TRON forecast & analysis TRX/USD April 16, 2018


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TRON TRX/USD is trading at the level of 0.042. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in TRON. Ichimoku Kinko Hyo signal line area test is near the 0.038 level, from which it is expected to rebound and try to continue growth with the aim of near 0.060.

TRON forecast & analysis TRX/USD April 16, 2018

An additional signal in favor of the growth of the c cryptocurrency will be the test of the «Neckline» of the reversal model «Head and Shoulders». Earlier, a medium strength signal was obtained for buy of the TRON, due to the crossing of signal lines at 0.038.

TRON forecast & analysis TRX/USD April 16, 2018

Cancellation of the variant of growth of quotations TRON will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area 0.034, which will indicate the change of the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations TRX/USD stands with the breakdown of the resistance area and the closing above the level of 0.045.


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