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Weekly forecast TRON technical chart
Symbol TRXUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 10, 2020 - 15:04
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.00700, beginning of uptrend is expected.
  • We make sure when the resistance at 0.01830 breaks.
  • If the support at 0.00700 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.01660 on 05/05/2020, so more losses to support(s) 0.01400, 0.01260, 0.01100 and minimum to Major Support (0.00700) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 45.

Supports and Resistances:

  1. 0.10040
  2. 0.08120
  3. 0.06625
  4. 0.05570
  5. 0.04045
  6. 0.03210
  7. 0.02670
  8. 0.02290
  9. 0.01830
Click on the level to view price action history.

Symbol Released Current Forecast
TRON (TRXUSD) Tue, 16 Apr 2024
TRON (TRXUSD) Sat, 6 Apr 2024
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
TRON (TRXUSD) Sun, 10 Mar 2024