Since the 2nd October, TRON did a good development.
The Bulls broke one resistance and turned it to a support, another resistance line was hit.
Will the trend continue ?
It is possible, the price is far above the 30 EMA.
The price has not reached the 70 RSI line yet.
The candles look good as well.
So there is definitely a possibility of trend continuation.
An entry would be ideally above the Resistance line 1.
If the price drops below the Support 1 line, then the Bulls are losing and we have a chance to short it.
The Bulls broke one resistance and turned it to a support, another resistance line was hit.
Will the trend continue ?
It is possible, the price is far above the 30 EMA.
The price has not reached the 70 RSI line yet.
The candles look good as well.
So there is definitely a possibility of trend continuation.
An entry would be ideally above the Resistance line 1.
If the price drops below the Support 1 line, then the Bulls are losing and we have a chance to short it.