TRXUSD: Trapped between the 1D MA50 and MA100. Decision time.

Tron is naturally neutral on its 1D technical outlook (RSI = 54.705, MACD = -0.006, ADX = 21.441) as it is on consolidation mode, ranging between the 1D MA50 and the 1D MA100. With the 1D RSI signalling a reversal, as long as the 1D MA100 holds, we expect the next bullish wave to start once the 1D MA50 breaks. Target the R1 level (TP = 0.45150).

See how our prior idea has worked out:

## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##