TRX Price Analysis
TRX is forming a falling wedge after some selling off the price tested the bottom of the kumo and has shown it is currently acting as support. This is witnessed by the wick on the daily candle.
The stochastic RSI as well as the RVI may be forming double bottoms.
TRIX further confirms that these are heavily oversold conditions and although there hasn't been a bull cross I would expect one over the next few days.
The stochastic RSI as well as the RVI may be forming double bottoms.
TRIX further confirms that these are heavily oversold conditions and although there hasn't been a bull cross I would expect one over the next few days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.