Tronix is about to explode downward. We're seeing a nice squeeze on a daily with the momentum oscillator pointing to the south.
There's virtually no support for TRX as the price is at its lowest since Tron first launched under the Ethereum wing and then broke off to its own mainnet in June 2018.
Short is recommended if we see 2 consecutive down candles on the TTM and oscillator remains below 0.
SL to be set accordingly to your position and target is defined by the TTM and oscillator losing traction.
If you're thinking of investing in Tron long-term, I recommend this article that analyses the fundamental outlook of TRX - bulltrap.io/is-tron-...stment-trx-analysis/
There's virtually no support for TRX as the price is at its lowest since Tron first launched under the Ethereum wing and then broke off to its own mainnet in June 2018.
Short is recommended if we see 2 consecutive down candles on the TTM and oscillator remains below 0.
SL to be set accordingly to your position and target is defined by the TTM and oscillator losing traction.
If you're thinking of investing in Tron long-term, I recommend this article that analyses the fundamental outlook of TRX - bulltrap.io/is-tron-...stment-trx-analysis/