TRON TRX/USD is trading at 0.0248 and continues to move as part of the correction. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in TRON.
As part of the TRON forecast & analysis TRX/USD October 22, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.0250, from which one can expect a rebound and an attempt to continue the fall of the TRON cryptocurrency with a target near the level of 0.0220.
An additional signal in favor of reducing cryptocurrency will be a test of the resistance area, as well as a rebound from the upper border of the «Triangle» model. Earlier, a weak signal was received for sell of TRON cryptocurrencies, due to the crossing of signal lines at the level of 0.0256.
Canceling the option of falling TRON quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above 0.0265, indicating a change in the downward trend in favor of an upward trend and continued growth of cryptocurrency. Expect confirmation of a decline in TRX/USD quotes with a breakdown of the lower boundary of the «Triangle» model and closing below 0.0230.
TRON forecast & analysis TRX/USD October 22, 2018 involves an attempt to correct the cryptocurrency and test level 0.0250, from which it is expected to continue falling TRON rate with a potential target near the level 0.0220, the 0.0265 region will break down the reduction option, which will indicate continued growth.