BINANCE:TRXUSDT is setting up an easy trade opportunity with great risk-reward ratio.
Buy-Signal: Tron is approaching a very strong support channel on the daily chart. The channel was established during the heaviest dip in the bear market also combines the support of the recent low. It is a straight forward trade. Buy the green zone and stop-loss if the price closes underneath the green SupertrenD support channel. the recent price action also established a new resistance channel. Even though it is lower than the channel before, we still get a price target of around 0.033$ - 0.035$.
Buy when the price is in the green and sell the resistance channel. Stop loss underneath the green channel.
I hope that was helpful. Best, Felix Kewa
Commento
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Played out perfectly. Now we are waiting for the target.