With the market speculation, Bull Returning to Market. Tron saw jump from 0.042 to 0.056 partially because of Bull Returning to market and partially because of Tron being listed on many exchanges.
Both of the above factors resulted in heavy buy , Now market seems to slowed down and trade side ways. So what to do now?
If you see the chart, it has formed a cup but where is handle? Handle is yet to be formed. So Just to hold your bets , if you have not entered and want to enter for short term, please hold. If you are already in Tron, then don't sell it yet.
Wait for the handle of tron to be formed(orange line in the chart), if handle forms then it is Big Signal for Buy, and if it goes down it is big signal for Sell.
Long Term: Buy(anything under 0.06)
Short Term: Sell if price goes under 0.042 and buy if price crosses 0.055
As of now this is the analysis.
If you like post, please like , share and subscribe :)
kryptotimes
Both of the above factors resulted in heavy buy , Now market seems to slowed down and trade side ways. So what to do now?
If you see the chart, it has formed a cup but where is handle? Handle is yet to be formed. So Just to hold your bets , if you have not entered and want to enter for short term, please hold. If you are already in Tron, then don't sell it yet.
Wait for the handle of tron to be formed(orange line in the chart), if handle forms then it is Big Signal for Buy, and if it goes down it is big signal for Sell.
Long Term: Buy(anything under 0.06)
Short Term: Sell if price goes under 0.042 and buy if price crosses 0.055
As of now this is the analysis.
If you like post, please like , share and subscribe :)
kryptotimes