Tron coin is still trading above 200 EMA, which the coin been trying to break for some time now.
We are now trading slightly above those EMAs with smaller recovery so we are looking for another attempt to break that 200EMA or at least test it.
As soon as we see a weakness near that zone, it would be a sign we were waiting for and we will be look for short 😉
Swallow Team
We are now trading slightly above those EMAs with smaller recovery so we are looking for another attempt to break that 200EMA or at least test it.
As soon as we see a weakness near that zone, it would be a sign we were waiting for and we will be look for short 😉
Swallow Team
Note
Tron is still pushing toward that resistance zone. We are looking for a daily candle so close in red, which would be acting as a first sign of rejection.
If all plays out well, we should see rejection within the next 3–4 days and a movement to EMAs by the beginning of next week.
Note
Tron is still pushing and pushing to higher zones, pressuring that uppe resistance zone.
Historically, when we see these kind of strong pushes near resistance zone (while bitcoin is sideways or slightly bearish), we usually see sharp rejections near resistance zones.
So our gameplan remains the same; we wait 😉
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.