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TRON / Bitcoin

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TRXBTC trade ideas

Is it On in TRON?Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception. We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling. This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom. In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
Long
by tokenmetrics
TrxBtc in Approaching strong bottomHello guys, Trx shown some action lately that pin point potential bottom approaching, I believe from now on accumulating TRX will not be a bad idea towards the level of 125sats. Price trading in potential downtrend channel which almost hot the last down target and expecting major rally soon. Looking through the past formation and price action towards the bottom zone suggested that price always form CUP when ever it bottomed out and i think same thing will be in play on TRX now. Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation. Level to watch for are: POSSIBLE ENTRY ZONE SELL TARGETS Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates. Thank you Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place. Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Long
by weslad
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