TRON/DOLLAR s in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
The price is in a range bound but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0562 to...
Having a look at TRX, as we begin March.
Things to keep in mind: a) test net launch, b) coin burn. - end of month.
TRX is tightening in a triangle, with a solid cup and handle forming (See yellow).
I'm hoping that within a week, we see significant increases in value.
Stubborn TRX has fallen and bounced of a previous support line.
If this continues, new larger scale uptrend triangle to follow.
Keep an eye on support breaks (blue lines).
.382 Fib may be trouble again, as triangle draws to a close.
If so, there's always end of march ;)