TRON TRX/USD is trading at the level of 0.066. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend on TRON. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.070 level, from which it is expected to rebound and attempt to continue falling with the target close to 0.050.
TRON forecast & analysis TRX/USD May 20, 2018
An additional signal in favor of the fall of the cryptocurrency will be the resistance area test, as well as the upper bound of the «Triangle» model. Earlier, a strong signal was received for sell of TRON cryptocurrency, due to the crossing of signal lines at 0.068.
Canceling the variant of falling quotes TRON will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 0.075, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations TRX/USD stands