In addition to increasing the number of on-chain transactions, Turkish investors can now buy TRX/TRY on the Koineks platform.
TRX/USD
Although the path of least resistance for price appears to be downward, the short-term trend will depend on where the price closes today. On short time frames, demand increases.
If price closes higher today, a three-candle reversal pattern will form, in which case aggressive traders should buy the dips with stops at 2.2 cents and first targets at 3 cents. On the other hand, a large decline in price could trigger a fall below the October 2 lows of 2 cents with bearish targets at 1.5 cents.
ADA/USD
The failure of sellers to push the price below the November 4 mark means that our bullish breakout plan is still valid. In fact, the ADA/USD pair rose 1% over the past day, and 6% over the week. One glance at the daily chart is enough to confirm our trading plan. We recommend buying on dips with stops at $7.3 cents and first targets at $9.5 cents. Once the price breaks through support at the October highs, conservative traders could start buying with an initial target of 12 cents.
According to newsbtc.com
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