InvestingScope

TRX: Approaching a support zone test. Short.

Short
BITFINEX:TRXUSD   TRON
Tron has broken both Higher Low sequences leading to an Ascending Triangle and 1D is already on oversold STOCHRSI = 0.000, Williams = -97.977 and Ultimate Oscillator = 28.706. The price should now target the 1W Support zone created by the September 12 and August 14 lows = 0.01715 - 0.01605. If enough selling pressure is applied by a selloff on other coins as well a new Lower Low on 1W may be made on the December 16, 2017 contact point = 0.014100.



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