TRX shows a very healthy and decent bullish overall trend in the larger time frame. There might be some small wicks here and there, but the potential for a healthy price action is good. Chart also shows common resistances and supports, as well as optimal buy orders based on the fibonacci and price action.
The total evaluation for the chart is bullish until proven otherwise by new data.
The total evaluation for the chart is bullish until proven otherwise by new data.
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Due to the positive news of FED today, the move to the upside is more likely now than approaching the 0.070$ range however the resistance near the 0.12$ is still a major resistance until proven otherwise. Happy Longs Everyone!
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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.