TRON forecast & analysis TRX/USD April 7, 2018


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TRON TRX/USD is trading at the level of 0.036. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat TRON trend. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.035 level, from which we should expect a rebound and an attempt to continue growth with the target close to 0.050.

TRON forecast & analysis TRX/USD April 7, 2018

An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as the formation of the depraved «Head and Shoulders» model. Earlier, a medium strength signal was obtained for buy TRON, due to the crossing of signal lines at 0.038.

TRON forecast & analysis TRX/USD April 7, 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 of ​​0.033, which will indicate the change of the flat trend in favor of a bearish trend. Expect to accelerate the growth of quotations TRX/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and closing above 0.040.


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