Assalamuwlaikum
Dear tron-fan-club friends.
I hope you are all well by the grace of Allah. Alhamdulillah I'am also well blessing of Allah.Iam @zobayerr
Today I want to share some of my own experiences about Tron coin. I did some analysis by looking at Trx coin.
I would like to show you with a screenshot in case you understand. Hopefully,
if the price of Bitcoin is stable then my analysis can be useful.
First we will go trading view and look at the candles of these coin.
I shared the first screenshot of the candle with you and will discuss it in detail below.
Support Triangle Without these we would not be able to understand the image of this coin so we will now share another screenshot and explain everything that is support resistant in it.
To do the analysis, we first need to draw support.
As we can see in this screenshot we have dropped support resistant and triangle.
You can see the candle is out of the triangle.
The coin is moving upwards out of the triangle.
But according to our analysis we will try to understand whether the candles will be stable at the top or move down.
You can clearly see that the candle could not stand by touching the upper resistant.
But according to our analysis there is a possibility of a small pump if the support at the top can break and the candle can stand on top but we will show in the next screenshot how far it can go.
We can see through the screenshot how much the price can go up according to our analysis.
If our candles break the resistance at 249 satoshi and create new support and if it is stable then hopefully the eighty percent given in our screenshot will touch that.
As we are imagining the pump, the analysis from our screenshot shows that the chances of dumping the candle are much higher if that is not broken.
If the price of Bitcoin is stable then according to my analysis, if the resistance breaks and the support is created, the candles will move upwards.But we have not yet broken the resistance, in that case we will wait until the support below.
I have just done the analysis with my qualifications. If you think it will work well, then support me.
Hope everybody is well.Specially thanks #tronfanclub members.
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Good analysis.
We will wait in anticipation of the result
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I am optimistic that if the price of Bitcoin is stable and breaks the resistance of my drawing and builds support then the chances of price rise will increase a lot.
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You have analyzed tron coins very efficiently. I really like this post of yours, this post is very important. Good luck to you.
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thank you so much for supporting.
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Thank you for sharing with us, hopefully this is useful for all of us.
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