OxHip

OxHip Updated 

A handle may be forming during this pullback on TRX. We'll see what today and tomorrow bring, see if we make a beeline back for the rim of the cup.

OxHip

When things are feeling bleak, remember to zoom out. On the daily chart things still look pretty bullish. We made an attempt to break through 10k (a big psychological resistance) which was also the neckline on an inverse head and shoulders bottom. Which didn't quite make it. I don't think this has invalidated it, it just needs another go, and BTC frequently...

OxHip Updated 

Looks like TRX:ETH Has hit the Mid December trendline. Before the big price boom. It does tend to notice the line and has bounced off it a few times, currently testing it now after a brief consolidation. I'm wondering if it breaks lower, too far low (into that blue box), then it might be headed for the earlier trendline, the one that began early December. ...

OxHip

Today's climb seems too fast to be sustainable. Buyers are hungry but will lose steam. If it doesn't fall too far it should jump back up soon after.