Just like a majority of the altcoins, Tron looks like it's beginning it's alt season. We saw the bottom in late Sept.-early Oct. just like XRP. We won't see those levels again for a while..
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 45% move.
This dip in the market right now causing price to dip sub 200 sats was because the move at 210 sats failed. This is just normal market cycle, use this dip to your advantage and enter the market.
Tron will cross back over the 210 sat move very fast, then accumulate on top of the 210 level before it tries to test 283 sats.
Entry @ 195-197 sats
Exit @ 283 sats
As always please do your own research, I am not a financial advisor.
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 45% move.
This dip in the market right now causing price to dip sub 200 sats was because the move at 210 sats failed. This is just normal market cycle, use this dip to your advantage and enter the market.
Tron will cross back over the 210 sat move very fast, then accumulate on top of the 210 level before it tries to test 283 sats.
Entry @ 195-197 sats
Exit @ 283 sats
As always please do your own research, I am not a financial advisor.