TRON COIN(TRX)

in #crypto • 6 years ago

Bullish Gartley and some indecision candles being shown in the PRZ, still waiting for an affirmative bounce!
More than 50% of the indicators I look at are showing bullish divergence with probably another 25% recording oversold conditions.

Price is at a confluence of prior resistance potentially turned support, possible new trendline (green dotted) and the Gartley .
Square up (purple dotted) and prior mid term trendline (purple) provide further support <100 sats -1.05% below.

Option for a short trade, buy upon a confirmed bounce at close to this price, sell at the orange downtrend line and place stop loss below the square up at 950 for a 2.8x risk:return ratio.

#bitcoin #cryptoworld #vincentb
6 years ago in #crypto by
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