TRXBTC has floored and seems ready to resume its move back up to form a Cup & Handle:
- price has barely budged in regards to the BTC crash.
- RSI is at an all time low ; indicating that we're deeply oversold.
- A series of hammer have formed on the 4hr ; indicating that the downtrend is slowing down
- RVGI seems to be indicating that we're at the start of a trend reversal.
- TRXBTC has touched the 450-455 satoshis mark ; and is ready to bounce on it once BTC recovers.
- price has barely budged in regards to the BTC crash.
- RSI is at an all time low ; indicating that we're deeply oversold.
- A series of hammer have formed on the 4hr ; indicating that the downtrend is slowing down
- RVGI seems to be indicating that we're at the start of a trend reversal.
- TRXBTC has touched the 450-455 satoshis mark ; and is ready to bounce on it once BTC recovers.
Trade active:
As predicted, TRXBTC bouncing with the BTC recovery. We just the 580 satoshis resistance. Next stop at 600.
Trade active:
We broke the 600 satoshis mark. Next stops are 650, 680, 700.
Trade active:
Done with 700; Next stop 750; then 800.
Trade active:
About to bounce of the 580 satoshis support. Expecting TRX to regain momentum with BTC's recovery.