A close look on Tron - Big gains incoming????
Hi guys, this is my idea of tron on the 30 minute chart. Tron has been having a lot of sideways motion within the bull flag I set in my previous post. From here we will see it either hit off the top trend line of the bull flag and bounce back down, or it will head back up and form a new wave setting up to hit my previous target price. We see it has broke out of the small pennant I drew and has a high RSI levels. If we look at the 4 hour chart, I don't have the full version so bare with me, we see a bullish MACD cross while in the 30 minute chart it doesn't fit the same criteria. So my expectations from here is possibly more sideways motion, bouncing up and down from the resistance and the new support at around .00000625, until the 30 minute RSI is lower and a breakout is more realistic. Please leave a like, comment, and follow if you appreciate my ideas, it helps me greatly and would be much appreciated!
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