TRON
Long

TRXUSD; Above the downtrendline

A higher low was needed after the hammer I mentioned in the previous analyses. The higher low came and now bulls got a downtrendline break. Also, The Bollinger Bands are widening.

Ingredients for this move north to continue for now. A nice shorter-term target would be the mid of the earlier congestion zone, as well as the first Fibonacci level around 0.03550.
Chart PatternsTechnical IndicatorsTrend Analysis

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