TRON (TRXBTC) Breaks All Resistance (100%+ PP)

TRON (TRXBTC) has broken all resistance as we were expecting based on our previous review (see it here

TRON (TRXBTC) Pushes for A Move Up (Resistance To Break)

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On the right hand side, the daily time frame chart, you can see that TRXBTC broke above MA200 (black) and EMA300 (gray) with massive strength; good volume and momentum.

This is a very strong signal and is indicative that additional bullish action will come for TRON, that's because MA200 and EMA300 are very strong resistance to break...

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Here you can find our TRXBTC long term trade:

LONG [TRXBTC] TRON The Bull Is Next [700% PP]

Now, let me take you to the left chart, the weekly time frame.

Here you can see the strong break above EMA50 (magenta - 440 satoshis), which is a very important resistance to break in order to get out of a downtrend.

Now we clearly have an uptrend; higher highs and higher lows.

The RSI is bullish and the MACD is curving up with the histogram favoring the bulls.

You can find all targets on chart.

If you enjoyed this article, hit LIKE and I will keep you updated.

For any questions please use the comments section below... I always reply to all comments.

Namaste.

Note

This situation here with these two candles looks really bullish to me:

The bounce was massive after the retrace, and longer term time frames confirm that additional bullish action is very likely for TRX.

MasterAnanda

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