Bullish TRON (TRX)? Next Easy Target Mapped Long

TRON / BitcoinBinance

Description

⋅ Jun 30, 2020 9:05 PM

We've seen so many altcoins produce great bullish action... But what about TRON (TRXBTC)?

Here we have multiple signals that are now pointing to growth... Let's have a quick look at those:

We have prices trading above EMA10 and EMA50.
Switching the potential from bearish to bullish.
We have low volume while breaking resistance, supporting the bullish trend.
The MACD is above zero and showing a bullish cross.
The RSI is considered strong/bullish above 50. For TRXBTC on the daily timeframe, the RSI is now at 60+.
- Looking at these signals, we can say that TRXBTC can easily jump.
  
  Remember to have a plan if you decide to trade.
  The charts are always changing and this one here can also change.
  
  If prices break and close below EMA10, the above analysis becomes invalid and a new one is needed to better know what will happen next.
  
  Thanks a lot for reading.
  
  Namaste.

Comment

⋅ Jul 6, 2020 12:29 AM

Get ready folks this will be big...

Comments

fayzondoe

⋅ Jul 1, 2020 6:20 PM

hey Alan! check out XLM!

Bluechipinvestments

⋅ Aug 16, 2020 6:27 PM

Spot on!! Great TA!

wildturtle1980

⋅ Jul 6, 2020 1:19 PM

Been waiting for long time 🥳🥳 go for it Trx

Mohammadhs

⋅ Jul 6, 2020 4:09 AM

Now good for buy?

FindTheSun

⋅ Jul 6, 2020 12:45 AM

TRX <3

FindTheSun

⋅ Jul 1, 2020 10:08 AM

I'd say we just wait until it closes above the ema200?

zannyboy392

⋅ Jun 30, 2020 9:17 PM

WRX looks like its finally trying to break out :)

FindTheSun

⋅ Jul 1, 2020 10:10 AM

@zannyboy392, well maybe, i'd say just wait until MACD turns positive :)

zannyboy392

⋅ Jul 1, 2020 8:22 PM

@FindTheSun, it looking good now!