Tron (TRX) - June 8Hello?
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(TRXUSD 1W Chart)
If the price holds above the critical support point of 0.04413840, we expect the uptrend to continue.
However, if it falls above the 0.07500028 point, it may fall near the 0.04413840 point to rise again, so you need to trade cautiously.
Acceleration of the uptrend is expected to begin with a rise above the 0.09289318-0.10168507 section.
We expect further gains as we are seeing our first gains over a long sideways phase.
(1D chart)
It remains to be seen whether the 0.07253780-0.09389276 section can continue sideways.
If the 0.07253780-0.09389276 section continues to converse, it is expected to turn into an uptrend.
If it goes down, you should check to see if it finds support at the 0.05118284 point.
If it falls in the range of 0.04050536-0.05118284, it is expected to take a long time to rise as it enters the long-term investment area, so careful trading is required.
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(TRXBTC 1W Chart)
If it fell from the 318 Satoshi point in the month of June 2019, it has been sideways so far.
It remains to be seen whether the sidewalk can continue beyond the 165 Satoshi-194 Satoshi section, which is the middle section of the sideways section.
An uptrend is expected to begin with the breakout of the 318 Satoshi point.
(1D chart)
It remains to be seen if the 199 Satoshi-215 Satoshi section can support and rise.
If it falls from the 199 Satoshi point, Stop Loss is required to preserve profit and loss.
However, careful trading is required as it can touch the 165 satoshi point and rise.
A consolidation above the 215 Satoshi point is expected to continue the upward trend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
