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TRON (TRX) - October 4

BINANCE:TRXUSD   TRON
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(TRXUSD 1W Chart) - Mid-Long-Term Perspective
Above the 0.04413840 point: The uptrend is expected to continue.


(1D chart)
First support section: near point 0.08644692 (section 0.08238160-0.09289318)
Second support section: 0.04745992-0.06045559 section.


Resistance section: 0.11243825-0.12543392 section.


Above the 0.09289318 point is the high point, so if the price is maintained above this point, it is expected that there will be a movement to create a new wave.

A short-term Stop Loss is needed if the first support is falling.

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(TRXBTC 1W Chart) - Mid-Long-Term Perspective
Over the 259 Satoshi-318 Satoshi section: Expected to create a new wave.


(1D chart)
First support section: 194 Satoshi-207 Satoshi section.
Second support section: 154 Satoshi-165 Satoshi section.

A short-term Stop Loss is needed if the first support is falling.

If it declines in the second support zone, a Stop Loss is required to preserve profit and loss.


The first resistance section: near the 259 Satoshi point.
Second resistance section: near the 318 Satoshi point.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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