TRON consolidated a little longer than expected on 4H, but is still kept below the resisting trendline since May 30th (red dotted line). Even if this is crossed any upside attempt is limited to 0.046047. Every rise is a short opportunity according to the 1D Channel Down (RSI = 36.702, Highs/Lows = -0.0008, B/BP = -0.0015). As a result the now borderline neutral 4H (RSI = 40.799, MACD = 0) should start pressuring lower. The TP set for TRXUSD remains: 0.034219 (March 22 contact point) followed by the 0.030110 (March 09) and 0.023083 (March 18) extensions.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.