InvestingScope

Target hit. Limited bounce potential. Short.

Short
BITFINEX:TRXUSD   TRON
TP = 0.016362 hit as 1D aggressively broke the previous low slope Channel Down and is now seen approaching the intermediate line of the underlying 1D Channel Down (MACD = -0.004, Highs/Lows = -0.0025, B/BP = -0.0063). The upside is limited to a Lower High near 0.02500 and we will most likely see 0.009634 (TP) on TRON in the coming week. The December 16, 2017 low is set at 0.01410.

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