TRON / BitcoinLong
Tron's time coming again?
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As you can see in the chart, we've got a few bounces on the 150 EMA, including a drop below and immediate surge when crossing back over.
With that being said we have a support line turned resistance that may have been found (red line) - This may become a short term target line but ultimately I do not expect it to hold long.
We've also got a bit of a wedge being created that holds a timeline no later than April 20 for a price push back to the positive.
I attached my previous review of the chart which was back in January/February range. I'm adjusting those targets a bit to the northland settling at around a 50% retrace.
This could be a whiff and it could be fantastic. Your money isn't mine so don't make investments based on this without doing your own research.
Cheers!
With that being said we have a support line turned resistance that may have been found (red line) - This may become a short term target line but ultimately I do not expect it to hold long.
We've also got a bit of a wedge being created that holds a timeline no later than April 20 for a price push back to the positive.
I attached my previous review of the chart which was back in January/February range. I'm adjusting those targets a bit to the northland settling at around a 50% retrace.
This could be a whiff and it could be fantastic. Your money isn't mine so don't make investments based on this without doing your own research.
Cheers!
Note
Broken south, danger zone with multiple clear lines of resistance to the northNote
Cranges? Cranges McBasketbal?
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