Heatrading

TRX watch for a 50% move

Long
BINANCE:TRXUSD   TRON
TRX is in a nice consolidation pattern where MM100 daily slope is turning bullish and also provide support to prices.

MACD Daily and Weekly is green and the H4 is turning bullish, this situation could give momentum to TRX and i wouldn't be surprise to seem a more volatile increase in the coming days.

1st target would be above the 15ct area, if this is break then we would look at higher time frame in direction to ATH.

As long as the MM100 is not broken this scenario will remain and i would be looking a going long within this range.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.