TRON TRX/USD is trading at the level of 0.041. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in TRON. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.037 level, from which it is expected to rebound and attempt to continue growth with the target close to 0.055.
TRON forecast & analysis TRX/USD April 18, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the «Neckline» of the reversal model «Head and Shoulders», as well as a test of the support level. Earlier, a medium strength signal was obtained for buy of the TRON, due to the crossing of signal lines at 0.038.
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 0.035, 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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