Hello Lads and Ladies,
Today we are looking into TRX. Tron again. As we saw after the successful Mainnet launch the price was going steadily down. Therefore, we are getting down to the suggested buy zone from a week ago.
Looking at RSI we are getting close to the 20 points line, which has not been crossed since more than a month. Taking this into consideration TRX. will have most likely a bounce back up.
Historically looking TRX. has an upward price movement around 5 days after successful news. I believe that the bounce will happen very soon and we will head towards the 1k sats line having multiple short stops at 780,800,851 and 945. These lines are also confirmed with multiple fibs retracements.
Cheers, Tomas