TRX, BULLS INCOMING!

Hello everyone, let’s stake a look at TRX together. We will analyze very carefully every single aspect and decide what the future will bring.

CANDLESTICK: you can see two main trend: the first is horizontal and the second is triangular. The first trend represents the BIGGEST support (lower green line) and BIGGEST resistance (upper green line). From the horizontal trend we can say that we are at the lowest point because the support here is very strong and it is almost impossible to go below 400 sat. The triangular trend is almost complete, if TRX breaks the resistance that forms the triangle, we will have a bull run.
CANDLESTICK: BULLISH

BOLLINGER BANDS (BB): we are touching the upper BB line, in case we break it, a little retrace is expected. If the price starts to go high, BB will be enlarged and we will run for quite some time touching the superior line.
BB: NEUTRAL, maybe bearish in the next hours

VOLUME: low recently. NEUTRAL

RSI: NEUTRAL, buy and sell are balanced.

MACD: VERY BULLISH

TOTAL:
2 BULLISH AND 2 NEUTRAL SIGNS

Trade with your brain
Brainsignals

Comment:

UPDATE: during the night, TRX was added to BITTREX, which started a very bullish pattern. TRX managed to break the resistance level, and now that has become the new support. Next resistance is at 520 sat.

All the indicators are still very bullish, especially MACD.