Tron has been in a down trend since January 5th, after creating all time highs. We seem to have found solid support levels and more buyers are entering the market. Just recently we have broken a down-trend trend line. There is an up-trend channel forming. I'm currently bullish anywhere from 0.000095 to 0.000075. I personally feel there are 2 entry points for anyone looking to enter the market.
Entry 1:
- Retest of the Trend Line
Entry 2: (If Support and Channel Fail)
- If the support and channel fail, I will look to enter again at the 0.000075 level.
Targets:
- I believe targets for this trade depend on what your plans are.For instance, do you want to hold, or buy and sell the channel?
What Do You Think?
- What do you think? Are you bullish/bearish on TRON? Why?
Please remember this is simply an idea, so treat it as such. I'm not saying anyone should invest their money based upon my ideas, do your own research first. This is simply to see what others opinions are and provide food for thought.
Happy Trading!
Entry 1:
- Retest of the Trend Line
Entry 2: (If Support and Channel Fail)
- If the support and channel fail, I will look to enter again at the 0.000075 level.
Targets:
- I believe targets for this trade depend on what your plans are.For instance, do you want to hold, or buy and sell the channel?
What Do You Think?
- What do you think? Are you bullish/bearish on TRON? Why?
Please remember this is simply an idea, so treat it as such. I'm not saying anyone should invest their money based upon my ideas, do your own research first. This is simply to see what others opinions are and provide food for thought.
Happy Trading!