TRON / Dollar intraday: above its upper Bollinger band

Our pivot point stands at 0.2601.

Our preference: the upside prevails as long as 0.2601 is support.

Alternative scenario: below 0.2601, expect 0.2547 and 0.2514.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.2621 and 0.2631). Finally, the TRON / Dollar has crossed above its upper Bollinger band (0.2647).

Supports and resistances:

0.2812 **

0.2779 *

0.2747 **

0.2715

0.2650 last

0.2622

0.2601 **