As per S&R Clusters for the time being TRX is trapped under a very strong Resistance Cluster in between $0.025 - 0.032 for about 189 days. As a result:
1st Target DOWN would be: $0.025
2nd on can be : in between $ 0.013 - 0.016
So, the ideal entry would be the second Support Cluster for the weeks to come.
Also, Weekly RSI (2) shows negative divergence which is not OK!
Let me know what is your idea?
Not a financial advice. For learning purposes only.
1st Target DOWN would be: $0.025
2nd on can be : in between $ 0.013 - 0.016
So, the ideal entry would be the second Support Cluster for the weeks to come.
Also, Weekly RSI (2) shows negative divergence which is not OK!
Let me know what is your idea?
Not a financial advice. For learning purposes only.
