Tron is very likely in its final moments of a bear flag continuation pattern.
By taking the pole of the previous big move down, one can assume that it will go as far down as the low 4 cents.
Personally, I am calling this the floor. After this final move down to that low 4 cent range, Tron will not go below it, possibly for the rest of the year. This will be my...
As you can see on the chart, the period of shorting is almost done, shorting you can cash your profits easy by 1% each bar of 30 minutes.
If Tron gets a Buy signal(higher high and higher low i will update.)
It will take some days before you can buy for a long.
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Dear traders,
Tron is almost bullish, it takes from now and 3 days to confirm.
We are waiting for higher high, will update when to buy tron
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Hans
TRX is in a descending trend and we should not make any trade now until we see the reversal trend. I expect TRX to decrease a bit more to find its support level then bounce up again. Remember we have a special event in the late of May, TRX with Testnet, which can be a good catalyst for the price to increase.
We have a support area around 0.072 - 0.066. Let's see...
