TRX Breakout or Breakdown!?!
TRX Daily chart shows that the top band and bottom band are starting to pinch the middle band which indicates vitality.If daily candle closes above the middle band chances of moving up and testing the Middle High Low Moving Average line (RED LINE) around .03.We have tested the resistance level of $.027 several times so it is getting weaker.
If we close under the middle band we could move down to support.
We have support around the $0.20 area.
RSI is sitting at the 52 mark.Does have room to grow.
BUY @ $0.20
SELL @ $0.30
STOP LOSS @ $0.18
If we close under the middle band we could move down to support.
We have support around the $0.20 area.
RSI is sitting at the 52 mark.Does have room to grow.
BUY @ $0.20
SELL @ $0.30
STOP LOSS @ $0.18
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