TRXUSDT
Mr. Tron, broke the chanell, but it is currently in a bit of a correction.
Greeting,
in short my view of the situation. The Tron has started to correction, which is confirmed by the daily and weekly RSI, especially the weekly view that has passed the upper limit of 80.
I think that the correction to the first line of support will be around 0.02260-0.02240, and that is where our FIB 0.786 coincided, which is always a good additional confirmation.
Volume shows us increased activity.
For the end the next line of resistance is at around 0.02900 and this is my profit target.
RM: for the move described above we can set the stop below 0.2200, if there would be a stronger drop and the support does not withstand 0.2220, we are going down to 0.01900
just my opinion
Mr. Tron, broke the chanell, but it is currently in a bit of a correction.
Greeting,
in short my view of the situation. The Tron has started to correction, which is confirmed by the daily and weekly RSI, especially the weekly view that has passed the upper limit of 80.
I think that the correction to the first line of support will be around 0.02260-0.02240, and that is where our FIB 0.786 coincided, which is always a good additional confirmation.
Volume shows us increased activity.
For the end the next line of resistance is at around 0.02900 and this is my profit target.
RM: for the move described above we can set the stop below 0.2200, if there would be a stronger drop and the support does not withstand 0.2220, we are going down to 0.01900
just my opinion