TRON TRX is currently been squeezed between two arcs. It will go the direction of the arc it breaks.
if it breaks the upper arc we go long as the Bulls win and set our first target at 50%
if it breaks the lower arc bears win ===> no buy until it hits the indicated support level.
if it breaks the upper arc we go long as the Bulls win and set our first target at 50%
if it breaks the lower arc bears win ===> no buy until it hits the indicated support level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.