Usually, you don't touch an alt coin after a big rally. TRONBTC may be an exception.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
We noticed that TRON is breaking above its 21-day moving average on its daily chart. That moving average has been a huge pivot for TRON during it's relentless bear market. Every time it reached that level, it was a sell. Rumors the coin had fundamental problems likely fueled selling.
This time looks a bit different as the burst above the 21-dma looks really good. The true test is whether TRON can break above a monster Fib resistance speed line near 167. TRXBTC has to be above that level to really confirm a bottom.
In the meantime, if you felt like going with the upside momentum, we wouldn't blame you.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.