TRON: How to Trade If You Missed Buy Signal
Tron looks interesting coin if we talk about TA and long term trading. The price broke the downtrend line, and it gave us a buy signal. MACD lines and DMI support the uptrend. RSI is not far from the overbought zone. We will probably see a correction movement soon. It will be good for those who missed the buying opportunity based on the breakout signal.
If you look at the daily chart, there is a clear support zone formed by SMAs and the daily uptrend line, which looks perfect for reversal and new buying opportunities. If sellers are going to push the price downward, this support will be the main target for them. So, we just need to wait for the correction and buy after the reversal. It is the simple plan of how to join the uptrend.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
If you look at the daily chart, there is a clear support zone formed by SMAs and the daily uptrend line, which looks perfect for reversal and new buying opportunities. If sellers are going to push the price downward, this support will be the main target for them. So, we just need to wait for the correction and buy after the reversal. It is the simple plan of how to join the uptrend.
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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