Hi Traders
Looks like Tron will go for another upswing on TRXUSDT 4h. In a continuos uptrend since 3. January (on the chart since 10th but thats for visual reasons) bulls will probably push up further.
How far can you expect it to go? As shown on the chart first TP should be the top of the last upswing. The second TP could be put on 1.272 of the fix extension. If you are risk hungry you could even run it higher and check if it is going back to hights of November 2019, but don't miss to adjust SL.
Looks like Tron will go for another upswing on TRXUSDT 4h. In a continuos uptrend since 3. January (on the chart since 10th but thats for visual reasons) bulls will probably push up further.
How far can you expect it to go? As shown on the chart first TP should be the top of the last upswing. The second TP could be put on 1.272 of the fix extension. If you are risk hungry you could even run it higher and check if it is going back to hights of November 2019, but don't miss to adjust SL.
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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.