RE: TRX Tron, whats going on?!?

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TRX Tron, whats going on?!?

in crpyto •  6 years ago  (edited)

As anticipated, TRX broke thorugh the support at 711 Satoshis and has currently bounced off the 0.618 Fib Retracement level which sits at 675 Satoshis (Red horizontal line). The 4 Hour RSI has accelerated down, if candle closes above the 711 Satoshi level then I would expect a slight jump up which could be a good trade, however if the candle closes below I would expect TRX to continue this downtrend.
Happy hunting folks! :)
TRX  TA 100119 2.PNG

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