Hello TRX has consolidated completely on the 4hr chart and its now looking to move up.
Macd crossed over
RSI cross over
Resistance at 0.00010451
Anywhere between .4 to .5 cents is a good entry for a target of aprox .8 cents
Trx/ETH is a long term hold. Really slow lately mostly because people panic sold and dont understand things have to consolidate to further move up.
Only invest what you are willing to lose.
Please keep in mind all crypto investments are risky DYOR.
Cheers!
Macd crossed over
RSI cross over
Resistance at 0.00010451
Anywhere between .4 to .5 cents is a good entry for a target of aprox .8 cents
Trx/ETH is a long term hold. Really slow lately mostly because people panic sold and dont understand things have to consolidate to further move up.
Only invest what you are willing to lose.
Please keep in mind all crypto investments are risky DYOR.
Cheers!
Comment:
Daily chart support lines are holding in case we break further down i had drawn the next support line on my chart:
Comment:
on daily chart trx has bounce back up from a support of 0.00009706 ETH.
I see us going up from here but still need to break resistance 0.00010000
which is what is holding us back at this point!
if we arent able to break resistance we will retest support again and if we break that support line we will test the next support at 0.00009224 eth. I dont see us going any lower than this though as the 4 hr chart has some up posibilities.
the second support level will come into play if BTC was to go below $7000