TRON / Dollar intraday: above its upper Bollinger band

Our pivot point stands at 0.3358.

Our preference: the upside prevails as long as 0.3358 is support.

Alternative scenario: the downside breakout of 0.3358 would call for 0.3320 and 0.3297.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3383 and 0.3389). Finally, the TRON / Dollar has crossed above its upper Bollinger band (0.3395).

Supports and resistances:

0.3511 **

0.3489 *

0.3466 **

0.3443

0.3397 last

0.3373

0.3358 **