TRON (TRX) Long-Term Price Forecast- December -16

2018-12-16 07:04

TRX/USD Long-term Trend: Ranging

Supply zone: $0.03500, $0.04000, $0.04500
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook remains in a range-bound market. $0.01439 in the supply area was the high attained by the bullish pressure on 9th December. TRXUSD dropped to $0.01260 on 14th December which was the low of the week. All within the range.

With the week ended as a bullish doji, the bulls may prevail within the range in the come days.

Price is around the 10-EMA which act as a resistance against the upward price movement. The stochastic oscillator is at 23% and its signal is in parallel line an indication of the ranging scenario.

TRXUSD is consolidation and trading between $0.01706 in the upper supply area and at $0.01113 in the lower demand area of the range. A breakout at the upper supply area may be considered for a long position while a breakdown at the lower demand area may be a short position with good candle pattern as confirmation for entries. Hence patience is needed to allow this occurred before taking any position.

 

 

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

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TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0130086 (-100%)

long-term december tron supply zone trx 9th

Источник: bitcoinexchangeguide.com

long-term december → Результатов: 47


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