TRON ( TRX ) Finally Closes Over Long-Term Resistance
On Aug 13, the TRON ( TRX ) price broke out from a long-term resistance level . After a potential short-term correction, the price is expected to resume its upward movement towards the next resistance area . TRX Long-Term Levels The TRX price has been increasing on top of an ascending support line since reaching a bottom on March 13. The support line is strengthened by the 50 and 200-day
Trade Setup summary:
Profit targets=4230 pip (420 + 710 + 1330 + 1770)
Stop Loss =760 pip
Reward/Risk > 5.5: 1
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