Very Good.
Updated
The previous bearish trend line had proven to be strong for so long, but know we are seeing a very nice sideways consolidation. It's now just bouncing off two close levels of support and resistance. I really think once it passes the .000077 mark, and retests it, we'll be seeing some nice spikes passing .00010 before taking off.
Comment
Unfortunately it broke down below support. I had mentioned in my previous idea of TRX that there were high chances TRX could drop even further due to a strong trend line. Next support is .000064. Nonetheless, buyers are putting pressure and very well could bounce off and retest the level of resistance at .000068. I have not seen any strong signals to buy.
*For the record, I don't HODL like many people do nowadays with cryptos. I swing trade and don't marry any crypto, or at least for now.
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.