TRXETH
has been getting hammered by ETH all week, but I'm starting to see signs of life. I'ts the second day in a row that TRX signaled convergent price and rsi momentum, which is unique among altcoins in the last few days. My confidence level on this short-term trade is only about 75%, but momentum looks pretty good.
Comment:
hmm... my confidence level wasn't very high on this call. So far it's rubbish sideways movement. We still have some bullish divergence on some of the shorter timescales, but let's wait and see. If you're feeling super lucky, put in a limit buy at around 0.000094 just for fun while waiting for direction confirmation. There's a small probability that it could spike down to the support line. Otherwise, I don't have strong enough signals either way.