$Tron has broken out with Impulsive Move | Bullish Flag Needed for Another Impulsive Move
CryptoKraze Technical Analysis
Possibility on 1 Hour Chart
If you look at 1 hour chart, you will see $Tron has made an impulsive move and now it is forming a bullish flag. This is a very common pattern in cryptocurrencies, whenever a coin breaks with the big impulsive move, it pulls back and waits for some time before making next impulsive move. If we look at RSI, it has gone above 70 level in first impulsive move and has to dip close to 50 level now, so we have a pull back done and next impulsive move is ready.
- I have a buy entry at 0.00000520 with my profit target around 0.00000650 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.
Steem Education Initiative is empowering local students of Pakistant through Steem blockchain to give them a chance for better life.
Join SEI at Discord
Follow ADSactly at Discord
Wow! Such a great post. Thanks for sharing your analysis :-D
nice posting
The writers like you need the steemit community. By doing so you can succeed in providing us very good information. I am proud that I am part of this society. I read every article you need. And indeed I responded very much to you and your articles.
I know you can climb the highest mountains. Never lose faith in yourself. Good luck!
All the best for a bright future! May there be success at every turn of life and all your dreams come true!
Go go Tron! Huge potential