TRX
TRX is in the BIG channel! Wait for a pullback!Tron (TRX) is in the BIG channel! After falling by 22% like last time, the price began to rise. Now we are touching the lower boundary of the channel! This could be a trigger for growth or at least a local pullback.
Pay attention to the volumes - this is an indicator of a BIG player!
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TRX 1h ShortSetup: On the 1h TF, TRX is on a downtrend and just break below the 200 EMA. It is also below the control point. Comparing with the higher TF, there is also low volume between the entry and our take profit level This means that there is more chance for our trade to run
Entry: 0.06986
SL: Trailing Sl of 3.1 ATR, currently at 0.072
TP: 0.06