TRON TRX/USD is trading at 0.0238 and continues to move as part of its growth. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an upward trend in TRON. As part of the TRON forecast & technical analysis November 5, 2018, a test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.0230. Where can we expect a rebound and an attempt to continue the growth of TRON cryptocurrency with a potential target near the level of 0.0260.
TRON forecast & technical analysis November 5, 2018
An additional signal in favor of the growth of cryptocurrency will be a test of the support area, as well as a rebound from the upper limit of the downward channel. Earlier, a weak signal was received for buy the TRON cryptocurrency, due to the intersection of signal lines at the level of 0.0220.
Cancellation of the growth option of TRON quotes will be a breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with quotes closing below 0.0235, indicating a change in the upward trend in favor of the downward trend and the continuation of the fall of cryptocurrency. TRX/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above the level of 0.0255.
TRON forecast & technical analysis November 5, 2018 involves an attempt to correct the cryptocurrency and test level of 0.0230, from which it is expected to continue the growth of the TRON rate with a potential target near the level of 0.0260. The cancellation of the growth option will be a breakdown of the 0.0235 area, which will indicate a continuation of the fall.