Tron ~ Break Support line and retest for downtrend
Hi Folks,
I see Tron only keep going down. Till reach second Support Line.
Where you can see arrow pointing down -> that's retest that zone and going it is own direction ( Down ). Also Fib ext hit it nicely so for time been I think we will be going down.
We might see some push upsite, but that would be just Retracement. Until we see string confirmation on 1D chart I am Bearish :-(
I see Tron only keep going down. Till reach second Support Line.
Where you can see arrow pointing down -> that's retest that zone and going it is own direction ( Down ). Also Fib ext hit it nicely so for time been I think we will be going down.
We might see some push upsite, but that would be just Retracement. Until we see string confirmation on 1D chart I am Bearish :-(
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.