TRON/BTC Good entry possible with low risk -Daily Ichimoku Setup
TRON/BTC is looking strong trading above the 50/100 EMA.
The Tenkan ( Dark Yellow Line ) Broke above the Kijun ( Dark Blue Line ) and then went on to break the cloud. Now it's retracing from a rejection of the 200 EMA.
Will likely try to break the 200 EMA ( Horizontal 2 ) again.
With the SSB ( Horizontal 1 ) as good support and invalidation if it breaks down that and even more if it breaks the Kijun.
If it breaks the 200 EMA resistance it has good upside potential!
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This is not financial advice, manage your risk, and trade carefully!
For a 6 month 10% Discount in fees on BITMEX you can use the link below:
www.bitmex.com/register/oi7blw
For a 5% Discount in fees on Binance you can use the link below:
www.binance.com/en/register?ref=HYT66O...
The Tenkan ( Dark Yellow Line ) Broke above the Kijun ( Dark Blue Line ) and then went on to break the cloud. Now it's retracing from a rejection of the 200 EMA.
Will likely try to break the 200 EMA ( Horizontal 2 ) again.
With the SSB ( Horizontal 1 ) as good support and invalidation if it breaks down that and even more if it breaks the Kijun.
If it breaks the 200 EMA resistance it has good upside potential!
---------
This is not financial advice, manage your risk, and trade carefully!
For a 6 month 10% Discount in fees on BITMEX you can use the link below:
www.bitmex.com/register/oi7blw
For a 5% Discount in fees on Binance you can use the link below:
www.binance.com/en/register?ref=HYT66O...