I have been asked to do a TRON Technical Analysis. IMO its the right time to accumulate some TRX might go down as low as 400 SATS. The lines green and yellow lines are TREND LINE support and resistance plus i combined FIBONACCI levels for the people who prefer fib levels for Support and Resistance. 1. RSI is at 38 and moving up. 2. Ichimoku Cloud is bullish 3. Volume picking up 4. Big news coming soon 5. expecting 10-15% in coming few days 6. TK crossover bullish
Please hit "LIKE" to support!
Thanks
Basics of ICHIMOKU Trading system :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2 Kijun-sen = (26-day high + 26-day low) / 2 Senkou Span A = (Tenkan-sen + Kijun-sen) / 2 Senkou Span B = (52-day high + 52-day low) / 2 Chikou Span = Close plotted 26-days in the past. Read more: Ichimoku Cloud investopedia.com/terms/i/ichimoku-cloud.asp
Trade active
Note
hit 30% target... booking my profit and will reenter again...chart can be used for future purposes.. Hit "LIKE" and follow :)
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