Divergence for Long position
Currently TRX is building a falling wedge and building divergence as per MACD and AO. It is also oversold in Stoch RSI.
After it has completed the wedge, it will go into MINIMUM of fib 1.618.
Buy at current price;
SL at 0.00013. if it breaks 0.0013, please exit the trade as this idea is not valid anymore. We will have to wait another pattern to build up.
Exit strategy would be depending on your own strategy. 1.618 is the minimum TP. once it hits 2.618 or 3.618 or 4.236, it will retrace as the movement is complete.
For donation purpose;
BTC ; 19gKRB8RAybarS52L6AWDHuWPMKvAsy4Ce
TRX ; 0xb3a89767a17c8cd2a56cc8c45c4292f654076ff6
ETH ; 0xb3a89767a17c8cd2a56cc8c45c4292f654076ff6
After it has completed the wedge, it will go into MINIMUM of fib 1.618.
Buy at current price;
SL at 0.00013. if it breaks 0.0013, please exit the trade as this idea is not valid anymore. We will have to wait another pattern to build up.
Exit strategy would be depending on your own strategy. 1.618 is the minimum TP. once it hits 2.618 or 3.618 or 4.236, it will retrace as the movement is complete.
For donation purpose;
BTC ; 19gKRB8RAybarS52L6AWDHuWPMKvAsy4Ce
TRX ; 0xb3a89767a17c8cd2a56cc8c45c4292f654076ff6
ETH ; 0xb3a89767a17c8cd2a56cc8c45c4292f654076ff6
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