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Weekly forecast TRON technical chart
Symbol TRXUSD

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Trade Setup
#TRXUSD
Total Profit: 2430 pip
Closed trade(s): 400 pip Profit
Open trade(s): 2030 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 0.01890 based on 'Valley' entry method at 2020.01.29.

Closed Profit:
TP1 @ 0.02290 touched at 2020.02.06 with 400 pip Profit.

Open Profit:
Profit for one trade is 0.02180(current price) - 0.01890(open price) = 290 pip
7 trade(s) still open, therefore total profit for open trade(s) is 290 x 7 = 2030 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateFebruary 9, 2020 - 18:52
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.01100, beginning of uptrend is expected.
  • We make sure when the resistance at 0.02290 breaks.
  • If the support at 0.01100 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.01550 on 01/23/2020, so more gains maximum to Major Resistance (0.02290) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 69.

Take Profits:

  1. 0.02290
  2. 0.03210
  3. 0.04045
  4. 0.05570
  5. 0.06625
  6. 0.08120
  7. 0.10040
Click on the level to view price action history.
Symbol Released Current Forecast
TRON (TRXUSD) new Sun, 21 Apr 2024
TRON (TRXUSD) Tue, 16 Apr 2024
TRON (TRXUSD) Sat, 6 Apr 2024
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
History
Daily-Trading-Opportunities on TRXUSD.