Tron / TetherShort
TRX down trend
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Never risk more than you can afford to lose.
Always DYOR.
TRX crashed down %61.20, it traveled it down trend channel from $0.1291 upto $0.0500, then surged %48.92 again up to & 0.0758 which made a round bottom. one may observe that TRX has already the handle from $0.0680 upto $0.0746 (the marked zone) and even more.
Then TRX reacted to $0.0768 resistance zone which is a daily level and rejected downward.
TRX may reach to $0.0703, $0.0612 & $0.0553 support zone respectively, unless otherwise BTC causes a surge in total cryptocurrency market and BTC reaches strongly to 50k then TRX will not be an exception and will surge to upper resistance levels, if not, it may continue its down trend as mentioned above.
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
TRX crashed down %61.20, it traveled it down trend channel from $0.1291 upto $0.0500, then surged %48.92 again up to & 0.0758 which made a round bottom. one may observe that TRX has already the handle from $0.0680 upto $0.0746 (the marked zone) and even more.
Then TRX reacted to $0.0768 resistance zone which is a daily level and rejected downward.
TRX may reach to $0.0703, $0.0612 & $0.0553 support zone respectively, unless otherwise BTC causes a surge in total cryptocurrency market and BTC reaches strongly to 50k then TRX will not be an exception and will surge to upper resistance levels, if not, it may continue its down trend as mentioned above.
This is personal idea and I am not a financial adviser.
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