martin_ilk

TRX POSSIBLE REVERSAL?

BITFINEX:TRXBTC   TRON / Bitcoin
Tron has seemed to be primarily following this bullish channel trend with a breakout or two along the way. With volume decreasing, RSI at about 30, Tron about touching the trend line, and BTC perhaps reversing, it may be a good opportunity to enter into a trade. However, if it breaks this trend line, we will probably see it head towards the 630 SAT area.

Just some thoughts here, trade at your own risk. This is not trading advice and should not be regarded as such. Thank you!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.