As many people yesterday took a look at my TRX analysis that didn't go as well, as I expected, but still outperformed some alts in the value in which have dropped.
The price of TRX was rising strongly against Bitcoin as you can remember from few days ago, and I think with the use of psychology, that many people would like to join this train, same as Omisego next waves.
Currently Tron has found support at the bottom of the support from, and I can say it has bounced with over 5% bottom shadow of this candle, which is a strong bull sign!
Indicators.
EMA's are suggesting a strong volume incoming, or less likely a change to downtrend. RSI is in long term uptrend. MACD wave is likely coming to an end.
Enter in the support area.
TP1 0.03600 22% ($0.036) TP2 0.04000 40% ($0.040)
Stop your loss below $0.028
I am in since $0.02941!
Good luck with this trade! Tibor
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This is a Tron on 4h timeframe. Look how the EMA's were close to each other, and after they almost touched, Boom! A breakout.