TRON / TetherUS

TRX/USDT (Test Weekly Key Level?)

1 051
💎Technical Analysis Summary💎


TRX/USDT


-After a good bounce from EMA23 two weeks ago
-TRON is likely to retest its weekly key area of support
-Due to BTC Dominance increasing value these few past days
-Many altcoins are pulling back from their recent gains or lows
-But looking at the long term view for TRX
-As long as this EMA and a key area is holding
-There are still chances for the Bulls to recover back up
-For now, we will have to see for any bullish reaction in the green zone
-It is not a good time yet to buy heavily on altcoin when they are showing weakness
-I'm currently out of any swing positions and will look for re-entry soon
-Be careful everyone especially those holding any altcoins
-Please book in some profit or have a stop loss always ready




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