TRON is trading at 0.0272 and continues to move as part of the correction. TRX/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an upward trend in TRON. As part of the cryptocurrency forecast for April 7, 2019. A test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 0.0267. Where can we expect a rebound and an attempt to continue the growth of TRON cryptocurrency with a potential target near the level of 0.0310.
TRON Forecast and Analysis TRX/USD April 7, 2019
An additional signal in favor of the growth of cryptocurrency will be the test of the support area. The second signal will be a rebound from the lower boundary of the rising channel. Earlier, a strong signal was received for BUY the TRON cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 0.0230. The nearest resistance area is at 0.0305. The area of support for TRX/USD is at 0.0260.
Canceling the growth option of TRON quotes will be a breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with quotes closing below the 0.0253 area. This will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. TRX/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above 0.0290.
TRON Forecast and Analysis TRX/USD April 7, 2019 involves an attempt to correct cryptocurrency and a test level of 0.0267. Where can we expect to continue the growth rate of TRON with a potential target near the level of 0.0310. The cancellation of the lifting option will be a breakdown of the 0.0253 area. This will indicate a continued decline with a potential target of 0.0195.