Today I like to share my new current idea for Tron , at 1 hour candles. It´s same at higher timeframes, but for better refreshing I used 1h.
I paying attention to FIBO levels 618 and 0.5 , where sits actual support and resistance zone. If we brake above , It can be signal for more uptrend. Also EMA 50&20 were crossed. But maybe it was only "pump" effect because of listed at UPBIT. It´s very likely...
Maybe , I will be finally surprised & TRON really jump to 884 level ( circa 0.06$ ), as I was today : ) A lot of coins falling, so maybe some trader take out profits and will move to Tronix. But yes, whole market falling yet and probably most of trader will sell at 5 cents again. We need more BTC dominace ( 55-60% ) and bigger market cap ! I hope, TRX will hit 884 to the Mainnet launch May 31th.
For now, I will tracking next TRX moves. Friday and weekend could by very interesting ...
Tip: I edit and set up RSI up and lower line to 90 and 25. It´s better to edit and make it fit to every crypto chart for beter view .
That´s all from me and if you agree, please leave a like . Mario Emvo.
*This is not a financial advice.
Comment
⋅
TRX reverse from downtrend at 618 and is still betwenn this and 0.5 FIBO level.