Tron TRX/BTC Update 4/27/2018
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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I am not a financial advisor, nor is this intended to be financial advise. I encourage you to do your own research considering this blog is a way for me to document my own personal analysis, charts, trading decisions, and experiences.