fract

Tron looks tasty for bulls in mid term

Long
fract Updated   
BITFINEX:TRXUSD   TRON
Tron has already retraced to 0.618 indicating that we are around the demand zone. We are fluctuating sideways forming a triangle on a key resistance level of the previous cycles at the price of 0.055 making it a very stable level for bulls. I'd buy as soon as it breaks out. In case of a decline, I will continue buying more as it falls deeper into strong support levels.
In addition to that I made universal grid based on the structure of tron to be able to view its potentials in nearest future.
Comment:
Buy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.