TRXBTC Update - Lower Restraints may bounce us back to 820

I am now reversing short term position on TRX should either of the two restraints hold around 770 and 760 - both strong longterm trend lines , and this could see a reversal of the trend down over the past few hours (predicted in previous analysis).

Should we see a reversal, I would expect to see the bulls carry us back up to 820 if a normal trajectory. However, a fast recovery could signal a further breakout as we head into the evening ( GMT time).

Watch this space (as always...)

Opinion not advice - comments or questions welcome!


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