First, let's take a look at the chart signals
Today two major challenges are taking place, the orange downtrend line, and EMA10.
At the time of writing, prices for TRXBTC are now moving above these two levels.
Daily candle closure is needed for signal confirmation.
Back to 'What will happen next?"
TRXBTC can continue growing and face resistance at around 0.00000190 or EMA50.
If prices move below EMA10 with good , we can expect the lower purple to be tested.
If this level breaks, we go lower, if it holds prices will bounce.
We are here but trading is still needed.
Today is a Saturday/Weekend, so any signals on low can easily reverse, so we consider these EARLY SIGNALS... You've been warned.
The is showing a cross and the is also looking good.
We are looking for TRON to start growing next.
Thanks a lot for reading.
Your support is truly appreciated.
P.S. Always have a plan/strategy if you decide to trade.
Keep on eye on Tron.
Thanks a lot for your support.
Leave a comment if you have any questions.
Wishing you a great Sunday.