Tron ( TRXU19 ) has broken above resistance, it is now trading above EMA10 and EMA50 and is aiming to go higher.
The MACD has now entered the bull zone.
The RSI is bullish after hitting oversold recently. Oversold RSI is a great “buy” signal. Notice the huge bounce right after hitting oversold in the chart below:
Main scenarios are drawn on the chart.
Tron ( TRXU19 ) on BitMEX, this trade has over 269% Potential ROE (Profits Potential).
This is not financial advice.