Peymana71

TRON, Just Need a Push!

Long
BITFINEX:TRXUSD   TRON
Hi guys,
Let's take a quick look at TRX -0.28% .
As you know TRX -0.28% is in a downward channel and touched its ultimate support line lately.I see 2 Bullish pattern in chart and bullish div -0.36% signs in indicators that show reversal desire in TRX -0.28% .A bullish triangle and an IH&S.
In first attempt for breaking neckline of head an shoulder,we failed and need a retest. Because of that i have more hope in triangle but as you see in title, TRX -0.28% need a Push from Master BTC -1.11% .If BTC -1.11% fall again,we can see a new low in TRX -0.28% easily but hope not see that.
As you see EMA 50 made a strong Resistance for TRX -0.28% and after touched that it made a big reversal in RSI D.After EMA resistance we have ichimoku to break .In MACD we have peace,temporary.
Stay tune for a confirmation in TRX -0.28% in each way by my next update and enter this trade with safty.
Good Luck
Peyman A
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.