TRON
Long

TRXUSD: 4hr Ascending Triangle & Weekly Sequential 9

Aktualisiert
Tron looking bullish and trying to break out of its ascending triangle as well as 200 MA, similar to ETH, LTC and BCH. It's tempting to take the trade above the Sequential 9 at 0.01675 when the weekly candle would flip green, similar to ETH in this sense which played out well. However the setup is only 1.5 reward ration on the 4 hr, so will wait for a better setup on the weekly (or potentially the Daily).

Similar to the altcoin market the Weekly Sequential 9 is a doji reversal candle:

Altcoins Bouncing From 200 Week MA after TD Sequential 9


BTC Dominance is otherwise starting breaking down since Ethereum's run up:

BTC Dominance Rising Wedge Theory
Anmerkung
Yet another perfect pop.

Snapshot
Trade geschlossen: Ziel wurde erreicht
Would of been a good trade then after all. Probably another coming up soon though.
Ascending TrianglebullishbreakoutChart PatternsTechnical IndicatorstdsequentialTrend AnalysisTRONTron

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