Forex_Academy

TRON, Weak intent to leave the trend

BINANCE:TRXUSD   TRON
The price of TRON (TRX) reports an increase of 4.10% today Thursday bouncing strongly in the pivot R1 in this 4H chart and its current price is $ 0.0413. TRON continues its Bearish trend and it seems that it wants to stay in the middle of the Bearish Channel, For now the Central Pivot Point is holding the price but a breakout of this could take it to the bottom of the channel, On the positive side we see that indicators are leaving the oversold area and pointing up what can keep the price above the Central Pivot Point .
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