TRON TRX/USD is trading at the level of 0.049. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in TRON. The test area of Ichimoku Kinko Hyo signal lines near the 0.045 level is expected, from which we should expect a rebound and an attempt to continue growth with the target close to 0.060.
TRON forecast & analysis TRX/USD April 20, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, 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 of 0.038, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations TRX/USD stands with the breakdown of the resistance area and closing above the level of 0.050.
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