TRX Ready for a big move ahead?

in trx •  7 years ago 

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TRX/BTC has stablished this same region as bottom for some time now. Every single time it has went lower, it bounced right up to the same channel again. Now, Tron 6.06% is getting closer to a very important downtrend line, originated in January 19th, which has served as resistance and has NEVER been broken since that day, not even by a shadow! Ok, but why would now be a good moment to buy? Wouldn't that mean that TRX will hit the wall of despair and go even lower? I don't think so! Since its downfall from the 0.00002 ATH -0.58% , TRX has never had an important divergence on OBV... until now. Such a divergence shows that, even though the value has been falling since February 28th, the volume of green candles has been WAY BIGGER than the volume of the red ones. That's an important indicador of tendency change! Such a thing so close from this major downtrend line? Let the dead raise from the ground!

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