Hello Traders!
- Please feel free to press a like or comment if find trade useful.
- TRON on 4H has created a W shape with double bottom ( red box ) on our strong support zone 0.1035$ and bounced back up very strongly from our support 0.1110$ after retesting it. The hourly chart has closed above the local resistance. I am expecting this pair to retest 0.1110$, 0.12650$ and 0.13950$ resistances respectively.
- Overall TRX is trading inside a ascending channel making new higher lowers , we need to see buyers taking control again from our support 0.1110$ , volume showing positive sign that buyers are ready to push the price higher , if failed sellers will break support and take price towards our strong support 0.1035$
Good Luck Traders !
- Please feel free to press a like or comment if find trade useful.
- TRON on 4H has created a W shape with double bottom ( red box ) on our strong support zone 0.1035$ and bounced back up very strongly from our support 0.1110$ after retesting it. The hourly chart has closed above the local resistance. I am expecting this pair to retest 0.1110$, 0.12650$ and 0.13950$ resistances respectively.
- Overall TRX is trading inside a ascending channel making new higher lowers , we need to see buyers taking control again from our support 0.1110$ , volume showing positive sign that buyers are ready to push the price higher , if failed sellers will break support and take price towards our strong support 0.1035$
Good Luck Traders !