I think(hope) we will crush them soon with some volume.
#TROY BTC #TROY BTC Mid Term
Prices are now going in a closed box. If the resistance is broken, the price will explode higher
Don't forget to support the idea by pressing the like button
YAMANA GOLD LONG RUN (AUY)AUY
Yamana Gold, according to the price of Gold Oz Troy is going ahead with bullish force.
Looking foward for this objetives (lets take this values with some variability at least 10 to 20%).
Stop loss or trailing stop is recomended.
See you later!
