What TRX's Future is Looking Like Today
TRX has just entered the same trend it entered on 1-17-18.
On 2-1 it broke out of the trend to retest .00000500 but had a nice bounce back into the past trend.
The RSI shows it is oversold and the price is most likely going up some more, so this may have found support inside of the previous trend (Blue)
This is a good sign since it has had multiple chances to go back and stay on the red support but it did not, instead it went up 30% and is holding well in that previous support.
From here it depends on if the correction is almost over or if it is going to continue for some more time.
The green shows what I think will happen if the market comes back and the correction is coming near an end.
The purple is what I think will happen if the market stays steady as it is right now
The yellow is what I think will happen if the market continues to have money pulled out of it.
**I do think its possible it may not even find support where I have put on this chart and this to go to even lower than before the pump if there is a lot of FUD for a future reason. but either way HODL**
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On 2-1 it broke out of the trend to retest .00000500 but had a nice bounce back into the past trend.
The RSI shows it is oversold and the price is most likely going up some more, so this may have found support inside of the previous trend (Blue)
This is a good sign since it has had multiple chances to go back and stay on the red support but it did not, instead it went up 30% and is holding well in that previous support.
From here it depends on if the correction is almost over or if it is going to continue for some more time.
The green shows what I think will happen if the market comes back and the correction is coming near an end.
The purple is what I think will happen if the market stays steady as it is right now
The yellow is what I think will happen if the market continues to have money pulled out of it.
**I do think its possible it may not even find support where I have put on this chart and this to go to even lower than before the pump if there is a lot of FUD for a future reason. but either way HODL**
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