Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.


TRX/USD Short-term Trend: Bullish

SourceBlog
#1
TRXUSD continues in an uptrend market in its short-term outlook. Just like usual the crypto’s price is going up as we can see from the 4-hourly chart.

Today’s 4-hour opening candle at $0.016 in the resistance area is bullish as the bulls remain dominant in the market.
TRXUSD is initially up at $0.017 above the two EMAs in the resistance area, an indication of more buyers present in the market.

Thus, the stochastic signal pointing down at level 79% in the overbought region suggests the momentum in price of the coin might encounter a trend reversal in the days ahead, in this case, a downtrend in the short-term.

@TradeCryptoNow
Reply