Tron TRX/BTC Update 4/27/2018

in #tron8 years ago

Technical Analysis:

  • Tron broke out of the ascending triangle as expected
  • It broke the resistance at 830 satoshi
    • 830 satoshi is now a support
  • Multiple green candles confirming move towards 900-950 satoshi
    • There will be some resistance at 900 satoshi, not expected to be a tough barrier to break
  • Volume increase confirms upward trend
  • Target to 950 satoshi based the height of the triangle and is proportionate to that
    • Potential pathway shown
  • Overall outlook has not changed, this is a short term analysis
  • Link to yesterdays TA calling for this breakout move




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