TRON / TetherUSLong
TRON Stop Hunt / Bottom of TR / Bull Flag / Daily
The current market phase is trading range and as always saying, buy low and sell high in trading range.
After touching the top of trading range and stop hunt of retail traders, price kept falling to the bottom of TR.
Again another stop hunt at bottom of trading range.
I myself see all this stop hunts as failed BO. 80% of trading range breakout attempts fail as you see.
Stop hunt >> Bottom of Trading Range >> Descending Channel ( Bull Flag ) >> So higher prices expected if the whole crypto market sentiment remains positive.
If bears push price lower, support zones are marked up.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
After touching the top of trading range and stop hunt of retail traders, price kept falling to the bottom of TR.
Again another stop hunt at bottom of trading range.
I myself see all this stop hunts as failed BO. 80% of trading range breakout attempts fail as you see.
Stop hunt >> Bottom of Trading Range >> Descending Channel ( Bull Flag ) >> So higher prices expected if the whole crypto market sentiment remains positive.
If bears push price lower, support zones are marked up.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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