YMGroup

Tron has tested the support level and may continue to move up

Long
WHITEBIT:TRXUSDT   Tron / Tether US
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the Tron chart.

On the chart, we can see how the price has formed an Ascending Channel and is moving in the middle.

Tron has tested the support level 0.0545 and can continue upward movement.

The price is trading above the support level and can reach the resistance line of ascending channel.

I expect that price can continue to move uphill and rise to our goals.

In that case, I decided to set two goals for Tron.

1st goal at level 0.056 and next goal at level 0.058 that coincide with the resistance line.

This is my opinion, I really hope it will be useful for you.
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.