TRX / TETHER Standard Futures
Short
Updated

Tron (TRX): Looking For

262
Tron has had a nice rejection from the upper resistance zone, where we are now looking for further movement to the lower zones.

And as you all know, our favourite EMAs need to be broken in order for us to see the last contraction of downward movement so eyes open here!

Swallow Team
Note
snapshot
Tron has made a bounce from 100EMA, which we did not anticipate, and now we are looking at that upper resistance zone to be re-tested.

Upon re-test, if we see a nice rejection, we might try to catch from there a small short position while we are trading between resistance and 200 EMA. Overall, looking for that 200EMA to be broken!
Note
snapshot
Tron made a nice break of EMAs here and over a humble 9% since our sell zone entry!

🟢 IDEA WAS SUCCESSFUL

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