🔥Hi friends! Tron now is in the rising wedge and as we know it's the bearish pattern. I think the local pullback is possible but only to trap the short traders.
📊 The preconditions to open a long at the pullback (white area): 🔥 the strong support of local lows and value area where a lot of sl and buy orders are placed 🔥 trap of traders who open a long trade at local highs. I identify the big players using the DOM and FOOTPRINT sclaping tools that show this orders. These tools can increase your win rate by 25-35% 🔥 volume growth confirm us the local bottom as it was previously 🔥 bullish BTC
🚩 The fuel fot the growth can become the short traders, who will open a short trades on the breakdowns.
📊 THE 3 MAIN TARGETS FOR TRX: 1. $0.056 - the key level 2. $0.058-0.059 - the value area 3. $0.061-0.063 - the value area ans strong resistance for the price
Trders, will TRON become the top gainer of 2023 or it have no chance and will fall lower and lower? It is ineresting to know your opinion!
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.