TRON ETH, very strong resistance around 4700 , if this resistance does not hold we are going down to 3800, otherwise Tron will rise, not to the moon, we don't want a new ATH, but Tron needs to grow slow and steady, step by step to create value in time. Important the whales are focused on other cryptos.
Comment:
Here we go, its moving as I predicted with some nice long green candles. Tron bounced back a couple of times touching the Ema 200 and than passed it and reached immediately my predicted target at 6550. It was a joy seeing some action and I hope we are only at the beginning. Tron fans are hungry and lots are stuck half way up there from the first ATH (all time high).
Tron is now consolidating to create an important resistance. I think it will keep around 5850 and 6200 and stay there until it gets ready for the next ride. Swing traders will take their profits now, so don't get in panic and hold unless you wanna swing with them as well, good luck getting in and out with profits. For my taste the profit is not enough to do it right now.
I have also seen more buyers with over 500k buying, but we are not there yet where we need to be with the volume. We are still missing the big guns.
I see the next target around 0.000078 to 0.000081 where Tron will have to deal with a heavy resistance. Lets see if my predictions are right again. Thanks for following.
Tron is now consolidating to create an important resistance. I think it will keep around 5850 and 6200 and stay there until it gets ready for the next ride. Swing traders will take their profits now, so don't get in panic and hold unless you wanna swing with them as well, good luck getting in and out with profits. For my taste the profit is not enough to do it right now.
I have also seen more buyers with over 500k buying, but we are not there yet where we need to be with the volume. We are still missing the big guns.
I see the next target around 0.000078 to 0.000081 where Tron will have to deal with a heavy resistance. Lets see if my predictions are right again. Thanks for following.
We have reached our first target and that is Ema 200 (yellow line), we are right there as we speak. I am confident its not going to stop Tron, but it could be throwing it back a few times until Tron can proceed. So hang in there.
Next strong target I see will be around 0.00006500 , after that it will have to consolidate (5000 - 5500) to strengthen again to continue its rise. Those steps are crucial to built its strength and resistance levels. Lets see what happens