Bitcoin & Tron Analysis 21 July 2018

in #bitcoin7 years ago (edited)

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BTC/USD

$6900$7900+.An inverse head and shoulders pattern was completed by #Bitcoin, with a neckline break above at . The pattern target of this #Breakout is

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$7600. Traders can take partial profits at $7500$6700$7700, it will invalidate bearish pattern. Failure of bearish pattern is a bullish sign with the new targets at $8500+ and $10,000+.
$6000$7000 mark in the next few days, but it should hold.#Bitcoin has a strong resistance at **$7700, also the downtrend line of the descending triangle is close at and use #Stoploss at . If #Bitcoin break out and close above #Bitcoin bottom is looks likes at . By looking through #Stochastic, it looks like going in downward direction, so possibility of a retest of

TRX/BTC

456 Satoshi#Tron tried to go above 20-day #MA and the downtrend line but unable to do so. #Tron has a major #support level at . Few Events of #TRX are coming in July last, so I believe its price might go up.

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516 Satoshi600+ SatoshiAlso by looking through #Stochastic its already going in #Oversold Zone. It has #Resistance at , if it cross above this #Resistance it can go up to . I think we can purchase #Tron at this level by placing #Stoploss and get Profit till August first week.

All forecasts based on current Market Situation. If Situation change we will Review Charts again and Revise accordingly.

UPVOTE | RESTEEM | FOLLOW

Every #UPVOTE will get UPVOTE in Return from me.

Wish You Success!


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wao nice prediction. wait and see what happen

thanks

you are most welcome sir

You have really shared useful information.

thanks for support