This is an update of my analysis linked below.
As can be seen from the chart, Tron fell through the 23.6% support and is now clinging to the 50 EMA.
I wanted Tron to move above the Pink line which is the upper apex of the descending triangle, but it looks like it has some difficulties.
The main observation from this update is that Tron now seems to be heading for the 4h Ichimoku cloud for the area where it is thinnest (circled in red), if it fall through here the chances that Tron can move out of the descending triangle might become even smaller.
I would wait with buying Tron until it is clear if it can make the move up (see prior post linked below).
This is just a study of Tron, don't use a financial advice.
As can be seen from the chart, Tron fell through the 23.6% support and is now clinging to the 50 EMA.
I wanted Tron to move above the Pink line which is the upper apex of the descending triangle, but it looks like it has some difficulties.
The main observation from this update is that Tron now seems to be heading for the 4h Ichimoku cloud for the area where it is thinnest (circled in red), if it fall through here the chances that Tron can move out of the descending triangle might become even smaller.
I would wait with buying Tron until it is clear if it can make the move up (see prior post linked below).
This is just a study of Tron, don't use a financial advice.
노트
latest update:
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.