TNasr
Long

TRON is headed up

BITFINEX:TRXUSD   TRON / Dollar
Tron seems to have bottomed short term and the general trend short term is up. We see from Fibonacci levels derived from the latest run up from 4-4 that once the .618 (denoted by the shaded rectangle ); which held as a strong support broke, that we descended a lot. Recently though price has broken a few trend lines represented in green and seems to be finding support per price stability, bullish MACD crossover, and clear bullish RSI divergence represented by two yellow lines- 1 for price which is slightly down while that for RSI is up. The first hurdle to clear will be the 0.786 which served as perfect resistance, highlighted by the red circle. Lets see what the next couple weeks bring.
Comment: If the yellow trendline in the graph extended further we would probably be at it now (7/29) if it breaks the next line of resistance would be the 0.786 Fibonacci level of 0.0437
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out