Hello fellow tronics.
We are now in a bullish after breaking out of the region that I called in which TRX will pass through. Candles above the gray region confirm that it is on a bullish momentum along with higher trade volumes and MACD bullish momentum. With that said, I see us hitting the green line to test the previous high from March 31st. This would act as a resistance or support depending on how the market will move. If it does go up, I expect the market to hit the black lines above the green line which are indicated as the ATH from this past December. I highly doubt it will happen but with the market's volatility, there is always that chance.
Is this time to buy? The opportunity to buy was in the gray region. However, if you still want to enter, you may want to dollar cost average your way up.
The choice is yours.
We are now in a bullish after breaking out of the region that I called in which TRX will pass through. Candles above the gray region confirm that it is on a bullish momentum along with higher trade volumes and MACD bullish momentum. With that said, I see us hitting the green line to test the previous high from March 31st. This would act as a resistance or support depending on how the market will move. If it does go up, I expect the market to hit the black lines above the green line which are indicated as the ATH from this past December. I highly doubt it will happen but with the market's volatility, there is always that chance.
Is this time to buy? The opportunity to buy was in the gray region. However, if you still want to enter, you may want to dollar cost average your way up.
The choice is yours.