After its run-up yesterday, Tron is currently cooling down. If it can hold the 960 to 980, it is a vital signal of strength for the altcoin. This will decide how far this mainnet launch takes us.
*Please note that this is a safer trade but if it does not go to plan, you need to react accordingly.
How to trade:
If you currently hold TRX, be aware that if we cannot hold the 960 support zone we will probably see a drop of at least 3%.
Therefore, we have a stop loss at 957
Buy in (if situation above does occur):
920 satoshi support zone
850-900 support zone (unlikely)
If we do hold the 960 support:
Buy in:
960-970 support level
Sell targets:
980-1081 satoshi range
1100 satoshi level
1260 satoshi level
1379-1400 satoshi level
Thank you for reading! Tron has been a perfect target to use TA on, and it has gone 100% to my expectations. Please leave any criticisms in the box below.
If you are interested, you can check out my previous 4 Tron charts, where I called the top and bottoms 4 times accurately.