InvestingScope

1D Channel Down intact. Short.

Short
BITFINEX:TRXUSD   TRON
TRON was rejected on a new Lower High, which is keeping the Channel Down on 1D intact (RSI = 49.394, STOCH = 49.564, MACD = -0.002). The next TP = 0.030110 (March 09 contact point) is expected to get hit on a weekly horizon. 4H has already started reversing (STOCH = 40.469, Williams = -62.354, Ultimate Oscillator = 40.621).

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