TRON TRX/USD is trading at 0.0234 and continues to move as part of the decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend on TRON. As part of the TRON forecast & analysis TRX/USD October 29, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.0240, 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 0.0210.
TRON forecast & analysis TRX/USD October 29, 2018
An additional signal in favor of reducing cryptocurrency will be a test of the resistance area, as well as a rebound from the upper limit of the downward channel. Earlier, a weak signal was received for SELL the TRON, due to the crossing of signal lines at the level of 0.0256.
Cancellation of the fall in the TRON quotes option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with quotes closing above 0.0250, indicating a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. TRX/USD quotes are expected to accelerate with the breakdown of the support area and closing below 0.0225.
TRON forecast & analysis TRX/USD October 29, 2018 involves an attempt to correct the cryptocurrency and test level 0.0240, from which it is expected to continue falling TRON with a potential target near the level 0.0210, the 0.0250 area will be canceled, which will indicate continued growth.