QubitLife

TRXUSD: Possible Long (28.09.2020)

Long
BITFINEX:TRXUSD   TRON / Dollar
On H4, the price found support at 0.025, where divergence was formed between the price and the RSI , indicating a temporary end to the downside movement. Besides, the price made a breakout form trend line .
An upward impulse is formed on H1, which portends a possible continuation of the price growth, and the price found support at 0.026 and RSI already have reached an oversold level on 0.026.

We recommend buying now, as well as when RSI will be reached oversold level.
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Comments

Good analysis
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