TRX had been in a bit of a limbo, leaning towards a bearish trend. There is a support at 6778 wich is the fib short term. Down trend is heading there slowly. But the thing that make this interesting is the Oscilator diverging from the trend. This could be where TRX does the next rally, it is dangerous because it could just as well dip at this point where you could of taken more profit if held for the reversal.
2 places of reversal:
6801 - 8:00 am 22 January tomorrow morning (just humoring myself with how close I can get it :))
6498 - 02:00 am 23 January
Not a pro just tying to see if my analysis is any good
2 places of reversal:
6801 - 8:00 am 22 January tomorrow morning (just humoring myself with how close I can get it :))
6498 - 02:00 am 23 January
Not a pro just tying to see if my analysis is any good
Comment:
Cool so still hovering on 6800 range but it looks like 6498 is the next reversal area... after that we start all over again :)
Comment:
I am quite pleased that it was right on que :) Maybe a bit of luck...
Now to see if the bulls can keep it going... 800 gonna be quite a thing to get over...
Now to see if the bulls can keep it going... 800 gonna be quite a thing to get over...
Comment:
TRX just doesn't have enough steam... lets see what she does next few hours... Maybe a false break. Next point for reversal still intact