Since the 2nd October, TRON did a good development.
The Bulls broke one resistance and turned it to a support, another resistance line was hit.
Will the trend continue ?
It is possible, the price is far above the 30 EMA.
The price has not reached the 70 RSI line yet.
The candles look good as well.
So there is definitely a possibility of trend continuation.
An entry would be ideally above the Resistance line 1.
If the price drops below the Support 1 line, then the Bulls are losing and we have a chance to short it.
The Bulls broke one resistance and turned it to a support, another resistance line was hit.
Will the trend continue ?
It is possible, the price is far above the 30 EMA.
The price has not reached the 70 RSI line yet.
The candles look good as well.
So there is definitely a possibility of trend continuation.
An entry would be ideally above the Resistance line 1.
If the price drops below the Support 1 line, then the Bulls are losing and we have a chance to short it.
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.