TRON To Resume Its Uptrend? Analysis With Potential Scenarios

23 Nov 2019

TRON (TRXBTC) might be done with its retrace, but it is still too early to know for sure.

We can see that TRXBTC is moving within an ascending channel, slowly printing a beautiful uptrend... Prices can go up from here.

Potential scenarios for TRON (TRXBTC)

• If 0.00000191 holds and TRXBTC moves higher, it is very likely that it will continue to climb up and reach a new peak. The confirmation is set after a close above EMA100 (0.00000210).
  
  
• On the other hand, if TRXBTC moves and closes below 0.00000191, it can easily test the lower support levels at 0.00000178 and 0.00000159.

The sentiment is looking bullish overall.
The altcoins vs Bitcoin pairs are starting to grow.

Looking at other altcoins, it is possible that TRON as well will resume its growth.

Namaste.