TRX is currently on a trend line on RSI, it was been crossed but not broken yet, so we are waiting for a confirmation. Also the red candle touched with it's shadow on bollingers range so a small bull run could happen in the given range angle.
Take caution also that we are following a down trend that is marked aswell in red and a btc drop could easily make this all go away, so keep watching for a confirmation, if we break the triangle support then we are going even further down.
Take caution also that we are following a down trend that is marked aswell in red and a btc drop could easily make this all go away, so keep watching for a confirmation, if we break the triangle support then we are going even further down.
Note
our support line has been broken, possible new low target compingNote
took longer than expected and even broke up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.