Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.