Tron (TRX/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency6 years ago (edited)


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TRX Update.png

TRX W.png

Weekly

Looking at our trend timeframe we see price is respecting our dynamic support. Momentum looking bearish although it is starting to slow down. Our weekly timeframe is showing us a possible wammie double bottom forming.

TRX D.png

Daily

Shifting over to our pattern timeframe we see price currently resting our resistance at 745 satoshis, a daily close above this level activates our trade. Stochastic RSI showing momentum is looking extremely bullish with no signs of slowing down.

Link To Chart

Conclusion

  • Buy: After Daily Close Above 725
  • Sell: NO

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


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