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TRON (TRX) - July 12

BINANCE:TRXUSDT   TRON / TetherUS
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(TRXUSDT 1M Chart)
The 0.04736-0.06034 interval is the interval that determines the trend.

Therefore, if the price is maintained above this range, it is expected to rise.


(1W chart)
Primary resistance: 0.07679-0.08631
Secondary resistance: 0.10176-0.11228

1st support: 0.06034-0.06461
Second support: 0.04736


(1D chart)
On July 9th, the RSI marked an overbought zone and is declining.

It is necessary to check whether it can be supported in the first support section.

In particular, you need to make sure it is supported at 0.06532.


The volatility period is around July 20.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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