TRON (TRX) Long-Term Price Forecast-December 1

2018-12-1 18:46

TRX/USD Long-term Trend: Bullish

Supply zone: $0.03500, $0.04000, $0.04500
Demand zone: $0.01000, $0.008000, $0.00500

Tron long-term outlook resumes as a bullish trend. The strong bearish pressure was gradually weakening on 25th November after the cryptocurrency dropped to $0.01110 in the demand area and the candle closed as a doji an indication of a trend reversal.

Although price was up at $0.01323 in the supply area due to bulls’ brief return, the bears did push price down to $0.01223 in the demand area on 27th November.


Confirmation to the bulls’ takeover occurred on 28th November with a large bullish engulfing candle that pushed TRXUSD to $0.01600 in the supply area. Increased bullish momentum raised price to $0.01710.

Price is below the10-EMA with the stochastic oscillator signal pointing up at 43% an indication of upward price movement as the bulls’ momentum is sustained in the long-term.

 

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

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TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.0152919 (-100%)

trend long-term zone bullish tron demand trx

Источник: bitcoinexchangeguide.com

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