TRON Moving (D) Above EMA50 (210% Mapped)

13 Nov 2021

TRXBTC (Tron) peaked on May earlier this year after recovering from a low and is getting ready for new bullish action.

After the May peak support was hit in late July just below the 0.618 Fib. retracement level.
(This is marked light blue on the chart).

Afterward, all price action has remained above this level making it a strong/confirmed support.

Now that we are seeing prices move above EMA50 (0.00000173), we can expect additional growth.

The support/stop-loss is set at around 149 satoshis; bullish above this level.

The targets can vary but we have up to 210% potential for growth.

Many pairs are hitting new highs compared to March/April/May.
TRXBTC (Tron) remaining strong after the correction on a higher low can lead to a higher high.

Additional details on the chart.

Thank you for reading.

Namaste.