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Mr_Guapo
Jun 8, 2018 11:50 PM

TRX/USD intersection with 100 day MA Short

TRON / DollarBitfinex

Description

MACD showing bearish signs. 12 day moving average still below the 26 day moving average. Volume still with bearish signs, we are constantly with a lack of volume. Besides these two factors we have a bullish sentimento as the 100 day moving average approaches, a spike to the 0.5 line of the fibonacci is expected with the intersection. TRX showing a very positive support at the 0.618 Fibonacci region. Touched 6 times this region and holds strong above it. TRX at 0.057 might not be a bad investment right now at this market. I would still wait two days to see where we are going.
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