Tron has forming a acending triangle lately wich is likely to break out soon.
How I would play this is wait for the break out to happen, since its in an apex region it's likely going to happen soon.
This R:R setup I made is a risk of 11.75 wich is a very good risk to reward and a possible gain of 14.92%.
The target is based on fib extension level of the wave 1-2 target 1:1 extension.
Also MACD histogram shows some bullish signs upwards and the MA's are about to cross.
The only thing that doesn't look bullish is the RSI wich shows a bearish falling wedge pattern.
How I would play this is wait for the break out to happen, since its in an apex region it's likely going to happen soon.
This R:R setup I made is a risk of 11.75 wich is a very good risk to reward and a possible gain of 14.92%.
The target is based on fib extension level of the wave 1-2 target 1:1 extension.
Also MACD histogram shows some bullish signs upwards and the MA's are about to cross.
The only thing that doesn't look bullish is the RSI wich shows a bearish falling wedge pattern.
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.