Let's take a quick look at the 4 hours chart, many positive signals are developing for TRON ( TRX ). Let's take a look:
- Strong confirmed breakout (check the lasted closed candle).
- crossover and trending up entering the zone.
- , DMI and are now all in the zone or trending .
- Strong bounce after a 100% retrace from April's breakout. Good signal that bottom was reached.
- Now trading above EMA20, 50 and 100, all these resistance levels were broken in the previous 4h candle.
More signals are also showing up on this chart as well as positive developments on longer time frames.
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Thanks a lot for your great support.
- Trend line.
- Bollinger bands.
- TD Sequential.
- Plus indicators: MACD, RSI, DMI & STOCH.
- Looking good.